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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.

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Volvo suddenly shifts EX30, EX90 production to Belgium to avoid China-made EV tariffs

Baua Electric

Volvo announced it planned to build its new low-cost EX30 at its Ghent plant in Belgium last October. With EV imports from Chinese automakers like BYD and MG surging, the EU claims unfair government subsidies are promoting the growth. Volvo’s fully electric cars accounted for 25% of all vehicles sold last month.

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Volvo hints the EX30 could be exported from Belgium to the US to avoid new EV tariffs

Baua Electric

Volvo began building its new low-cost EV, the EX30, in Zhangjiakou, China, last fall. The EX30 is “one of the best-selling fully electric cars in Europe” in its first few months on the market, according to Björn Annwall, chief commercial officer and deputy CEO at Volvo Cars. It also features up to 275 miles range.

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Jeep is launching a $25,000 EV in the US ‘very soon’ to revamp the rugged SUV brand

Baua Electric

Another low-cost electric vehicle is headed to the US. A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Tavares said he expects the company’s EVs to reach cost parity with gas-powered cars within the next three years.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Ford is the fastest-growing auto brand in Saudi Arabia ahead of upcoming overseas EV push

Baua Electric

The company highlighted its new lineup of vehicles , including its first fully electric vehicle, the Mustang Mach-E. It’s our first fully electric vehicle for the region and is truly one of the most exciting vehicles Ford has ever produced.” The Middle East is another key overseas auto market shifting to electric models.