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Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. This in turn translates to lower sales in relatively cold regions of the world. Climate Friendly driving does not necessarily mean an SUV, says the company.
Honda announced an initial annual sales target of 70,000 units for the Prologue SUV, Honda’s first new volume battery-electric vehicle (BEV), when it goes on sale in 2024. Honda anticipates these regions will represent the bulk of sales at the onset of launch due to higher customer acceptance and regulatory requirements.
5 electric SUV coupé and the sporty ID.5 The e-SUV coupé is equipped with the new ID. models, Volkswagen’s first e-SUV coupé is based on the Volkswagen modular electric drive matrix (MEB). 5 GTX: 4582 mm), the e-SUV coupé from Volkswagen will launch in 2022 with three power options. 5 GTX with dual-motor all-wheel drive.
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Both parties have also agreed to inject 2 billion RMB (US$307 million) in capital into the company.
Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs.
Stellantis CEO Carlos Tavares said that the company is targeting global battery-electric vehicle sales of 5 million units in 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the United States.
These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Starting with an annual global sales goal of 3.15 million units in 2022, Kia aims to continue its quantitative growth by building on the company’s product quality. million BEV sales in 2030. Kia to achieve 1.2
Polestar, the Swedish premium electric car company founded by Volvo Cars and Geely Holding, delivered on its global sales target of 29,000 vehicles in 2021, representing year-on-year growth exceeding 185%. In addition to the openings of inner-city Polestar Spaces, the company debuted its new, larger, out-of-town Polestar Destinations.
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.
Tesla is continuing its long-standing tradition of dominating electric vehicle sales in California. Despite an increased number of competitors and models attempting to take market share from the company, Tesla still holds over fifty percent of the EV segment in the Golden State. percent of the EV sales in California in 2024.
Toyota Motor Corporation and Subaru Corporation disclosed today that they have agreed jointly to develop a platform dedicated to battery electric vehicles (BEVs) for midsize and large passenger vehicles and jointly to develop a C-segment-class BEV SUV model for sale under each company’s own brand.
Subaru will name its new full-electric SUV Solterra. While the two companies have brought together their knowledge to create a completely new platform, Subaru aims to realize superior passive safety and vehicle stability in this BEV-dedicated platform. The Solterra will go on sale in 2022.
Polestar, the premium electric car brand from Sweden, announced that its first all-electric SUV will be manufactured in the United States. Polestar vehicles built in South Carolina will be for sale in the United States. All of this makes the brand even more competitive in the critical American sales market.
Mullen Automotive, an emerging EV manufacturer, announced the signing of a vehicle purchase agreement with MGT Lease Company, a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks. The contract is valued at $15,755,000.
With the new Model Y now starting deliveries, Tesla China’s year-to-date registrations appear to have surpassed the company’s 2024 numbers in the same period. It's interesting to see sales increase and stabilize. This was highlighted by the momentum of Tesla’s new vehicle registrations in the country.
Volkswagen intends to sell 150,000 e-cars—of which 100,000 will be the ID and ID SUV—by 2020, according to Thomas Ulbrich, Member of the Volkswagen Brand Board of Management, E-Mobility division. The company is also committing itself to developing a comprehensive charging infrastructure. MEB Architecture.
As a fully electric version of the best-selling XC40 SUV, the first Volvo to win the prestigious European Car of the Year award, the XC40 Recharge P8 is based on CMA, an advanced modular vehicle architecture co-developed within the Geely Group. Construction of that assembly line is expected to start this fall.
Researchers at the University of Michigan and Ford Motor Company have conducted a cradle-to-grave life cycle GHG assessment of model year 2020 ICEV, HEV, and BEV sedans, sports utility vehicles (SUVs), and pickup trucks in the United States. years for SUVs, and 1.3 Woody et al. years for sedans, 1.4
Kia just set another US sales record in August, with more cars sold than in any month in company history. As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year.
Polestar, the Swedish electric performance car company, announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Polestar intends to list on the Nasdaq in a proposed business combination with Gores Guggenheim, Inc.
The lagging supply of semiconductors caused limitations in production throughout the course of the year, which ultimately had a major impact on the unit sales figures, the company said. 4 compact electric SUV is Volkswagen’s most popular BEV worldwide, accounting for 45.5% if the brand’s global BEV sales in 2021.
During the conference, the company announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles. Honda will begin enhancing its sales network in China preparing for the start of full-fledged EV business. e:N series.
In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. This year, Hyundai begin sales of IONIQ 6, followed by IONIQ 7 in 2024.
Deliveries of the new CMA-based Polestar 2, which will begin in August, will continue to drive sales on this successful platform. The range offers a PHEV option on all of Volvo car models, with the aim that by 2025, half of its global sales volume will consist of fully electric cars, with the rest hybrids. billion (US$1.6
Volvo Cars has opened order books for the XC40 Recharge P8 AWD ( earlier post ), the company’s first fully electric car which is based on the best-selling SUV, in selected markets. The company says it has already received “several thousands” of firm orders even before the formal start of sales.
Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. The company’s December deliveries represent a 326% increase year-over-year and a 35% increase from November. In the fourth quarter 2020, 8,527 P7s were delivered.
Nissan and its affiliate Autech announced the start of sales of the Note Autech Crossover in Japan. The Note Autech Crossover aims to enhance the driving experience with the functionality and style of an SUV. Earlier post.). Earlier post.). Autech Japan, Inc. Premium sporty” is the brand concept.
All three months recorded their respective highest-ever sales. The company delivered 3,914 cars (BMW + MINI) in Q1 2025 and 1,373 motorcycles under the BMW Motorrad brand. The company delivered 3,914 cars (BMW + MINI) in Q1 2025 and 1,373 motorcycles under the BMW Motorrad brand.
…Read More Demand for the top-end luxury segment grew by 34 per cent in FY2025 but sales were largely driven by core models such as the C-Class, E-Class, GLC, and GLE Mercedes-Benz India registered its best-ever annual sales with 18,928 units retailed in FY2024-25.
Nissan introduced the all-new Nissan Ariya, an electric crossover SUV that lets customers travel up to approximately 300 miles per charge (preliminary Nissan estimate for long-range 2WD model). The company expects sales of its EVs and e-POWER electrified models to be more than 1 million units a year by the end of fiscal 2023.
E-Tourneo Courier is a five-seat multi-activity vehicle with an SUV-inspired design. E-Tourneo Courier is one of 10 all-electric vehicles Ford has committed to offering in Europe by 2024, as it targets zero emissions for all vehicle sales in the region by 2035. Ford revealed the all-new E‑Tourneo Courier in Copenhagen, Denmark.
Toyoda said the company is aiming for global sales of 3.5 million EVs per year by 2030—about one-third of current vehicle sales. Additionally, the company will increase its new investment in batteries from the ¥1.5 Additionally, the company will increase its new investment in batteries from the ¥1.5
The Audi e-tron and e-tron Sportback are assembled in Brussels, Belgium, in a plant certified as carbon-neutral, according to Belgian testing company Vinçotte, with suppliers also using sustainable production processes when and where possible. The company has set itself the goal of reducing vehicle-specific CO 2 emissions by 30% by 2025.
Hyundai Motor Company has launched the IONIQ brand, which will be dedicated to battery electric vehicles. —Wonhong Cho, Executive Vice President and Global Chief Marketing Officer at Hyundai Motor Company. With a new emphasis on connected living, we will offer electrified experiences integral to an eco-friendly lifestyle.
The company showcased two new products slated for India at their recently concluded Global Product Showcase Event held in Yokohama, Japan. While the B-segment MPV is scheduled for launch in 2025, the compact SUV will be launced in early 2026.
fuel sales tax) and/or credits (e.g., C2G GHG emissions of various vehicle-fuel pathways for small SUVs assuming high technology progress. Lifetime cost versus GHG emissions by vehicle-fuel pathway for the Future Technology case for small SUVs (2020$). vehicle subsidies). they cost less than the ICEV and emit fewer emissions.
We will strengthen sales of hybrid electric vehicles, including in emerging markets, and increase the number of plug-in hybrid electric vehicle options. The company will released ten new BEV models by 2026, which would amount to 1.5 million vehicles of annual sales.
Like the XC40 Recharge electric compact SUV, the C40 Recharge comes with an infotainment systems jointly developed with Google and based on the Android operating system. The company will roll out several additional electric models in coming years and aims for 50% of its global sales volume to consist of fully electric cars by 2025.
VinFast officially launched VF e34 E-SUVsales in Indonesia. The all-electric SUV is a C-segment vehicle with a right-hand configuration. The VF e34 E-SUV’s price starts at IDR 315,000,000 ($19,843), excluding the company’s battery subscription policy.
It appears that the Tesla Model Y is still a very notable presence in China’s SUV market. From January to August 2024 alone, the all-electric crossover appears to have become China’s best-selling SUV, battery-electric or otherwise. TSLA Tesla Model Y is also the best-selling SUV in China.
Two other fuel cell vehicle manufacturers—Toyota and Honda—have also joined the consortium with respective agreements for fuel cell vehicle sales to support infrastructure growth. In its portion of the agreement, Hyundai has committed to fuel cell vehicle sales growth supporting the expanding hydrogen infrastructure.
As part of the investment, the Halewood plant in the UK will become an all-electric production facility and the next generation medium-size SUV architecture, electrified modular architecture (EMA), will now be pure-electric.
Tesla had record electric vehicle (EV) sales in China for the last month of the year and an increase in sales for the full year, again solidifying the world’s largest automotive market as an important one for the U.S. On Friday, Tesla China reported that its 2024 EV sales rose 8.8 Sales in the market made up 36.7
By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims to drive 55% of US sales to be fully-electric by 2030. Buzz electric microbus in 2024, and new electric SUVs from 2026. 4 in 2022, the ID. Assembly of the ID.4
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