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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.

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BYD just set a new sales record as aggressive price cuts take effect, is it enough to top Tesla?

Baua Electric

China’s leading EV maker, BYD , set a new monthly NEV sales record as it battles for market share in an increasingly competitive market. The growth after BYD slashed prices on some of its top-selling electric vehicles. After NEV sales surged 35% from last year, BYD surpassed its previous 341,043 NEVs sold in December 2023.

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2019 Kia Niro EV crossover utility makes North American debut at LA Auto Show

Green Car Congress

First to arrive in 2016 was the hybrid, then in 2017 the Plug-in Hybrid (PHEV), and now a fully-electric powertrain. The new Niro EV will be built in South Korea at Kia’s Hwaseong manufacturing facility, alongside the Niro hybrid and plug-in hybrid.

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Global auto production may hit 80+ million units this year; hybrids below 2% of total output

Green Car Congress

Hybrids remain below 2% of total vehicle output. Global sales of passenger vehicles increased from 75.4 The major driver of increased production and sales are the emerging economies, especially China. Rising sales translate into an ever-expanding global vehicle parc. million in 2010 to 76.8 million to 78.6 l/100 km (52.3

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Roland Berger: China is the frontrunner in e-mobility subsidies; sales of xEVs double in Q1

Green Car Congress

The index, prepared by Roland Berger and fka experts, compares the relative competitive standings of the top seven automotive nations (Germany, France, Italy, the USA, Japan, China and South Korea) in the electromobility segment. Sales of xEVs doubled in China in Q1 2015 from Q1 2014.

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Hyundai introduces trade-in program in Korea to encourage transition from ICE cars to EVs

Baua Electric

The move is designed to encourage shoppers to go electric with discounts on new Hyundai EVs when turning in used gas-powered cars. Carrying the momentum into 2024 After selling a record 268,785 fully electric vehicles last year, Hyundai has no plans to slow down this year. FTC: We use income earning auto affiliate links.

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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

Green Car Congress

The index assess the relative competitive position of the seven leading automotive nations (Germany, France, Italy, the US, Japan, China and South Korea) on the basis of three key indicators: technology; industry; and market. China is the clear leader with its 2016 sales. The two countries had jointly held the lead in Q1.

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