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Polestar plans to launch EVs in seven new markets next year

Teslarati

Volvo- and Geely-owned electric vehicle (EV) maker Polestar has announced plans to launch in seven new markets next year, as announced by the company this week. Polestar shared a press release on Monday, detailing plans to debut its EVs in seven European, Asian, and South American markets in 2025. What are your thoughts?

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Polestar reports $242M Q2 loss, remains hopeful for rest of 2024

Teslarati

“Polestar remains confident of a stronger second half of the year, particularly in the fourth quarter as sales of the two premium SUVs build,” the company writes in the release. Polestar also began delivering the Polestar 4 this month, its first effort in the SUV coupe segment with a range of up to 620 km (~385 miles).

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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

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Polestar (PSNY) is expanding its retail and sales footprint, will enter seven new markets in 2025

Baua Electric

In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year. That initial SUV will be followed by a more compact model called the Polestar 4 and a sports sedan called the 5. FTC: We use income earning auto affiliate links.

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BMW tops Tesla in EV sales for the first time as gap narrows in Europe

Baua Electric

BMW led the market for the first time despite slowing EV sales in Germany, France, and Belgium. Despite sales slipping in Germany (-2%), France (-2%), and Belgium (-7%), other EU markets helped drive growth. In July, SUVs set a new record with 554,000 units registered, up 6% YOY. According to new data from Jato Dynamics , 1.03

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EEA: average CO2 emissions from new cars and new vans in Europe increased in 2018

Green Car Congress

The main factors contributing to the increase of new passenger cars’ emissions in 2018 include the growing share of gasoline cars in new registrations, in particular in the sport utility vehicle (SUV) segment. Moreover, the market penetration of zero- and low-emission vehicles, including electric cars, remained slow in 2018.

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EEA: average CO2 emissions from new cars and new vans in Europe increased again in 2019

Green Car Congress

EEA said that one reason for the increase in car emissions is the growing share of the sport utility vehicle (SUV) segment. The market penetration of electric cars remained slow in 2019. About 38% of new car registrations were SUVs. The market share of gasoline vans was 3.4%, which is slightly less than in 2018.

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