Credit to Author: Steve Hanley| Date: Thu, 09 Mar 2023 18:05:55 +0000
Volkswagen could get up to $10 billion in IRA benefits if it decides to build a new battery factory in the US instead of Europe.
Credit to Author: Dr. Maximilian Holland| Date: Wed, 08 Mar 2023 04:36:59 +0000
Germany, Europe’s single largest auto market, saw plugin electric vehicles take 21.5% share of sales in February 2023, a drop from 24.9% year on year. Full electric share grew, but plugin hybrid share almost halved. Overall auto volume was 206,210 units, up by some 3% YoY, but still some 18% down from pre-2020 seasonal norms. […]
Credit to Author: Dr. Maximilian Holland| Date: Tue, 07 Mar 2023 06:21:38 +0000
The UK saw plugin electric vehicles take 22.9% share of the auto market in February 2023, down from 25.6% year on year. Overall auto volume was 74,441 units, up some 26% YoY, though still down from the ~81.000 unit seasonal norm, pre-2020. The Tesla Model Y was the UK’s best selling full electric vehicle for […]
Credit to Author: Steve Hanley| Date: Fri, 03 Mar 2023 23:35:18 +0000
Scout Motors is an independent US company backed by Volkswagen Group whose board of directors includes Dr. Gernot Doellner, the head of group strategy at Volkswagen AG, and Peter Bosch, the member of the Bentley Motors board responsible for manufacturing. Its CEO is Scott Keogh, formerly head of Volkswagen of America. In a press release […]
Credit to Author: Steve Hanley| Date: Fri, 03 Mar 2023 21:06:56 +0000
Redwood Materials reports that after the first year of operation, its battery recycling facility in California has been a success.
Credit to Author: José Pontes| Date: Fri, 03 Mar 2023 19:32:09 +0000
The Tesla Model Y is #1 again in the electric vehicle market. Registrations were up 10% year over year (YoY) in January, to over 662,000 units. China’s market was the main driver of growth. Share-wise, 2023 started with plugin vehicles getting 11% share of the global auto market (7.6% BEV). While this is below last […]
Credit to Author: Steve Hanley| Date: Thu, 02 Mar 2023 19:01:14 +0000
Volkswagen has promised ten new electric models by 2026. Marketing being what it is, an updated version of the ID.3 — the battery-electric hatchback introduced two and half years ago — is the first of those ten new models, the company says. If that’s so, you sure can’t tell by looking at the new car. […]
Credit to Author: Remeredzai Joseph Kuhudzai| Date: Thu, 02 Mar 2023 16:25:34 +0000
VW is working to grow its footprint on the African continent. VW has a factory in Port Elizabeth, South Africa, where it has capacity to produce 162,000 vehicles per year. Currently, 75% of the vehicles produced in South Africa are exported to global markets such as Germany, UK, and Japan. VW produces the ICE VW […]
Credit to Author: Dr. Maximilian Holland| Date: Thu, 02 Mar 2023 09:23:37 +0000
In February, Sweden’s plugin electric vehicles continued to dominate with a 54.0% share of auto sales, up from 51.6% year on year. Full electric share grew substantially, whilst plugin hybrid share decreased. Overall auto volume was 18,442 units, down some 13% YoY. The Volvo XC40 was February’s best selling BEV yet again, holding the lead […]
Credit to Author: Zachary Shahan| Date: Mon, 27 Feb 2023 00:46:31 +0000
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, they were “only” down by 725,726 units (5%). But compared to 2019, they were down by more than 3 […]