EX30, EX90 and the safety-first road to electric — Volvo’s EV transition, tracked.
Luxury automaker Bentley Motors has pushed back its timeline for going fully electric, announcing it will continue producing gas-powered vehicles until 2035 – five years later than originally planned. The British manufacturer also revealed its first electric vehicle will be an “urban SUV” coming in 2026, according to information shared by the company on Thursday,…
The Swedish automaker has reversed its earlier decision to delay the US launch of its subcompact electric SUV, the EX30, announcing that initial deliveries will begin before the end of 2024, according to Car and Driver. Performance Model Takes the Lead Volvo’s focusing on the Twin Motor Performance variant first, which packs some serious punch.…
Volvo Cars has significantly cut its annual sales growth forecast and shifted its all-electric timeline as market pressures mount, according to the Financial Times. Growth Forecast Takes a Hit The Swedish automaker now expects just 7-8% retail sales growth this year, less than half of its July projection of 12-15%. Despite posting a strong Q3…
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…
In a surprising turn of events, Volvo, once a trailblazer in the electric vehicle revolution, is now easing off the accelerator on its ambitious all-electric plans. This strategic shift comes as the Swedish automaker grapples with a market that’s not quite as enthusiastic about EVs as initially anticipated, according to a recent report from The…
Volvo is shifting gears on its electric vehicle strategy, planning a renewed push into plug-in hybrid vehicles (PHEVs) despite previously aiming to go fully electric by 2030. The Swedish automaker is now focusing on extending the electric range of its PHEVs, as reported by Motor Authority. Volvo’s New PHEV Strategy Volvo’s chief product and strategy…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China, making local production a smart and necessary play, reports The New York Times. Racing Against…
BMW is taking a big step towards a more sustainable future by partnering with Redwood Materials to recycle lithium-ion battery packs from its electrified vehicles. This move is part of BMW’s broader strategy to create a closed-loop supply chain for its EVs, starting with its sixth-generation powertrain that will debut in the Neue Klasse, according…
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