Volkswagen Group delivers 42% more all-electric vehicles in the first quarter

Volkswagen Group deliveries of all-electric vehicles (BEVs) rose by 42% in Q1 2023 compared to the prior-year period, which was hit harder by supply chain issues. A total of 141,000 BEVs were handed over to customers, up from 99,200 in the first quarter of 2022. BEVs made up 6.9% of... Read more →

California posted new light-duty zero emission vehicle (ZEV) sales—battery-electric (BEV), plug-in hybrid (PHEV) and fuel cell vehicles (FCEV)—of 124,053 units in Q1 2023, representing 21.1% market share of the total 588,455 light-duty vehicles sold, according to the California Energy Commission. The Q1 sales bring the cumulative ZEV sales in the... Read more →

Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. New EV pricing peaked in 2022, coming down steadily since... Read more →

Volvo Cars Q1 sales up 10% to 162,938 units; all-electric vehicles took 18% share

Volvo Cars reported sales of 162,938 cars for Q1 2023, up 10% compared to the same period last year. The sales growth was mainly led by the company’s fully electric cars. For the month of March, Volvo Cars sold 63,132 cars globally, up 8% compared with the same month last... Read more →

Ford US EV sales up 41% in Q1 to 10,866 units; 2.3% of total Ford new vehicle sales

Ford’s EV sales grew 41.0% in Q1 2023 on sales of 10,866 electric vehicles. F-150 Lightning sales totaled 4,291 pickups with production capacity actions on track to hit an annual production run rate of 150,000 this year. Sales by Ford Pro of the E-Transit, the best-selling electric van in the... Read more →

Chevy Bolt EV/EUV US deliveries reach 19,700 units in Q1 2023, up from 358 in Q1 2022

General Motors’ Chevrolet brand reported US deliveries of 19,700 units of the Bolt EV/EUV in Q1 2023. Sales in Q1 2022 were only 358 units, as the Bolt was recovering from the battery issues that halted production and sales of the vehicle earlier in 2021. Combined with Cadillac LYRIQ deliveries... Read more →

Volkswagen ID.4 sales jump 254.2% in Q1 2023; 14.4% of all new vehicle sales

In Q1 2023, Volkswagen of America reported 67,853 units sold—up 4.4% from the 64,993 in Q1 2022. Volkswagen currently has only one EV on the US market: the ID.4. Sales of the ID.4 in Q1 2023 jumped 254.2% to 9,758 units, representing 14.4% of all new vehicle sales for the... Read more →

In Q1 2023, Audi of America reported 52,763 deliveries, up 49% year-on-year. Of those sales, 4,438 were battery-electric, up 36.5% from the 3,252 BEVs sold in Q1 2022. However, because overall Audi sales rose, the share of new vehicle sales for BEVs dropped from 9.2% to 8.4%. The best-selling EV... Read more →

Battery-electric vehicles accounted for 8% of BMW NA sales in Q1

In the first quarter of 2023, BMW brand sales in the US totaled 82,466 vehicles, an 11.9% increase from the 73,714 vehicles sold in the first quarter of 2022. BMW sold 6,588 battery electric vehicles, which accounts for 8% of total U.S. sales. In total, electrified vehicles (combined battery electric... Read more →

Tesla Q1 2023 deliveries up 36% over Q1 2022 to 422,875 units

In Q1 2023, Tesla produced 440,808 cars and delivered 422,875, up 36.4% over the same period in 2022, in which Tesla produced 305,407 vehicles and delivered 310,048. Model Production Deliveries Model S/X 19,437 10,695 Model 3/Y 421,371 412,180 Total 440,808 422,875 Tesla will post its financial results for the first... Read more →

Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. Sales of Volvo Cars’ Recharge... Read more →

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. New-vehicle inventory levels are increasing from historic lows in early 2022, but prices... Read more →

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% of all Volvo cars sold globally during the month. The... Read more →

GP JOULE to order 100 Nikola Tre Fuel Cell Electric Vehicles

Nikola Corporation and IVECO, the brand of Iveco Group that designs, manufactures, and markets heavy-, medium-, and light-duty trucks, announced a Letter of Intent for an order of 100 Class 8, heavy-duty Nikola Tre hydrogen Fuel Cell Electric Vehicles (FCEVs) from GP JOULE, a system provider for integrated energy solutions... Read more →

California announced that 18.8% (345,818 units) of all new cars sold last year in California were ZEVs. A small number of those ZEV sales (3.89%, or 3,303 units) were made to out-of-state buyers. 40% of ZEVs sold in the US are sold in California. Snapshot of CEC’s ZEV Sales dashboard.... Read more →

Volkswagen Group delivered 572,100 BEVs worldwide in 2022, up 26% y-o-y, 6.9% of total

Despite supply constraints and temporary production stops, the Volkswagen Group handed over 572,100 all-electric vehicles to customers around the globe in 2022—up 26% compared to 2021. The BEV share of total deliveries thus reached 6.9%, up from 5.1% a year earlier and 2.5% in 2020. The Volkswagen Group remains the... Read more →

KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to... Read more →

Polestar, the Swedish electric performance car brand, delivered approximately 21,000 vehicles in the fourth quarter of 2022, bringing the preliminary estimate for full year global volumes to 51,500 cars, up 80% year-on-year. In 2023, Polestar anticipates global volumes to increase by nearly 60% to approximately 80,000 cars, led by strong... Read more →

BMW sold 15,584 full EVs in US in 2022; 4.7% of total sales

In the fourth quarter 2022, BMW sold 8,689 electric vehicles, surpassing the totals achieved in the previous three quarters combined. For the full year 2022, BMW sold 15,584 fully electric vehicles in the US, accounting for approximately 4.7% of total US sales. In March 2022, the fully electric BMW iX... Read more →

Volvo Car USA fully electric vehicle sales reach 7.2% of total in 2022

Volvo Car USA reported sales of 102,038 cars for the full year 2022, down 16.5% compared with the year before. The share of fully electric Volvo cars reached 7.2% during the year, up 14.3% year-on-year. The company said that full year sales performance was affected by challenges across the supply... Read more →

Volkswagen of America reported total 2022 sales of 301,069 units. Sales of the ID.4 accounted for 20,511 units, or 6.9% of total sales. Overall, VWoA sales declined 19.7% in 2022 compared to the previous year. SUVs accounted for 83% of sales in 2022, although the total was down 9% from... Read more →

In 2022, Tesla produced 1,369,611 EVs (up 47% year-on-year) and delivered 1,313,851 (up 40% year-on-year). In the fourth quarter, the company produced more 439,000 vehicles and delivered more than 405,000 vehicles. For the year, Model 3/Y deliveries accounted for 95% (1,247,146 units). Tesla will post its financial results for the... Read more →

Ford EV sales up 103% y-o-y in November; 4.3% of total sales

Ford electric vehicles sales in the US were up 103% for November 2022 compared to year ago, making Ford the US’ second best-selling brand and manufacturer of electric vehicles behind Tesla. EV sales for the month were 6,255 units, or 4.3% of total vehicle sales for the month. The US’... Read more →

Volvo Cars sales up 12% in November y-o-y; fully electric account for 19.7% of total sales

Volvo Cars reported global sales of 59,154 cars in November, up 12.0% compared with the same month last year. Overall underlying demand for the company’s cars continues to remain robust, especially for its Recharge range of pure electric and plug-in hybrid cars. Sales of Recharge units were up 44.2% year-on-year.... Read more →

Ford has produced its 150,000th Mustang Mach-E electric vehicle since starting production nearly two years ago, a significant milestone as the company scales EV production to a rate of 600,000 annually by late 2023 and more than 2 million annually by 2026. Almost all of Mustang Mach-E’s growth to date... Read more →

Volkswagen ID. models crack half-million mark; delivery target met one year earlier than planned

One year earlier than planned, Volkswagen has delivered 500,000 vehicles from the ID. family worldwide, despite the persistently strained supply situation. The first ID.3 models were handed over to customers in October 2020. Delivery of half a million ID.s confirms that the Volkswagen models are being well-received by our customers—... Read more →

Thomas Built Buses (TBB), a leading manufacturer of school buses in North America and subsidiary of Daimler Truck North America (DTNA), announced the delivery of TBB’s 200th Proterra Powered Saf-T-Liner C2 Jouley battery-electric school bus to Monroe County Public Schools in Indiana. Monroe became the first county in the state... Read more →

Volkswagen Group’s all-electric deliveries up 25% after nine months; BEV share climbs to 6%

Volkswagen Group deliveries of all-electric vehicles were up 25% in the first nine months year-on-year. Despite ongoing supply constraints, 366,400 BEVs were handed over to customers until the end of September, up from 293,000 in the prior-year period. The BEV share of total deliveries climbed to 6.0% in that timeframe,... Read more →

Toyota Motor Europe’s market share climbs to record 7.5% in first 9 months; Toyota brand 66% electrified sales, Lexus 79%

Toyota Motor Europe (TME) reported sales of 813,547 Toyota and Lexus vehicles, a decrease of -6% year-on-year but still outperforming the European automotive market which fell by -16% over the same period. TME’s market share increased to a record 7.5%, marking an increase of +0.8% points year-on-year and maintaining a... Read more →

BMW Group doubles sales of fully-electric vehicles in first 9 months of 2022; 7.3% share

The BMW Group sold a total of 128,196 fully-electric BMW and MINI vehicles in the first nine months of 2022—more than double its BEV sales in the same period of last year (+114.8%). In the third quarter, 52,306 all-electric BMW and MINI vehicles were delivered to customers (+121.6%). After the... Read more →

The Volkswagen Group increased its deliveries of all-electric vehicles by 27% year-on-year in 1H 2022. Despite supply bottlenecks, a temporary stop of production in Europe and Covid-related lockdowns in China, 217,100 BEVs have been handed over to customers in the first half year, up from 170,900 in the prior-year period.... Read more →

Volvo Cars global sales drop 28.3% in May y-o-y; full electric share climbs to 7.9% up from 3.7%

Volvo Cars reported retail sales of 45,952 cars in May, down 28.3% compared with the same month last year. In May the share of fully electric cars grew to 7.9% (3,652 units), up from 3.7% (2,399 units out of 64,111). Sales of Recharge models (plug-in hybrid and fully electric) represented... Read more →

Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%

Volvo Cars reported sales of 58,677 cars worldwide in March, a decline by 22.1% compared with the same month last year. During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry... Read more →

Solaris will deliver 30 articulated Urbino 18 buses to Dortmund at the end of 2022. This investment by public transport operator Dortmunder Stadtwerke AG in electric Urbino buses is a component of the city’s long-term strategy to reduce environmental pollution and noise in the urban area. The buses will be... Read more →

Austrian bus company Österreichische Postbus AG (ÖBB Postbus) has signed another framework agreement with Solaris for the delivery of up to 106 battery-electric and hydrogen buses that would be deployed throughout Austria. The models offered include Urbino 9 LE electric and Urbino 12 hydrogen buses. ÖBB Postbus is the largest... Read more →

Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% compared with the same month last year. Sales of Volvo Cars’ Recharge models made up for 33.0% of all Volvo cars sold globally during the month. Sales of fully electric cars increased by 229.5% compared with the... Read more →

Sales of new light-duty plug-in electric vehicles, including all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), nearly doubled from 308,000 in 2020 to 608,000 in 2021, according to data gathered by the US Department of Energy (DOE). Data: DOE EV sales accounted for 73% of all plug-in electric vehicle... Read more →

California surpassed 1 million electric vehicles (1,054,095 units)—battery-electric, plug-in hybrid, and fuel-cell electric—sold cumulatively through the 4th quarter of 2021, according to the California Energy Commission (CEC), making it the first US state to achieve this milestone. California also set a new yearly record with 250,279 electric vehicles sold, representing... Read more →

New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. The international trucking industry is undergoing a transformation... Read more →

The Norwegian Postal Service has ordered 29 electric trucks from Volvo, making the order one of the largest ever for Volvo Trucks in Europe. All the trucks have the same driveline but will come in different configurations of the Volvo FL and FE models, with two and three axles respectively.... Read more →

Hybrid, plug-in hybrid, and electric vehicle sales in the Unites States have increased in recent months as sales of non-hybrid internal combustion engine (ICE) vehicles fueled by gasoline or diesel decreased. In the fourth quarter of 2021, hybrid, plug-in hybrid, and electric vehicles collectively accounted for 11% of light-duty vehicle... Read more →

Volvo Cars global sales drop 20.2% in January; electrified cars accounted for 31.7% of total

Volvo Cars reported sales of 47,561 cars in January, a decline by 20.2% compared with the same month last year. While production has continued to gradually improve, retail deliveries were held back due to an increase of cars in transit. The supply situation continues to ease, but component shortages will... Read more →

Ford posted record electrified vehicle sales in January

Ford electrified vehicle sales in January grew almost 4 times faster than the overall electrified segment. With a total of 13,169 vehicles sold, Ford electrified vehicles were up 167.2, with share up 5.0 points to 10.9% of segment. The Mustang family of vehicles, Mustang and the all-electric Mach-E, produced sales... Read more →

MINI increased worldwide vehicle sales by 3.3% to 302,144 units 2021. Sales of MINI models with electrified drive systems climbed by 64.3% to 53,243 vehicles—around 18% of total worldwide sales in 2021. MINI Electric & MINI Cooper SE Countryman The winner of the year was the fully electric MINI Cooper... Read more →

BMW Group more than doubles sales of BEVs in 2021 to 103,855 units, up 133%

The BMW Group posted year-on-year sales growth of 8.4% last year, with a total of 2,521,525 BMW, MINI and Rolls-Royce vehicles delivered to customers worldwide. BMW sales reached a new all-time high of 2,213,795 units (+9.1%) last year, with the brand leading the global premium segment. The company more than... Read more →

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%. Polestar has produced two electric performance cars. The Polestar 1 was built between 2019 and 2021 as a low-volume electric... Read more →

Although overall light-duty vehicle sales were down in 2020 due to the pandemic, plug-in vehicle sales bucked that trend and saw growth in many markets. This was especially evident in Europe where the share of plug-in vehicle sales more than tripled, reaching 10.5% of all new light-duty vehicle sales, according... Read more →

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% in the first 15 days of November compared to the month of October, according to Cox Automotive. This brought the Manheim Used Vehicle Value Index to 234.8, a 44.9% increase from November 2020. As was the... Read more →

BYD sold 88,898 passenger vehicles in October, increasing 90.9% year on year (YoY) and 12.5% month on month (MoM), according to the official data. In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% YoY. By the end of October, the cumulative annual sales of BYD passenger... Read more →

Volvo Cars has sold 581,464 cars worldwide in the first 10 months of 2021, up 12.6% compared with the same period last year. In October, Volvo Cars global sales reached 50,815 cars, down 22.2% compared with the same period last year. The decline was related to a shortage of components... Read more →