Financial Reports Archives - The Buzz - Electric Vehicle News
Fisker Group files for Chapter 11 bankruptcy

The company said it intends to ensure reduced operations can continue, including paying employee wages and compensating vendors.

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Kia’s electrified model sales grew 9% compared to March 2023

The company also delivered its second-highest first-quarter sales total in company history, capped by March sales of 69,472 units.

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Lucid reaches 2023 production goal, sets 2024 guidance

Lucid reported an annual revenue of $595.3 million, ending the quarter with approximately $4.78 billion of total liquidity.

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Lucid Group reports positive financial outlook in Q3

Lucid’s Q3 report includes info on a new SUV, COO appointment, closing an Aston Martin deal and adjusting 2023 production from 8,000 to 8,500.

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Lucid sells 900 fewer vehicles than it produced in Q1’23

Lucid assures it has enough to fund the company through at least Q2’24.

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BorgWarner announces its EV sales are scaling fast

BorgWarner is building upon its 400V inverter business by now supplying 800V silicon carbide-based inverters.

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Hyundai electrified vehicle sales grow 72% YOY

Hyundai says its electrified vehicle sales in Q4 grew 40% compared with Q4 2021.

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Toyota’s electrified vehicles nearly 24% of 2022 sales volume

Toyota offers its customers 20 different electrified vehicle options.

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Volvo Cars’ electrified models account for 38.4% of April sales

Volvo Cars reported sales of 47,150 cars in April, down 24.8% compared with the same month last year. In April, Volvo Cars’ electrified Recharge models grew 18.7% compared with the same month in 2021, accounting for 38.4% of total sales, the company says. The share of fully electric cars stood at 10%. For the January-April period,

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All-electric EVs make up 9% of total Volvo Cars sales in March

In March, sales of Volvo Cars’ Recharge models made up 35.5% of all Volvo cars sold globally during the month. Sales of fully electric cars made up 9% of total sales. In the first quarter, Recharge sales made up 33.6% of total sales, while fully electric cars made up 7.9%. U.S. sales reached 9,428 cars

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Kia America notches new monthly EV sales record by over 55%

Kia America says it sold 3,156 all-electric EV6 models in March, giving Kia’s electrified models their best-ever monthly and quarterly performances. Total March vehicle sales were 59,524 units. Overall, Kia reports its electrified model lineup experienced a record month by 55% over the previous record. Sales of the Niro model lineup of electrified crossovers also

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Toyota EVs represent nearly 26% of its total 2022 Q1 sales

Toyota Motor North America (TMNA) reported that first-quarter sales of electrified vehicles totaled 132,938, representing 25.8% of the company’s total sales volume (that’s up from 22.9% during the same period last year). March sales of electrified vehicles represented 25.4% of total sales volume. The company says RAV4 Hybrid sales were up 34.9% in March on

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