All-electric vehicles make up 15% of Volvo Cars October sales
Volvo Cars reports having sold 54,317 cars in October, up 6.9% compared with the same month last year. The company’s line of Recharge models represented 36.8% of the sales last month, with fully electric vehicles accounting for 15% of total sales. Volvo Cars’ U.S. sales for the month reached 9,478, up 8.9% compared with October
Volvo Cars’ Recharge represents 21.9% of August sales
Volvo Cars reported sales of 43,666 cars in August, down 4.6% compared with August 2021. The company’s line of Recharge models represented 21.9% of sales, with fully electric vehicles accounting for 5.7% of sales. Volvo Cars’ U.S. sales for August reached 8,136 cars, with Recharge models making up 16.9% of the total sales. European sales
Beam Global, Volvo CE partner on off-grid EV charging systems
Beam Global is partnering with Volvo Construction Equipment to allow Volvo CE’s 245 North American dealer locations to bundle Beam EV ARC off-grid charging systems with a purchase of Volvo electric equipment. The companies say this joint offering enables construction sites to rapidly deploy EV charging without the requirement for electrical work, utility grid connections
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Volvo Cars bringing Epic Games’ Unreal Engine into upcoming EV cabins
Volvo Cars says it is bringing photorealistic visualization technology into its next generation of electric cars through a new collaboration with Epic Games. The companies are teaming up to bring Epic’s Unreal Engine game engine into upcoming Volvo cars, providing high-quality graphics inside the cabin, the company says. Volvo Cars will initially focus on the
Volvo Cars raises $536M for electrification through new green bond
Volvo Cars placed its second green bond to raise $536M from a diverse set of global investors. The bond was oversubscribed three times, the company says. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate neutral and circular by 2040, Volvo adds.
Volvo Cars consolidates charging, paying into Volvo app
Volvo Cars will integrate and consolidate a variety of charging functions and payments into its Volvo Cars app, with the ambition of making it an easy-to-use, one-stop-shop for electric Volvo drivers, the company says. With the Volvo Cars app, pure electric Volvo drivers can find thousands of public charging stations from a range of charging
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,
Volvo Cars invests in battery technology company StoreDot
Volvo Cars has made an investment in StoreDot, an Israeli company developing extreme-fast charging battery technology for electric cars, through the Volvo Cars Tech Fund, its venture capital arm. StoreDot is working on a technology that, according to the company, should result in batteries that can charge to 160km of pure electric range in just
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
Volvo, Momentum Dynamics partner on wireless charging
Momentum Dynamics has been selected by Volvo Cars as its exclusive wireless charging partner as part of a “live city environment” three-year pilot program of EV wireless charging. While Momentum says its technology has been in full commercial use for more than four years on various types of electric vehicles, this program, which is part