Global EV car sales surge 63% in 2018 to top 2 million vehicles
Global sales of passenger car electric vehicles (EVs) jumped by 63% last year to top 2 million units for the first time, helped by surging sales of plug-in EVs in the US, according to data provided by EV-Volumes. A total of 2.08 million plug-in EVs were delivered to customers in 2018
Toyota and Panasonic Agree to Establish Joint Venture Related to Automotive Prismatic Batteries
Toyota and Panasonic have confirmed that they are starting a wide-ranging new battery joint venture to manufacture and sell battery cells for electric vehicles. Toyota Executive Vice President Shigeki Terashi said: “Together with Panasonic, we want to hone our competitiveness in batteries,
Toyota, Panasonic setting up EV battery JV amid rising China competition: source
Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.
July 7, 2017
GOTHENBURG: Geely-owned Volvo Car Group said on Wednesday all new models launched from 2019 will be fully electric or hybrids.
The Gothenburg-based company will continue to produce pure combustion-engine Volvos from models launched before that date, but said it would introduce cars across its model line-up that ranged from fully electric cars to plug-in hybrids.
Volvo’s plans make it the first major traditional automaker to set a date for the complete phase-out of combustion-engine-only models though electrification has long been a buzzword across the industry and Elon Musk’s Tesla Motors has been a pure-play battery car maker from day one.