Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production

Volvo also notes plug-in electric car production constraints Volvo CEO Hakan Samuelsson admitted that the company hugely underestimated demand for its plug-in hybrid cars and now is hard at work to increase the production capacity. Currently, Volvo does not have enough batteries, motors and other components to produce all the plug-in vehicles that it could […]

Ford to invest $900 million in electric vehicle production

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Ford has announced that it will be making a $900 million investment by 2023 to produce next-generation electric cars and its first autonomous vehicles in Michigan. The US American carmaker states that the $850 million will be invested in expanding production capacity at the Flat Rock plant in Michigan and introducing a second shift to […]

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BMW sells over 140,000 plug-in cars throughout 2018

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Having delivered 142,617 electrified vehicles last year, the BMW Group that includes Mini has reached their 2018 target of selling 140,000 electric cars and PHEVs. And, their eyes are set on further growth. This latest sales data on electric cars and plug-in hybrids translates to 38.4 percent growth compared to sales in 2017 when BMW […]

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GAC completes EV industrial park

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The Chinese vehicle manufacturer GAC has completed the construction of their industrial park for electric cars and plug-in hybrids in the city of Guangzhou. Production is scheduled to start in May. In addition, GAC Motor and Aisin AW intend to establish a joint venture for drive modules.   The capacity for the park will initially […]

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General Motors hits 200,000 EV milestone

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General Motors has passed the 200,000 electric and hybrid vehicles sold mile stone in the last quarter of 2018. This means that the subsidies for GM BEVs and PHEVs will be lowered starting in the second quarter of 2019. Starting in April, the subsidies for GM EVs will be reduced to 3,750 dollars (around 3,297 […]

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10 Cheapest Plug-In Hybrid Cars For 2019: Video

Toyota Prius Prime, Chevrolet Volt, Honda Clarity Plug-in or maybe some other PHEV? Automotive Territory released an interesting overview of the 10 cheapest plug-in hybrids on the market in the U.S., including pricing, range and a basic description. The PHEVs usually comes with a higher price tag than conventional versions and here are the most affordable […]

Germany: ZF invests 3 billion in electric and hybrid capacity

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German transmissions supplier ZF launches an investment program of more than three billion euros to produce more sustainable products – above all hybrid transmissions. 800 million alone will flow into ZF’s transmission technology plant in Saarbrücken. The company’s investment plan will roll out over the next four years. ZF is putting particular focus on their […]

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VW brand investing 9 billion in electrification

Following the investments by the VW company, Porsche and Audi, the Volkswagen brand itself has now presented an investment plan for their electrification initiative, in which the Wolfsburgers have reserved approximately 9 billion euros for the electrification of their vehicles. About 11 billion euros in total have been earmarked for the future tech fields of […]

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Opel announces details to 2020 electrification strategy

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Opel has been releasing details regarding their planned electrification strategy over the next two years. Among other things, the manufacturer will open the order books for two electrified models in the first half of 2019: the new electric Corsa and the Grandland X plug-in hybrid.   Opel’s bestseller, the Corsa, is being offered as a […]

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