Kia America reported 51,090 vehicle sales in the United States in January, down 1.7% year-over-year. Despite a lower overall volume, its all-electric car sales are surging. Kia revealed that its EV sales increased by 57% year-over-year. Get Fully Charged Kia expands its EV lineup In 2023, Kia…
Dealer EV pushback, Ford Supercharger adapters, Volvo and Polestar, EV sales surge: Today’s Car News
Volvo pulls away from Polestar. Dealers think the Biden administration is moving to fast on EVs—says a survey looking at a very small slice of the business. Ford gets ready to offer Supercharger adapters. And EV and PHEV sales are continuing to surge. This and more, here at Green Car Reports.
Ford will provide adapters…
Volvo will stop funding Polestar and is considering a move that could give parent Geely greater control of the EV brand, Reuters reported Thursday.
The news comes after Polestar announced that it missed already-reduced 2023 delivery targets. The brand's shares are also down 83% since it went public in June 2022 via a merger with…
The Polestar 4 coupe-like mid-size crossover SUV is officially going on sale in Europe and Australia, with deliveries set to begin in August for these two big markets. But what about the United States? Well, the U.S., along with Canada and Mexico, will have to wait until the middle of 2024 to get its…
Volvo Cars will discontinue funding all-electric performance brand Polestar, the Swedish carmaker said today in its 2023 financial statement. Describing this move as a “decisive transformation phase,” Volvo plans to reallocate funds from Polestar towards its own projects. The decision comes in the wake of a 43% increase in Volvo's profits in 2023, a record…
The rise of electric vehicles is, overall, a very good thing for the planet and its inhabitants. But any technological upheaval like this is bound to have some less-than-savory side effects. The enormous weight of some new EVs has road safety experts looking into whether America’s highway guardrails need a major overhaul to keep up…
It’s almost as if 2024’s setting up to be a come-to-Jesus moment for EVs, as manufacturers ask what level of growth is truly sustainable for an electrified future. Overspending on development for returns that aren’t happening as fast as expected is leaving manufacturers with a dilemma: Do we press forward, or slow-roll existing plans? GM,…
Following our Q4 and 2023 all-electric car sales report for non-Tesla brands in the U.S., it's time to take a look at the automotive group level. This will reveal which companies are selling the highest number of battery electric vehicles (BEVs) and which are achieving the highest share of BEVs out of their total…
Buying a new car shouldn't be difficult, but we live in a time where interest in new platforms is gauged by reservations and traditional car buying is still plagued by dealer markups. According to a new study from Cox Automotive, one solution to car-buying woes is to buy an EV. And it looks like GM…
Plug-in hybrids reached record sales in 2023, with more than 250,000 vehicles sold, or about 20% of total plug-in vehicle sales, according to the Department of Energy.
Last year saw strong sales for EVs as well, which surpassed one million units for the first time. The combined market share of hybrids, plug-in hybrids, and EVs…