EV Maker Lucid Beats Quarterly Deliveries Estimates Helped by Price Cuts
Lucid Group (LCID.O), opens new tab reported second-quarter deliveries above market expectations on Monday, as price cuts helped boost demand for its luxury electric sedans. Demand for electric vehicles has grown at a slower-than-expected pace in the past year, pressured…
PEUGEOT TOPS UK ELECTRIC VAN SALES
PEUGEOT’S share of the electric light commercial vehicle (e-LCV) market increased to 16.7% year-to-date, an increase of 2.7% compared with the same period in 2023. PEUGEOT’s e-LCV sales volume has also increased by 12%, with 1,480 e-LCVs sold year-to-date. In…
Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024
Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…
Renault Trucks Begins Electric Truck Sales Outside Europe
The Chilean transport company Trailer Logistics has purchased the electric trucks, which now drive on behalf of CCU, a brewery company that belongs to Heineken and the Quiñenco Group. The new Trucks E-Tech D Wide electric trucks from Renault are…
Bollinger Motors Announces Sale of 80 Bollinger B4 Chassis Cabs to Momentum Groups
Bollinger Motors, Inc., an electric commercial vehicle (“EV”) manufacturer, this week announced it has reached an agreement to sell 80 all-electric Class 4 commercial trucks to Momentum, a leader in fleet management and EV charging solutions. Momentum Groups can upfit…
Lynkwell Taps EV Charging Veteran to Lead Channel Strategy as it Doubles Down on Record
Lynkwell,a leading provider of electric vehicle (EV) charging hardware, software and service solutions, announces the appointment of Laurence Eckstein as channel sales director. The announcement comes after the company achieved greater than tenfold year-over-year sales growth in 2024’s first quarter,…
Hyundai U.S. EV Sales Up 42% In May 2024, Best Ioniq 5 Sales Month Ever
As electric vehicle sales from several automakers continue to defy the “slowdown” narrative, Hyundai Motor America reported even more good news in May. The Korean automaker announced 78,485 vehicle sales last month, 12% more than a year ago. So far…
Bollinger Sells 50 EV Trucks for Mobile Charging Solution
Mullen Automotive, Inc. (NASDAQ: NASDAQ:MULN), an electric vehicle manufacturer, announced a partnership between its subsidiary Bollinger Motors and EnviroCharge to provide innovative mobile charging solutions for electric vehicle fleet owners. The deal, valued at approximately $8.25 million, involves the sale…
Envirotech Vehicles Announces First Quarter 2024 Financial Results
Sales were $810,490 for the three months ended March 31, 2024, compared to $523,199 for the three months ended March 31, 2023. The sales increase was primarily related to additional units sold in 2024 versus the same period in 2023….
France Ramps Up EV Ambition as Xi Arrives in Paris
The French government will sign a wide-ranging pact with the automotive industry on Monday that sets new targets for electric vehicle sales, just as Chinese leader Xi Jinping arrives for a state visit clouded by trade tensions in the sector….
