Electric

Volvo says it will be ‘fully electric’ by 2030, move car sales online

Volvo Cars said Tuesday it planned to become a “fully electric car company” by the year 2030, with all sales of the firm’s pure electric models set to move online.

In order to meet its target, the company will look to remove cars with internal combustion engines — including hybrids — from its global offering by the end of the decade.

The Chinese-owned automotive giant launched its first all-electric car last year. In the mid-term, it wants half of global sales to be fully electric by 2025, with hybrids accounting for the other half.

“There is no long-term future for cars with an internal combustion engine,” Henrik Green, Volvo Cars’ chief technology officer, said in a statement.

“We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030,” Green added.

Speaking to CNBC’s “Squawk Box Europe” on Tuesday morning, CEO Håkan Samuelsson sought to

Read More

Loud, powerful, visceral: What happens to the V8 engine in an electric car world?

They’re loud, powerful and as American as apple pie.

And they could soon become extinct.

The fabled V8 engine that powers American muscle cars and European exotics has been slowly losing its standing with carmakers and motorists. Smaller, more fuel-efficient four- and six-cylinder engines have overtaken the V8 as CAFE (Corporate Average Fuel Economy) standards tighten.

The V8 got a crushing blow last month when General Motors, the industry behemoth behind the Corvette, Camaro and Silverado truck, announced that 40% of the company’s U.S. models will be battery electric vehicles (BEV) by the end of 2025. That’s not all: GM said it plans to eliminate tailpipe emissions from new light-duty vehicles by 2035.

Automotive insiders were already bracing for a possible all-electric ‘Vette. Then Ford, GM’s domestic rival and

Read More

Tesla Model 3 is still the best-selling electric car in the world and it’s not even close

Tesla Model 3 is still the best-selling electric car in the world, and no other vehicle program is even coming close.

Automakers other than Tesla are going to have to invest more in high-volume electric vehicles.

Tesla Model 3

The Model 3 was the true first high-volume electric car program, and it is still on another level than every other electric car out there.

Tesla invested heavily in the program, including building Gigafactory Nevada with Panasonic to have the battery cell production capacity to support the Model 3.

The automaker went into what it called “production hell” during the ramp-up in 2017-2019, but it came out the other side with an impressive production capacity at Fremont factory, and in 2020, it added Model 3 production capacity at Gigafactory Shanghai.

It enabled the Model 3 program to grow into the market leader in electric vehicles by a wide margin.

Best-selling electric

Read More

First Genesis EV will reportedly be called a GV60, electric GV70 to follow

Genesis is working on its first battery-electric vehicle, a compact crossover SUV code-named the JW.

Prototypes are out testing and a debut is scheduled for later in the year.

Asia Time reported on Tuesday that the JW will be badged a GV60 and start production in August.

2022 Genesis GV70

2022 Genesis GV70

The Korean news outlet also reported that electric versions of the larger GV70 and GV80 SUVs are planned, with the electric GV70 due to start production in December.

Also reportedly due this year is a redesigned G90 flagship sedan. The current G90 was just updated last year but can trace its roots to a model that was launched in Korea as far back as 2015, so a redesign isn’t that unexpected.

The latest news comes just days after the discovery of trademark filings that hint at electric versions of most of Genesis’ lineup.

2022 Genesis eG80 spy shots - Photo credit: S. Baldauf/SB-Medien

2022 Genesis eG80 spy shots – Photo

Read More