Continued growth of electric and hybrid vehicles remained steady in March for Volvo Americas, Canada, and Latin America.
Volvo Car USA announced new extended range Recharge plug-in hybrid models with up to 41 miles of electric range in pure mode.
With a strong market push in EVs and BEVs, the Volkswagen Group achieved an estimated 25% market share of the BEV segment in Europe with over 5% sales growth over the previous year in the electric segment.
Second quarter numbers show emerging competition for buyer choices as more models enter the market.
Less than third of auto maintenance businesses that service battery and hybrid electric vehicles have invested in specialized tools/equipment and additional technician training.
The share of plug-in hybrid electric vehicles (PHEVs) has increased for fleets in five of the top European markets over the last few years, and share reached a new record increase in January 2021.
Introduced at the virtual 2021 Work Truck Show, the new system features a new configuration in which the battery pack is mounted completely underneath the chassis.
The three cars include two battery electric vehicles (BEVs) and a plug-in hybrid electric vehicle (PHEV).
The 2021 hybrid features Subaru StarDrive Technology, which integrates electric motors, a 2.0-liter direct-injection Subaru Boxer engine, Subaru Symmetrical All-Wheel Drive, and Lineartronic CVT.
The infusion of $350 million will accelerate development of fully electric options and a move into Classes 7 and 8.
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