Connect with us

Published

on

Volvo had a record year in 2023, with EV sales pushing global volume to new highs. The Swedish automaker’s early commitment to EVs is paying off, with over 113,000 fully electric Volvo cars sold last year.

Volvo hits new sales record in 2023 as EV demand climbs

As one of the first legacy automakers to commit to an EV-only future by 2030, Volvo is already reaping the benefits.

With 113,419 EVs sold in 2023, Volvo hit a new global sales record. Overall, EV sales were up 70% compared to 2022 as demand continues building.

Volvo’s EVs accounted for 16% of its total vehicle sales in 2023. That’s up from 10.9% in 2022 and 3.7% in 2021. The company sold 66,749 EVs in 2022 and 25,727 in 2021.

2020 2021 2022 2023
Volvo EV sales
(% change YOY)
4,659 25,727
(+452.2%)
66,749
(+159.5%)
113,419
(70%)
Volvo EV sales by year

Despite the growth last year, Volvo saw a slowdown in December. Volvo’s EV sales slipped 16% last month compared to December 2022. Growth slowed across all major markets. US electric vehicle sales slipped 39%, Europe 16%, and China EV sales were down 69%.

Volvo expects things to turn around quickly, with new models hitting the market. The EX30, starting at $35,000, will begin rolling out in the US in mid-2024. Volvo’s flagship EX90, its first three-row electric SUV, will go on sale early this year. The Volvo EX90 will start at $76,695 and will rival Rivian’s R1S, Kia EV9, and Mercedes EQS.

Volvo-sales-record
Volvo EX30 (Source: Volvo)

Volvo is also launching its first electric minivan, the EM90, in China, with up to 450 mi CLTC range.

With new models in key segments, like the EX30 (see our review), Volvo expects to see “reasonably decent volumes” next year, according to CEO Jim Rowan.

Volvo-sales-record
Volvo EX90 (Source: Volvo)

Rowan said with a full year of EX30 sales, the brand should continue growing in 2024. When asked about the “reported slowdown” many media outlets claim, Rowan said, “We are not seeing any order cancellations or any slowdown in order intake.”

Volvo just received a €420 million ($460M) loan from the European Investment Bank this week to develop a new EV platform. The funds will support “even safer and more sustainable” EV tech, including faster charging and enhanced efficiency.

Volvo-EM90-electric-minivan
Volvo’s first electric minivan, the EM90 (source: Volvo)

By 2025, Volvo aims for 50%, or around 600K, sales to be fully electric as it moves toward an all-EV lineup by 2030.

Electrek’s Take

Volvo’s early transition to EVs is paying off. The automaker sold over 113K fully electric models last year, up from 66.7K in 2022 and 25.7K in 2021.

Despite a slowdown last month, Volvo’s EV sales will likely accelerate as new models like the EX30, EX90, and EM90 launch in its biggest markets. Volvo will be a brand to keep an eye on over the next year, with unique EVs launching in popular segments globally,

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Tesla’s head of Cybertruck program is leaving the company

Published

on

By

Tesla's head of Cybertruck program is leaving the company

Tesla’s head of the Cybertruck program, Siddhant Awasthi, announced that he is leaving after more than 8 years at the company.

Awasthi is a good example of Tesla’s transition into fostering inside leadership rather than outside hiring.

For better or worse, over the last 5 years, Tesla has virtually had no significant outside hires into high-level leadership roles. It almost exclusively promotes from within.

Awasthi worked on a hyperloop school program, interned at Tesla, and joined the company straight out of school in 2018. Within 2 years, he became an engineering manager. Within 3 years, he was a senior technical program manager in charge of the Cybertruck’s 48-volt architecture.

Advertisement – scroll for more content

To say that this is unusual at a major company would be an understatement.

By late 2022, ahead of Tesla’s planned start of Cybertruck production, he was made head of the electric truck program.

He was in charge of the production ramp and future improvements to the electric pickup truck, which has since become a commercial flop. Tesla is having trouble selling 25,000 Cybertrucks per year, despite planning for an annual production capacity of 250,000 trucks.

Today, the young engineer announced on X:

I recently made one of the hardest decisions of my life to leave Tesla after an incredible run.

He tried to “sum up” his career at Tesla in a paragraph:

It’s tough to sum up eight years in just a few lines, but what a thrilling journey it’s been: ramping up Model 3, working on Giga Shanghai, developing new electronics and wireless architectures, and delivering the once-in-a-lifetime Cybertruck—all before hitting 30. The icing on the cake was getting to dive back into Model 3 work toward the end.

In addition to his duties as Cybertruck program manager, Awasthi was also made in charge of the Model 3 program last summer.

Tesla has recently completely revamped its vehicle program organization following a wave of layoffs last year and many subsequent departures amid a talent exodus at the company.

Electrek’s Take

While I’m using Awasthi as an example of Tesla prioritizing internal promotions rather than attracting outside talent, I’m not blaming the failures of the Cybertruck program on him. The blame should always be placed at the very top.

The program failed because someone at Tesla —likely Elon —was way too optimistic about what it could accomplish, and ultimately, what Tesla unveiled in 2019 had very little to do with what it brought to production in 2023.

It had less range, fewer cool features, and all for a way higher price.

But it’s also far from an endorsement of Tesla’s organizational approach, far from it.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Mercedes-Benz tops 28,500 car hybrid battery test — THIS brand came in last

Published

on

By

Mercedes-Benz tops 28,500 car hybrid battery test — THIS brand came in last

When it comes to battery longevity, it appears that brand matters. A recent study published by Germany’s ADAC revealed tangible, real-world differences in how the high-voltage batteries in PHEVs age across manufacturers. The results: Mercedes’ batteries came out on top, Mitsubishi trailed behind.

A recent study by the German motoring group ADAC (think of it as Germany’s equivalent of America’s AAA) and data analysts at Austrian battery firm AVILOO analyzed more than 28,500 state-of-health (SoH) measurements from plug-in hybrid electric vehicles (PHEVs) across six years and several vehicle brands. While the study found that battery degradation for most brands remains within a range consistent with an average vehicle lifespan, it turns out that one of the strongest predictors of battery longevity was the brand of vehicle tested.

In other words: not all hybrid batteries are created equal, and it seems like you really do seem to get what you pay for with batteries from traditionally pricer brands like Mercedes-Benz, BMW, and Volvo out-performing those from mainstream car brands like VW, Ford, and Mitsubishi. Here’s how ADAC broke it down:

In terms of brand comparison, Mercedes-Benz models generally show very stable battery performance up to a mileage of 200,000 kilometers. This contrasts with Mitsubishi, whose PHEVs already exhibit significant degradation even at low mileages, although this stabilizes somewhat over the course of their lifespan.

Battery degradation in vehicles from the Volkswagen Group and Volvo remains within an unremarkable range even with higher proportions of electric driving. BMW models show a noticeable variation across the entire field, depending on electric usage. In Ford models, battery capacity decreases remarkably early, regardless of the specific user group. However, predictions regarding battery condition at higher mileages are not possible due to the limited number of tests.

ADAC | GOOGLE TRANSLATE

So, what are the big takeaways here, besides the notion that more expensive products tend to be built better than cheaper ones? It seems like most PHEVs are maintaining more than 80% of their batteries’ SoH after 200,000 km (~120,000 miles), with some of the higher-performing batteries doing significantly better.

Advertisement – scroll for more content

Still totally fine


Mitsubishi Outlander PHEV
2024 Mitsubishi Outlander PHEV; via Mitsubishi.

Again, the ADAC results shouldn’t be interpreted to mean that the Mitsubishi PHEV models aren’t perfectly serviceable, reliable offerings – just that some cars that cost a lot more than the Mitsubishi tend to have batteries that last a little longer under typical driving conditions.

ADAC also adds that, if frequent electric-only trips are on your agenda (as they are on mine), a fully battery-electric vehicle may be the smarter pick, as their batteries go through fewer charging cycles and tend to last longer than PHEV batteries as a consequence.

At the end of the day, it’s a straightforward choice: align your powertrain with your intended daily use, and your battery will have an easier, longer, and healthier life.

SOURCES: ADAC, AVILOO; via Motorpasión.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

First look at Honda’s new full-size electric motorcycle

Published

on

By

First look at Honda's new full-size electric motorcycle

At EICMA 2025, Honda finally pulled back the curtain on its first full-size electric motorcycle with the first-ever public unveiling of the Honda WN7. As someone who’s followed the electric motorcycle space for over a decade, I’ve been waiting a long time to see Big Red bring some serious voltage – and it looks like that moment has arrived.

The WN7 isn’t just a compliance bike or a modest scooter like we’ve seen for years from Honda – it’s a legitimate full-size motorcycle, albeit still a commuter motorcycle and not something you’d likely want to take on a cross-country trip.

Designed as a naked street bike in Honda’s “FUN” category, the WN7 features a peak output of 50 kW (67 hp), putting it in a similar performance class to a 600cc internal combustion motorcycle. With 100 Nm of torque, it even rivals liter-class bikes in terms of torque off the line, promising quick acceleration and agile city or highway handling.

Honda’s development team leaned into the EV strengths with a design philosophy they call “Be the wind.” The goal is apparently a ride experience that’s quiet and immersive, letting you hear the world around you while still delivering that satisfying EV torque hit.

Advertisement – scroll for more content

Visually, the WN7 sports a sharp silhouette and a horizontal LED light bar up front – a design element Honda says will become the face of its entire electric lineup. It also features a new colorway exclusive to Honda’s EVs: a black body accented with golden mechanical components.

One of the most interesting engineering decisions is the frameless chassis. Instead of a traditional motorcycle frame, Honda uses the rigid aluminum battery case itself as a central structural element, connecting both the front steering head and the rear swingarm pivot directly to it. This design not only cuts weight but also improves handling by centralizing the mass. It’s a move we’re seeing more frequently, having been employed by other electric motorcycle makers such as LiveWire as part of their S2 Arrow platform.

Honda’s powertrain includes a new liquid-cooled motor with a built-in inverter, delivering its power to a belt-drive rear wheel through a newly designed gearbox. It’s quiet, clean, and torquey – just what you want in a commuter or light touring bike.

The moderately sized, fixed 9.3 kWh battery supports both CCS2 fast charging (20% to 80% in 30 minutes) and Type 2 charging, with a claimed range of 140 km (87 miles) per charge under WMTC standards. Riders also benefit from regenerative braking with customizable deceleration levels, as well as a slow-speed walk mode for precise parking assistance.

No word yet on pricing or exact market release dates, but Honda says the WN7 will be produced in Japan and rolled out in regions “where electrification is advancing.” Perhaps that could be a clue about its entry, or lack thereof, in North America.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending