Volvo will produce the EX30 in Belgium from 2025
- Details
Volvo will produce the EX30 in Belgium from 2025
- Volvo has announced that its new battery electric B-segment SUV, the EX30, will be produced from 2025 in Belgium (Gent) alongside the C40 and XC40, for models intended for the European market, in addition to China (Ningbo).
- Initially, the Geely group, which owns Volvo, wanted to produce the EX30 only in China, even for the versions sold in Europe, but several factors led the Chinese carmaker to choose another option.
- The possible tightening of CO2 standards taking into account the life cycle analysis of the vehicle (LCA), meaning including where the vehicle is produced, which could become a EU regulation has undoubtedly played a role in this direction. The fact that the Gent factory is today in overcapacity (200,000 units produced in 2022 for 300,000 capacity) must also have modified the initial decision of the Chinese carmaker.
- In 2023, the Gent factory will undoubtedly produce 35,000 C40s and 180,000 XC40s, or 215,000 cars in total. Electric cars will represent almost a third of the factory's production this year. With the arrival of the EX30 in 2025, this proportion should increase to almost half of the factory's production in 2026. Remember that Volvo wants to become battery electric only in 2030.
- In total, an average of 100,000 EX30s should have been produced each year in China. Today, we are counting on 70,000 units produced in China and 30,000 in Europe. The sales volume of the EX30 will depend on the selling price of the car.
- Today, coming from China, the Volvo EX30 is priced at 37,500 euros in the base version while a Renault Megane BEV is priced at 43,000 euros in its base version.
Inovev forecasts 60,000 units per year of the new Skoda Superb
- Details
Inovev forecasts 60,000 units per year of the new Skoda Superb
- Skoda presented the new generation of its D-segment sedan, the Superb, which should be produced only in Europe (Kvasiny in the Czech Republic) and no longer in Europe and China like the previous generation, as Skoda (like other brands) is disappearing from the Chinese market.
- The new Skoda Superb abandons the MQB platform in favor of the MQB Evo platform. It extends by 4 cm to reach 4.90 m, which is at the limit of the E-segment.
- The new Skoda Superb competes with large D-segment sedans, such as the Citroën C5X or the Toyota Camry. But this category is in sharp decline among mainstream carmakers, as the Ford Mondeo, Opel Insignia, Renault Talisman and Mazda 6 have disappeared, and the Volkswagen Passat is no longer available as a sedan. As for the Peugeot 508, it is really a marginal player.
- Korean carmakers abandoned this category a long time ago. Only Tesla with the Model 3 and German Premium carmakers are still present in this category, with the Audi A4, BMW 3 Series and Mercedes C Class, but their sales have fallen significantly.
- The new Skoda Superb is equipped with the following engines: the 1.5 TSI in MHEV (150 hp) or PHEV (204 hp) version, the 2.0 TSI (204 hp or 265 hp) and the 2.0 TDI diesel (150 hp or 193 hp). No battery electric version for this model.
- Inovev forecasts 60,000 Superb sales per year until 2030, when the future generation launched that year should be available only in a battery electric version.
The Tesla Model Y and Model 3 remain leaders in the US BEV market in 2023
- Details
The Tesla Model Y and Model 3 remain leaders in the US BEV market in 2023
- We saw previously that the Tesla Model Y was the best-selling battery electric car in China and Europe and that it was number one in several European countries, all energies combined. In the US BEV market, the same situation is seen. And in this market, another Tesla, the Model 3 is second behind the Model Y. The two other high-end Tesla models (Model S and Model Model X taking seventh place and Model S taking tenth place. There are 20 Model Y for a Model S and 10 Model 3 for a Model S.
- Tesla actually sold 263,971 Model Y over the first 8 months of 2023 ahead of the Tesla Model 3 (148,068 units). As for the Tesla Model X, it was sold at 16,162 units and the Tesla Model S at 13,200 units.
- The other six places in the BEV Top 10 ranking are occupied by the American carmakers GM (Chevrolet Bolt), Ford (Mustang Mach E) and Rivian (R1S SUV), by the German VW (ID4) and BMW (i4) and the Korean Hyundai (Ioniq 5). The Chevrolet Bolt takes third place, far behind the Tesla Model Y and Model 3, with 45,170 units. The Chevrolet and Cadillac SUVs, as well as the Silverado pickup, achieve minimal sales with electric engines. The VW ID4 (23,576 units) comes in fourth place, which is a performance, but this model sells 10 times less than the Tesla Model Y. The Ford Mustang Mach E (22,785 units) does not achieve its objectives and even losing sales compared to last year. The Ford F Series Lightning is not even in the Top 10 BEVs for the first 8 months of 2023.
A Rivian model takes 9th place in the BEV market in the USA in 2023
- Details
A Rivian model takes 9th place in the BEV market in the USA in 2023
- Since 2022, the new American brand Rivian has been trying to establish itself in the American battery electric vehicles (BEV) market.
- Rivian aims to become a major carmaker of battery electric cars, like Tesla. Rivian headquarter is in Michigan State (USA), in the town of Plymouth (which formerly gave its name to a Chrysler group brand). The company was created in 2009 and in 2017 acquired the Normal plant (Illinois) which belonged to the Japanese Mitsubishi Motors at the time when it worked closely with the Chrysler group. Rivian has R&D centers in California and England.
- In 2018, Rivian presented two battery electric concept cars, the R1T pickup and the R1S SUV. These models were marketed with a certain delay from 2022, first in North America, then the following year on other continents, including Europe. Each model has three different powers (408 hp, 710 hp, 764 hp), with a maximum range of 400 km, 500 km or 600 km depending on the power. Each model offers a distinctive sharp design, very different from that of Tesla.
- The company had set a sales target of 200,000 units per year worldwide before 2025. This target seems difficult to achieve given the growth recorded in 2023. Rivian will produce 50,000 battery electric vehicles this year compared to 20 000 units in 2022. But for the first time, the brand succeeded in 2023 in placing its R1S SUV in the Top 10 best-selling BEVs on the American market, which means that Rivian is finally considered by American customers as a brand like the others and that its notoriety is being built step by step.
Tesla largely dominates the Norwegian BEV market over 9 months 2023
- Details
Tesla largely dominates the Norwegian BEV market over 9 months 2023
- Norway purchased 79,672 battery electric vehicles (BEV) over the first 9 months of 2023, compared to 79,931 units over the first 9 months of 2022, a stable volume over the period, but remains at a very high market share (BEV = 83% of the Norwegian market over the first 9 months of 2023).
- The best-selling model in this category is the Tesla Model Y, which doubles its sales thanks to its supply which now comes almost exclusively from its German site, near Berlin. This model sold 19,578 units over the first 9 months of 2023, well ahead of the VW ID4 (5,832 units), Skoda Enyaq (4,781 units), Volvo XC40 (3,815 units) and Toyota BZ4X (3,486 units). These five models alone represent 47% of all BEV sales in Norway over the first 9 months of 2023. The Norwegian BEV market is more concentrated than in Germany, France or Germany. United Kingdom.
- We notice the absence of French models among the 20 best-selling BEVs on the Norwegian market, as in Germany and the United Kingdom. It seems that these French models are only really successful in France, which poses a problem for the objectives of the French government which wants to produce 2 million BEVs in 2030. Where will they be sold?
- By brand, the Norwegian BEV market is largely dominated by Tesla (27% of the BEV market). Behind is Volkswagen, which has a market share half of Tesla one (14%). Volvo, Skoda, BMW, Hyundai, Nissan, Audi, Toyota and Mercedes follow. MG already occupies 3% of the Norwegian BEV market.
Inovev platforms >