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Search Result for “cars sold”

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BUSINESS

3 ways to advance the EV industry in 1 year

Asia focus, Published on 11/07/2022

» The verdict is in: the future is electric. Global electric vehicle (EV) sales are projected to soar to 31.2 million units by 2030, compared with 2.5 million in 2020, according to the consultancy Deloitte. It sees EVs making up 32% of all motor vehicle sales by 2030, and other industry analysts estimate that by 2040, electric cars will outsell internal-combustion engine (ICE) models.

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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.