🤖Hyundai IONIQ 5 Robotaxi...

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• Mobility objective met when Hyundai IONIQ 5 Robotaxi passes simulated driver’s license test
• Volvo hits monthly sales record in March
• Nio expands battery swap services
• Ford updates its plans for electric vehicles and hybrids, while also preparing its manufacturing plants

These EV news stories and more below.  Just scroll!

“Nations, like stars, are entitled to eclipse. All is well, provided the light returns and the eclipse does not become endless night. Dawn and resurrection are synonymous. The reappearance of the light is the same as the survival of the soul.”

— Victor Hugo

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1. Volvo Cars achieved record-high global sales with electrified models contributing significantly, comprising 42% of total sales, and fully electric cars alone constituting 23%, reflecting the success of their strategy, particularly evident in Europe with a 33% sales growth, and the US with a 50% increase.
2. Hyundai Motor's campaign film showcases the IONIQ 5 robotaxi, developed with autonomous driving technology by Motional, completing a simulated U.S. driver's license test, emphasizing its inclusive autonomous features and potential to offer freedom of mobility to all.
3. Nio has been actively expanding its battery swap partnerships with automakers and installing over 2,300 battery swap stations, with plans for further expansion.
4. Ford focuses on building a comprehensive EV lineup and expanding hybrid offerings, as evidenced by an 86% increase in electric vehicle sales and a 42% rise in hybrid sales in the first quarter of 2024.
5. By the end of 2024 or early 2025 at the latest, electric cars in Norway are projected to surpass petrol cars.
6. First-quarter sales results, highlighting unexpected performance trends and discussing the implications of their electrification strategies, particularly noting Toyota's strong sales driven by hybrid models.
7. Consumer Reports highlights upcoming electric vehicles, including Tesla's Cybertruck, Rivian's R1T and R1S, Ford's F-150 Lightning, and GM's Hummer EV.
8. Rivian, with its impressive $17.5 billion valuation and plans to increase production capacity to meet the rising demand for electric vehicles.
9. Hyundai Motor and Kia have surpassed both Ford and GM in US electric vehicle sales.
10. With EV sales comprising 13% of global auto sales, the automotive industry continues its significant shift towards electrification. 
11. China asserts that its advantage in EVs stems from continuous innovations rather than subsidies, with EV sales accounting for 60% of global sales in 2023.

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