Updated model names will make it easier for existing and new fleet customers to understand which vehicles in Volvo's lineup are fully electric. Updates to hybrid models are expected to result in CO2 emission reductions and fuel economy improvements.
The SUV features three different lineup features, and two different lineup models for the plug-in hybrid class.
Mazda provided more details about its first-ever 2024 CX-90 before its premiere in early 2023.
Volvo Car USA announced new extended range Recharge plug-in hybrid models with up to 41 miles of electric range in pure mode.
Sales of pure battery-electric vehicles jumped 72% to a record 147,799, the best quarter ever for EVs.
Toyota's 2022 Prius Prime comes standard like the other Priuses and introduces new features to make the plug-in hybrid unique and technologically advanced. Offered in three grades and five standard and two premium colors, the new Prius starts at MSRP $28,220 (LE grade).
Hybrids and plug-ins still dominate the electrified market, but with quarter-over-quarter sales up 201%, automakers are pointing to a future with more EVs.
A lifecycle analysis by Vincentric found that total cost of ownership (TCO) for electric vehicles underperforms plug-in hybrid electric and traditional hybrid model counterparts. Running EVs more miles per year has a substantive positive impact on TCO.
With electricity rate fluctuations of up to 200% daily, its essential for fleets to view their local utilities as partners and engage them before placing an order for the first electric vehicles.
Eric Foellmer says XL's plan is to continue supplementing the electrification strategy of the OEMs, which includes its present hybrid and plug-in hybrid systems and eventually an all-electric system.
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