Buick an EV-only brand by 2030, the first EV in North America was to be launched in 2024, but it was reported that this plan was postponed in the 2024 Q2 financial results announcement. At this time, there are no announced plans to introduce Buick-brand EVs. The company produces Buick-branded EVs (Electra E5/Electra E4) in China, but the Biden administration's sharp increase in import tariffs on Chinese-made EVs has made imports and sales into t...

Market & Tech Reports  Updated at: 2025/02/21

tion of EVs, with a total of 42,000 EVs (including PHVs), an 81.5% y/y increase. In the first half of 2024, 26.4% of the Buick brand were EVs. The Velite passenger car, launched in 2019 as the world's first series of New Energy Vehicles (NEV) under the Buick brand, is the best-selling EV, while the Electra series of EVs, based on the new generation Ultium platform, was launched in the first half of 2023.   Expanding the EV product lineup E...

Market & Tech Reports  Updated at: 2024/11/27

its first EV in North America in 2024, but during the company's Q2 2024 earnings briefing, CEO Barra said the company would postpone plans to introduce Buick EVs in 2024. There are currently no xEVs in Buick's U.S. lineup, and no models are in development.   The company produces Buick-branded EVs (Electra E5/E4) in China, but the Biden administration's sharp increase in import tariffs on Chinese-made EVs has made imports and sales into the U.S. ...

Market & Tech Reports  Updated at: 2024/10/08

roximately 1.51 million units. Total investment has reached IDR 860 billion (approximately JPY 8.2 billion).   PT PLN (Persero), a shareholder in the state-owned Indonesia Battery Corporation (IBC), signed a memorandum of understanding with three electric motorcycle manufacturers (Gesits, Alva (PT Electra Distribusi Indonesia), and Volta (PT Volta Indonesia Semesta)) in March 2023 to strengthen the electric mobility ecosystem. In addition, in Ju...

Market & Tech Reports  Updated at: 2024/09/10

28 100% (Source: Created by MarkLines based on various press releases and sources)   FY 2023-24 production models: Engine Displacement Model name Production volume(Thousand units) 250 - 350 cc Meteor 350 111 250 - 350 cc Classic 350 343 250 - 350 cc Hunter 350 199 250 - 350 cc Bullet Electra 18 250 - 350 cc Bullet 350 153 350 - 500 cc Himalayan 46 500 - 800 cc 650 Twin 32 500 - 800 cc Super Meteor 26 (Source: Created by ...

Market & Tech Reports  Updated at: 2024/06/24

lligent temperature control system (liquid cooling technology), light weight and thin structure technology (148mm thickness), and durable cell technology (integrating fast charging, anti-degradation, and safety technologies).   Foreign brands accelerate transition to electrification Buick Electra E5 (Auto Shanghai 2023 motor show)   SAIC VW and SAIC GM are deepening local production and accelerating the shift to electrification. In ...

Market & Tech Reports  Updated at: 2024/03/25

partners, such as LGES's acquisition of an approximate 8% stake in Australia-based Green Technology Metals Ltd., which operates lithium mines in North America.   Major battery raw material procurement contracts signed in 2022~2023 Company Region Suppliers Period Content LG Group Canada (USA) Electra Battery Materials Corporation 2025~2029 Cobalt sulfate: 19,000 tons in total North America Green Technology Metals Ltd. 2023~2027 Lithium co...

Market & Tech Reports  Updated at: 2024/01/10

Tesla is slowly making its Supercharger network available to other OEMs. As of August 2023 - here is a list of compatible EVs by OEM. Adapters will be needed to use the Superchargers until more OEMs switch to the NACS format: Ford: e-Transit, F-150 Lightning, Mustang Mach-e. General Motors: Buick Electra, Cadillac Escalade IQ, Chevrolet Silverado EV, GMC Hummer EV. Volvo/Polestar: Volvo S60, V60, XC40, XC60, XC90; Polestar 2, Polestar 3. Merced...

Market & Tech Reports  Updated at: 2023/11/16

plants. Three of the plants are operated by Ultium Cells LLC (a 50-50 joint venture between GM and LG), while the fourth plant, scheduled to start operations in Indiana in 2027, is in partnership with Samsung. Currently in North America, the company produces the Bolt, Lyriq with Ultium technology*, Electra, Hummer EV, Cadillac Escalade IQ, and BrightDrop commercial vehicles, followed by the Celestiq, Silverado, Sierra EV, Blazer EV, and Equinox E...

Market & Tech Reports  Updated at: 2023/11/01

t pickup truck in February 2023 GM's global performance: Net income improves 7% in H1 of 2023 due to increased sales in the U.S. GlobalData (formerly LMC Automotive) Production Forecast: GM Group’s light vehicle production forecast rising gradually, to reach 5.13 million units in 2026 Buick Electra E5, the first vehicle in China to adopt the Ultium platform, was launched in April 2023 (Source: GM Newsroom)   In the first half (H1) of ...

Market & Tech Reports  Updated at: 2023/09/15

urce: Buick)   The Buick brand has no EV models already launched in its lineup for the North American market at this time, but in a press release last June 2022, the brand reported plans to launch its first EV for North America in 2024. Buick's EVs to be introduced in the future will carry the "Electra" sub-brand, which draws inspiration from the history of the brand.   In the same month (June 2022), Buick also issued a press release introdu...

Market & Tech Reports  Updated at: 2023/09/06

Technology Limited Ternary lithium-ion battery cells (Prismatic) Rising Auto F7 (China) 2023 United Auto Battery Co., Ltd. Ternary lithium-ion battery cells (Prismatic) Rising Auto R7 (China) 2023 United Auto Battery Co., Ltd. Lithium-ion iron phosphate battery cells (Prismatic) SAIC GM Buick Electra E4 (4WD) (China) 2023 United Auto Battery Co., Ltd. Ternary lithium-ion battery cells (Prismatic) SAIC GM Buick Electra E4 (China) 2023 Wuha...

Market & Tech Reports  Updated at: 2023/06/23

undai: Introduces the N Series to China and debuts two NEV concept cars for the first time in the country; Kia unveils three EV models Ford: Launching the hybrid version of the Edge L 7-seater SUV; exhibiting the Mustang Mach-E GT and the F-150 Lightning electric pickup truck GM: Exhibits the Buick Electra E5, the Chevrolet FNR-XE electric concept car, and the Cadillac Lyriq Stellantis: World premiere of Maserati's first electric SUV; Asian premi...

Market & Tech Reports  Updated at: 2023/05/26

ficantly from 200,000 units in 2021 to 455,000 units in 2022. On the other hand, GM's sales of all vehicle types fell below the previous year's level, with a 12.1% year-on-year decline to 1,170,000 units in 2022, of which about 40,000 were BEV models. In December 2022, pilot production of the Buick Electra E5 began at the Ultium megafactory.   Sales by Korean automakers (Hyundai and Kia) continued to decline in 2022 with sales of 381,000 units, ...

Market & Tech Reports  Updated at: 2023/02/14

Mobiliti, a subsidiary of Bakrie and Brothers, an Indonesian conglomerate, will be locally manufacturing electric buses in collaboration with local bodyworker Tri Sakti and BYD Auto. As a result, the first electric bus plant to be opened in Indonesia. Indika Energy ・Indika Energy established PT Electra Mobilitas Indonesia (EMI) in 2021 to develop electric motorcycles and the related ecosystem. ・Indika Energy signed an agreement with Taiwan-...

Market & Tech Reports  Updated at: 2023/01/27

pany will announce its next-generation HV and PHV technologies within the next two years. Ultium Center begins operations The SAIC-GM Wuhan Ultium Center began operations on December 28, 2022, producing Ultium platform batteries and electric drive systems. On the same day, pilot production of the Electra E5, the first electric SUV based on the Ultium platform under the Buick brand, began at the SAIC General Motors Co., Ltd. Wuhan Branch. ...

Market & Tech Reports  Updated at: 2023/01/26

next-generation HV and PHV technologies will be released within the next two years. According to MarkLines data, SAIC GM's January-October 2022 sales declined 5.8% y/y to 973,000 units, of which NEV sales rose 116.9% y/y to 39,000 units, and Buick brand NEV sales totaled 32,000 units. Buick Electra-X concept car (Source: Buick) Buick Electra-X cockpit (Source: Buick) Buick's strategic plan In June 2022, the Buick brand announced tha...

Market & Tech Reports  Updated at: 2023/01/17

oduced in June 2022, GM showcased the Buick Wildcat EV concept at the 2022 NAIAS. The Wildcat EV concept is a design study that previews Buick's future direction as it transitions to developing fully electric vehicles. Buick's first battery electric vehicle is expected to launch in 2024 under a new Electra sub-brand. The transition is exemplified by the new Buick tri-shield logo and badge. In contrast to many current EVs that eschew grilles, the ...

Market & Tech Reports  Updated at: 2022/10/07

ar) PURE EV(Support from IIT, Hyderabad) Hyderabad, Telangana 70,000(Plan: 200,000) Raptee Energy Thirumazhisai, Chennai, Tamil Nadu 14,000 Revolt Intellicorp(Investment from Rattan India) Manesar, Haryana 120,000 Simple Energy Shoolagiri (Hosur), Tamil Nadu Plan: 1 million capacity Techo Electra Chakan, Pune 150,000 Tork Motors(Investment from Bharat Forge and Ratan Tata) Bhosari, PuneChakan, Pune 6,000 (Bhosari)40,000 (Chakan) Tun...

Market & Tech Reports  Updated at: 2022/04/12

le Total 623 100% Source: Created by MarkLines using information provided by various announcements and sources   FY 2020-21 production models Engine displacement Model name Production volume(Thousand units) 250 - 350 cc Thunderbird 350 2 250 - 350 cc Classic 350 374 250 - 350 cc Bullet Electra Twinspark 51 250 - 350 cc Bullet 350 98 250 - 350 cc Meteor 350 42 350 - 500 cc Classic 500 5 350 - 500 cc Himalayan 27 500 - 800 cc...

Market & Tech Reports  Updated at: 2021/07/26