Russias fuel crisis sparks 80% surge in electric and hybrid vehicle sales
Ford has raised its profit forecast for the year due to strong sales of its SUV models in the U.S. Despite a 4% drop in overall revenue to $50.2 billion, the company managed to break even this quarter, compared to a loss of $1.3 billion in the same period last year. The company faced supply chain issues after a fire at an aluminum supplier, which affected the production of its popular F-series pickups. However, higher sales of Bronco and Explorer SUVs in premium trims helped offset the loss.
Meanwhile, Audi has introduced its new flagship SUV, the 2027 Q9, designed to compete in the full-size SUV segment, particularly in the U.S. market. The Q9 is larger than the Q7 and features a more spacious third row, making it suitable for families. The vehicle is built on Volkswagen Group's new Premium Platform Combustion (PPC) architecture and will be available with a range of engines, including a twin-turbo V8 in the SQ9 model.
In Russia, demand for electric and hybrid vehicles has surged due to a nationwide fuel crisis. Sales of new hybrids and electric vehicles rose by 80% between June 29 and July 19 compared to the average weekly figure for the first half of the year. The fuel crisis, caused by drone strikes on Russian oil refineries, has led to shortages at gas stations, making electric and hybrid vehicles more attractive to consumers. Denis Migal, founder of the Fresh car marketplace, noted that the fuel crisis has given a sharp boost to sales, with problems like insufficient highway chargers and high winter energy consumption becoming less significant compared to the lack of fuel at gas stations.
The increase in demand for electric and hybrid vehicles is also reflected in the usage of charging stations. Valery Markelov, head of the electric vehicle charging network run by Rosatom, reported an 80% increase in charging sessions in early July compared to the start of the previous month. This surge is partly attributed to more plug-in hybrid vehicles using the charging stations, as it becomes more cost-effective to recharge batteries than to continue spending on gasoline.
In other news, rumors circulated online that the U.S. President Donald Trump's administration purchased 250 Cadillac Escalades for the presidential motorcade. The claim followed Trump's speech at General Motors' proving grounds facility in Milford, Michigan, on July 27. While Trump mentioned the purchase during his speech, the claim has not been independently verified. A spokesperson for General Motors declined to comment on the matter.
The Cadillac Escalade, which starts at $91,100, is a luxury SUV that has become popular in the U.S. market. The vehicle is also used for the presidential limousine, known as "The Beast," designed to the specifications of the U.S. Secret Service.
Follow us for live European news
- 3
- 1
- 1
- 1
- 1
6 further sources not geolocated
Articles
Drivers warned they could be hit with extra charges
gdeltproject.org · about 2 hours ago
Electric and hybrid car sales surge in Russia as nationwide fuel shortage drags on
telegram_Meduza · about 2 hours ago
Top-Speed mit Spielauto: Tempo-Rekord mit Bobby-Car: 149,875 km/h Das Bobby-Car ist ein beliebtes Spielauto. Ein 34-jähriger Hesse hat es umgebaut und damit eine Rekord-Abfahrt in Österreich hingelegt. Und eine andere Bestzeit hat er auch aufgestellt.
tagesspiegel · about 2 hours ago
Indias capital part of aggressive electric vehicle targets in bid to curb air pollution Delhi has adopted a new policy to make most new vehicles electric, aiming to improve air quality
abcnews · about 2 hours ago
49ers coach Kyle Shanahan corrects record, says crash was his fault reut.rs/4hBJ9lp
bluesky_Reuters · about 2 hours ago
From Breakingviews - Breakingviews - Rio results are a pre-M&A roadshow reut.rs/4fDKdmt
bluesky_Reuters · about 3 hours ago
Audi has a new flagship designed with the US in mind: The 2027 Q9 The new full-size flagship SUV starts at $87,700 when it goes on sale in Q4.
ars technica · about 3 hours ago
US-Autoriese: Ford profitiert von SUV-Nachfrage in den USA Seit die Regierung von Präsident Donald Trump E-Auto-Subventionen abgeschafft hat, sind in den USA große SUV-Modelle noch populärer geworden. Das hilft dem Autoriesen Ford.
handelsblatt · about 4 hours ago
Did Trump really order 250 Cadillac Escalades for his motorcade, as he claimed? General Motors, which has a history of providing presidential vehicles, declined to comment on the presidents assertion.
snopes · about 4 hours ago
Autoindustrie: VW und BMW müssen in den USA um künftige Fördermilliarden bangen Jahrzehntelang lockte South Carolina deutsche Hersteller mit Staatsgeldern. Jetzt könnte ein Subventionskritiker Gouverneur werden. Dabei ist das US-Geschäft so wichtig wie selten zuvor.
handelsblatt · about 4 hours ago
The First-Generation Cadillac CTS-V: What Made It Special?
gdeltproject.org · about 5 hours ago
Alle neune: Audi drängt mit dem Q9 gar vollends in die SUV-Oberklasse Schluss mit der vornehmen Zurückhaltung: Auch Audi baut jetzt ein Full-Size-SUV und bietet Besserverdienern mit Familienanschluss deutlich mehr Platz. Panik vor dem Parken ist unangebracht.
handelsblatt · about 5 hours ago
O carro mais estreito do mundo é este Fiat Panda com só 50cm Um fã do Panda pegou num modelo de 1993 e reduziu-lhe a largura a apenas 50 cm, produzindo o carro mais estreito do mundo. Contudo, manteve os paineis laterais e um farol, mas não a mecânica.
observador · about 6 hours ago
Este agressivo VW Golf debita mais de 1000 cv e voa baixinho Concebido para provas de rampa, este Golf desenvolvido para celebrar a presença da VW no mercado sul-africano foi alvo de profundas transformações por parte da VW Motorsport
observador · about 6 hours ago
NEWSLETTER: Geely rides to Fords rescue reut.rs/3RCxtUY
bluesky_Reuters · about 6 hours ago
Και αυτή την Κυριακή με το Car, όλα στα χέρια σας!
protothema · about 6 hours ago
Vansinnesfärd på E4 – bil körde i 200 kilometer i timmen Körde sicksack i 200 km/h
expressen · about 6 hours ago
Autobauer: Ford hebt Gewinnprognose an – starkes Kerngeschäft Der Autobauer konnte mit einer starken Nachfrage die Kosten von Zöllen ausgleichen. Sorgen bereitet dagegen weiterhin das Geschäft mit Elektroautos.
handelsblatt · about 7 hours ago
From Breakingviews - Breakingviews - GM and Ford truck past economic road blocks reut.rs/3S1bszp
bluesky_Reuters · about 7 hours ago
LEGOs New Jaguar E-Type Is 1,673 Pieces of Everything the Real Jaguar Is Walking Away From
news.yahoo.com · about 7 hours ago
US-Autoriese: Ford profitiert von SUV-Nachfrage in den USA
die zeit · about 7 hours ago