The Ford Fiesta will be discontinued in Europe in 2023
Martin Sander, President of Ford Europe, announced that the Ford Fiesta (B-segment) will be discontinued at the German site in Cologne in June 2023, as the carmaker intends to focus on the production of 100% electric cars from now on, especially at the Cologne site. This discontinuation of the Fiesta follows the discontinuation of the Galaxy (D-segment) and S-Max (D-segment) in April 2023, as well as the discontinuation of the Mondeo (D-segment), already in April 2022. In addition, Ford recently announced that the Focus (C-segment) will be discontinued in the summer of 2025 at the Saarlouis site.

- This will leave only the Ford Kuga (C-segment) SUVs in Valencia (Spain) and Ford Puma (B-segment) SUVs in Craiova (Romania), both with combustion engines, as well as light commercial vehicles such as the Transit, Transit Custom, Transit Connect and Transit Courier in Europe. However, the carmaker has no plans to disappear from the European market, as he has prepared several new models with 100% electric drive based on Volkswagen (MEB platform for the C/D segment) to be produced in Cologne and Valencia.

- Ford plans to launch three new all-electric passenger cars and four new all-electric light commercial vehicles by 2024, the latter corresponding to the four existing models mentioned above.

- As for passenger cars, there is talk of an electric version of the Puma SUV, as well as two other models that have not yet been announced. It is surprising that Ford has not electrified the Fiesta, Focus and Kuga, instead developing the other two future electric passenger cars on a Volkswagen platform, but the discontinuation of the Fiesta is part of the general policy of European carmakers to expand their product range. Ford aims to sell 600,000 electric vehicles in Europe by 2026 and 1,200,000 vehicles by 2032 - an ambitious target.


22-26-1
 
    
 

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The share of BEVs in sales by JV and local carmakers in 2022
In China, the sales shares of cars with internal combustion engine, electric motor (BEV), plug-in hybrid (PHEV) and non-plug-in hybrid (HEV) differ between local carmakers (Chinese carmakers not affiliated with foreign carmakers) and JV carmakers (Chinese carmakers affiliated with foreign carmakers). For example, the proportion of cars with internal combustion engines in the first nine months of 2022 is 81% for JV carmakers, while it is only 57% for local carmakers.

Conversely, the proportion of 100% electric cars (BEVs) does not exceed 12% among JV carmakers, while it reaches 30% among local carmakers.

This means that Chinese carmakers have a significant lead over foreign carmakers in electric cars, and also that Chinese customers are more likely to buy electric cars from local carmakers than from foreign carmakers.

It should be noted that for this analysis, Inovev included the Wuling brand in the JVs because it is 44% owned by GM and 50% owned by SAIC. Thus, it is not an independent Chinese brand, even though the Chinese share is larger than the U.S. share. If we include Wuling among the local carmakers , the share of BEVs among these local carmakers increases from 30% to 32%.The share of plug-in hybrid vehicles (PHEVs) is also much higher among local Chinese carmakers (12%) than among JV carmakers (1%).

 


Conversely, the share of non-rechargeable hybrid cars (HEV) is much higher among JV carmakers (6%) than among local Chinese carmakers (1%).


22-26-3
 
    
 

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Geely continues to expand its global influence

China's Geely Group had sold 2,148,405 light vehicles (passenger+LUV) by 2021, up 2% from 2020, ranking twelfth in the world last year. Sales were distributed as follows: 831,551 of the Geely brand, 698,693 of the Volvo brand (33% of group sales), 259,703 of the Emgrand brand, 220,516 of the Lynk&Co brand, 107,530 of the Proton brand, 29,101 of the Geometry brand and 1,311 of the Lotus brand, with Polestar brand sales counted in Volvo's figures.


The Geely Group, which was the first independent Chinese automaker in 2021, is now displaced in 2022 by electric and plug-in hybrid vehicle producer BYD, which is performing spectacularly this year, doubling its sales volume year-on-year.


Geely nevertheless remains one of the leading Chinese carmakers and one of the most ambitious, thanks to its acquisition of Volvo and Polestar, but also thanks to a 49.9% stake in Proton, 51% in Lotus, 50% in Smart, 9.7% in Mercedes and now 7.5% in Aston-Martin (already 9.7% owned by Mercedes). Geely also owns a minority stake in Volvo Trucks. Geely also owns London Taxis International, which manufactures the TX4 cab. Finally, Geely vehicles will be manufactured at Renault's Korean site (formerly Renault Samsung) in 2024. In addition, the Lynk & Co brand is starting to be known in Europe, expect the new premium brand Zeekr. The Chinese carmaker is thus showing some momentum, which makes it optimistic about the future.


22-26-5
 
    
 

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Are Japanese carmakers lagging behind with electric cars?

Are Japanese carmakers lagging behind with their electric cars? This is a question that can be asked if the global 100% electric vehicle (BEV) market grows to 6.8 million units by 2022, up from 4.5 million units in 2021 and 2.0 million units in 2020, and if Japanese electric-drive models today account for only a tiny fraction of BEV sales.


In fact, only 40,000 Japanese electric vehicles were sold globally in 2021. In 2022, based on figures for the first nine months of the year, Japanese BEV sales will not exceed 50,000 units, which would represent less than 1% of total global sales.


So it's safe to assume that Japanese carmakers have accumulated a significant BEV backlog compared to European, Chinese and even Korean carmakers, as Hyundai-Kia sold twice as many BEVs in 2021 as all Japanese carmakers combined. And in 2022, the Koreans will sell nearly 350,000 BEVs worldwide, up from 220,000 in 2021. For their part, European carmakers sold 1,000,000 BEVs worldwide in 2021 and 1,300,000 BEVs in 2022. U.S. carmakers sold 1,600,000 BEVs worldwide in 2021 and probably 2,100,000 units in 2022.


Chinese carmakers sold 1,500,000 BEVs in 2021 and likely nearly 3,000,000 BEVs in 2022. Japanese carmakers are starting to take more interest in the BEV market after hesitant beginnings (Nissan Leaf, Mitsubishi I-Miev, Honda E, Mazda MX30). Toyota is reportedly preparing a dozen electric models and Honda has teamed up with GM Group to launch a full line of electric vehicles, with the Prologue being the first model.



22-26-4
 
    
 

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Inovev forecasts 25,000 units per year from new Mercedes EQE SUV
Mercedes is further expanding its range of electric vehicles grouped under the term EQ. Following the SUVs EQA (C segment, electric version of the GLA), EQB (C segment, electric version of the GLB), EQC (D segment, electric version of the GLC), the sedans EQE (E segment, electric version of the E-Class), EQS (F segment, electric version of the S-Class) and the EQV minivan (E segment, electric version of the V-Class), the EQS SUV (F segment, electric version of the GLS) appeared to complement the EQS sedan. Now the SUV EQE (E segment) appears, which complements the EQE sedan and is, in a sense, a 100% electric GLE.  The EQE SUV is based on the carmaker's EVA2 platform and features a choice of four different electric motors: 292 hp, 408 hp, 476 hp and 687 hp. These motors are powered by a 90-kWh battery that provides a range of 375 km to 590 km on the WLTP cycle, depending on the motor.

The EQE SUV is 4.86 m long, 1.94 m wide and 1.69 m high, making it 26 cm shorter, 2 cm narrower and 3 cm lower than the EQS SUV. Its cW value is 0.25. A Mercedes GLE with an internal combustion engine is 4.92 m long, 1.94 m wide and 1.77 m high. The EQE SUV is less long and less high. Its dimensions are more like an Audi E-Tron SUV, but still smaller than a BMW iX SUV, which is 10 cm longer, 3 cm wider and 1 cm taller.

 


The EQE SUV will be produced at the U.S. plant in Tuscaloosa, Alabama, alongside the EQS SUV, but also the GLE and GLS with internal combustion engines. Inovev forecasts to produce 25,000 units per year and 50,000 units per year in the long term, i.e. between 2026 and 2030.

22-26-6
 
    
 

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