Latest news with #EX30CrossCountry
Yahoo
13-05-2025
- Automotive
- Yahoo
Electric Vehicle Market worth $3,760.9 billion by 2034- Exclusive Report by The Research Insights
CHICAGO, May 13, 2025 /PRNewswire/ -- The global Electric Vehicle Market is projected to be valued at USD 533.9 billion in 2024 and reach USD 3,760.9 billion by 2034, growing at a CAGR of 21.55% according to a new report by The Research Insights. The market for electric vehicle is driven by EV battery price reductions combined with increasing environmental awareness government support and battery technology advancements. The market has seen significant improvements in energy density, along with cost reductions, enabling longer range capabilities while minimizing expenses. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Electric Vehicle market growth of 21.5% comprises a vast array of vehicle type, propulsion type, drive type, vehicle speed, vehicle class, end-use and geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Electric Vehicle Market, Download the Sample Pages: Market Overview and Growth Trajectory: Electric Vehicle Market Growth: According to an exhaustive report by The Research Insights, the Electric Vehicle Market is experiencing significant growth, driven by the lower fuel and maintenance costs of electric vehicles compared to traditional internal combustion engine vehicles act as a strong incentive. Significant improvements in energy density together with cost reductions now allow electric vehicles to deliver longer range capabilities while minimizing expenses. The emergence of high-power fast chargers combined with growing charging infrastructure networks now allows electric vehicle users to travel longer distances with greater ease. The worldwide adoption rate of electric cars continues to climb thanks to improvements in infrastructure and technology. Accelerating Innovation Across the EV Landscape: Electrification Redefines Automotive Engineering and Supply ChainsThe electric vehicle market is undergoing a pivotal transformation, fuelled by climate targets, advancements in battery chemistry, and strong government policy support. The shift toward zero-emission mobility places unprecedented pressure on automakers and suppliers to innovate across every aspect of EV design and performance. As outlined in hybrid electric vehicle battery market report, next-generation EVs must deliver longer ranges, faster charging, and greater affordability to meet global adoption goals. In response, major players are intensifying product development, for instance, Geely Galaxy's Galaxy L6 EM-i hybrid sedan delivers electric-only ranges of up to 140 km, while Volvo's EX30 Cross Country offers 427 km range and all-terrain capabilities with a 26-minute fast charge. Automakers like Tesla and Volkswagen are expanding offerings that integrate software, performance, and design—proving that the future of EVs lies in balancing innovation with consumer expectations. Simultaneously, the rise of commercial EVs and last-mile solutions adds further complexity to vehicle design. The launch of Lohia Auto's Humsafar IAQ, a three-wheeled electric vehicle tailored for urban transport, and Alexander Dennis' zero-emission buses in the UK and Ireland demonstrate how electrification is reaching diverse transport segments. These evolving needs are pushing the EV industry to explore smart battery systems, lightweight materials, and modular designs that enhance both performance and serviceability. Charging Infrastructure and Material Breakthroughs Reshape EV Ecosystem Expectations: The growing electric vehicle population is redefining the role of infrastructure and materials within the automotive value chain. The expectations for charging infrastructure are expanding as users demand faster, more accessible, and energy-efficient systems that can support diverse vehicle platforms. Reports such as, Electric Vehicle Charging Infrastructure Market and many others highlight the need for high-conductivity materials, thermal resilience, and interoperability across networks. For instance, vehicles like the Volkswagen ID.4 Pure, which supports both AC and fast DC charging, reflect this shift—achieving up to 363 km of range and restoring 80% battery capacity in just 25 minutes. At the material level, the growing complexity of electric drivetrains, battery packs, and onboard electronics is leading to new demand for thermally conductive polymers, electromagnetic shielding, and high-strength adhesives. Thermal Conductive Polymer Material for Electric Vehicles Market explore how these materials enable heat management, weight reduction, and long-term structural integrity. As vehicle electronics become more advanced and susceptible to signal interference, the application of shielding coatings, discussed in the Electromagnetic and Radio Frequency Interference Coating for Electric Vehicles Market, is gaining momentum across the EV sector. With manufacturers embracing digital platforms, over-the-air software updates, and predictive diagnostics, material choices now influence not only vehicle performance but also data security and system reliability. In this rapidly advancing environment, the electric vehicle market must accelerate at the intersection of performance, infrastructure, and sustainability, defining the future of mobility through constant reinvention. Stay Updated on The Latest Electric Vehicle Market Trends: Strategic Alliances and Emerging Markets Broaden the EV Landscape: Strategic partnerships transform market dynamics by extending electric vehicle technologies to previously untapped geographies and sectors. The August 2023 merger between ElectraMeccanica and Tevva demonstrates heightened interest in electrifying commercial transport while combining American and British manufacturing capabilities to expand truck production worldwide. NexGen Energia launched an affordable electric two-wheeler in India during April 2024 which demonstrates how companies are meeting consumer price sensitivity and accessibility demands in emerging markets while strengthening electric vehicle sector contributions to inclusive and sustainable growth. Geographical Insights: Asia Pacific dominated the electric vehicle market in 2024; it would continue to dominate the market during the forecast period and account for more than 45-55% share by 2034. Europe is the second-largest contributor to the global electric vehicle market, followed by North America. The Asia Pacific region is becoming a key centre for electric vehicle suppliers because of beneficial local and international conditions. China leads global electric vehicle innovation through its effective regulatory framework and robust industrial capabilities. The worldwide adoption of electric vehicles is led by China because of its widespread battery charging network and technical manufacturing strengths. Through several initiatives that promote new energy vehicles across both urban and rural areas and accelerate the development of charging networks the Chinese government is accelerating the shift towards electric vehicles. The electric car industry in India made major progress because of continuous support policies and incentives developed over the past few years. MG Motor stands as an outstanding case because it functions as a subsidiary of SAIC Motor. MG Motor introduced the Comet EV model which combines modern aesthetics and customization options through a variety of colour choices and stickers at a cost-effective price of USD 9,700 (7.98 lakh INR). The Indian government plans to address growing electric vehicle requirements by expanding charging networks and supporting local battery manufacturing for EVs. Global Electric Vehicle Market Segmentation and Geographical Insights: Based on vehicle type, the market is divided into scooters, motorcycles, three-wheelers, passenger cars, buses, and trucks. The Passenger cars segment held the largest share in 2024 of the global electric vehicle market because of their dominant revenue share which results from increased environmental awareness combined with supportive government policies and ongoing advancements in battery technology and charging systems. Based on propulsion type, the market is divided into Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs) and Fuel Cell Electric Vehicles (FCEVs). The Battery Electric Vehicle (BEV) segment held the largest share in 2024 of the global electric vehicle market. Based on drive type, the market is divided into Front-Wheel Drive (FWD), Rear-Wheel Drive (RWD), and All-Wheel Drive (AWD) vehicles. The Front-Wheel Drive (FWD) segment held the largest share in 2024 of the global electric vehicle market due to its increasing popularity through their affordability and simple design which makes them ideal for everyday city travel. Based on vehicle speed, the market is divided into Less Than 100 MPH, 100 MPH to 125 MPH and Above 125 MPH. The 100 MPH–125 MPH speed segment held the largest share in 2024 of the global electric vehicle market due to consumers preferred electric vehicles that combined practical functionality with enhanced performance. Based on vehicle class, the market is divided into Low, Mid, and High. Low-Priced Electric Vehicles segment held the largest share in 2024 of the global electric vehicle market which reflect evolving consumer preferences. Based on end use, the market is divided into Commercial and Personal. The personal EVs segment held the largest share in 2024 of the global electric vehicle market due to Growing environmental awareness along with widespread model availability and consumer incentives The Electric Vehicle Market is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. Purchase Premium Copy of Global Electric Vehicle Market Size and Growth Report (2025-2034) at: Key Players and Competitive Landscape: The Global Electric Vehicle Market is characterized by the presence of several major players, including: AB Volvo BYD Company Ltd. Ford Motor Company General Motors Honda Motor Co., Ltd. Kawasaki Motors Corp., U.S.A Mercedes-Benz Group AG Mitsubishi Motors Corporation Nissan Motor Co., Ltd. Renault Group Tesla, Inc. Toyota Motor Corporation Volkswagen Group Zero Motorcycle These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. For Region-Specific Market Data, Check Out Brief Sample Pages: Global Electric Vehicle Market Recent Developments and Innovations: In February 2025, Geely Galaxy launched their new compact plug-in hybrid sedan Galaxy L6 EM-i in February 2025 with five different variants. The sedan offers electric-only driving ranges from 60 km to 140 km under the CLTC cycle and its price falls between CNY 79,800 and CNY 106,800. In February 2025, Volvo Cars introduced the fully electric compact SUV known as the Volvo EX30 Cross Country. The Volvo EX30 Cross Country will enter deliveries starting in spring 2025 after becoming available for pre-order in select markets. The vehicle provides drivers with a maximum distance capability of 427 km and allows them to charge up to 80% battery level within 26 minutes. The model provides all-wheel drive together with higher ground clearance for better off-road performance and optional 18-inch tires specifically for off-road use. In January 2025, Tesla launched its latest Model Y vehicle in markets across the United States and Canada. Tesla's Model Y Launch Series will start deliveries in March 2025 priced at USD 59,990 before options. In December 2024, Volkswagen introduced the ID.4 Pure model which combines a 170 hp engine with a 55-kWh battery to deliver 363 km of driving range. Users can charge the model with 11 kW AC power in roughly 4.5 hours and with 115 kW DC power in about 25 minutes. It is priced starting at EUR 30,800. In May 2024, the electric vehicle manufacturer Lohia Auto launched their Humsafar IAQ model which is a three-wheeled vehicle designed specifically for short-distance travel and last-mile connectivity. As the vehicle achieves 185 km range on a full charge it reaches a maximum speed of 48 km/h and accommodates one driver and four passengers. This vehicle utilizes a swappable 7.6 kW battery and offers an optional fixed 10.7 kW battery while incorporating an IP67-rated motor and 4.5R10, 8 PR Sheet Metal Rims. In April 2024, the e-mobility company NexGen Energia from Noida, India introduced an electric two-wheeler with affordable pricing. This development represents an important advancement in making electric vehicles more accessible and affordable to a larger population. In November 2023, Alexander Dennis which operates under NFI Group Inc. introduced new battery-electric buses specifically for markets in the UK and Ireland. Alexander Dennis introduced two battery-electric buses for the UK and Ireland: The Enviro100EV as a compact bus model and the Enviro400EV as a double-decker bus that demonstrate improved performance which supports zero-emission public transportation objectives. In August 2023, the producer of the compact Solo electric vehicle ElectraMeccanica declared a merger with Tevva which manufactures electric trucks in the UK. Through this strategic partnership Tevva will strengthen its market position in electric trucks while expanding operations across the UK, Europe, and the US by using ElectraMeccanica's Arizona manufacturing facilities to increase truck production. Conclusion: The electric vehicle industry faces substantial changes through technology advancements along with environmental regulations and evolving consumer tastes. The electric vehicle sector experiences rapid growth as tighter global emission standards and rising sustainable transportation requirements lead to increased investments in battery technology and charging infrastructure along with smart mobility solutions. The fusion of renewable energy systems and vehicle-to-grid technologies transforms energy networks while autonomous driving and connected vehicle systems introduce innovative changes to the industry. Long-term resilience and sustainability depend on supply chain localization together with critical mineral sourcing and circular economy practices. The electric vehicle market leads the future mobility revolution while the convergence of government policies with industrial and consumer electrification goals requires ongoing innovation and sector collaboration. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders—including consumers, fleet operators, automakers, battery manufacturers, raw material suppliers, component suppliers, charging infrastructure providers, utility companies, national and local governments, regulatory bodies, investors, financial institutions, environmental advocacy groups, research institutions, universities, and software and technology providers—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 3,760.9 billion by 2034, the Global Electric Vehicle Market represents a significant opportunity for automakers, battery manufacturers, charging infrastructure providers, utilities and energy companies, raw material suppliers, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape. Related Report Titles: Electric Vehicle Range Extender Market Sze, Share & Trends Analysis Report Engineered Polymers In Electric Vehicles Market Size, Share & Trends Analysis Report Electric Vehicle Charging Cables Market Size, Share & Trends Analysis Report Electric Vehicle Adhesives Market Size, Share & Trends Analysis Report Metals In Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1 312-313-8080Website: Logo: View original content: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Automotive
- Yahoo
Volvo Cars' Ghent plant in Belgium starts EX30 production
Volvo Cars has begun production of its fully electric EX30 small SUV at the Ghent manufacturing plant in Belgium. The Ghent plant will also begin manufacturing EX30 Cross Country later this year. The addition of EX30 production to the Ghent plant has created approximately 350 new jobs, increasing the total employment to nearly 6,600 people. Volvo Cars chief manufacturing and supply chain officer Francesca Gamboni said: 'The EX30 is crucial for us as we continue to strengthen our position in the premium EV market in Europe. 'Investing in the European production of the EX30 in Ghent perfectly aligns with our long-held strategy to build our cars where they sell best. Our flexible global footprint contributes to our resilience, allowing us to adjust our manufacturing plans with agility.' In the recent years, the company has invested around €200m ($227m) in the Ghent facility to facilitate the production of EX30. The investment led to the addition of a new car platform, installation of nearly 600 new or refurbished robots, an extension of the battery hall, a new door production line, and a battery pack assembly line. According to the company, the production of EX30 in Europe supports the EU's sustainability and competitiveness agenda. This small SUV was introduced in late 2023, and is claimed by the company to be 'one of Europe's best-selling electric cars in 2024'. The Ghent plant in Belgium and Torslanda facility in Sweden now produce ten different electric and hybrid models in Europe. Volvo Car Ghent plant manager Stefan Fesser added: 'Following a decision in autumn 2023 to bring production of the EX30 to Ghent, we were able to industrialise the new model in record time. 'Thanks to the engagement and collaboration of the entire Ghent team, we cut the industrialisation time in half. Today, we are extremely proud to welcome the EX30 and demonstrate that new technology and innovation enable us to react more flexibly to market demands.' The Ghent factory has been operational since 1965 and is claimed to be the only remaining 'fully developed' car manufacturing facility in the country. The company's third car manufacturing plant in Europe is under construction in Slovakia. In addition to the EX30 variant, the Ghent plant produces other electrified models, including the fully electric EX40 and EC40, as well as the XC40 and V60 hybrid models. In 2024, the Ghent factory manufactured over 186,000 cars. This latest announcement comes as Volvo Cars reported a 10% drop in global sales for March 2025 due to lower sales of fully electric vehicles. "Volvo Cars' Ghent plant in Belgium starts EX30 production" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
23-03-2025
- Automotive
- Yahoo
Volvo turns heads after unveiling cutting-edge EV with jaw-dropping capabilities: 'This is a pleasant surprise'
Volvo's new ES90 electric vehicle boasts an impressive 435 miles of range and some surprising charging technology, according to Inside EVs. The car's battery operates at 800 volts, which Volvo claims will allow it to go from a 10% to 80% charge in only 20 minutes. Other manufacturers have started moving to 800-volt batteries as well, including Porsche, GM, Tesla, Lucid, Stellantis, and Hyundai, though it remains a feature for higher-end models. The benefit of fast charging times depends entirely on the availability of supporting chargers. Electric vehicle infrastructure continues to improve, so even if fast charging isn't available along your current routes, odds are it's on the way. "The Volvo ES90 combines our most advanced technologies with Scandinavian design and superior comfort, creating a true premium Volvo car designed to elevate your quality of life," said Volvo CEO Jim Rowan. Besides a sense of luxury, electric vehicles are a key way in which people can reduce atmospheric pollution. Consumer road travel produces a lot of pollution, and switching to an EV can help bring that amount down a lot. Gas-powered cars also pump out a lot of localized pollution, which is bad for health. Luckily, electricity is cheaper than gas, resulting in cheaper ownership costs after switching to an EV. If you're ready to make the leap, check out our electric vehicle guide. While the price was undisclosed, Volvo also recently unveiled the EX30 Cross Country, which should be a bit more affordable. The community reception to the ES90 has been generally positive. "Wow is this a pleasant surprise!" said one commenter. "This just catapulted the ES90 from a non-contender to a potential top contender." "The ES90 is looking pretty exciting," said another. "I'm looking forward to seeing this tech make its way into other Volvo EVs." If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.


USA Today
19-02-2025
- Automotive
- USA Today
Volvo plans for 2025 with its new Tesla Model S rival
Volvo plans for 2025 with its new Tesla Model S rival Volvo had a record sales year in 2024, gaining 8 percent more volume to deliver more than 763,000 new cars and SUVs across the globe. However, it doesn't expect 2025 to be so smooth, despite plans to introduce fresh products including a fresh Tesla Model S–rivaling electrified sedan dubbed the Volvo ES90. Here's more on that and what else we can expect from Volvo this year. The new year will start for Volvo with the EX30 Cross Country, a more capable (or capable-looking) version of the EX30 compact electric SUV, which will launch next week. Two other Volvo models will get refreshed, though it's not listed out which cars just yet. The XC90 SUV just got a refresh and the similarly sized EX90 electric SUV just launched, and the brand still offers the S60 and V60 midsize sedan and wagon, the S90 and V90 full-size sedan and wagon, and XC40 and XC60 SUVs; we'd wager the compact XC60 SUV is a shoe-in for an update, and maybe the internal-combustion-powered S90 gets refreshed to look like the new electrified ES90 (tracking the XC90 and EX90), which will also launch later in 2025. Read more: Tesla named 'The Deadliest Car Brand in America', NHTSA data shows The new ES90 electric sedan will take on competition like the Tesla Model S with Volvo's SPA2 vehicle platform that already underpins the EX90 electric SUV (and the sorta-related Polestar 3 SUV), likely to get the same 111 kWh battery pack. The EX90 SUV is capable of more than 300 miles of EPA estimated range on a full charge, and packs more than 500 horsepower, so we hope to see those figures carry over, if not improve with the likely more aerodynamic sedan. Additionally, we expect the ES90 to come equipped from the start with the North American Charging Standard (NACS) port that Tesla innovated. In case you missed it: As used car prices fall, the cost of EVs falls even harder By comparison, the Tesla Model S currently comes in only two flavors: (dual-motor) all-wheel drive and Plaid (which is tri-motor AWD). They get from between 300 and 400 miles of estimated range, offering 670 hp in regular guise or over 1,000 from the Plaid model. We wager the Volvo ES90 would likely be a little softer than both of those, targeting the same estimated range but offering closer to around 500 hp in its most powerful configuration. The Tesla Model S is priced from just under $80,000 to up to around $95,000; the EX90 is priced at around $80,000, so we figure the ES90 will also land somewhere in the ballpark of $80 to $100 grand. Beyond the EX30 Cross Country and ES90 sedan, and updates to two of its current models, Volvo also plans to launch a new PHEV in China this year. Beyond 2025, the brand has already walked back a promise to go fully electric by the end of the decade, instead now keeping gas models around for as long "as possible." However, plug-in electrified vehicles accounted for 54 percent of the brand's sales in 2024, so it probably has nothing to worry about considering the positioning of its existing and future electrified portfolio. According to Motor1, Volvo also has the door open to mild hybrid models in the future, but for now, expect to see an onslaught of updated and all-new PHEVs and EVs. That includes an EX60 electric SUV that should begin prototype testing in 2025, with a possible reveal by the end of the year. Photos by MotorTrend and manufacturer


The Independent
13-02-2025
- Automotive
- The Independent
Deals and wheels: Aguero to become Porsche Formula E driver, Volvo's EX30 gets chunky Cross Country version and Volkswagen previews compact EV
:: Volkswagen previews upcoming entry-level electric model Volkswagen has teased a look at its upcoming compact electric vehicle due to be fully unveiled at the beginning of March. Ahead of a production-ready model premiering in 2027, this early look showcases a compact car that will sit at the smaller end of the current Volkswagen range. In a social media clip, both the Lupo and Up! – two of Volkswagen's previous most-compact models – are shown preceding the arrival of the brand-new car. Volkswagen is targeting an entry price of €20,000 – around £16,650 – for the new model, which is predicted to only be offered with an electric powertrain, rather than with a petrol or hybrid alternative. Thomas Schäfer, CEO of the Volkswagen Passenger Cars brand, said that the new model would be 'an affordable, high-quality, profitable electric Volkswagen from Europe for Europe. This is the Champions League of automobile manufacturing.' The new model will be one of a number of compact models coming from Volkswagen, with the new-range process kicking off with the production version of the ID.2all prototype vehicle, which is expected to reach dealerships in 2026. Like this new concept, the production ID.2all is targeting a low cost with Volkswagen stating a price of under €25,000, or around £20,819. It's due to be based on the same MEB modular electric platform that has been used on other ID models, such as the ID.3 and electric van. Schäfer also made a fresh commitment to Volkswagen's Wolfsburg plant, stating that it would remain core to the German manufacturer's processes. He said: 'The Wolfsburg plant has a clear perspective for the future. 'The agreed relocation of the Golf to Mexico will free up space for advanced technologies. In Hall 54, new production procedures will be introduced. We intend to produce the electric Golf successor on the new SSP platform there, as well as the high-volume electric T-Roc. This way, we will be making Wolfsburg the capital of our new all-electric compact class.' :: Volvo's EX30 gets rugged Cross Country version Volvo has expanded its current EX30 line-up with the introduction of a new Cross Country version. Following in the footsteps of cars like the V60 and V90 Cross Country, the EX30 Cross Country is a more rugged take on Volvo's smallest electric SUV. Like the models before it, the main points of difference between the EX30 Cross Country and the standard car include a boost in ride height to help it navigate larger obstacles, as well as bigger wheels which can be equipped with an all-terrain tyre as an option. The EX30 Cross Country also benefits from chunky front and rear skidplates and wheel arch extensions that help to give the car a more go-anywhere appeal. Volvo says that owners can also choose from a wide-spanning range of extras, including a roof basket and mudflaps. Inside, the Cross Country features much the same layout as the standard EX30, with a screen-centric design. The main infotainment system uses Android Automotive software, too, meaning that many Google-based services – such as Maps – come pre-loaded and can be used without the need to connect a smartphone. To help boost traction, the EX30 Cross Country uses a dual electric motor setup bringing all-wheel-drive in the process. Volvo says that the EX30 should manage up to 265 miles between charges, while a 10 to 80 per cent top-up could be achieved in 26 minutes when hooked up to a suitably rapid charger. Volvo has yet to announce full pricing and specifications for the EX30 Cross Country with further details released 'in due course'. :: Former professional footballer Sergio Aguero to become Porsche racing driver Former professional footballer Sergio Aguero has swapped the football pitch for the race track with Porsche's Formula E racing team. The ex-Manchester City star from Argentina will make a one-off appearance at the Formula E Grand Prix in Miami from March 5 to March 6. Appearing as part of an 'Evo Sessions' content series, Aguero will be one of a number of celebrities that will get behind the wheel of Formula E vehicles this season. Other stars include Brooklyn Peltz Beckham and Lucien Laviscount. Aguero will be driving a Porsche 99X Electric, and will be given training from the firm's e-sports works team while being supported by Formula E world champion, Pascal Wehrlein. Aguero, said: 'This is absolutely crazy: from footballer to racing driver in one of the fastest racing cars in the world. Every child is familiar with Porsche. The brand represents an iconic heritage, particularly in motorsport. With this in mind, I am absolutely delighted and would like to thank everyone involved for this opportunity. I want to learn as much as possible on my journey to Miami, and to represent the team as well as possible when we get there.' The car that Aguero will be driving can do 0-60mph in under two seconds and features special software which independently adjusts its brake energy recuperation settings for every corner of the race track. Florian Modlinger, director of factory motorsport of Formula E at Porsche, said: 'The 99X Electric is one of the best Formula racing cars in the world. To drive it demands a lot of respect and meticulous preparation.' Before getting behind the wheel, Aguero will be undergoing racetrack training in Porsche's road-going sports cars before entering the Formula E race in Miami next month.