Tag: Geely

Volvo begins building EX30 electric car in Belgium

Volvo is now building its EX30 electric car in Ghent, Belgium, in a strategic move to assemble key models closer to the markets where they sell best. The small SUV was previously assembled solely in Zhangjiakou, China, before being shipped across the globe.  However, Volvo decided in October 2023 that adding production capacity for the model in the… Continue reading Volvo begins building EX30 electric car in Belgium

BYD’s quarterly profit surges at fastest pace in nearly two years

BEIJING (Reuters) -BYD’s (BYDDY, BYDDF) first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market after launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday,… Continue reading BYD’s quarterly profit surges at fastest pace in nearly two years

European carmakers on China charm offensive as sales droop

“The name of the game is value,” said Tu Le, founder of Sino Auto Insights. Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the world’s largest car market, seeking to claw back sales lost to domestic rivals. At this week’s Auto Shanghai, the largest global industry show… Continue reading European carmakers on China charm offensive as sales droop

Clean Technica: Tesla Misses The Electric Truck Boat, Again003982

Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! The cratering of Tesla’s EV sales and its stock, too, has already become the stuff of legend, and it could get worse. As auto industry observers have… Continue reading Clean Technica: Tesla Misses The Electric Truck Boat, Again003982

International Exhibits Solutions to Simplify the Customer Experience at ACT Expo 2025

ANAHEIM, Calif., April 23, 2025 /PRNewswire/ — International Motors, LLC * (“International”) will showcase its digitally enabled solutions dedicated to the customer experience at ACT Expo 2025 in Anaheim, California April 28 – May 1. Continue Reading International exhibits solutions to simplify the customer experience at ACT Expo 2025 “At International, we’re investing in innovative solutions to… Continue reading International Exhibits Solutions to Simplify the Customer Experience at ACT Expo 2025

“AI for All, All for Safety”, Geely Auto Unveils Groundbreaking Innovations for Tech and Safety at Auto Shanghai 2025

SHANGHAI, April 23, 2025 /PRNewswire/ — Geely Auto showcased its commitment to safety innovation and technological advancements with a series of new announcements at Auto Shanghai 2025, including the launch of a new self-developed and self-produced battery brand – the Geely Golden Short Blade Battery, and the world’s largest standalone safety laboratory – the Geely… Continue reading “AI for All, All for Safety”, Geely Auto Unveils Groundbreaking Innovations for Tech and Safety at Auto Shanghai 2025

Volvo Group – the first quarter 2025

GOTHENBURG, Sweden, April 23, 2025 /PRNewswire/ — “In Q1, the Volvo Group’s net sales declined by 7% adjusted for currency movements and amounted to SEK 121.8 billion (131.2). Sales of vehicles were 9% lower than in Q1 2024 and as the quarter went by, there was increased uncertainty surrounding tariffs and their effect on global… Continue reading Volvo Group – the first quarter 2025

Volvo Lays Off Another 350 Employees at New River Valley

AB Volvo (publ) VLVLY shares have rallied 7.5% since the beginning of the year, but has continued to retrench employees to weather the storm that the Trump tariff measures have dragged the automotive industry into. On Saturday, a Volvo Trucks North America spokesperson stated that up to 350 employees at the company’s New River Valley,… Continue reading Volvo Lays Off Another 350 Employees at New River Valley