It may not come as a surprise to us when we hear and read about road accidents in India. India has the highest number of total persons killed due to road accidents, followed by China and the United States as per the World Road Statistics, 2022 published by the International Road Federation. A total number… Continue reading Why Seatbelts are Non-Negotiable
Tag: Volvo
Westport and Volvo Group Announce Closing of the Joint Venture
Working Together to Accelerate the Commercialization and Global Adoption of Westport’s HPDI™ Fuel System Technology for Long-Haul and Off-Road Applications VANCOUVER, BC, June 3, 2024 /PRNewswire/ – Volvo Group (“Volvo”) and Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT) today announced the closing and launch of their previously announced joint venture transaction. The… Continue reading Westport and Volvo Group Announce Closing of the Joint Venture
Westport and Volvo Group Announce Closing of the Joint Venture
Working Together to Accelerate the Commercialization and Global Adoption of Westport’s HPDI™ Fuel System Technology for Long-Haul and Off-Road Applications VANCOUVER, BC, June 3, 2024 /PRNewswire/ — Volvo Group (“Volvo”) and Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT) today announced the closing and launch of their previously announced joint venture transaction.… Continue reading Westport and Volvo Group Announce Closing of the Joint Venture
Chinese EV brand NIO’s power solutions arm raises $207m strategic financingNio Power plans to further expand its network of EV charging and battery sw…
Nio Power, a subsidiary of the publicly-listed Chinese electric vehicle (EV) maker NIO, has secured 1.5 billion yuan ($207 million) in strategic financing to fuel the growth of its network of charging and battery-swapping facilities. Headquartered in Wuhan, Nio Power raised the new financing from Wuhan Guangchuang Fund, an equity investment vehicle set up by… Continue reading Chinese EV brand NIO’s power solutions arm raises $207m strategic financingNio Power plans to further expand its network of EV charging and battery sw…
Sweden’s greatest hits: Exploring the World of Volvo museum
Volvo L248 (1939-1954) Known as the Roundnose, the L248 drew inspiration from American, British and German trucks, and was the first Volvo commercial vehicle to differ significantly from the cars in terms of design. Its 99bhp diesel engine helped it become a popular hauler, and Volvo’s first sales smash. Volvo White Bus (1945) Currently located… Continue reading Sweden’s greatest hits: Exploring the World of Volvo museum
Electric car and SUV OEMs sell 6,300 units in May, down 18%
After a good opening month of FY2025 which saw retail sales of 6,943 electric passenger vehicles, up 28% YoY (April 2023: 5,412 units), demand was tepid in the scorching month of May 2024. Total retails last month, as per Vahan data for light motor vehicles, as of June 1 morning, were 6,311 units, down 18%… Continue reading Electric car and SUV OEMs sell 6,300 units in May, down 18%
Electric car and SUV OEMs sell 6,300 units in May, down 18%
After a good opening month of FY2025 which saw retail sales of 6,943 electric passenger vehicles, up 28% YoY (April 2023: 5,412 units), demand was tepid in the scorching month of May 2024. Total retails last month, as per Vahan data for light motor vehicles, as of June 1 morning, were 6,311 units, down 18%… Continue reading Electric car and SUV OEMs sell 6,300 units in May, down 18%
Renault Group: Renault Group and Geely announce the creation of leading Powertrain Technology Company, “HORSE Powertrain Limited”
Renault Group and Geely announce the creation of leading Powertrain Technology Company, “HORSE Powertrain Limited” Following the agreements signed on July 11, 2023 by Renault Group and Geely, and after having obtained the approval of the relevant authorities, HORSE Powertrain Limited has been officially created on May 31, 2024 with each group holding 50% stake… Continue reading Renault Group: Renault Group and Geely announce the creation of leading Powertrain Technology Company, “HORSE Powertrain Limited”
Renault Group : Renault Group et Geely créent “HORSE Powertrain Limited”, entreprise leader des moteurs et transmissions
Renault Group et Geely créent “HORSE Powertrain Limited”, entreprise leader des moteurs et transmissions À la suite des accords signés le 11 juillet 2023 par Renault Group et Geely, et après l’approbation des autorités compétentes, HORSE Powertrain Limited a été officiellement créée le 31 mai 2024, chaque groupe détenant une participation de 50 %. La… Continue reading Renault Group : Renault Group et Geely créent “HORSE Powertrain Limited”, entreprise leader des moteurs et transmissions
Truck Market Size in Vietnam is set to grow by USD 1.50 billion from 2024-2028, Rise in industrialization and urbanization of Vietnam economy to boost the market growth, Technavio
NEW YORK, May 31, 2024 /PRNewswire/ — The truck market size in Vietnam is estimated to grow by USD 1.50 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.05% during the forecast period. For more insights on the forecast market size and historic data (2018 – 2022) – Download Free sample… Continue reading Truck Market Size in Vietnam is set to grow by USD 1.50 billion from 2024-2028, Rise in industrialization and urbanization of Vietnam economy to boost the market growth, Technavio