The recent global slowdown in the uptake of EVs has made several carmakers reassess their ambitious EV sales targets, and instead, announce new plans for hybrids and more efficient ICE models. This, however, doesn’t help with the optimisation of costs as carmakers who have made large investments for born-electric vehicle architectures now have to split… Continue reading Why BMW is unwilling to put all eggs in the EV basket
Tag: Volvo
VECV to supply 500 Eicher Pro 6055 LNG trucks to Baidyanath LNG
VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has signed an MOU for the deployment of 500 Eicher Pro 6055 LNG trucks with Baidyanath LNG. Union Minister of Road Transport and Highways, Nitin Gadkari flagged off Eicher Pro 6055 LNG trucks during the inauguration of the B-LNG station in Nagpur.… Continue reading VECV to supply 500 Eicher Pro 6055 LNG trucks to Baidyanath LNG
Ramkrishna Forgings wins Dana supplier award
Dana, the Ohio-based energy management solutions company, has announced its 2023 Supplier Awards recipients. Eight companies representing five countries have been recognised for displaying excellence in supporting Dana’s strategy. India’s Ramkrishna Forgings is one of the winners. This is yet another growing recognition of the global standard of made-in-India automotive components. Earlier this year, Sona Comstar… Continue reading Ramkrishna Forgings wins Dana supplier award
Tesla ramps up NACS adapter production to 8,000/week amid slow Supercharger opening
Tesla has ramped up NACS adapter production to 8,000 units per week as the opening of the Supercharger network to other automakers has greatly slowed down. In a surprising but welcomed series of events over the last two years, Tesla opened its charge connector and managed to convince the auto industry to make it the… Continue reading Tesla ramps up NACS adapter production to 8,000/week amid slow Supercharger opening
China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat
(Bloomberg) — SAIC Motor Corp.’s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political domains. Most Read from Bloomberg Of the three Chinese automakers singled out by the EU, SAIC has been subjected to an extra 36.3% tariff on the EVs… Continue reading China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat
China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat
(Bloomberg) — SAIC Motor Corp.’s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political domains. Most Read from Bloomberg Of the three Chinese automakers singled out by the EU, SAIC has been subjected to an extra 36.3% tariff on the EVs… Continue reading China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat
@Geely-Volvo: Repurchase of shares in Volvo Car AB (publ) during the period 19 August – 23 August 2024
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Clean Technica: EV Revolution News — BMW Outsells Tesla, Canadians Want Chinese Electric Cars, Mercedes PHEV003564
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Those celebrating the news that sales of electric cars are slowing somewhat might want to take a step back and see the big picture. An apt analogy might be the flat screen TV phenomenon. The first of them were… Continue reading Clean Technica: EV Revolution News — BMW Outsells Tesla, Canadians Want Chinese Electric Cars, Mercedes PHEV003564
BEV sales in Europe take the slow lane in July, BMW tops for the first time
Demand for cars in Europe increased marginally by 2% last month compared to July 2023. JATO Dynamics’ data for 28 European markets revealed that a total of 1.03 million units were sold in the region, taking the number of year-to-date new car registrations to almost 7.9 million units. Growth was particularly prominent in Poland (+19%),… Continue reading BEV sales in Europe take the slow lane in July, BMW tops for the first time
Volvo receives order for 300 electric trucks from DSV
GOTHENBURG, Sweden, Aug. 22, 2024 /PRNewswire/ — Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks… Continue reading Volvo receives order for 300 electric trucks from DSV