German Manager Magazine: Punitive tariffs: German car manufacturers are trembling because of the EU decision on Chinese electric cars003689

The EU additional tariffs on the import of electric cars China step despite resistance from Germany finally in force. The EU Commission passed the necessary regulation on Tuesday, according to a document. This regulation will apply from Thursday after publication in the EU Official Journal. A sufficiently large majority of EU states had previously voted… Continue reading German Manager Magazine: Punitive tariffs: German car manufacturers are trembling because of the EU decision on Chinese electric cars003689

North American Polestar owners can now use the Tesla Supercharger network

Polestar EV owners will soon have a lot more charging options. The company said on Tuesday its lineup now has access to the Tesla Supercharger network in the US and Canada. Future Polestar vehicles will adopt the NACS inlet as standard, and current owners can buy an adapter beginning today at their local Polestar Service… Continue reading North American Polestar owners can now use the Tesla Supercharger network

Volvo and Polestar EVs are now getting Tesla Supercharger access

/ NACS adapters are available to order today. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Volvo and Polestar — two Swedish car brands owned by China’s Geely… Continue reading Volvo and Polestar EVs are now getting Tesla Supercharger access

Quiq Earns Platinum Partner Status as COPC Approved Technology Provider

Recognized for a Digital Messaging Platform that Streamlines Customer Interactions and Delivers Faster, More Effective Resolutions BOZEMAN, Mont. and WINTER PARK, Fla., Oct. 29, 2024 /PRNewswire/ — Quiq, the leader in customer-centric AI for CX, and COPC Inc., announced today that Quiq has achieved Platinum Partner status in the COPC Approved Technology Provider (ATP) program. This… Continue reading Quiq Earns Platinum Partner Status as COPC Approved Technology Provider

Volvo Group and Daimler Truck to develop software-defined vehicle platform for CVs

As announced in May this year, Volvo Group and Daimler Truck intend to create a joint venture to develop a common software-defined vehicle (SDV) platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The two leading companies in the commercial vehicle industry have now signed a binding agreement to establish… Continue reading Volvo Group and Daimler Truck to develop software-defined vehicle platform for CVs

German carmakers encouraged to face competition from China

Employees of BMW Brilliance Automotive work on the production line in Shenyang, Liaoning province, in May. The Shenyang plant is BMW Group’s largest production base in the world. CHINA DAILY German Chancellor Olaf Scholz has called on German automakers not to be afraid of competition from Chinese rivals, according to Reuters. “Some say that China… Continue reading German carmakers encouraged to face competition from China

Car Deal of the Day: Volvo EX30 offers great EV range for £302 a month

Useful range Lots of kit £302 a month Volvo needed a car to compete in the incredibly tough all-electric small SUV market and what it came up with is the EX30. Even against a sea of strong rivals, it’s a great choice, and this leasing deal makes it more appealing than ever.  Advertisement – Article… Continue reading Car Deal of the Day: Volvo EX30 offers great EV range for £302 a month

Tesla shares close at highest in 13 months as post-earnings rally continues

Elon Musk attends a discussion session during the Cannes Lions International Festival Of Creativity in Cannes, France, June 19, 2024. Marc Piasecki | Getty Images A day after its sharpest rally since 2013, Tesla’s stock on Friday closed at its highest in more than a year as investors and analysts continued to applaud the electric… Continue reading Tesla shares close at highest in 13 months as post-earnings rally continues

Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California.  Mario Tama | Getty Images Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. The autonomous vehicle venture is owned… Continue reading Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

Lear Corp (LEA) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Wins

Revenue: $5.6 billion in the third quarter. Core Operating Earnings: $257 million, representing 4.6% of net sales. Adjusted Earnings Per Share: $2.89, a 1% increase. Operating Cash Flow: $183 million in the third quarter. Free Cash Flow: $51 million. Share Repurchases: $209 million worth of shares repurchased in the quarter. Dividends Paid: $43 million. Seating… Continue reading Lear Corp (LEA) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Wins