Dear reader, It’s hard to believe: There’s a car industry meeting taking place in Wolfsburg at which Volkswagen is the patron, but not directly in the foreground. “Crisis” is probably a term you hear more often at the International Suppliers Fair. After all, many car suppliers are in deep trouble. The European Vehicle Suppliers Association… Continue reading German Manager Magazine: News about BYD, Daimler Truck, Porsche, ZF, Volkswagen – in the newsletter “manage:mobility”003674
Tag: Geely
@Geely: Global News Thu 24 Oct 2024Your Next Uber Could Be One Of The World’s Most Luxurious Electric Cars
A fleet of ultra-luxurious Lotus Eletre, the company’s all-electric Hyper-SUV, will join Uber for a limited time in London – available to passengers who select Uber Green. Almost 30% of Uber’s miles in London are now fully electric. The Uber rider who saves the most emissions by the end of November by taking fully electric… Continue reading @Geely: Global News Thu 24 Oct 2024Your Next Uber Could Be One Of The World’s Most Luxurious Electric Cars
Tesla shares jump 10% on profit beat as company benefits from environmental credits
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. Here’s what the company reported compared with what Wall Street… Continue reading Tesla shares jump 10% on profit beat as company benefits from environmental credits
Rivian factory workers are reportedly getting seriously injured on the job
EV maker Rivian’s Normal, Illinois factory has racked up 16 serious violations in 21 months from the Occupational Safety and Health Administration (OSHA), as reported by Bloomberg. Some of the injuries workers suffered include an amputated finger, vomiting “Rivian blue” bile after painting without protection, a cracked skull and a severe back laceration. The EV… Continue reading Rivian factory workers are reportedly getting seriously injured on the job
Volvo considering EX30 sales ramp-up outside of EU as tariffs hit
Incoming European Union import tariff rises mean Volvo is considering shifting supply of its Chinese-built EX30 to non-EU markets, such as the UK, while it readies its Belgium factory to take over local market production early next year. The crossover is currently the third best-selling electric car in Europe behind the Tesla Model 3 and Tesla Model… Continue reading Volvo considering EX30 sales ramp-up outside of EU as tariffs hit
China Carmakers to Double Overseas Capacity to Beat Tariffs
(Bloomberg) — Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF. Most Read from Bloomberg Exports and knockdown assembly — where key parts of cars are made in China then shipped overseas for assembly — have traditionally been… Continue reading China Carmakers to Double Overseas Capacity to Beat Tariffs
@Geely-Volvo: Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
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Volvo slashes sales guidance as it warns industry remains ‘under pressure’
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Volvo slashes sales guidance as it warns industry remains ‘under pressure’
Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
Q3 operating profit (excl. JVs and associates) was SEK 5.7 bn, vs SEK 6.1 bn in Q3 2023 Q3 operating profit was 5.8 bn SEK, vs SEK 4.5 bn in Q3 2023 Q3 EBIT margin (excl. JVs and associates) was 6.2 per cent, vs 6.7 per cent in Q3 2023 Q3 EBIT margin was 6.2… Continue reading Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
Clean Technica: 53% Of Car Sales in China Are Now Plugins! Full Report003677
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring a new record, a little more than 1.1 million sales (in a 2.1-million-unit overall market). That’s up 51% year over year (YoY), compared to the overall… Continue reading Clean Technica: 53% Of Car Sales in China Are Now Plugins! Full Report003677