Tag: Volvo

Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion

Q1 revenue was SEK 93.9 bn (SEK 95.7 bn in Q1 2023)  Q1 operating income (excl. JVs and associates) was SEK 6.8 bn (SEK 6.3 bn in Q1 2023)  Q1 EBIT margin (excl. JVs and associates) was 7.2 per cent (6.6 per cent in Q1 2023)             Q1 Basic earnings per share was SEK… Continue reading Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion

Luminar starts shipping lidar for Volvo EX90 — while readying its next-gen sensor

/ Luminar has sent out Volvo’s order of lidar units in anticipation of the start of the EX90 EV’s production. Meanwhile, a new lower-cost ‘Halo’ lidar is in the making. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in… Continue reading Luminar starts shipping lidar for Volvo EX90 — while readying its next-gen sensor

J.S. Held Celebrates Scientific and Technical Experts on World Laboratory Day

JERICHO, N.Y., April 23, 2024 /PRNewswire/ — Global consulting firm J.S. Held, proudly celebrating 50 transformative years, recognizes scientific and technical experts on World Laboratory Day.  J.S. Held scientists, researchers, investigators, engineers, technicians, and librarians leverage ten specialized laboratories spanning various disciplines. Teams of experts inside the labs and in the field drive discovery, innovation, and… Continue reading J.S. Held Celebrates Scientific and Technical Experts on World Laboratory Day

What investors should know about the UAW’s organizing drive of VW

Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT – The United Auto Workers notched a big win this weekend. Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW late Friday – marking… Continue reading What investors should know about the UAW’s organizing drive of VW

BluWheelz secures USD 1 million in bridge funding led by Venture Catalysts 

BluWheelz, a tech-enabled mid and last-mile logistics solutions company, has secured USD 1 million in bridge funding led by Venture Catalysts, with participation from FAAD, LetsVenture, and Chakra Growth Fund. Operating in 18 cities with a comprehensive fleet solution covering 2-wheelers, 3-wheelers, and 4-wheelers, BluWheelz distinguishes itself from competitors with plans to integrate 6-wheelers, pioneering… Continue reading BluWheelz secures USD 1 million in bridge funding led by Venture Catalysts 

U.S. News Announces the 2024 Best Hybrid and Electric Cars

Hyundai wins the most awards of any brand. WASHINGTON, April 22, 2024 /PRNewswire/ — U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Hybrid and Electric Cars. U.S. News evaluated 96 vehicles and named winners across 10 categories. “In an era where sustainability meets innovation, remarkable… Continue reading U.S. News Announces the 2024 Best Hybrid and Electric Cars

China’s CATL to recycle EV batteries with Volvo Car

GUANGZHOU — China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s top supplier of electric-vehicle batteries, will partner with Volvo Car Group to recycle them for industrially critical minerals. Under a deal signed Tuesday, old batteries used in Volvo Car vehicles in China will be collected and processed to extract such metals as nickel, cobalt… Continue reading China’s CATL to recycle EV batteries with Volvo Car

Smart #5 SUV primed for reveal as brand’s biggest car yet

Smart has confirmed it will preview its largest and most spacious model to date, an electric SUV called the #5, at next week’s 2024 Beijing motor show. The new model, described as moving “far beyond the urban boundaries” of original Smart models, will be unveiled in concept form prior to a start to production in… Continue reading Smart #5 SUV primed for reveal as brand’s biggest car yet