Volvo sold a record number of cars last year, with the firm’s sales exceeding 700,000 for the first time – and company bosses say surging demand for plug-in hybrid models mean it is on course to avoid having to pay any European Union CO2 emission penalties in 2020. The company sold 705,452 cars last year,… Continue reading Volvo: PHEV sales surge will help meet CO2 targets
Tag: Manufacturing
Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
Nikola TRE Production is expected to start in the first quarter of 2021. Stuttgart The Iveco plant in Ulm has been awarded the Nikola TRE electric truck. The company announced that now. The Nikola TRE is a battery-electric heavy-duty truck, and at the same time the first step towards the planned fuel cell truck. Iveco… Continue reading Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
@Geely: First electric van prototypes in build at LEVC
The first prototypes of the new van from London Electric Vehicle Company (LEVC) are now being built at the company’s state-of-the-art factory in Ansty, Coventry, ahead of its debut at this year’s CV show on the 28th April. Due to the advanced manufacturing flexibility of the LEVC factory, it has been possible to build these verification… Continue reading @Geely: First electric van prototypes in build at LEVC
@Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
SHANGHAI, China, Feb. 06, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with an unaffiliated Asia based investment fund (the “Purchaser”), pursuant to which NIO will issue and sell convertible notes in an… Continue reading @Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
With the 3 Millionth Vehicle Produced at Tianjin Manufacturing Base, Great Wall Motors Leads the Future with Intelligence 2020-01-04
On December 20, the 3 millionth vehicle rolled off the production line at Great Wall Motors’ Tianjin Manufacturing Base. Jin Xianghua, Deputy Director of TEDA- Tianjin Economic-Technological Development Area Management Committee, Meng Xiangjun, Vice President of Great Wall Motors, Zhang Guoxin, General Manager of Tianjin HAVAL Branch of Great Wall Motors, leaders at all levels… Continue reading With the 3 Millionth Vehicle Produced at Tianjin Manufacturing Base, Great Wall Motors Leads the Future with Intelligence 2020-01-04
Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger
MILAN/DETROIT (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it headed into a merger with France’s PSA (PEUP.PA). FILE PHOTO: A new Fiat 500 mild-hybrid car is displayed at a Fiat Chrysler event held… Continue reading Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger
NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
SHANGHAI, China, Feb. 06, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with an unaffiliated Asia based investment fund (the “Purchaser”), pursuant to which NIO will issue and sell convertible notes in an aggregate… Continue reading NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
@Hyundai: From The Carbon Economy To The Hydrogen Economy
Jeremy Rifkin, an American futurist, envisions the dawn of a new economy powered by hydrogen that will fundamentally change the nature of our market, political and social institutions, just as coal and steam power did at the beginning of the industrial age (The Hydrogen Economy, 2017.) How far have we come? Shift to The Hydrogen… Continue reading @Hyundai: From The Carbon Economy To The Hydrogen Economy
FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks
DETROIT, Feb 6 (Reuters) – Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles’s European plants within two to four weeks, Chief Executive Mike Manley told Reuters. FCA so far has not reported production shutdowns at plants outside China related to the… Continue reading FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks
Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
The video shares the name of the Lucid Air’s launch edition, as well as several key design elements. Designated the “Dream Edition,” launch versions of the Lucid Air will be available in three colors, including a special color only available on Dream Edition cars. A hint of that color is shown in the video along with… Continue reading Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video