VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, reported a 7.3% year-on-year growth in sales in November. The company sold 5,574 units during the month, compared to 5,194 units in November 2023, supported by robust performance across its Eicher and Volvo product lines. The Eicher brand, which forms the… Continue reading VE Commercial Vehicles posts 7.3% growth in November sales
Tag: Geely
Norway breaks another EV record, nearly completing its EV transition
Photo by Maryan Ivasyk on Unsplash More good news from EV mecca Norway, with November numbers showing more than 10,000 EVs were newly registered, bringing its tally to a truly impressive 93.6% of all new car registrations, showing that its EV transition is almost complete. November saw 10,940 new EV registrations, with EVs pretty much… Continue reading Norway breaks another EV record, nearly completing its EV transition
Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule
BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid growth and strong market demand… Continue reading Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule
Aramco completes acquisition of 10% stake in Horse Powertrain Limited
Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each retain a 45% equity stake in Horse Powertrain The investment solidifies a… Continue reading Aramco completes acquisition of 10% stake in Horse Powertrain Limited
Aramco completes acquisition of 10% stake in Horse Powertrain Limited
Aramco completes acquisition of 10% stake in Horse Powertrain Limited Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each… Continue reading Aramco completes acquisition of 10% stake in Horse Powertrain Limited
Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited
Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited À la suite de la signature d’accords définitifs le 28 juin 2024, Aramco a finalisé l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited (« Horse Powertrain »), valorisant la société à 7,4 milliards d’euros Renault Group et Geely (par… Continue reading Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited
@Geely: Kandi Technologies Appoints New CEO for SC Autosports
JINHUA, CHINA, Dec. 02, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced that, following a thorough review and decision by its management team, Mr. Bin Yu has been appointed Chief Executive Officer (CEO) of SC Autosports… Continue reading @Geely: Kandi Technologies Appoints New CEO for SC Autosports
@Renault: Aramco completes acquisition of 10% stake in Horse Powertrain Limited000674
Aramco completes acquisition of 10% stake in Horse Powertrain Limited Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each… Continue reading @Renault: Aramco completes acquisition of 10% stake in Horse Powertrain Limited000674
@Renault: Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited000673
Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited À la suite de la signature d’accords définitifs le 28 juin 2024, Aramco a finalisé l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited (« Horse Powertrain »), valorisant la société à 7,4 milliards d’euros Renault Group et Geely (par… Continue reading @Renault: Aramco finalise l’acquisition d’une participation de 10 % au capital de Horse Powertrain Limited000673
ZEEKR Announces November 2024 Delivery Update
HANGZHOU, China, Dec. 1, 2024 /PRNewswire/ — ZEEKR Intelligent Technology Holding Limited (“ZEEKR” or the “Company”) (NYSE: ZK), a global premium electric mobility technology company, today announced its delivery results for November 2024. ZEEKR delivered 27,011 vehicles in November 2024, a 106% year-over-year increase. Year-to-date, ZEEKR has delivered 194,933 vehicles in 2024, representing 85% growth… Continue reading ZEEKR Announces November 2024 Delivery Update