Electric PV sales soar to 79,550 units in first 11 months of FY2024

The rise in sales of electric passenger vehicles is now quite apparent as in the growing number of green-number-plated cars, SUVs and MPVs seen on Indian roads. Growing awareness about EVs, increased choice as a result of EV manufacturers launching new products, improving charging infrastructure particularly in urban India and the lure of a wallet-… Continue reading Electric PV sales soar to 79,550 units in first 11 months of FY2024

Electric PV sales soar to 79,550 units in first 11 months of FY2024

The rise in sales of electric passenger vehicles is now quite apparent as in the growing number of green-number-plated cars, SUVs and MPVs seen on Indian roads. Growing awareness about EVs, increased choice as a result of EV manufacturers launching new products, improving charging infrastructure particularly in urban India and the lure of a wallet-… Continue reading Electric PV sales soar to 79,550 units in first 11 months of FY2024

Cleantechnica: 100% Electric Vehicles = 12% Of New Car Sales In Europe In January 003264

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The European passenger plugin vehicle market scored 199,000 registrations in January. Positively, BEVs (+29%) continued to grow despite the drop in EV incentives in a number of markets. Plugin hybrids (PHEVs) were also on the way up, growing by… Continue reading Cleantechnica: 100% Electric Vehicles = 12% Of New Car Sales In Europe In January 003264

Martinrea International Inc. Reports Record Annual Sales and Free Cash Flow, Announces Dividend

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the fourth quarter and year ended December 31, 2023, and declared… Continue reading Martinrea International Inc. Reports Record Annual Sales and Free Cash Flow, Announces Dividend

Global Dump Trucks & Mining Trucks Industry Analysis Report 2023-2030 Featuring Caterpillar, CNH Industrial, Deere & Co, Doosan, Hitachi, Komatsu, Volvo, and XCMG

DUBLIN, Feb. 29, 2024 /PRNewswire/ — The “Dump Trucks & Mining Trucks Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis” report has been added to  ResearchAndMarkets.com’s offering. Global Dump Trucks & Mining Trucks Market is forecasted to be valued at around $86.41 Billion by 2030 from $50.39 Billion in… Continue reading Global Dump Trucks & Mining Trucks Industry Analysis Report 2023-2030 Featuring Caterpillar, CNH Industrial, Deere & Co, Doosan, Hitachi, Komatsu, Volvo, and XCMG

Tesla announces new automakers getting access to Superchargers soon

Tesla announces four new automakers getting access to Superchargers in “Spring 2024” following the onboarding of Ford EV drivers. Today, Ford and Tesla announced that Ford EV owners now have access to over 15,000 Superchargers in North America. Ford was the first to sign a deal with Tesla to adopt NACS, Tesla’s own charge connector… Continue reading Tesla announces new automakers getting access to Superchargers soon

AB Volvo publishes Annual Report 2023

Volvo Group today published the Annual Report for 2023 on www.volvogroup.com. GOTHENBURG, Sweden, Feb. 29, 2024 /PRNewswire/ — “During 2023 dedicated colleagues across the Volvo Group worked hard to keep our customer commitments and reduce the lead times as we delivered from the backlogs of vehicles and machines that have been extended since the pandemic.… Continue reading AB Volvo publishes Annual Report 2023

Geely-backed EV maker Polestar secures $950m via debt financing

Swedish luxury electric vehicle (EV) maker Polestar has secured a $950-million three-year syndicated loan facility from 12 international banks, as the firm eyes cashflow breakeven next year, according to a company release on Wednesday.  The syndicate of global banks that joined the debt financing round include BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC, and SPDB.… Continue reading Geely-backed EV maker Polestar secures $950m via debt financing

Stoneridge Reports Fourth Quarter 2023 Results

Achieves Q4 Sequential EPS Improvement In Line with Prior Expectations Establishes 2024 Midpoint Revenue Guidance of $1 Billion And Midpoint EBITDA of $67 Million (Midpoint EBITDA Margin Expansion Of 170 Basis Points vs. 2023) Maintains 2027 Long-Term Target and Establishes 2028 Revenue Target of $1.35 – $1.55 Billion and EBITDA Margin Target of 12.0% –… Continue reading Stoneridge Reports Fourth Quarter 2023 Results