Tag: Geely

German Manager Magazine: Car sales in Europe: Highest level in five years reached003439

The car market in Europe continued to make up ground in June. With an increase of a good 4 percent, new car sales reached their highest level in almost five years, according to data from the manufacturers’ association ACEA. In the first half of the year, 5.7 million new cars came onto the roads in… Continue reading German Manager Magazine: Car sales in Europe: Highest level in five years reached003439

Is Volvo about to out-Lotus Lotus?

A fews week ago I was in Austria to have a go in the Lotus Emeya – an electric super-saloon with as much as 904bhp and a good dollop more interior space than you get in the Porsche Taycan, especially in the back. If you can make peace with the fact that it’s a Lotus that treads… Continue reading Is Volvo about to out-Lotus Lotus?

Smart Roadster comeback on cards as brand expands line-up

Smart is considering an electric revival of the Roadster sports car, which it made from 2002 to 2005, once it has launched a range of more mainstream electric cars. The brand now sells the #1 and #3 SUVs in Europe and will bring the larger #5 SUV to the market next year while it works to enhance… Continue reading Smart Roadster comeback on cards as brand expands line-up

Vanna AI wins Paddle’s 2024 AI Launchpad with its AI business intelligence assistant

Vanna AI was selected the winner of Paddle’s AI Launchpad by a panel of judges during the program’s demo day on Tuesday 9th July As well as gaining valuable insights and connections from the six-week program, the company also wins its $20k cash prize  Paddle launched its first AI Launchpad in 2023, with Virtual Staging… Continue reading Vanna AI wins Paddle’s 2024 AI Launchpad with its AI business intelligence assistant

Volvo Group – the second quarter 2024

GOTHENBURG, Sweden, July 18, 2024 /PRNewswire/ — “During Q2 2024, the Volvo Group delivered good profitability as demand in many markets continued to normalize compared with the high levels of 2023. Net sales amounted to SEK 140.2 billion, which adjusted for currency changes was on the same level as in the prior year. The adjusted operating… Continue reading Volvo Group – the second quarter 2024

German FAZ: With heart and wood and history007287

BMW is proud of its BMW World in Munich, and the Porsche and Mercedes-Benz Museums attract car-loving guests to Stuttgart. Now Volvo also has its own brand world in Gothenburg. The “World of Volvo” opened its doors to visitors for the first time on April 14th this year, exactly ninety-seven years after the first Volvo… Continue reading German FAZ: With heart and wood and history007287

EV Roundup: BYDDY’s Acquisition of Rever & LCID’s Recalls Draw Attention

Last week, the Biden administration announced its decision to award nearly $2 billion in grants to boost electric vehicle (EV) manufacturing and assembly across eight states, including key battlegrounds in Michigan, Pennsylvania and Georgia. General Motors will receive $500 million to convert a Lansing, MI plant for EV production, supporting a U.S. battery supply chain.… Continue reading EV Roundup: BYDDY’s Acquisition of Rever & LCID’s Recalls Draw Attention

European autos, clean energy feel the pinch of Trump 2.0 bets

Barclays has forecast a 20% U.S. tariff on European carmakers could hurt the euro. Volvo Car, Mercedes and part suppliers Forvia and Valeo fell between 1.6 and 3.3%. A sell-off in the shares of some European carmakers and renewable energy firms entered a second day on Tuesday on growing concerns over potential U.S. policy risks… Continue reading European autos, clean energy feel the pinch of Trump 2.0 bets

EU countries divided on Chinese EV tariffs in vote

The Commission is expected to take this into account when deciding whether to follow up with definitive duties in what is the EU’s highest profile trade case yet. European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with… Continue reading EU countries divided on Chinese EV tariffs in vote