Tag: Geely

The new Lotus Emeya “Hyper-GT” is fast and fun but…

The Lotus Emeya R is an all-electric, four-door saloon with a six-figure list price and a 0-to-60mph time of 2.78 seconds. It’s got adaptive air suspension, autonomous driving capability and an interior festooned with technology, including Shiatsu-like seat massagers. A massive battery pack promises this 2,585kg car will go 270 miles on a single charge. … Continue reading The new Lotus Emeya “Hyper-GT” is fast and fun but…

Volvo Group completes divestment of Arquus

GOTHENBURG, Sweden, July 2, 2024 /PRNewswire/ — Volvo Group has today completed the divestment of Arquus to John Cockerill Defense according to the previously announced option agreement. Arquus manufactures and sells specially designed vehicles to defense forces and employs about 1,200 employees in France. In 2023, Arquus represented approximately 1 % of Volvo Group revenues. The… Continue reading Volvo Group completes divestment of Arquus

Aramco to acquire 10% stake in Renault and Geely powertrain JV

Aramco, one of the world’s leading integrated energy and chemicals companies, through a wholly owned subsidiary has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain, the new global powertrain solutions company, alongside Renault Group, Zhejiang Geely Holding Group, and Geely Automobile Holdings. HORSE Powertrain was formed on May 31, 2024, by… Continue reading Aramco to acquire 10% stake in Renault and Geely powertrain JV

Volvo takes EX30 off sale as owners refunded over software issues

The Volvo EX30 has been taken off sale while the Swedish brand scrambles to fix serious software issues that has resulted in some owners handing their cars back. These issues, owners have told Autocar, range from screens going black and steering-wheel buttons not responding to cars not charging and even emergency braking systems randomly activating. Owners have… Continue reading Volvo takes EX30 off sale as owners refunded over software issues

German FAZ: With heart and wood and history007186

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 history007186

Life after Funky Cat: How China’s Great Wall will crack Europe

The Chinese car market is the biggest in the world. Last year alone more than 30 million of them were registered – three times the number in Europe. That’s not a surprise, of course: it’s why European firms have long flocked to China to sell their wares. What might be news, though, is that China is… Continue reading Life after Funky Cat: How China’s Great Wall will crack Europe

Aramco to buy 10% stake in Renault-Geely thermal engines venture

Renault CEO Luca de Meo described the deal in a statement as creating a “dream team” that would “reinvent” the future of combustion-engine and hybrid technologies. Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing… Continue reading Aramco to buy 10% stake in Renault-Geely thermal engines venture

Clean Technica: Portugal Has 28% Plugin Vehicle Share — Market Share Report003483

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Tesla #1 and #2 Lead in PHEV-Heavy Market After previously checking out Spain, we turn west, to its Iberian neighbor, Portugal, for a new EV sales report. As a Southern European market with low purchase power, one would think… Continue reading Clean Technica: Portugal Has 28% Plugin Vehicle Share — Market Share Report003483

Volvo Car India launches The Reverse Project

Volvo Car India announced the launch of its ambitious Reverse Project that aims at reversing the environmental damage through planting trees commensurate to the mileage done on EV cars of any brand. The company has joined forces with ASSOCHAM in planting 10,000 trees, thereby converting an urban dump yard in Ghaziabad, Uttar Pradesh into a… Continue reading Volvo Car India launches The Reverse Project