Volvo Cars reports second consecutive year of record sales, revenue and profits in 2024, anticipates challenging 2025

GOTHENBURG, Sweden, Feb. 6, 2025 /PRNewswire/ — Full Year 2024 2024 revenue was SEK 400.2 bn (SEK 399.3 bn in 2023) 2024 operating income (excl. JVs and associates) was SEK 27.0 bn (SEK 25.6 bn in 2023) 2024 operating income was SEK 22.3 bn (SEK 19.9 bn in 2023) 2024 EBIT margin (excl. JVs and… Continue reading Volvo Cars reports second consecutive year of record sales, revenue and profits in 2024, anticipates challenging 2025

Clean Technica: World EV Sales Report — 17.2 Million Plugins Were Sold in 2024!003843

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Tesla Model Y was #1 again, in a year that saw plugins reach 22% share of the global market. The last months of 2024 brought a record-fest for world plugin vehicle sales, and December was one of them,… Continue reading Clean Technica: World EV Sales Report — 17.2 Million Plugins Were Sold in 2024!003843

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

2024 Lincoln Nautilus  Ford DETROIT — President Donald Trump‘s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion… Continue reading Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

Reddit TSLA group moves to fire Elon, Tesla insurance discounts, and big solar

On today’s episode of Quick Charge, we look at a group of $TSLA shareholders on Reddit who want Elon Musk fired as CEO of Tesla – and they’re using his own public words against him. Plus the new Model Y arrives in US showrooms and FSD users can get a break on insurance. Plus the Volvo… Continue reading Reddit TSLA group moves to fire Elon, Tesla insurance discounts, and big solar

Trump’s Plan to Make European Cars More Expensive Has a Fatal Flaw

President Trump wants Americans to buy fewer European cars and Europeans to buy more American cars. To speed his pipe dream along, on Sunday night he said that new tariffs on EU companies would “definitely happen.” (The ones he announced on Mexico and Canada have been stayed for now.) His threat of 25 percent tariffs… Continue reading Trump’s Plan to Make European Cars More Expensive Has a Fatal Flaw

Waabi and Volvo team up to build self-driving trucks at scale

Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch.  The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to… Continue reading Waabi and Volvo team up to build self-driving trucks at scale

Truck Market in Vietnam to Grow by USD 1.50 Billion (2024-2028), Boosted by Industrialization and Urbanization of Economy, AI Driving Market Transformation – Technavio

NEW YORK, Feb. 4, 2025 /PRNewswire/ — Report with the AI impact on market trends – The Truck market in Vietnam size is estimated to grow by USD 1.50 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.05%  during the forecast period. Rise in industrialization and urbanization of Vietnam… Continue reading Truck Market in Vietnam to Grow by USD 1.50 Billion (2024-2028), Boosted by Industrialization and Urbanization of Economy, AI Driving Market Transformation – Technavio