Industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Currently steering both the Society of Indian Automobile Manufacturers (SIAM) and Volvo Eicher Commercial Vehicles (VECV),… Continue reading India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal
Tag: Volvo
Northvolt pozyskuje 5 miliardów dolarów na rozbudowę gigafabryki o obiegu zamkniętym
Sztokholm, Szwecja – Firma Northvolt ogłosiła dzisiaj podpisanie umowy o finansowaniu rozbudowy Northvolt Ett w północnej Szwecji o wartości 5 miliardów dolarów. Transakcja stanowi największą jak dotąd zieloną pożyczkę zaciągniętą w Europie. Oprócz rozwoju produkcji katod i ogniw w Northvolt Ett, pakiet finansowy umożliwi rozbudowę sąsiadującego z nim zakładu recyklingu Revolt Ett, który zbliża się… Continue reading Northvolt pozyskuje 5 miliardów dolarów na rozbudowę gigafabryki o obiegu zamkniętym
Northvolt raises $5 billion to enable expansion of first circular gigafactory in the western world
Stockholm, Sweden – Northvolt today announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date. In addition to the expansion of Northvolt Ett’s cathode production and cell manufacturing, the finance package will enable… Continue reading Northvolt raises $5 billion to enable expansion of first circular gigafactory in the western world
How companies are responding to attacks on ships in the Red Sea
The oil major on Dec. 18 said it had temporarily paused all transits through the Red Sea. Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world’s shipping traffic, have… Continue reading How companies are responding to attacks on ships in the Red Sea
‘Don’t bet against BYD being the car company of the year in 2024’
The year just gone was the most dramatic ever for the rise and rise of newer, fresher, humbler firms with ‘can do’ attitudes. But it must be acknowledged that the door to sales success was conveniently and stupidly left wide open to these companies. For this, several longer-established, staler, sleepier, ‘more prestigious’ (or maybe not)… Continue reading ‘Don’t bet against BYD being the car company of the year in 2024’
Stellantis (STLA) Invests in Tiamat for Low-Cost Battery
The corporate venture fund of Stellantis N.V. STLA, Stellantis Venture, announced a strategic investment in Tiamat, which designs, develops and manufactures sodium-ion batteries for mobility and stationary energy storage. The sodium-ion battery has a lower cost per kilowatt-hour and is free of lithium and cobalt. Sodium is available in abundance and increases sustainability and material… Continue reading Stellantis (STLA) Invests in Tiamat for Low-Cost Battery
Volvo Group has signed an option agreement to divest Arquus
GÖTEBORG, Sweden, Jan. 15, 2024 /PRNewswire/ — Volvo Group has signed an option agreement with John Cockerill Defense which gives the Volvo Group the right to sell Arquus after mandatory consultations with staff representative bodies. The consultations are expected to be finalized in Q1 2024. As a result of the option agreement, the Volvo Group’s operating… Continue reading Volvo Group has signed an option agreement to divest Arquus
CES 2024: the top intelligent experience with Geely’s flagship electric sedan Galaxy E8
LAS VEGAS, Jan. 15, 2024 /PRNewswire/ — Leading automobile manufacturer Geely Auto brings its flagship electric sedan Galaxy E8 with partner BOE at the 2024 Consumer Electronics Show (CES). The Galaxy E8 is the first model Geely developed with Sustainable Experience Architecture (SEA), and with many new technologies that give the users the best driving experience. The… Continue reading CES 2024: the top intelligent experience with Geely’s flagship electric sedan Galaxy E8
Clean Technica: 52% Plugin Vehicle Share In The Netherlands! Tesla Model Y #1 Overall!003191
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! December was another strong month in the Dutch market for plugin vehicle sales, with 13,795 plugin registrations. This result translated into a brilliant 52% plugin vehicle (PEV) share, with 42% share from just full battery-electric vehicles (BEV). These impressive… Continue reading Clean Technica: 52% Plugin Vehicle Share In The Netherlands! Tesla Model Y #1 Overall!003191
Tesla, Volvo Car pause output as Red Sea shipping crisis deepens
BERLIN/STOCKHOLM (Reuters) — Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region. The United States and Britain launched a series of strikes on Yemen on Thursday,… Continue reading Tesla, Volvo Car pause output as Red Sea shipping crisis deepens