Tag: Geely

China auto market price war stokes fears of industry shake-out

Last week, China’s state planner cautioned that competition in some industries was getting too heated, with some companies even selling their cars below cost, disrupting fair competition. An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world’s largest car market. Shares of China’s largest automakers sank Monday… Continue reading China auto market price war stokes fears of industry shake-out

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VE Commercial Vehicles has entered into a partnership with EV charging solutions provider Statiq to expand charging infrastructure access for its electric truck and bus customers. The companies signed a memorandum of understanding on Tuesday to integrate Statiq’s network of over 8,000 charging points into VECV’s MyEicher fleet management application. Under the agreement, Statiq will… Continue reading VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VE Commercial Vehicles has entered into a partnership with EV charging solutions provider Statiq to expand charging infrastructure access for its electric truck and bus customers. The companies signed a memorandum of understanding on Tuesday to integrate Statiq’s network of over 8,000 charging points into VECV’s MyEicher fleet management application. Under the agreement, Statiq will… Continue reading VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

Occupant Classification System Market worth $3.95 billion in 2032 | MarketsandMarkets

DELRAY BEACH, Fla., May 28, 2025 /PRNewswire/ — The global occupant classification system market is projected to reach USD 3.95 billion in 2032 from USD 4.00 billion in 2025 at a CAGR of -0.2%, according to a new report by MarketsandMarkets. The occupant classification system (OCS) market is set for notable growth due to increasing consumer demand… Continue reading Occupant Classification System Market worth $3.95 billion in 2032 | MarketsandMarkets

CNBC Daily Open: European nations and companies reposition themselves in response to Trump tariffs

French President Emmanuel Macron at a luncheon with Vietnam’s Communist Party General Secretary To Lam at the Temple of Literature in Hanoi, Vietnam, on May 26, 2025. Chalinee Thirasupa | Afp | Getty Images ]]> Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today French President Emmanuel Macron visiting Vietnam and Swedish… Continue reading CNBC Daily Open: European nations and companies reposition themselves in response to Trump tariffs

CNBC Daily Open: Europe is already responding to Trump tariffs

France’s President Emmanuel Macron gives a press statement near the Metropole Hotel before attending a state dinner in Hanoi on May 26, 2025. Ludovic Marin | Afp | Getty Images ]]> Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today French President Emmanuel Macron visiting Vietnam and Swedish automaker Volvo Cars laying… Continue reading CNBC Daily Open: Europe is already responding to Trump tariffs

BYD Shares Extend Losses as Price Cuts Throw Spotlight on Sales

(Bloomberg) — BYD Co. shares extended losses in Hong Kong trading Tuesday — taking their two-day slide to more than 10% — as last week’s sweeping price cuts stoked concern of another wave of discounting in China’s cutthroat electric car market. Most Read from Bloomberg The stock fell as much as 4% in morning trading,… Continue reading BYD Shares Extend Losses as Price Cuts Throw Spotlight on Sales

India BEV Sales Grow 22% in Q1 2025, But Underperform Global Growth

India’s battery electric vehicle (BEV) market posted solid growth in the first quarter of 2025, with sales reaching 31,661 units, a 22% increase from 25,842 units in the same period last year. However, the country’s performance lagged behind the 42% global surge in BEV sales to 2.66 million units, driven by robust demand in markets… Continue reading India BEV Sales Grow 22% in Q1 2025, But Underperform Global Growth

DAF truck maker accused of ‘stringing out’ hauliers’ legal case for compensation

An assembly line for electric trucks in the DAF site in Eindhoven, Netherlands. Photograph: Hollandse Hoogte/Shutterstock View image in fullscreen An assembly line for electric trucks in the DAF site in Eindhoven, Netherlands. Photograph: Hollandse Hoogte/Shutterstock DAF truck maker accused of ‘stringing out’ hauliers’ legal case for compensation Lawsuit by 11,000 claimants calling for £6,000… Continue reading DAF truck maker accused of ‘stringing out’ hauliers’ legal case for compensation