Geely – Page 180 – I wish I had more to offer

Kia EV9 crowned 2024 World Car of the Year and World EV

The Kia EV9 is the big winner at the 2024 World Car of the Year awards, achieving two mega wins. Revealed during a live announcement at the World Car Awards ceremony at the New York International Auto Show on March 27, the EV9 secured the titles for both the World Car of the Year and… Continue reading Kia EV9 crowned 2024 World Car of the Year and World EV

Kia EV9 crowned 2024 World Car of the Year and World EV

‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene,… Continue reading ‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port

Volvo produces its last car with a diesel engine

Volvo has produced its last ever diesel-engined car, accelerating its drive to become an electric-only brand by 2030. As confirmed by the brand, the last diesel rolled off the brand’s production line at its Torslanda plant in Sweden on 26 March. This brings an end to Volvo’s 45-year relationship with diesel engines and makes it the first major ‘legacy’… Continue reading Volvo produces its last car with a diesel engine

@Geely-Volvo: The fully electric Volvo EX30 named 2024 World Urban Car

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Europa Wire: Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles001019

Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles (IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With investments totaling EUR… Continue reading Europa Wire: Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles001019

German Manager Magazine: Electric car: BYD has to pay tribute to the price war003205

The brutal price war on the Chinese market is eating into the electric car manufacturer’s sales and profit growth BYD. In the fourth quarter, sales grew “only” by 15 percent to 180.04 billion yuan (23 billion euros), and net profit grew by 19 percent to 8.67 billion yuan, BYD announced on Tuesday. That was the… Continue reading German Manager Magazine: Electric car: BYD has to pay tribute to the price war003205

China’s BYD posts slowest quarterly profit growth in 2 years amid EV price war

Chinese electric vehicle giant BYD reported an 18.6% rise in fourth-quarter profit on Tuesday, its slowest since the first quarter of 2022, as EV sales lost momentum in the world’s biggest auto market amid a brutal price war. Net profit totalled 8.67 billion yuan ($1.20 billion) last quarter, with revenue up 15.1% at 180.04 billion yuan, according to BYD‘s stock market filing. For the whole of 2023,… Continue reading China’s BYD posts slowest quarterly profit growth in 2 years amid EV price war

Geely confirms global launch plans for Galaxy premium brand

Geely has previewed its new Galaxy E5 ahead of the electric SUV’s unveiling at the Beijing motor show next month. The five-seater is the first from Geely’s new premium brand to be developed in both left- and right-hand-drive forms, said the company. The fourth model in the newly established Galaxy line-up is expected to be positioned… Continue reading Geely confirms global launch plans for Galaxy premium brand