Geely – Page 190 – I wish I had more to offer

Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

(Bloomberg) — Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected. Most Read from Bloomberg Short interest in BYD’s Hong Kong-listed shares has dropped to 1.4% as of Aug. 21 from a high of 7.7%… Continue reading Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

Monterrey selected as site for new North American heavy-duty truck plant

GOTHENBURG, Sweden, Aug. 23, 2024 /PRNewswire/ — The Volvo Group will build its new Mexican heavy-duty truck manufacturing plant in Monterrey. As announced on April 11, the plant will supplement the Group’s U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets,… Continue reading Monterrey selected as site for new North American heavy-duty truck plant

Volvo bags order for 300 electric trucks from logistics company DSV

Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks in Europe. The new trucks being supplied… Continue reading Volvo bags order for 300 electric trucks from logistics company DSV

Volvo bags order for 300 electric trucks from logistics company DSV

GM-owned Cruise will partner with Uber to offer driverless rides

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The… Continue reading GM-owned Cruise will partner with Uber to offer driverless rides

Refreshed Volvo XC90 hybrid debuts Sept. 4

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China auto association slams unfair EU tariffs on EVs

A SAIC model is driven into a cargo ship headed to Europe. [Photo provided to chinadaily.com.cn] BEIJING – The China Association of Automobile Manufacturers (CAAM) on Wednesday expressed strong dissatisfaction and firm opposition to the European Commission’s plan to slap hefty import duties on Chinese electric vehicles (EVs). Last month, the commission imposed provisional additional… Continue reading China auto association slams unfair EU tariffs on EVs

German FAZ: Brussels adjusts tariffs on Chinese electric cars007485

The European Commission is pushing ahead with the imposition of special tariffs on imports of electric cars from China despite ongoing negotiations with the Chinese government. However, she wants to adjust the rates of the temporary special tariffs imposed at the beginning of July. Tesla in particular and, to a lesser extent, the German manufacturers… Continue reading German FAZ: Brussels adjusts tariffs on Chinese electric cars007485

Volvo receives order for 300 electric trucks from DSV

Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks in Europe. DSV and its contractors, together with… Continue reading Volvo receives order for 300 electric trucks from DSV

Nio steps up swapping network rollout

Nio battery swapping station Chinese battery electric vehicle (BEV) startup Nio Inc has announced it is stepping up the expansion of its battery-swapping network in China, with an additional 900 automated stations to be built this year. The move comes as more BEVs are coming onto the market featuring new-generation permanent batteries that offer extended… Continue reading Nio steps up swapping network rollout