Back in 2018, your correspondent spent an eye-opening two days at the Guangdong International Circuit near Guangzhou testing and judging 23 different Chinese cars as part of a Car of the Year test organised by local media. It was memorable for all kinds of weird and wonderful reasons, the quality of the cars on show… Continue reading The Chinese cars you’ve not seen before – driven
Tag: Geely
Westport and Volvo Group Announce Closing of the Joint Venture
Working Together to Accelerate the Commercialization and Global Adoption of Westport’s HPDI™ Fuel System Technology for Long-Haul and Off-Road Applications VANCOUVER, BC, June 3, 2024 /PRNewswire/ – Volvo Group (“Volvo”) and Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT) today announced the closing and launch of their previously announced joint venture transaction. The… Continue reading Westport and Volvo Group Announce Closing of the Joint Venture
Westport and Volvo Group Announce Closing of the Joint Venture
Working Together to Accelerate the Commercialization and Global Adoption of Westport’s HPDI™ Fuel System Technology for Long-Haul and Off-Road Applications VANCOUVER, BC, June 3, 2024 /PRNewswire/ — Volvo Group (“Volvo”) and Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (Nasdaq: WPRT) today announced the closing and launch of their previously announced joint venture transaction.… Continue reading Westport and Volvo Group Announce Closing of the Joint Venture
Chinese EV brand NIO’s power solutions arm raises $207m strategic financingNio Power plans to further expand its network of EV charging and battery sw…
Nio Power, a subsidiary of the publicly-listed Chinese electric vehicle (EV) maker NIO, has secured 1.5 billion yuan ($207 million) in strategic financing to fuel the growth of its network of charging and battery-swapping facilities. Headquartered in Wuhan, Nio Power raised the new financing from Wuhan Guangchuang Fund, an equity investment vehicle set up by… Continue reading Chinese EV brand NIO’s power solutions arm raises $207m strategic financingNio Power plans to further expand its network of EV charging and battery sw…
Sweden’s greatest hits: Exploring the World of Volvo museum
Volvo L248 (1939-1954) Known as the Roundnose, the L248 drew inspiration from American, British and German trucks, and was the first Volvo commercial vehicle to differ significantly from the cars in terms of design. Its 99bhp diesel engine helped it become a popular hauler, and Volvo’s first sales smash. Volvo White Bus (1945) Currently located… Continue reading Sweden’s greatest hits: Exploring the World of Volvo museum
@Nio: NIO Inc. Provides May 2024 Delivery Update000671
NIO delivered 20,544 vehicles in May 2024, increasing by 233.8% year-over-year NIO delivered 66,217 vehicles year-to-date in 2024, increasing by 51.0% year-over-year Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024 SHANGHAI, June 01, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and… Continue reading @Nio: NIO Inc. Provides May 2024 Delivery Update000671
NIO Inc. Provides May 2024 Delivery Update
Company Achieved New Record-High Monthly Deliveries NIO delivered 20,544 vehicles in May 2024, increasing by 233.8% year-over-year NIO delivered 66,217 vehicles year-to-date in 2024, increasing by 51.0% year-over-year Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024 SHANGHAI, June 01, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO”… Continue reading NIO Inc. Provides May 2024 Delivery Update
Electric car and SUV OEMs sell 6,300 units in May, down 18%
After a good opening month of FY2025 which saw retail sales of 6,943 electric passenger vehicles, up 28% YoY (April 2023: 5,412 units), demand was tepid in the scorching month of May 2024. Total retails last month, as per Vahan data for light motor vehicles, as of June 1 morning, were 6,311 units, down 18%… Continue reading Electric car and SUV OEMs sell 6,300 units in May, down 18%
Electric car and SUV OEMs sell 6,300 units in May, down 18%
After a good opening month of FY2025 which saw retail sales of 6,943 electric passenger vehicles, up 28% YoY (April 2023: 5,412 units), demand was tepid in the scorching month of May 2024. Total retails last month, as per Vahan data for light motor vehicles, as of June 1 morning, were 6,311 units, down 18%… Continue reading Electric car and SUV OEMs sell 6,300 units in May, down 18%
Renault and Geely join in hybrid and combustion venture
(Reuters) — French automaker Renault and Chinese partner Geely on Friday announced a highly anticipated joint venture to develop combustion and hybrid engines, hoping to improve the competitiveness of their legacy auto businesses. The venture will work on developing more efficient gasoline engines and hybrid systems, as rival automakers ramp up investment in low-emission powertrains… Continue reading Renault and Geely join in hybrid and combustion venture