Tata selects Somerset site as location for UK battery factory

Europe’s largest EV battery factory will be located in Bridgewater, Somerset, owner Tata Group has confirmed on February 27, with construction to begin imminently ahead of battery production starting in 2026. The £4 billion facility, backed by £500 million of UK government funding, will be located at the 620-acre Gravity Smart Campus, the site of… Continue reading Tata selects Somerset site as location for UK battery factory

Tata selects Somerset site as location for UK battery factory

Europe’s largest EV battery factory will be located in Bridgewater, Somerset, owner Tata Group has confirmed on February 27, with construction to begin imminently ahead of battery production starting in 2026. The £4 billion facility, backed by £500 million of UK government funding, will be located at the 620-acre Gravity Smart Campus, the site of… Continue reading Tata selects Somerset site as location for UK battery factory

Volvo Car India expects 33% of its sales to be EVs in 2024

Having been on fringes in the mainstream luxury car space, Swedish carmaker Volvo Cars India is looking to capitalise on the strong acceptance for electric vehicles at the top end of the market. In a nascent yet fast growing EV market, with just two electric vehicles – XC40 and C40, Volvo Car India was the… Continue reading Volvo Car India expects 33% of its sales to be EVs in 2024

Volvo Car India expects 33% of its sales to be EVs in 2024

Having been on fringes in the mainstream luxury car space, Swedish carmaker Volvo Cars India is looking to capitalise on the strong acceptance for electric vehicles at the top end of the market. In a nascent yet fast growing EV market, with just two electric vehicles – XC40 and C40, Volvo Car India was the… Continue reading Volvo Car India expects 33% of its sales to be EVs in 2024

Clean Technica: Geely & AITO (Who?!?!) Shine In China — In Rising 18% Market Share In January003257

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! After the December sales peak, the year started with an expected sales slump, but smaller than expected, with numbers almost doubling compared to last year. Although, January 2023 had a lot going against it (a covid surge, the end… Continue reading Clean Technica: Geely & AITO (Who?!?!) Shine In China — In Rising 18% Market Share In January003257

Volvo Cars India expects 33% of its sales to be EVs in 2024

Having been on fringes in the mainstream luxury car space, Swedish carmaker Volvo Cars India is looking to capitalise on the strong acceptance for electric vehicles at the top end of the market. In a nascent yet fast growing EV market, with just two electric vehicles – XC40 and C40, Volvo Car India was the… Continue reading Volvo Cars India expects 33% of its sales to be EVs in 2024

Volvo Cars India expects 33% of its sales to be EVs in 2024

Having been on fringes in the mainstream luxury car space, Swedish carmaker Volvo Cars India is looking to capitalise on the strong acceptance for electric vehicles at the top end of the market. In a nascent yet fast growing EV market, with just two electric vehicles – XC40 and C40, Volvo Car India was the… Continue reading Volvo Cars India expects 33% of its sales to be EVs in 2024

Volvo Car India realigns management team to bolster fully electric goal by 2030

Volvo Car India has undergone a strategic talent initiative with realignment of its Management Team and critical roles in the organisation structure over the past few months, as it moves towards its growth ambition of becoming fully electric by 2030 and a leader in the direct-to-consumer online sales. “The Management Team restructure underscores Volvo Car India’s commitment… Continue reading Volvo Car India realigns management team to bolster fully electric goal by 2030

@Geely: Global News Sat 24 Feb 2024Lotus Technology Celebrates Public Listing On Nasdaq

New York and Singapore – February 23, 2024  Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, rang today’s opening bell at the Nasdaq stock exchange in New York City in celebration of its public listing. The Company’s American depositary shares (“ADSs”) commenced trading today on the Nasdaq Stock Market… Continue reading @Geely: Global News Sat 24 Feb 2024Lotus Technology Celebrates Public Listing On Nasdaq

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

Shares of Lotus Technology closed up 2% in their Nasdaq debut on Friday, recouping earlier losses, after the luxury electric car maker completed its merger with a blank-check acquisition company backed by private equity firm L Catterton. The American Depositary Shares began trading with the new ticker “LOT” and ended at $13.80 after falling as low as… Continue reading EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger