Lotus Tech’s American Depositary Shares to Begin Trading on the Nasdaq on February 23, 2024, under Ticker Symbol “LOT” New York and Singapore – February 20, 2024 Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp (“LCAA”) (NASDAQ: LCAA), a special purpose acquisition company… Continue reading @Geely: Global News Tue 20 Feb 2024Lotus Tech and L Catterton Asia Acquisition Corp announce closing of business combination
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WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services
GOTHENBURG, Sweden, Feb. 20, 2024 /PRNewswire/ — With its 25th anniversary, WirelessCar marks a quarter century of transformative growth and innovation in the automotive industry. Gothenburg-based WirelessCar was founded as a joint venture by Ericsson, Volvo and Telia to develop and market complete solutions for mobile e-services to vehicle manufacturers and fleet operators. From its early days as… Continue reading WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services
WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services
GOTHENBURG, Sweden, Feb. 20, 2024 /PRNewswire/ — With its 25th anniversary, WirelessCar marks a quarter century of transformative growth and innovation in the automotive industry. Gothenburg-based WirelessCar was founded as a joint venture by Ericsson, Volvo and Telia to develop and market complete solutions for mobile e-services to vehicle manufacturers and fleet operators. From its early days as… Continue reading WirelessCar Celebrates 25 Years of Innovative Connected Vehicle Services
Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Feb. 20, 2024 /PRNewswire/ — Automotive Transmission Market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The automotive transmission market is driven by factors such as – a shift towards automatic transmissions… Continue reading Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
@Geely-Volvo: Volvo Cars introduces upgrades to fully electric and hybrid cars and streamlines model names to aid customer transparency
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Chevy Silverado EV recall issued over a defect that can cause the seatbelt to tear
GM is issuing a recall for the 2024 Chevy Silverado EV over a defect that can cause the second-row seatbelt to tear in a crash. Chevy Silverado EV recall issued over seatbelt defect According to a letter sent to the National Highway Traffic Safety Association (NHTSA), GM is recalling certain 2024 Chevy Silverado EV models.… Continue reading Chevy Silverado EV recall issued over a defect that can cause the seatbelt to tear
Some of the key players: AB Volvo, Anhui Jianghuai Automobile Group Co. Ltd., and BYD Co. Ltd. are expected to drive a USD 166.58 billion growth in the Electric Commercial Vehicle Market between 2022-2027
NEW YORK, Feb. 19, 2024 /PRNewswire/ — The electric commercial vehicle market size is expected to grow by USD 166.58 billion between 2022 and 2027. However, the growth momentum of the market will be progressing at a CAGR of over 26.02% during the forecast period. The report recognizes the following as some of the key players in the electric commercial… Continue reading Some of the key players: AB Volvo, Anhui Jianghuai Automobile Group Co. Ltd., and BYD Co. Ltd. are expected to drive a USD 166.58 billion growth in the Electric Commercial Vehicle Market between 2022-2027
January blues driven away as EV sales go up
Seres showcases the AITO M5 at the Chengdu auto show in August. [LI FUSHENG/CHINA DAILY] New energy vehicle makers in China saw rising deliveries in January, which is usually not a popular car-buying month. Analysts said the good start is expected to drive the burgeoning sector to a new high in the year. Car buyers… Continue reading January blues driven away as EV sales go up
Two million EVs power European car market to strongest post-pandemic year
A 28% rise in electric car sales boosted Europe’s new car market to its strongest year since the Covid pandemic, according to industry analyst Jato Dynamics. A total of 12,792,151 cars were sold across Europe in 2023, up 14% on 2022 and a 7% increase over 2020. Jato Dynamics analyst Felipe Munoz hailed the increase as a normalisation… Continue reading Two million EVs power European car market to strongest post-pandemic year
Two million EVs power European car market to strongest post-pandemic year
A 28% rise in electric car sales boosted Europe’s new car market to its strongest year since the Covid pandemic, according to industry analyst Jato Dynamics. A total of 12,792,151 cars were sold across Europe in 2023, up 14% on 2022 and a 7% increase over 2020. Jato Dynamics analyst Felipe Munoz hailed the increase as a normalisation… Continue reading Two million EVs power European car market to strongest post-pandemic year