Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Friday is here! Unfortunately, the heat is rising fast here in Florida and it’s hard to enjoy some of the outdoor activities we love while suffering in the extreme heat and thinking about how dangerously we are heating up… Continue reading Clean Technica: Solar Power’s Rapid Growth (Graphs), Tesla Cybertruck Review, EV Sales Up — Top Cleantech News of the Week003418
Tag: Geely
How American carmakers lost ground in China
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition in electric vehicle technology and software. U.S. automaker sales have fallen dramatically since their peak a few years ago. “I don’t want to sound overly… Continue reading How American carmakers lost ground in China
Royal Enfield eyes 2X growth of premium motorcycle industry in long term
Amid growing competition from global players like Harley-Davidson and Triumph, Eicher Motors-owned Royal Enfield is looking to outpace the premium two-wheeler industry growth, with a target to grow at double the pace of the industry in the long term. The automaker said the company is more concerned about growing its business than expanding its margins. … Continue reading Royal Enfield eyes 2X growth of premium motorcycle industry in long term
Eicher Motors posts record revenue, profit for Q4, FY24
Eicher Motors Ltd today reported its highest-ever revenues and profits for the fourth quarter of 2023-24 and the full financial year 2024. The company’s net profit rose 18 percent in the quarter, while it grew at a much higher rate of 37 percent during the financial year. The quarterly performance was driven by Royal Enfield… Continue reading Eicher Motors posts record revenue, profit for Q4, FY24
The buzziest EV IPO of the year is a Chinese automaker
Electric vehicle demand might be softening, but investors appear to be excited about the U.S. debut of a Chinese luxury EV brand. Geely-owned Zeekr hit the New York Stock Exchange with a splash on Friday, making it the first major U.S. listing by a Chinese company since 2021, following China’s effective ban on foreign IPOs.… Continue reading The buzziest EV IPO of the year is a Chinese automaker
Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation
(Bloomberg) — When Chinese electric-vehicle maker Zeekr lists in the US on Friday, it will be at a valuation of around $5.2 billion, less than half the $13 billion valuation announced following a funding round early last year. Most Read from Bloomberg The precipitous change in fortunes has surprised even the company’s top management. In… Continue reading Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation
The Indonesia Construction Equipment Market Sales to Reach 36,510 Units by 2029 – Exclusive Research Report by Arizton
CHICAGO, May 9, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Indonesia construction equipment market is growing at a CAGR of 4.17% during 2023-2029. To Know More, Click: https://www.arizton.com/market-reports/indonesia-construction-equipment-market Continue Reading Indonesia Construction Equipment Market Research Report by Arizton Indonesia Construction Equipment Market Report Scope Report Attributes Details Market Size- Volume (2029) 36,510 Units… Continue reading The Indonesia Construction Equipment Market Sales to Reach 36,510 Units by 2029 – Exclusive Research Report by Arizton
Cleantechnica: Are Tesla Sales Slowing Down Under?003416
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The mainstream media would have us believe that electric cars are facing stagnating demand. No doubt they will be encouraged by the drop in Tesla sales March to April. In April 2024, Tesla Australia delivered 2077 vehicles (1166 Model… Continue reading Cleantechnica: Are Tesla Sales Slowing Down Under?003416
Clean Technica: What Falling Sales? Global EV Sales Grow 19% in March!003415
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! EVs Now 19% of World Auto Sales Global plugin vehicle registrations were up 19% in March 2024 compared to March 2023. There were 1.3 million registrations. BEVs were up by 7% YoY, while plugin hybrids jumped 50% YoY, with… Continue reading Clean Technica: What Falling Sales? Global EV Sales Grow 19% in March!003415
China’s Zeekr prices US IPO at top of range to raise $441mZeekr upsized its IPO to sell 21 million American Depositary Shares at $21 per share.
Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with the matter said. Zeekr, which is the premium brand of Chinese automaker Geely, upsized its IPO to sell 21 million American Depositary Shares at $21… Continue reading China’s Zeekr prices US IPO at top of range to raise $441mZeekr upsized its IPO to sell 21 million American Depositary Shares at $21 per share.