Tag: Geely

Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out… Continue reading Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

Outboard Motor Market size is set to grow by USD 1.25 bn from 2024-2028, rise in world boat championship programs to boost the market growth, Technavio

NEW YORK, May 17, 2024 /PRNewswire/ — The global outboard motor market  size is estimated to grow by USD 1.25 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.46%  during the forecast period.  For more insights on the forecast market size and historic data (2018 – 2022) – Download Free sample… Continue reading Outboard Motor Market size is set to grow by USD 1.25 bn from 2024-2028, rise in world boat championship programs to boost the market growth, Technavio

New Vehicle Prices Rise Agan, While Affordability Dips

Month over month price changes pulled up for most automakers, while declines still dominate year over year comparisons. Graphic: Cox Automotive A downward slide in new-vehicle prices through the first quarter of 2024 reversed course in April, with average transaction prices (ATPs) increasing by 2.2% to $48,510, the highest prices since December 2023, according to… Continue reading New Vehicle Prices Rise Agan, While Affordability Dips

Volvo Group and Daimler Truck to develop software-defined vehicle platform

In an effort to lead the digital transformation to software-defined heavy-duty commercial vehicles, the Volvo Group and Daimler Truck have reached a preliminary agreement to establish a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The intention is to make the… Continue reading Volvo Group and Daimler Truck to develop software-defined vehicle platform

Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation

Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. Both companies intend to create a joint venture to become the leading developer of a software-defined heavy-duty vehicle platform, including software and hardware, providing the basis for differentiating digital vehicle features. The new… Continue reading Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation

Tesla keeps cutting jobs and the feds probe Waymo

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation, including tariffs on Chinese… Continue reading Tesla keeps cutting jobs and the feds probe Waymo

From Shenzhen to Bremen, automotive cooperation takes new steps forward

A sedan from Chinese carmaker BYD stands in front of car freighter BYD Explorer No 1 that came to Bremen, Germany, from Shenzhen, Guangdong province, in February. [Photo/Agencies] SHENZHEN — A ro-ro ship under the name BYD Explorer No 1, the first of the new energy vehicle giant’s “shipping fleet” — with another seven transport… Continue reading From Shenzhen to Bremen, automotive cooperation takes new steps forward

@Geely: Kandi Technologies Reports First Quarter 2024 Financial Results

Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY Significant Return of Capital to Shareholders via 564,302 Shares Repurchased JINHUA, CHINA, May 16, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2024.… Continue reading @Geely: Kandi Technologies Reports First Quarter 2024 Financial Results

VE Commercial Vehicles announces joint venture with iTriangle Infotech

VE Commercial Vehicles Ltd (VECV), a Joint Venture between Volvo Group and Eicher Motors has established of Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications. Definitive agreements to form the joint venture, which will  focus on the… Continue reading VE Commercial Vehicles announces joint venture with iTriangle Infotech