HONG KONG — China’s Geely Automobile Holdings on Wednesday reported solid results for 2023, shrugging off the fierce price competition in the world’s largest auto market. An Conghui, a Geely Automobile executive and the president of its parent Zhejiang Geely Holding Group, told reporters that the deep discount by Chinese auto brands are “normal” and… Continue reading China auto price war is ‘normal’ for growth, Geely says after posting profit
Tag: Geely
@Geely: Global News Wed 20 Mar 2024Lotus Chapman Bespoke
Lotus Goes Bespoke: 16×9 Video [embedded content] Lotus_Chapman_Bespoke_Film_16x9_200324.mp4 Lotus Chapman Bespoke will launch first in China, then roll out around the world Lotus Chapman Bespoke carries the name of our founders, Colin & Hazel Chapman; the highest accolade for this most prestigious initiative Three main services are available; tailor made, collection, and one-off Now customers… Continue reading @Geely: Global News Wed 20 Mar 2024Lotus Chapman Bespoke
Nvidia expands ties with Chinese EV makers as auto AI race heats up
Chinese auto brands are turning to Nvidia as they use advanced technology to compensate for what they currently lack in global brand recognition. Nvidia said on Monday it is expanding its collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles and AI-augmented infotainment technology to compete in global markets. BYD,… Continue reading Nvidia expands ties with Chinese EV makers as auto AI race heats up
Audi expects 50% of Indian luxury car sales to be EVs by 2028, keen on localisation
Andre Konsbruck, Vice President of Sales Overseas at Audi AG believes that more than 50 percent of luxury cars sold in India by 2028 will be electric vehicles and hence the German carmaker is very actively looking at localising electric vehicles in the country. Speaking on the sidelines of the 2023 annual conference in Ingolstadt… Continue reading Audi expects 50% of Indian luxury car sales to be EVs by 2028, keen on localisation
Audi expects 50% of Indian luxury car sales to be EVs by 2028, keen on localisation
Andre Konsbruck, Vice President of Sales Overseas at Audi AG believes that more than 50 percent of luxury cars sold in India by 2028 will be electric vehicles and hence the German carmaker is very actively looking at localising electric vehicles in the country. Speaking on the sidelines of the 2023 annual conference in Ingolstadt… Continue reading Audi expects 50% of Indian luxury car sales to be EVs by 2028, keen on localisation
NIO Partners With CATL to Develop Long-Lasting EV Batteries
Nio Inc. NIO recently signed an agreement with CATL, a China-based battery manufacturer, for the development of long-lasting electric vehicle (EV) batteries with up to 15 years of life, nearly twice the current national warranty standard. NIO is currently using CATL’s cells in its passenger EV packs. CATL is the sole battery supplier for NIO’s… Continue reading NIO Partners With CATL to Develop Long-Lasting EV Batteries
Volvo to supply 100 electric trucks to logistics company DFDS
Volvo Trucks has received an order for 100 electric trucks from logistics company DFDS. With this latest order, DFDS has almost doubled its Volvo electric truck fleet to 225 trucks, the largest company fleet of heavy electric trucks in Europe. DFDS, one of the largest shipping and logistics companies in Northern Europe, is seeing a growing… Continue reading Volvo to supply 100 electric trucks to logistics company DFDS
Volvo to supply 100 electric trucks to logistics company DFDS
Volvo Trucks has received an order for 100 electric trucks from logistics company DFDS. With this latest order, DFDS has almost doubled its Volvo electric truck fleet to 225 trucks, the largest company fleet of heavy electric trucks in Europe. DFDS, one of the largest shipping and logistics companies in Northern Europe, is seeing a growing… Continue reading Volvo to supply 100 electric trucks to logistics company DFDS
UAW says VW workers at Tennessee plant file for union election
A Volkswagen EV ID.4 crossover at the Volkswagen of America plant in Chattanooga, Tennessee, on June 8, 2022. Michael Wayland | CNBC DETROIT — Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. The… Continue reading UAW says VW workers at Tennessee plant file for union election
Volvo receives order for 100 electric trucks from DFDS
Volvo Trucks has received an order for 100 electric trucks from logistics company DFDS. With this latest order, DFDS has almost doubled its Volvo electric truck fleet to 225 trucks in total – the largest company fleet of heavy electric trucks in Europe. GOTHENBURG, Sweden, March 18, 2024 /PRNewswire/ — DFDS has placed orders… Continue reading Volvo receives order for 100 electric trucks from DFDS