Volvo Bus India has achieved a significant milestone by securing an order for 122 premium luxury coaches in the state of Odisha. The order, placed under the Location Accessible Multi-modal Initiative (LAccMI) Scheme, a flagship program of the Government of Odisha’s Commerce & Transport (C&T) Department, aims to enhance passenger road transport connectivity. The LAccMI… Continue reading Volvo Bus India receives landmark order for 122 luxury coaches in Odisha
Tag: Geely
Volvo Group – the fourth quarter and full year 2023
GOTHENBURG, Sweden, Jan. 26, 2024 /PRNewswire/ — “For the full year 2023, we increased net sales by almost SEK 80 billion to SEK 553 billion and the adjusted operating income to SEK 77.6 billion (50.5), with an adjusted operating margin of 14.0% (10.7). Return on capital employed in the Industrial Operations increased to 36.7% (27.4). We… Continue reading Volvo Group – the fourth quarter and full year 2023
German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056
The truck builder Daimler trucks wants to promote the export of clean hydrogen to Europe together with the green electricity producer Masdar from Abu Dhabi. The Dax group signed a letter of intent with Masdar on Thursday to examine the feasibility of exporting liquid hydrogen from the United Arab Emirates to Europe. “We want to… Continue reading German Manager Magazine: Daimler Truck wants to use Masdar to provide green hydrogen from the desert in Europe003056
Battery startup Sion Power raises $75m in funding round led by LG Energy Solution
Sion Power said on Wednesday the battery technology startup raised $75 million in an early-stage funding round led by South Korean battery manufacturer LG Energy Solution. The company, which also received new investment from former Google CEO Eric Schmidt’s family office, Hillspire, intends to seek technical and market validation of its technology and plans to build… Continue reading Battery startup Sion Power raises $75m in funding round led by LG Energy Solution
China’s EV players ramp up competition with Tesla using new tech
The front seats of the Aito M9 SUV can be adjusted to create reclining chairs for the second row. Passengers can watch a movie on the roll-down projector screen while storing drinks in a refrigerator compartment. CNBC | Evelyn Cheng BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell… Continue reading China’s EV players ramp up competition with Tesla using new tech
Volvo dealers face ongoing customer handover delays
Volvo dealers continue to be hit by new car delivery delays because of congestion at the port operations in Bristol. The congestion is limiting the number of cars that can be processed and released from Zeebrugge. Volvo has written to customers who are experiencing delays and is working with the port authorities, moving cars to… Continue reading Volvo dealers face ongoing customer handover delays
@Tata-JLR: Car companies are betting big on climate tech
It’s crunch time for the car industry in its race to go green. From 2035 onwards, any new cars and vans sold in the European Union and the UK must be zero emission vehicles. In response, car companies are ramping up their electric vehicle lineups and scrambling to secure access to the components needed to… Continue reading @Tata-JLR: Car companies are betting big on climate tech
Europa Wire: MAN’s Electric Lion Truck Almost Sold Out with 700 Orders in 3 Months 000952
MAN’s Electric Lion eTruck Almost Sold Out with 700 Orders in 3 Months (IN BRIEF) In just over three months since its sales launch, the limited edition of MAN’s 2024 model year electric lion eTruck designed for long-distance transport is nearly sold out, with 700 orders and order requests received. Large-scale production is set to… Continue reading Europa Wire: MAN’s Electric Lion Truck Almost Sold Out with 700 Orders in 3 Months 000952
China says EU’s ‘unfair’ EV subsidies probe risks damaging ties
The EU is seeking to reduce its reliance on the world’s second-largest economy, particularly for materials and products needed for its green transition. China‘s ambassador to the European Union called the EU’s probe into Chinese electric vehicle manufacturers over state subsidies “unfair”, Fu Cong told Bloomberg News in an interview. Cong told Bloomberg that China… Continue reading China says EU’s ‘unfair’ EV subsidies probe risks damaging ties
NVIDIA DRIVE Partners Showcase Cutting-Edge Innovations in Automated and Autonomous Driving
The automotive industry is being transformed by the integration of cutting-edge technologies into software-defined cars. At CES, NVIDIA invited industry leaders to share their perspectives on how technology, especially AI and computing power, is shaping the future of transportation. Watch the video to learn more from NVIDIA’s auto partners. [embedded content] Redefining Possibilities Through Partnership… Continue reading NVIDIA DRIVE Partners Showcase Cutting-Edge Innovations in Automated and Autonomous Driving