Geely, Renault to build powertrain joint venture

Geely showcases one of its methanol trucks at the 5th Methanol Vehicles and Fuel Application Equipment Exhibition held in Beijing from June 15 to 16, 2023. [Photo provided to chinadaily.com.cn] Geely said on Tuesday it has signed a binding agreement with Renault to build a powertrain technology company that will offer products to both of… Continue reading Geely, Renault to build powertrain joint venture

German Manager Magazin: Bosch: The world’s largest automotive supplier invests billions of euros in hydrogen and starts series production002603

The technology company Bosch wants to become a major player in the future hydrogen market and is pushing politicians in Europe to promote more climate-friendly technology. With investments of 2.5 billion euros in the period from 2021 to 2026, the foundation group from Stuttgart is using several levers: the fuel cell drive for trucks, the… Continue reading German Manager Magazin: Bosch: The world’s largest automotive supplier invests billions of euros in hydrogen and starts series production002603

Intelligent Evolution Strategies of Global and Chinese Automakers: Modular Platforms and Technology Planning

DUBLIN, July 13, 2023 /PRNewswire/ — The “Global and Chinese Automakers’ Modular Platform and Technology Planning Research Report, 2023” report has been added to ResearchAndMarkets.com’s offering. This report explores the significance of modular platform architectures in new energy vehicles and the intelligent evolution strategy of automakers. It analyzes the planning of international automakers, Chinese conventional automakers, and… Continue reading Intelligent Evolution Strategies of Global and Chinese Automakers: Modular Platforms and Technology Planning

German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007264

Den Ort des ersten Kapitalmarkttags seit knapp zwei Jahren hat Daimler Truck bewusst ausgesucht. Der Dax-Konzern lud am Dienstag in das einst größte Elektrizitätswerk der Welt in Boston. „Daimler Truck treibt die Transformation zu nachhaltigen Antrieben voran“, sagte Konzernchef Martin Daum vor rund 50 Analysten und Reportern. „Wir haben einen klaren Plan. Und wir wollen,… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007264

Autonomous Vehicles Market to grow at a CAGR of 38.45% from 2022 to 2027 | Historical and current forecast analysis research report-Technavio

NEW YORK, July 13, 2023 /PRNewswire/ — The autonomous vehicles market size is estimated to grow by USD 319.41 billion between 2022 and 2027 accelerating at a CAGR of 38.45% during the forecast period., according to the latest research report from Technavio. Discover Auto Parts & Equipment industry potential and make informed business decisions based… Continue reading Autonomous Vehicles Market to grow at a CAGR of 38.45% from 2022 to 2027 | Historical and current forecast analysis research report-Technavio

Volvo Car India records 33% growth in H1 2023

Volvo Car India recorded a 33% growth in the first half of 2023 by delivering 1,089 cars during the January to June period, as compared to 818 units delivered in the corresponding period of last year. The growth was primarily driven by the XC60, which experienced a substantial 35% increase, resulting in 376 deliveries, the… Continue reading Volvo Car India records 33% growth in H1 2023

German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007247

Den Ort des ersten Kapitalmarkttags seit knapp zwei Jahren hat Daimler Truck bewusst ausgesucht. Der Dax-Konzern lud am Dienstag in das einst größte Elektrizitätswerk der Welt in Boston. „Daimler Truck treibt die Transformation zu nachhaltigen Antrieben voran“, sagte Konzernchef Martin Daum vor rund 50 Analysten und Reportern. „Wir haben einen klaren Plan. Und wir wollen,… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007247

Domestic automobile industry likely to log 17% revenue growth in June quarter

Continued price hikes would lend support to authorised service providers on a sequential basis, it said, adding, for Bajaj Auto, Emkay Global expects a 7 % quarter-on-quarter decline in authorised service providers, given a lower share of three-wheelers during the quarter. Domestic automobile industry is expected to log a 17% year-on-year revenue growth in the… Continue reading Domestic automobile industry likely to log 17% revenue growth in June quarter

Geely, Renault to develop gasoline engines, hybrid technology

(Reuters) — China’s Geely Automobile Holdings and French carmaker Renault on Tuesday said they will invest up to 7 billion euros ($7.71 billion) in a new equally held joint venture to develop gasoline engines and hybrid technology for automobiles. The JV is aimed at manufacturing more efficient internal combustion engines and hybrid systems at a… Continue reading Geely, Renault to develop gasoline engines, hybrid technology

RENAULT GROUP: Renault Group and Geely Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company

Renault Group and GeelySign Joint Venture Agreement to LaunchLeading Powertrain Technology Company Renault Group and Geely signed a joint venture agreement, with each entity holding 50% stake in the new company, which aims to become the leader in next-generation hybrid and highly efficient powertrain solutions to meet worldwide demand for the years to come. As… Continue reading RENAULT GROUP: Renault Group and Geely Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company