Tag: Geely

New number of votes in AB Volvo

GOTHENBURG, Sweden, April 30, 2025 /PRNewswire/ — The number of votes in AB Volvo has changed due to the conversion of a total of 12,864 Series A shares to a total of 12,864 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series… Continue reading New number of votes in AB Volvo

Volvo Cars shares plunge on earnings fall, withdrawn guidance and major cost-cutting drive

Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Tuesday announced cost-cutting plans of 18 billion Swedish kronor ($1.87 billion) and withdrew financial guidance as its operating profit fell sharply in the first three months of the year. Volvo Cars, which is owned by China’s Geely Holding, reported first-quarter operating profit of… Continue reading Volvo Cars shares plunge on earnings fall, withdrawn guidance and major cost-cutting drive

Automotive Piston Market worth $2.79 billion by 2035 | MarketsandMarkets

DELRAY BEACH, Fla., April 29, 2025 /PRNewswire/ — The automotive piston market is projected to grow from USD 2.46 billion in 2025 to USD 2.79 billion by 2035, at a CAGR of 1.3% during the forecast period, according to a new report by MarketsandMarkets. The growth of the automotive piston market is driven by steady global demand… Continue reading Automotive Piston Market worth $2.79 billion by 2035 | MarketsandMarkets

Companies find themselves caught in deglobalisation crossfire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Donald Trump’s tariff war unleashes chaos, political leaders in Asia and Europe have declared that the era of post-cold war prosperity from global trade may finally be coming to a close. “We are in… Continue reading Companies find themselves caught in deglobalisation crossfire

March 2025 new car pre-registration figures

SMMT released figures for March pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in March 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading March 2025 new car pre-registration figures

Electric Vehicles Today – Off-Highway Electric Vehicles Set for Major Market Growth

The off-highway electric vehicle (OHEV) market is set to expand significantly, with projections indicating growth from $5.48 billion in 2024 to $56.48 billion by 2034. This expansion is largely driven by the increasing adoption of electric technologies in the construction, agriculture, and mining sectors as they strive to reduce emissions and improve operational efficiencies. Key… Continue reading Electric Vehicles Today – Off-Highway Electric Vehicles Set for Major Market Growth

@Geely: Kandi Technologies Reports 2024 Financial Results

Revenue Of $127.6M up 3.2% YoY, Supported by Expanded Product Reach And Improved Geographic Balance Electric Off-Road Vehicle Revenue Rose 8.9% YoY, Reinforcing Core Segment Leadership Enhanced Supply Chain Flexibility with Taiwan Upgrades, While Progressing Steadily Toward U.S. Localization Goals JINHUA, China, April 28, 2025 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we”… Continue reading @Geely: Kandi Technologies Reports 2024 Financial Results

Volvo V90

Since space is the primary objective for anyone looking to buy this type of car, let’s deal with that first. Boot space with all five seats in place is still above average for the class at 551 litres; this is 91 litres more than the equivalent E300e Estate but 21 litres down on the 530e… Continue reading Volvo V90