How is Southeast Asia’s charge to EVs going?

The slow development of charging infrastructure and the relatively higher cost of EVs, which are usually imported, are to blame. Southeast Asia is racing to increase the demand and production of electric vehicles. With road vehicles responsible for 89% of transport-related pollution in the region, EVs are not only seen as part of the solution… Continue reading How is Southeast Asia’s charge to EVs going?

BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik, in collaboration with Trailer Dynamics, has successfully tested an electrically powered semi-trailer on various tracks and over varying distances in real-world logistics operations. With the diesel truck used, average fuel savings of more than 46% over short and medium distances, and more than 48% over long distances, were attained. Using a combination… Continue reading BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik, in collaboration with Trailer Dynamics, has successfully tested an electrically powered semi-trailer on various tracks and over varying distances in real-world logistics operations. With the diesel truck used, average fuel savings of more than 46% over short and medium distances, and more than 48% over long distances, were attained. Using a combination… Continue reading BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

Clean Technica: Decoding The Chaos In The Market For Electric Cars003073

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! These are troubling times for legacy automakers trying to make the transition to building electric cars. In the US, Ford and General Motors have both pulled back on their plans to manufacture electric pickup trucks. Now, Mercedes Benz said… Continue reading Clean Technica: Decoding The Chaos In The Market For Electric Cars003073

Lear Corporation (NYSE:LEA) Q3 2023 Earnings Call Transcript

Lear Corporation (NYSE:LEA) Q3 2023 Earnings Call Transcript October 26, 2023 Lear Corporation beats earnings expectations. Reported EPS is $2.87, expectations were $2.54. Operator: Good morning, everyone and welcome to the Lear Corporation Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please also note today’s event is being recorded. At this time I’d like to… Continue reading Lear Corporation (NYSE:LEA) Q3 2023 Earnings Call Transcript

Q3 2023 Lear Corp Earnings Call

Participants Ed Lowenfeld; VP of IR; Lear Corporation Frank C. Orsini; Executive VP & President of Seating; Lear Corporation Jason M. Cardew; Senior VP & CFO; Lear Corporation Raymond E. Scott; President, CEO & Director; Lear Corporation Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division Dan Meir Levy; Senior Analyst; Barclays… Continue reading Q3 2023 Lear Corp Earnings Call

Electric commercial vehicle market size to grow by USD 166.58 billion from 2022 to 2027; Growing adoption of EVs for improved logistics and transportation to drive growth – Technavio

NEW YORK, Oct. 26, 2023 /PRNewswire/ — The electric commercial vehicle market size is expected to grow by USD 166.58 billion between 2022 and 2027. However, the growth momentum of the market will be progressing at a CAGR of over 26.02% during the forecast period. The market is segmented by product (LCVs, buses, and heavy and medium commercial vehicles), type (battery electric vehicle… Continue reading Electric commercial vehicle market size to grow by USD 166.58 billion from 2022 to 2027; Growing adoption of EVs for improved logistics and transportation to drive growth – Technavio

Volvo to expand EX30 e-SUV production to Ghent plant

In a response to strong customer demand for the new fully electric EX30 SUV, Volvo Cars has decided that it will start building the new small SUV in its Ghent plant in Belgium from 2025, expanding production capacity. Production of the EX30 started earlier this year in Zhangjiakou, China and the first cars are scheduled… Continue reading Volvo to expand EX30 e-SUV production to Ghent plant