Tag: Geely

China accuses EU of ‘naked protectionism’ in fight for electric vehicle market

China blasted the European Union’s probe into Beijing’s electric car subsidies as a “naked act of protectionism,” as the battle to access the bloc’s growing clean-car market risks sparking a trade war between the two economic powerhouses. The decision to launch an investigation into Beijing’s state subsidies will have a “negative impact” on the E.U.’s… Continue reading China accuses EU of ‘naked protectionism’ in fight for electric vehicle market

World’s 10 biggest car companies by sales in H1

China’s new energy vehicle manufacturer BYD has joined the world’s 10 biggest car companies by sales for the first time in the first half of 2023, surpassing Mercedes-Benz, BMW and Tesla. According to its financial statement, Shenzhen-listed BYD sold a record of 1.25 million NEVs in the first six months, up 94.25 percent year-on-year and… Continue reading World’s 10 biggest car companies by sales in H1

Ramping up: Volvo starts serial production of electric trucks in Ghent

GOTHENBURG, Sweden, Sept. 14, 2023 /PRNewswire/ — Volvo Trucks ramps up electric truck volumes and starts serial production of heavy battery electric trucks at the Ghent factory in Belgium. This means that electric Volvo trucks are now built in four factories – three in Europe and one in… Go to Source

H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel

STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main input materials in the manufacturing of trucks, buses and construction machines, a shift… Continue reading H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel

H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel

STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main… Go to Source

Ramping up: Volvo starts serial production of electric trucks in Ghent

GOTHENBURG, Sweden, Sept. 14, 2023 /PRNewswire/ — Volvo Trucks ramps up electric truck volumes and starts serial production of heavy battery electric trucks at the Ghent factory in Belgium. This means that electric Volvo trucks are now built in four factories – three in Europe and one in the US. “I’m thrilled! The Ghent factory is the largest… Continue reading Ramping up: Volvo starts serial production of electric trucks in Ghent

Beijing blasts EU for protectionism while China EV stocks slide

SHANGHAI/BEIJING (Reuters) — Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped. European Commission President Ursula von der Leyen announced the investigation on Wednesday, accusing China of… Continue reading Beijing blasts EU for protectionism while China EV stocks slide

H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel

STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — As commercial vehicles increasingly run on electrified solutions, reducing the emissions when the product is in use, the environmental footprint from the supply network and production becomes increasingly important. Since steel is one of the main input materials in the manufacturing of trucks, buses and construction machines, a shift… Continue reading H2 Green Steel collaborates with Volvo Group for supply of near zero emissions steel