Electric vehicle sales hit 7.9% of US market as Volvo, Mercedes, and Hyundai post sizable gains

EV sales surged past 300,000 for the first time in the third quarter, a nearly 50% increase over last year. As automakers like Volvo, Mercedes-Benz, Nissan, and Hyundai ramp production, Tesla’s market share is slipping. The latest quarterly EV sales estimates from Cox Automotive dropped Thursday, showing a record 313,086 electric cars sold from July… Continue reading Electric vehicle sales hit 7.9% of US market as Volvo, Mercedes, and Hyundai post sizable gains

China makes up 65% of global NEV sales in Aug

Export-bound automobiles await loading at Lianyungang Port in Jiangsu province in August. WANG CHUN/FOR CHINA DAILY Sales of passenger NEVs in China totaled 789,000 units in Aug, accounting for 64.6 percent of the global total, said the China Passenger Car Association on Friday. Statistics from the association show that global NEV sales in August reached… Continue reading China makes up 65% of global NEV sales in Aug

Alexander Dennis grows Scarborough production capabilities

12 October 2023 #Bus & Coach Alexander Dennis has taken on a lease for additional warehouse capacity at its Scarborough bus and coach manufacturing facility. Located near to the manufacturer’s existing site, the new 104,000 sq ft warehouse will allow the rationalisation of all logistics for the factory, freeing up space to restructure production arrangements… Continue reading Alexander Dennis grows Scarborough production capabilities

China’s Nio and Geely seek edge with smartphones on wheels

SHANGHAI — Electric-vehicle startup Nio and fellow Chinese automaker Zhejiang Geely Holding Group are betting on smartphones that integrate closely with their cars as a way to stand out in a highly competitive market. The recently announced Nio Phone can unlock car doors and turn on the air conditioner. Its built-in Nomi artificial intelligence assistant… Continue reading China’s Nio and Geely seek edge with smartphones on wheels

Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo Car India’s second fully electric car C40 Recharge has crossed 100 bookings within a month of its launch. The ex-showroom price of C40 Recharge has now been revised to Rs 62.95 lakh, from the earlier Rs 61.25 lakh.  Seeing the great response to Volvo’s electric cars in India and connecting to Volvo Car’s electrification ambition, the… Continue reading Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo Car India’s second fully electric car C40 Recharge has crossed 100 bookings within a month of its launch. The ex-showroom price of C40 Recharge has now been revised to Rs 62.95 lakh, from the earlier Rs 61.25 lakh.  Seeing the great response to Volvo’s electric cars in India and connecting to Volvo Car’s electrification ambition, the… Continue reading Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Proton-Geely JV eyes electric vehicle factory in Thailand, says PM ThavisinProton is majority owned by Malaysian firm DRB Hicom, while Geely has a 49….

A joint venture between Malaysian automaker Proton and Chinese carmaker Geely is looking to set up an electric vehicle (EV) factory in Thailand, Thai Prime Minister Srettha Thavisin said on Wednesday. Srettha was speaking at a joint press conference with Malaysian Prime Minister Anwar Ibrahim on an official visit to Kuala Lumpur. “They look to… Continue reading Proton-Geely JV eyes electric vehicle factory in Thailand, says PM ThavisinProton is majority owned by Malaysian firm DRB Hicom, while Geely has a 49….

GM, Canadian union reach tentative agreement, ending strike

GM shares closed up 1.6%. The company said work resumed at all three facilities in the afternoon and that the deal “recognizes the many contributions of our represented team members with significant increases in wages, benefits and job security.” General Motors and Canadian unionUnifor reached a tentative agreement on Tuesday just hours after 4,300 workers… Continue reading GM, Canadian union reach tentative agreement, ending strike