If you’re into cars, then diecast models are likely to have been a major inspiration in early life. Enthusiasts of a certain vintage will have collected Dinky Toys, and later came Matchbox and Corgi Toys, but in 1968 an American upstart arrived in the shape of Hot Wheels. Founded by US toy giant Mattel, Hot… Continue reading How a 50-year-old Volvo became a Hot Wheels legend
Tag: Geely
Volvo to explore China’s premium MPV market
Jim Rowan, CEO of Volvo Cars, speaks at the EM90 launch event in Shanghai on Nov 12, 2023. [Photo provided to chinadaily.com.cn] Volvo Cars launched its first ever electric multi-purpose vehicle in Shanghai on Sunday, marking the Swedish premium brand’s attempt to enter a brand-new segment. The EM90, priced at 818,000 yuan ($112,135), will be first… Continue reading Volvo to explore China’s premium MPV market
Geely’s Meizu raises fresh funding at post-money valuation of $1.4bXingji Meizu Group has raised $276m in an extended angel and Series A round.
Xingji Meizu Group, a smartphone maker that was acquired by the founder of Chinese automotive firm Zhejiang Geely Holding in July 2022, has raised a total of 2 billion yuan ($276.1 million) in an extended angel and Series A round. The Series A funding, which was sealed recently, saw participation from Asia Investment Capital (Shanghai)… Continue reading Geely’s Meizu raises fresh funding at post-money valuation of $1.4bXingji Meizu Group has raised $276m in an extended angel and Series A round.
New Hyundai Ioniq 7 electric SUV tests ahead of 2024 reveal
A pre-production prototype of the upcoming Hyundai Ioniq 7 has been pictured testing on public roads in Germany, ahead of a launch next year. The electric SUV, which will share much of its underpinnings with the recently revealed Kia EV9, will arrive as the third car in the brand’s futuristic line-up of electric cars. It… Continue reading New Hyundai Ioniq 7 electric SUV tests ahead of 2024 reveal
UAW members ratify labor deal with Mack Trucks
Mack Trucks said the new contract guaranteed “significant wage growth,” and covered its employees at facilities in Pennsylvania, Maryland and Florida. The United Auto Workers (UAW) union on Wednesday said about 3,900 members representing Volvo Group -owned Mack Trucks ratified a new five-year contract in the U.S., ending a 39-day long strike following the rejection… Continue reading UAW members ratify labor deal with Mack Trucks
Lotus’s path to profitability is proving rocky
Lotus is pitching itself as the coming electric performance luxury car brand ahead of its public listing later this year, but the Geely-owned company is facing a series of headwinds that has already forced it to pull back on its near-term ambitions. Lotus last week brought to the UK its new Emeya electric saloon, a… Continue reading Lotus’s path to profitability is proving rocky
Clean Technica: 42% Of New Cars In Netherlands Now Plugin Cars!003107
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In the Netherlands, 42% of new car sales were plugin car sales in October. Furthermore, 29% were full electrics! The Dutch market saw an increase in plugin registrations to 11,776 units in October, with the plugin vehicle (PEV) market… Continue reading Clean Technica: 42% Of New Cars In Netherlands Now Plugin Cars!003107
Clean Technica: Mercedes-Benz Opens Its 1st EV Charging Hub In North America! Comparing It To Tesla’s003106
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Today, I got the chance to view the EV Charging Hub that Mercedes-Benz is opening to electric vehicles of all manufactures. I will publish a followup article that will cover my first impressions of the hub. This article will… Continue reading Clean Technica: Mercedes-Benz Opens Its 1st EV Charging Hub In North America! Comparing It To Tesla’s003106
@Geely: Kandi’s First 500 Fully Electric Mini Golf Carts to Launch in US Market
JINHUA, CHINA, Nov. 15, 2023 (GLOBE NEWSWIRE) — JINHUA, CHINA– (November 15, 2023) – Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that its first batch of 500 all-electric mini golf carts has arrived in the United States and will be gradually released in the market starting this month.… Continue reading @Geely: Kandi’s First 500 Fully Electric Mini Golf Carts to Launch in US Market
Tesla seeks help in proving giga casted vehicles are not more expensive to repair
Tesla has sought help to prove that its vehicles built with giga-casting parts are not more expensive to repair. That’s something that is particularly of concern to insurers. Over the last few years, Tesla has heavily invested into giga-casting technology to produce larger car parts. The automaker can now produce entire car bodies with just… Continue reading Tesla seeks help in proving giga casted vehicles are not more expensive to repair