Iveco to fully own venture with Nikola on electric, hydrogen trucks

Summary Companies Deal to have 44-mln-euro negative impact on Iveco’s Q1 Iveco sees no impact on 2023 cash targets Shares open down in Milan Iveco to pay $35 mln in cash and buy 20 mln Nikola shares MILAN, May 9 (Reuters) – Iveco Group (IVG.MI) will buy full ownership of its joint venture with U.S.… Continue reading Iveco to fully own venture with Nikola on electric, hydrogen trucks

AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions

SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions

AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions

SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions

German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006885

Daimler trucks The truck manufacturer made significantly more profit in the first quarter than in the same period last year. However, the number of vehicles sold fell. (Photo: Bloomberg) Business is booming at Daimler Truck. The world’s largest manufacturer of heavy articulated lorries and buses almost tripled its profit in the first quarter of 2023.… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006885

Stephen Roy appointed new member of the Volvo Group Executive Board and President of Mack Trucks

GOTHENBURG, Sweden, May 9, 2023 /PRNewswire/ — Stephen Roy has been appointed as a new member of Volvo Group’s Executive Board and President of Mack Trucks. He will succeed Martin Weissburg, who will retire after a long and successful career within the Volvo Group. Stephen Roy began his Volvo Group career in 1996 and currently… Continue reading Stephen Roy appointed new member of the Volvo Group Executive Board and President of Mack Trucks

Volvo’s next electric vehicle is a small SUV called the EX30

/ The Swedish company is going after younger customers with its next EV. But it will have a lot of competition. Image: Volvo Volvo’s new, next-generation electric vehicle, the luxuriously appointed, three-row EX90 SUV, isn’t even out yet, but the Swedish company is already talking about the follow-up. The Volvo EX30 will be a small… Continue reading Volvo’s next electric vehicle is a small SUV called the EX30

German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006882

Daimler trucks The truck manufacturer made significantly more profit in the first quarter than in the same period last year. However, the number of vehicles sold fell. (Photo: Bloomberg) Business is booming at Daimler Truck. The world’s largest manufacturer of heavy articulated lorries and buses almost tripled its profit in the first quarter of 2023.… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006882

German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006881

Daimler trucks The truck manufacturer made significantly more profit in the first quarter than in the same period last year. However, the number of vehicles sold fell. (Photo: Bloomberg) Business is booming at Daimler Truck. The world’s largest manufacturer of heavy articulated lorries and buses almost tripled its profit in the first quarter of 2023.… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck almost triples profit and significantly increases sales006881

Cleantechnica: Tesla Model Y Steals the Show in Europe! Best Selling Car on the Continent!002744

The Tesla Model Y was the the best selling model in Europe in Q1!! All powertrains included!!! Some 322,000 plugin vehicles were registered in March in Europe — which is +29% year over year (YoY). In fact, March was the second best month ever for plugin vehicle (PEV) registrations, only trailing December when the market… Continue reading Cleantechnica: Tesla Model Y Steals the Show in Europe! Best Selling Car on the Continent!002744