China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement. The Hangzhou-based company, which produces and markets hybrid and pure electric commercial vehicles, said it plans to use the funds for further technology and product… Continue reading Geely truck unit Farizon raises $600m in Series A roundThe latest round was led by Boyu Capital and Yuexiu Industrial Fund.
Tag: Geely
Geely truck unit, Farizon, raises USD 600 million in funding round
Outside of China, Farizon said the company is moving to establish a presence in markets including as Asia-Pacific, the Middle East, South America and Europe. China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised USD 600 million in a Series-A funding round, the company said in a… Continue reading Geely truck unit, Farizon, raises USD 600 million in funding round
Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
Q2 revenue was SEK 102.2 bn (SEK 71.3 bn in Q2 2022) Q2 EBIT (excluding JVs and associates) was SEK 6.4 bn (SEK 4.6 bn in Q2 2022) Q2 EBIT was SEK 5.0 bn (SEK 10.8 bn in Q2 2022) Q2 EBIT margin, excluding JVs and associates and without non-recurring items, was 7.2 per cent… Continue reading Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
Clean Technica: Electrify Expo Is This Weekend In Washington, DC — Exhibitors Include Tesla, Volvo, VW, Kia, BMW, & More002900
Electric vehicle expos present the perfect opportunity for more people to see and experience the beautiful world of electric mobility. I have been to several of these events in various parts of the world, including the Smarter Mobility Africa in South Africa, and Fully Charged Live in the United Kingdom. I really loved seeing people… Continue reading Clean Technica: Electrify Expo Is This Weekend In Washington, DC — Exhibitors Include Tesla, Volvo, VW, Kia, BMW, & More002900
Tesla plans to license its Full Self-Driving system to other automakers
“We’re not trying to keep this to ourselves” ~ Tesla CEO Elon Musk. In a surprise announcement during Tesla’s Q2 2023 investor call, company head Elon Musk revealed that Tesla plans to license its Full Self-Driving system to other automakers and OEMs. “We are very open to licensing our FSD software and hardware to other… Continue reading Tesla plans to license its Full Self-Driving system to other automakers
Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Utilizing HPDI Technology to Accelerate the Decarbonization Efforts of Global OEM Customers VANCOUVER, BC, July 19, 2023 /PRNewswire/ — Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel delivery systems and components for the global transportation industry, have signed a non-binding letter of intent to establish a… Continue reading Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Utilizing HPDI Technology to Accelerate the Decarbonization Efforts of Global OEM Customers VANCOUVER, BC, July 19, 2023 /PRNewswire/ — Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel delivery systems and components for the global transportation industry, have signed a non-binding letter of intent to establish a… Continue reading Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Electric Vehicle Market size worth $ 830.03 Billion, Globally, by 2030 at 16.12% CAGR: Verified Market Research®
The “Global Electric Vehicle Market Size By Vehicle Type, By Propulsion Type, By Power Output, By Vehicle Drive Type, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Electric Vehicle Market, including its growth prospects, market trends, and market challenges. JERSEY CITY,… Continue reading Electric Vehicle Market size worth $ 830.03 Billion, Globally, by 2030 at 16.12% CAGR: Verified Market Research®
Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Utilizing HPDI Technology to Accelerate the Decarbonization Efforts of Global OEM Customers VANCOUVER, BC, July 19, 2023 /PRNewswire/ — Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel delivery systems and components for the global transportation industry, have signed a non-binding letter of intent to establish a… Continue reading Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport
Utilizing HPDI Technology to Accelerate the Decarbonization Efforts of Global OEM Customers VANCOUVER, BC, July 19, 2023 /PRNewswire/ — Volvo Group (VOLVb.ST) and Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel delivery systems and components for the global transportation industry, have signed a non-binding letter of intent to establish a… Continue reading Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport