Tag: Geely

Tesla is Europe’s biggest market share winner in May 2023

Electric carmaker Tesla continues its accelerated drive in Europe. As per the new vehicle sales data for 28 European markets released by JATO Dynamics, new vehicle registrations totalled 1,116,472 units in May 2023, an 18% year-on-year increase (May 2022: 943,435 units). This takes the year-to-date total to 5.3 million units, up by 17%. As per… Continue reading Tesla is Europe’s biggest market share winner in May 2023

Clean Technica: Electrify America & Polestar Climb Aboard Tesla Supercharger Bandwagon 002857

The Tesla Supercharger bandwagon rolls on. When Tesla basically just gave its Supercharger charging system a name change to the “North American Charging Standard (NACS),” many saw it as a simple marketing attempt aimed at getting more federal subsidies. Would it make any difference? Would it matter? It may not have mattered much, but Ford… Continue reading Clean Technica: Electrify America & Polestar Climb Aboard Tesla Supercharger Bandwagon 002857

Electric Vehicle Market to grow at a CAGR of 37.45% from 2022 to 2027: Charging stations powered by renewable energy is the primary trend shaping the market report-Technavio

NEW YORK, June 29, 2023 /PRNewswire/ — The electric vehicle market size is estimated to grow by 25,927.15 thousand units during 2022-2027. The growth momentum will progress at a CAGR of 37.45% during the forecast period. The market is segmented by type (BEV and PHEV), charging (normal charging and supercharging), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The… Continue reading Electric Vehicle Market to grow at a CAGR of 37.45% from 2022 to 2027: Charging stations powered by renewable energy is the primary trend shaping the market report-Technavio

Volkswagen is in talks with Tesla to adopt NACS connector

Volkswagen confirmed that it is in talks with Tesla to adopt the NACS connector for its electric vehicles in North America. The news comes after Electrify America, which was founded by Volkswagen, announced the adoption of NACS. Over the last month, Tesla managed to convince virtually all major American automakers to switch to its newly… Continue reading Volkswagen is in talks with Tesla to adopt NACS connector

Polestar is the latest EV maker to announce a move to Tesla’s North American charging standard

The Polestar 2, a battery-electric crossover SUV. Polestar owners in North America will have access to Tesla’s charging network starting next year. Source: Polestar Swedish electric vehicle maker Polestar said Thursday that it has signed a deal with Tesla that will allow drivers of its EVs to charge at about 12,000 Tesla charging stations in… Continue reading Polestar is the latest EV maker to announce a move to Tesla’s North American charging standard

EV startups stretch out to smartphone market

A Polestar 2 is displayed at a showroom in Shanghai in February. [WANG GANG/FOR CHINA DAILY] In the era of intelligent electric vehicles, a trend has emerged where car manufacturers venture into the smartphone market, blurring the lines between industries as technology advances. A notice released last week showed that the Ministry of Industry and… Continue reading EV startups stretch out to smartphone market

As the Electric Vehicle Market Matures, Mercury Underscores the Importance of Insurance

Not all EVs are created equal in the eyes of insurance and buyers should consider upfront costs as well as repair costs when buying a new vehicle  LOS ANGELES, June 29, 2023 /PRNewswire/ — Battery electric vehicles (EVs) have gained popularity in recent years with market share rising from a low single digit to 8% of… Continue reading As the Electric Vehicle Market Matures, Mercury Underscores the Importance of Insurance

Mats Backman new Chief Financial Officer and member of the Volvo Group Executive Board

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ — Mats Backman has been appointed as Chief Financial Officer and a new member of Volvo Group’s Executive Board. He will succeed Jan Ytterberg, who as previously communicated, will continue as Volvo Group senior advisor. Mats Backman has held many senior positions in Swedish industry and has extensive international… Continue reading Mats Backman new Chief Financial Officer and member of the Volvo Group Executive Board