Tag: Geely

Volvo recalls electric trucks in U.S. after battery fire

Volvo is recalling nearly all battery-powered electric trucks in the U.S. that were made over the past four years because of an issue that may potentially cause a battery fire. The checks affect about 172 vehicles as part of the Volvo brand and nine Mack Trucks, built between 2019 and 2023. The Swedish truck maker… Continue reading Volvo recalls electric trucks in U.S. after battery fire

Westport Fuel Systems Reports Second Quarter 2023 Financial Results

VANCOUVER, BC, Aug. 8, 2023 /PRNewswire/ – Westport Fuel Systems Inc. (“Westport”) (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, reported financial results for the second quarter ended June 30, 2023, and provided an update on operations. All figures are in U.S. dollars unless otherwise… Continue reading Westport Fuel Systems Reports Second Quarter 2023 Financial Results

@Geely: Kandi Technologies Reports Second Quarter 2023 Financial Results

JINHUA, China, Aug. 08, 2023 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the second quarter of 2023. Second Quarter Highlights Total revenues of $36.0 million increased by 72.5% year-over-year. Gross profit of $13.7 million and gross margin of 38.2%, compared to… Continue reading @Geely: Kandi Technologies Reports Second Quarter 2023 Financial Results

Lotus Emira i4

Lotus was founded by a man so preoccupied by lightness that even rivet spacing represented a battleground between him and his design engineers. AMG, on the other hand, is celebrated for contract-killer saloons with cuddly nicknames like ‘Hammer’. These firms aren’t kindred spirits, then, but thanks to Chinese car-making giant Geely, their paths have crossed,… Continue reading Lotus Emira i4

Chinese Maker of 1,000 Kilometer EV Battery Plans IPO by 2025

(Bloomberg) — A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometers (620 miles) on a charge — plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race to overcome range anxiety. Most Read from Bloomberg Beijing WeLion New Energy… Continue reading Chinese Maker of 1,000 Kilometer EV Battery Plans IPO by 2025

EPRI Launches Collaborative Initiative to Support Widescale National EV Rollout

Amazon, U.S. Department of Energy Among Leading Participants PALO ALTO, Calif., Aug. 7, 2023 /PRNewswire/ — Industry and U.S. government goals continue to drive the volume of electric vehicles (EVs) on the nation’s roads—from cars to heavy-duty trucks. EPRI is leading a new, three-year initiative—EVs2Scale2030™ —that will collaborate with more than 500 stakeholders including Amazon, the U.S.… Continue reading EPRI Launches Collaborative Initiative to Support Widescale National EV Rollout

China’s new energy vehicle production to hit 21.2 million by 2030, says S&P Global Mobility

S&P Global Mobility’s forecast highlights a remarkable surge in electrified vehicle sales in mainland China over the next decade, with a remarkable two-thirds of these vehicles being pure battery-electric. The landscape of the Chinese automotive market is undergoing a seismic shift as Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs) make their mark… Continue reading China’s new energy vehicle production to hit 21.2 million by 2030, says S&P Global Mobility

@AML: Holding(s) in Company000506

RNS Number : 4122I Aston Martin Lagonda Global.Holdings PLC 04 August 2023 TR-1: Standard form for notification of major holdings 1. Issuer Details GB00BN7CG237 Issuer Name ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC UK or Non-UK Issuer 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification… Continue reading @AML: Holding(s) in Company000506

‘Dealers are our engine. They’re crucial,’ says Fiat Europe boss

Fiat Europe boss Gaetano Thorel has rejected the prospect of moving to digital-led direct-to-customer sales, stating “our dealers are our engine”. Thorel said: “They’re the face of the brand. They’re crucial. When you go outside of Italy, to Germany, to France, even to the UK, our network [of dealers] represents our face in the market.… Continue reading ‘Dealers are our engine. They’re crucial,’ says Fiat Europe boss