Aston Martin Lagonda: steering a course towards a Geely takeover

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Aston Martin Lagonda: steering a course towards a Geely takeover

Battery maker Zenergy unveils new plant in Changshu

Zenergy’s new battery plant starts operations in Changshu, Jiangsu province, on May 9, 2023. [Photo provided to chinadaily.com.cn] Chinese battery maker Zenergy’s new 25 GWh plant has started operations in Changshu, Jiangsu province, which is expected to help it better meet the growing demand in China, one of the world’s largest battery markets. Cao Fang,… Continue reading Battery maker Zenergy unveils new plant in Changshu

Aston Martin stock soars after $295m investment by China’s Geely

Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investment by China’s Geely, that will see the automotive firm become its third-largest shareholder. Geely will acquire about 42 million ordinary shares from Chairman Lawrence Stroll’s Yew Tree, which is currently the Aston Martin’s largest stakeholder, at 335… Continue reading Aston Martin stock soars after $295m investment by China’s Geely

@AML: Substantial Investment in Aston Martin by Geely000440

18 May 2023   Aston Martin Lagonda Global Holdings plc   Substantial Investment in Aston Martin by Geely Holding subsidary entity, Geely International (Hong Kong) Limited (“Geely”) and New Relationship Agreement Aston Martin Lagonda Global Holdings plc (“Aston Martin”, “Aston Martin Lagonda” or the “Company”) today announces a substantial investment from Geely Holding, China’s leading… Continue reading @AML: Substantial Investment in Aston Martin by Geely000440

Geely doubles stake in Aston Martin to 17%

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Geely doubles stake in Aston Martin to 17%

‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars

There is a need for several solutions to address the issues of road safety in India. Stressing the importance of collaboration between industry, academia, and government agencies, Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars Safety Centre mentioned how initiatives around joint awareness and dialogue, are integral as preventive measures for accidents. As part of the… Continue reading ‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars

Europa Wire: Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels000624

Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels (IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and highlight… Continue reading Europa Wire: Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels000624

Komatsu and Toyota test autonomous light vehicle for mining operations

Japan’s Komatsu Ltd and Toyota Motor Corporation have announced the launch of a joint project to develop an Autonomous Light Vehicle (ALV) that will run on Komatsu’s Autonomous Haulage System (AHS). To realise further safety and productivity improvements in mines by running autonomous haul trucks and automated ALV controlled by AHS, Komatsu and Toyota are… Continue reading Komatsu and Toyota test autonomous light vehicle for mining operations

Volvo Group Mobility Transformation Forum calls for collaboration to speed up Europe’s fossil-free future

GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ — Volvo Group is calling for increased dialogue between policymakers and the industry around the future of mobility at its annual Mobility Transformation Forum in Brussels on May 23, which will be streamed live on LinkedIn. The event will showcase Volvo Group’s continued investment in fossil-free propulsion technologies, services, and… Continue reading Volvo Group Mobility Transformation Forum calls for collaboration to speed up Europe’s fossil-free future