Tag: Geely

VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

April 17 (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla (TSLA.O) Model 3 Standard Range Rear… Continue reading VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

NEW YORK, April 17, 2023 /PRNewswire/ — The automotive market in Singapore is estimated to grow by 18,191 actual units from 2022 to 2027. The growth momentum will be progressing at a CAGR of 6.03% during the forecast period. The market is segmented by propulsion (IC engine-based vehicles and electric vehicles), vehicle type (passenger cars and commercial vehicles),… Continue reading Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group

The strategic partnership amplifies Exro’s market presence with access into Wolong’s extensive customer network for e-mobility applications Wolong Electric Group is a world-famous automation solution supplier and one of world’s top three motor manufactures for industrial and automotive applications with ownership of a family of brands including ATB Group, Brook Crompton, GE Industrial Motors, and… Continue reading Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group

Volvo C40 and XC40 Recharge updated with new battery tech

The Volvo XC40 Recharge and C40 Recharge have been updated with new battery technology and drivetrains. Announced in December 2022, Volvo has now revised initial performance expectations, confirming new, longer ranges for both models.  Volvo’s tweaks apply to every XC40 and C40 Recharge model and starting with the entry-level XC40 Recharge single-motor (which has received… Continue reading Volvo C40 and XC40 Recharge updated with new battery tech

China auto show highlights intense electric car competition

Beijing is winding down government support and shifting the burden to automakers by requiring them to earn credits for EV sales. Global and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show, their first full-scale sales event in four years in… Continue reading China auto show highlights intense electric car competition

Clean Technica: Fast Growing EV Sales Around The World In 2022 — Charts!002704

Just 5–10 years ago, I’d say 90% of EV enthusiasts were underestimating how much electric vehicle share of the overall auto market would grow in Europe and China. (The US is currently … quite far behind. But EV market share is growing here, too.) If you haven’t been obsessively following CleanTechnica‘s monthly EV sales reports… Continue reading Clean Technica: Fast Growing EV Sales Around The World In 2022 — Charts!002704

Lexus offered dealers the “best opportunity for profit” in March

Lexus offered dealers the best opportunity for profit in March 2023. According to Dealer Auction, premium marque clocked an average retail margin of £3,350, followed by Subaru at £3,100 and Land Rover at £3,000. This represents the most significant shift in the top three makes since the launch of the Retail Margin Monitor, which has been… Continue reading Lexus offered dealers the “best opportunity for profit” in March

STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES

StoreDot’s Extreme Fast Charging (XFC) technology will enable EV car manufacturers to design lighter EVs with smaller battery packs XFC also means drivers needn’t worry about distance between charges or charging times allowing OEMs to rethink EV range and corresponding specifications The result will be improved car efficiency, increased utilization of regenerative braking, reduced carbon… Continue reading STOREDOT’S SILICON BATTERIES WILL ENABLE SMALLER BATTERY PACKS CAPABLE OF EXTREME FAST CHARGING, LEADING TO MORE ACCESSIBLE ELECTRIC VEHICLES

Exclusive: Nissan takes its own road, minus Renault, in seeking tech tie-up, article with image

April 14 (Reuters) – Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA (RENA.PA) as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter. Japan’s third-biggest automaker by sales is seeking a partner outside the auto… Continue reading Exclusive: Nissan takes its own road, minus Renault, in seeking tech tie-up, article with image