Volvo AB: truckmaker offers up a trailer load of first-quarter profits

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 Volvo AB: truckmaker offers up a trailer load of first-quarter profits

Europa Wire: Volvo Penta accelerates entry into utility sector with UIG investment000552

Volvo Penta accelerates entry into utility sector with UIG investment (IN BRIEF) Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG), a US-based utility systems and decentralized energy solutions specialist, to accelerate its entry into the utility sector and develop its battery energy storage subsystem and power generation portfolio towards net zero.… Continue reading Europa Wire: Volvo Penta accelerates entry into utility sector with UIG investment000552

Mercedes posts rise in Q1 sales boosted by EVs, premium cars, article with image

April 12 (Reuters) – Mercedes-Benz Group (MBGn.DE) sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales increased 3% to 503,500 vehicles, with Europe posting the strongest growth at 8%. The firm saw the biggest sales plunge in the… Continue reading Mercedes posts rise in Q1 sales boosted by EVs, premium cars, article with image

Truck maker Volvo posts record Q1 as sales, margins beat forecasts, article with image

Summary Companies Posts 45% jump in preliminary Q1 earnings Adjusted EBIT 18.4 bln crowns vs forecast 12.9 bln Full earnings due on April 20 Shares rise 9.6% in early trade OSLO, April 12 (Reuters) – AB Volvo (VOLVb.ST) reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins… Continue reading Truck maker Volvo posts record Q1 as sales, margins beat forecasts, article with image

Autocar magazine 12 April: on sale now

This week in Autocar magazine, we’ve got the lowdown the future of Audi, including 24 new models. Plus, the new Mini hatchback has been revealed, and we examine the BMW 3 Series.  News Audi is preparing to launch 24 new models over the coming years, including a radical, all-electric replacement for the Audi A8. Read all… Continue reading Autocar magazine 12 April: on sale now

Greenfuel Energy eyes Rs 1,000 crore turnover in FY28; Aims to be an end-to-end solution provider in hydrogen

Greenfuel Energy eyes Rs 1,000 crore turnover in FY28; Aims to be an end-to-end solution provider in hydrogen Greenfuel Energy Solutions, a Gurugram-based manufacturer of high-pressure components for Compressed Natural Gas (CNG) engines, is expecting to touch Rs 1,000 crore in turnover in the next four years. The company plans to expand its hydrogen and… Continue reading Greenfuel Energy eyes Rs 1,000 crore turnover in FY28; Aims to be an end-to-end solution provider in hydrogen

Volvo CE and Portable Electric to provide mobile charging solutions for electric construction equipment

Yellow construction machines are beginning to go electric, and this raises an interesting question: Many construction sites have no access to grid power, so how are these EVs to be recharged? To address this issue, Volvo Construction Equipment has partnered with Portable Electric, a North American provider of energy generation and storage solutions. Portable Electric’s… Continue reading Volvo CE and Portable Electric to provide mobile charging solutions for electric construction equipment

Construction equipment industry grows by 25% in FY2023, could rise 15-20% in FY2024

Construction equipment industry grows by 25% in FY2023, could rise 15-20% in FY2024 The Indian construction equipment (CE) industry, which aspires to become the world’s second largest by 2030, is believed to have grown by 25% year on year in FY2023, surpassing 100,000-unit sales for the second year in a row. The main reason for this… Continue reading Construction equipment industry grows by 25% in FY2023, could rise 15-20% in FY2024

Clean Technica: World BEV Sales Now 10% Of World Auto Sales002690

Global plugin vehicle registrations were up 49% in February 2023 compared to February 2022. There were 812,000 registrations, representing 14% share (9.7% BEV share) of the overall auto market. This means that the global automotive market is in the Electric Disruption Zone. Year to date, the market share is now at 13% (8.7% BEV). Fully electric… Continue reading Clean Technica: World BEV Sales Now 10% Of World Auto Sales002690

Stellantis (STLA) Unveils 2025 Ram 1500 REV With Two Options

Stellantis N.V. STLA introduced its all-electric 2025 Ram 1500 REV at the New York International Auto Show. Ram 1500 REV is the first battery-electric light-duty pickup truck from Ram Truck. The truck will be available in two choices, including a standard 168 kilowatt-hour battery pack with a targeted range of up to 350 miles and… Continue reading Stellantis (STLA) Unveils 2025 Ram 1500 REV With Two Options