Cutting ties with China is ‘unthinkable’, Mercedes-Benz CEO tells Bild am Sonntag

FRANKFURT, April 30 (Reuters) – Cutting economic ties with China is unrealistic, the chief executive of luxury carmaker Mercedes-Benz (MBGn.DE) told tabloid newspaper Bild am Sonntag, and said attempting to do so would put most of Germany’s industry at risk. Europe is trying to reduce its dependency on China as the disruption of the pandemic… Continue reading Cutting ties with China is ‘unthinkable’, Mercedes-Benz CEO tells Bild am Sonntag

Where new mobility technologies are innovated

A Volkswagen electric ID. Next is debuted at an event ahead of the Auto Shanghai, on April 17. [Photo/Agencies] As EVs morph into digital devices on wheels in China, markets appear for onboard infotainment, sci-fi features Until very recently, vehicles were used as mobility tools — they helped people to travel from point A to point… Continue reading Where new mobility technologies are innovated

Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more

Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more Volvo Trucks India, a division of VE Commercial Vehicles, has delivered its 325th tractor-trailer to Delhivery Ltd, India’s largest fully-integrated logistics services provider, for express and B2B logistics operations. Roger Alm, EVP of Volvo Group and President of Volvo Trucks,… Continue reading Volvo Trucks India delivers 325th tractor-trailer to Delhivery, gets letter of intent for 200 more

Automotive Camera Global Market Report 2023: Government Initiatives for Vehicle Safety Features in Developed and Emerging Economies Bolster Sector

DUBLIN, April 28, 2023 /PRNewswire/ — The “Automotive Camera Market by Application (ACC, BSD, LDW, FCW, AFL, IPA, Driver Monitoring System & Night Vision), View (Front, Rear, Surround), Technology, Level of Autonomy, ICE-Electric & Hybrid Vehicle, Application & Region – Global Forecast to 2028” report has been added to  ResearchAndMarkets.com’s offering. The automotive camera market is… Continue reading Automotive Camera Global Market Report 2023: Government Initiatives for Vehicle Safety Features in Developed and Emerging Economies Bolster Sector

New number of votes in AB Volvo

GOTHENBURG, Sweden, April 28, 2023 /PRNewswire/ — The number of votes in AB Volvo has changed due to the conversion of a total of 104 Series A shares to a total of 104 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A… Continue reading New number of votes in AB Volvo

Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla’s EV price war

Mobileye signage during the company’s IPO at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above its marketed range to raise $861 million. Michael Nagle | Bloomberg |… Continue reading Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla’s EV price war

Auto companies explore CCER methodologies

Representatives meet to discuss CCER methods in Beijing on April 26, 2023. [Photo provided to chinadaily.com.cn] Representatives from over 30 companies in the automotive industry including BAIC Group and Volvo discussed ways on Wednesday to assess the sector’s carbon reduction efforts in the China Certified Emission Reduction scheme. The CCER refers to emissions reduction activities… Continue reading Auto companies explore CCER methodologies

More Chinese carmakers set sights on European market

Spiros Fotinos, CEO of Zeekr Europe, explains the marque’s overseas strategy at the Shanghai auto show. [Photo provided to chinadaily.com.cn] SHANGHAI — More Chinese carmakers are no longer satisfied with the existing markets including Southeast Asia and Latin America, and have now set their sights on the European market. At the ongoing exhibition of Auto… Continue reading More Chinese carmakers set sights on European market