Can Polestar succeed where other EV maker SPACs have failed?

The market has cooled on SPACs, but Polestar has the network and know-how Jaclyn Trop 9 hours Polestar, the EV subbrand from Volvo and Geely that launched last week on the Nasdaq at a $20 billion valuation, didn’t earn its $PSNY ticker by taking the traditional route toward an IPO. With the ringing of the… Continue reading Can Polestar succeed where other EV maker SPACs have failed?

Electrify Expo, North America’s Largest Electric Vehicle Festival Charges into Seattle with World’s Leading Electric Vehicle Brands July 23 and 24

Located above Union Bay on Lake Washington, the expo will take over one million square feet of the “E Lot” near Husky Stadium. Consumers can meet with the world’s leading e-mobility brands, and learn about the latest EVs ready for demo, charging solutions, and the advantages of micromobility as part of Seattle city life. Electric… Continue reading Electrify Expo, North America’s Largest Electric Vehicle Festival Charges into Seattle with World’s Leading Electric Vehicle Brands July 23 and 24

Grupo Antolin’s sustainable headliner for vehicle interiors wins plastics recycling award

Grupo Antolin has won the prestigious Plastics Recycling Award Europe 2022 for its sustainable modular headliner for vehicle interiors. Antolin has been awarded in the category Automotive, Electrical or Electronic Product of the Year. This achievement recognizes the first headliner substrate on the market produced by thermoforming different materials (PU foam, textile and plastic reinforcement)… Continue reading Grupo Antolin’s sustainable headliner for vehicle interiors wins plastics recycling award

Tesla Is Forcing the Auto Industry to Rethink How It Sells Cars

In 2019, many auto experts said Tesla was making a big mistake by deciding to sell cars only online, arguing that whatever bad feelings people had about dealerships they were essential to the car business. But the strategy, which was adopted by Elon Musk, Tesla’s chief executive, and combines direct sales with a limited number… Continue reading Tesla Is Forcing the Auto Industry to Rethink How It Sells Cars

Worldwide Autonomous Vehicle Industry to 2027 – Featuring Daimler, Ford Motor, General Motors and Tesla Among Others

DUBLIN, July 5, 2022 /PRNewswire/ — The “Autonomous Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global autonomous vehicle market reached a value of US$ 42.2 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 297.3 Billion by 2027, exhibiting… Continue reading Worldwide Autonomous Vehicle Industry to 2027 – Featuring Daimler, Ford Motor, General Motors and Tesla Among Others

Volvo Group Venture Capital invests in Optibus, a software company for efficient sustainable bus operations

GÖTEBORG, Sweden, July 5, 2022 /PRNewswire/ — Volvo Group Venture Capital AB invests in Optibus Ltd, that develops and provides optimization software for public transportation planning and management. The investment highlights the companies’ shared commitment to sustainable bus fleets and more efficient transportation operations.  High quality, sustainable public transportation can be achieved through industry-wide digitalization and vehicle… Continue reading Volvo Group Venture Capital invests in Optibus, a software company for efficient sustainable bus operations

Invitation to the Volvo Group report on the second quarter 2022

GÖTEBORG, Sweden , July 5, 2022 /PRNewswire/ — The Volvo Group report for the second quarter 2022 will be published on Juli 19, 2022, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST. An online presentation of the report, followed by a question-and-answer session, will be broadcast at… Continue reading Invitation to the Volvo Group report on the second quarter 2022

Dump Truck Market to value USD 30 billion by 2030, Says Global Market Insights Inc.

The COVID-19 pandemic adversely impacted the dump truck market growth due to strict lockdown in several countries in 2020. Manufacturing plants were shut down, resulting in lower production rates. The impact of the COVID-19 pandemic has led construction & mining contractors to postpone their new equipment purchase decisions, thus hindering the construction equipment market growth… Continue reading Dump Truck Market to value USD 30 billion by 2030, Says Global Market Insights Inc.

Northvolt pozyskał 1,1 miliarda dolarów na rozbudowę fabryk w Europie

Northvolt ogłosił dzisiaj pozyskanie konwertowalnego finansowania dłużnego o wartości 1,1 miliarda dolarów na sfinansowanie ekspansji produkcji materiału katodowego, ogniw i systemów bateryjnych w Europie w celu zaspokojenia szybko rosnącego zapotrzebowania na baterie. Inwestorami uczestniczącymi w tej rundzie pozyskiwania kapitału byli AMF, AP funds 1-4 (poprzez firmę 4 to 1 Investments), ATP, Ava Investors, Baillie Gifford,… Continue reading Northvolt pozyskał 1,1 miliarda dolarów na rozbudowę fabryk w Europie