Tag: Volvo

Northvolt raises $1.1 billion to support factory rollout plans in Europe

Northvolt today announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. Investors participating in the capital raise were AMF, AP funds 1-4 (via the co-owned company 4 to 1 Investments), ATP, Ava Investors, Baillie… Continue reading Northvolt raises $1.1 billion to support factory rollout plans in Europe

Northvolt erhält Finanzierung in Höhe von 1,1 Milliarden Dollar für Expansionspläne in Europa

Northvolt gab heute die Unterzeichnung einer Wandelanleihe in Höhe von 1,1 Mrd. USD bekannt, mit der das Unternehmen die Ausweitung der Produktion von Batteriezellen und Kathodenmaterial in Europa finanzieren will, um die rasch wachsende Nachfrage nach Batterien zu decken. An der Finanzierungsrunde beteiligten sich folgende Investoren: AMF, AP funds 1-4 (über das gemeinsame Unternehmen 4… Continue reading Northvolt erhält Finanzierung in Höhe von 1,1 Milliarden Dollar für Expansionspläne in Europa

Daimler tests fuel-cell truck with liquid hydrogen

Daimler Truck is onto its next milestone on the road to sustainable transportation also with hydrogen-based drives. Since last year, a Mercedes-Benz GenH2 Truck fuel-cell prototype has been undergoing intensive testing – both on the in-house test track and on public roads. Daimler Truck is now putting another prototype into operation to test the use… Continue reading Daimler tests fuel-cell truck with liquid hydrogen

Insights on the Marine Propulsion Engine Global Market to 2027 – by Engine Type, Power Source, Power Range, Vessel Type and Region

DUBLIN, July 4, 2022 /PRNewswire/ — The “Marine Propulsion Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global marine propulsion engine market reached a value of US$ 36.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 42.9 Billion by… Continue reading Insights on the Marine Propulsion Engine Global Market to 2027 – by Engine Type, Power Source, Power Range, Vessel Type and Region

Geely founder’s venture bet big on smartphones after Meizu stake buy

A venture run by the founder of Chinese automaker Zhejiang Geely Holding said on Monday it will look to break uniformity in the smartphone industry, as it completed a purchase of a majority stake in handset brand Meizu. The deal by Hubei Xingji Shidai Technology Co Ltd, which was launched by Geely‘s chairman Eric Li last year as part of a push by the automaker into premium… Continue reading Geely founder’s venture bet big on smartphones after Meizu stake buy

Volvo Cars to set up EV plant in Slovakia

Volvo Cars has announced plans to set up a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and to capture future growth potential. The new state-of-the-art plant will be climate neutral and build only electric cars, underpinning the company’s ambition to become fully… Continue reading Volvo Cars to set up EV plant in Slovakia

Cleantechnica: Sweden’s Plugin EV Share Grows In June — Tesla Model Y Overall Bestseller 002086

In June 2022 Sweden’s plugin electric vehicles took 55.1% market share, up from 49.4% YoY. BEVs grew share by over 31% YoY, whilst PHEVs reduced share slightly. Overall auto market volume, at 26,059 units, was 28% down YoY. Sweden’s best selling vehicle (of any powertrain) in May was the Tesla Model Y. June’s combined plugin… Continue reading Cleantechnica: Sweden’s Plugin EV Share Grows In June — Tesla Model Y Overall Bestseller 002086

OEMs go all out to woo SUV buyers

The Hyryder is Toyota’s first mid-size SUV for India and will be launched in the coming months. Automakers are pitching their upcoming offerings to car buyers with marketing plans that use innovative key words and messaging such as ’Hot n Techy’ in case of the Brezza or ‘Big Daddy’, the tagline for Mahindra’s new Scorpio-N, to showcase their… Continue reading OEMs go all out to woo SUV buyers

10 Things We Just Learned About The Noble M500 – HotCars

After making the M600 in limited numbers Noble set their sights on making a more user-friendly supercar, and that is exactly what the M500 promises to be. After extracting every ounce of power from the old 3.0 liter Duratec engine, effectively culminating in the M15, they switched over to a Volvo V8 for the M600,… Continue reading 10 Things We Just Learned About The Noble M500 – HotCars