Big automakers and companies in other industries have them EU asked in an open letter to set national targets for charging infrastructure electric cars to set. A proposal by the EU Commission envisages that from 2035, only zero-emission new vehicles may be registered across the EU. “EU policymakers must also set binding national targets for… Continue reading German Manager Magazin: Ford, Volvo & Co.: Automakers call for binding targets for charging infrastructure001789
Tag: Volvo
German Handelsblatt: Truck manufacturer: Daimler Truck increases forecast – truck manufacturer benefits from rising prices004315
Daimler trucks The adjusted return on sales should therefore increase to seven to nine percent for the year as a whole. (Photo: dpa) Strict cost discipline and the largest price increase in history bring Daimler Truck good results. The world’s largest manufacturer of trucks and buses was able to increase its sales by more than… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck increases forecast – truck manufacturer benefits from rising prices004315
Volvo Trucks opens battery plant in Belgium
GÖTEBORG, Sweden, May 17, 2022 /PRNewswire/ — Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. “This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally… Continue reading Volvo Trucks opens battery plant in Belgium
Following Volvo and Ford, Renault aims to spin off its EV business into a separate company
Last week, French company Renault announced its plan to fully review spinning off its electric car business into a separate company in 2023, in hopes of catching up with rivals Tesla and Volkswagen. Renault said that the new EV spin-off could bring on board 10,000 new employees by 2023, and its business model would be… Continue reading Following Volvo and Ford, Renault aims to spin off its EV business into a separate company
German Handelsblatt: General meeting: “Blackberry of the automotive industry”: BMW investors demand end date for combustion engines004293
Oliver Zipse at the BMW Annual General Meeting The CEO wants to stick to his strategy. (Photo: BMW) Less than a decade ago, BMW was still considered a great pioneer in terms of electromobility in this country. In fact, in 2013, with the i3, the Munich-based company was the first German vehicle manufacturer to put… Continue reading German Handelsblatt: General meeting: “Blackberry of the automotive industry”: BMW investors demand end date for combustion engines004293
@Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377
Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors Geely Automobile Holdings (Geely Auto, stock code on SEHK: 0175) and Renault Group have reached an agreement into which Geely Auto will subscribe for 34.02% of the shares in Renault Korea Motors (RKM) through a capital increase mechanism. The deal will be… Continue reading @Renault: RENAULT GROUP: Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors000377
Entire US Volvo lineup for 2023 is mild hybrid, plug-in hybrid, or EV
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German Handelsblatt: Software: Operating systems for cars: Daimler Truck joins Apex AI004264
Autonomous driving The digitization of cars, such as assistance systems or self-driving technology, requires operating software that, similar to computers or smartphones, enables functions and applications to be carried out quickly, efficiently and safely. (Photo: BOSCH) Daimler Truck takes a “strategic minority stake” in Apex AI. This was announced by the German-American start-up, which already… Continue reading German Handelsblatt: Software: Operating systems for cars: Daimler Truck joins Apex AI004264
@Geely-Volvo: Volvo Cars reports sales of 47,150 cars in April, share of electrified cars increased to 38.4%
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1,000 workers go on strike at CNH Industrial equipment maker
More than 1,000 workers at two CNH Industrial plants went on strike Monday in search of a better deal with the company that makes agriculture and construction equipment. The United Auto Workers union said Monday the workers in Racine, Wisconsin, and Burlington, Iowa, went on strike at noon after contract talks faltered. The action follows… Continue reading 1,000 workers go on strike at CNH Industrial equipment maker