Prologue, Honda’s first electric SUV, is coming to market in 2024

Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker’s push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.” Prologue is… Continue reading Prologue, Honda’s first electric SUV, is coming to market in 2024

German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

The automaker Volkswagen wants to gradually get out of the business with combustion cars. “In Europe, we will exit the combustion vehicle business between 2033 and 2035, into the United States and China a little later, “said VW sales director Klaus Zellmer the” Münchner Merkur “(Saturday edition).” In South America and Africa, due to the… Continue reading German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

Chinese automaker Geely Auto scraps plans to list on STAR Market …

China’s Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland’s Nasdaq-like STAR Market. Zhejiang-based Geely Auto, China’s highest-profile automaker thanks to parent Zhejiang Geely Holding Group’s investments in Daimler AG and Volvo Cars, is listed in Hong Kong with a market capitalisation of HK$255 billion ($32.85 billion). In September, Geely Auto said in a… Continue reading Chinese automaker Geely Auto scraps plans to list on STAR Market …

Northvolt, founded by a former Tesla exec, is Europe’s $11.75 billion battery hope. It has a public listing in its sights.

The Swedish startup Northvolt announced Monday it had raised an additional $2.75 billion. The electric-vehicle-battery maker counts Volkswagen, Goldman, and Spotify’s CEO among its backers. CEO Peter Carlsson said the company will eventually need to draw on funds from public markets. See more stories on Insider’s business page. A Swedish startup that is building one… Continue reading Northvolt, founded by a former Tesla exec, is Europe’s $11.75 billion battery hope. It has a public listing in its sights.