Tag: Volvo

Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla – Midwest Communication

By Norihiko Shirouzu HANGZHOU, China (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less… Continue reading Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla – Midwest Communication

BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of… Continue reading BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

Audi’s Grandsphere concept car is another luxurious living room on wheels

Automakers love concept cars that tease a future in which very rich people ride around in autonomous vehicles that look like luxurious living spaces. The latest is Audi’s Grandsphere, a spacious electric sedan with an interior that looks like it was designed by a Kardashian. The car is designed to be adjustable based on the… Continue reading Audi’s Grandsphere concept car is another luxurious living room on wheels

Autos & Transportation · 12:58 PM UTCSpecial Report: How the Chinese tycoon driving Volvo plans to tackle Tesla”Do you know how big Volvo is?” asked D…

HANGZHOU, China, Sept 2 (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.(F.N). It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less than… Continue reading Autos & Transportation · 12:58 PM UTCSpecial Report: How the Chinese tycoon driving Volvo plans to tackle Tesla”Do you know how big Volvo is?” asked D…

How the Chinese tycoon driving Volvo plans to tackle Tesla

The businessman, Li Shufu, had a company with less than half Volvo’s sales and a flagship model, King Kong, almost unknown outside China. He was politely shown the door of the “Glass House,” Ford’s iconic headquarters near Detroit, according to two people who were at the meeting. Ford’s Leclair did not respond to requests for… Continue reading How the Chinese tycoon driving Volvo plans to tackle Tesla

Volvo bags largest electric truck order in North America

Warehousing and distribution company Performance Team, a Maersk company, has placed an order for 16 Volvo VNR Electric Class 8 trucks. Warehousing and distribution company Performance Team – a Maersk Company, has placed an order for 16 Volvo VNR Electric Class 8 trucks. The deal marks the largest commercial order of the North American zero-tailpipe… Continue reading Volvo bags largest electric truck order in North America

Rokbak Revealed: the New Name for Terex Trucks

Rokbak is the new name for Terex Trucks, with the new brand representing the continuation of its strong hauling heritage with a future-focused vision. Throughout the last four decades, the company has never wavered in its promise to customers to deliver powerful and reliable articulated haulers – and that legacy remains front and centre within… Continue reading Rokbak Revealed: the New Name for Terex Trucks

Dr N Karuppaiah: ‘We are betting big on demand for the high-speed track at NATRAX.’

Testing has come of age in India with NATRAX’s world-class 2,900-acre proving ground in Pithampur, which has 14 test tracks including an 11.3km-long high-speed track and state-of-the-art test equipment. Dr N Karuppaiah, Additional Director & Centre Head, NATRAX speaks on what it takes to become a Centre of Excellence in vehicle dynamics and deliver all-round testing capabilities.… Continue reading Dr N Karuppaiah: ‘We are betting big on demand for the high-speed track at NATRAX.’

Worldwide Autonomous Trucking Industry – Hardware Will Reach $88.9 Billion Globally by 2026

DUBLIN, Sept. 1, 2021 /PRNewswire/ — The “Autonomous Trucking Market by Infrastructure, Trucking Type and Business Model 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering. This report assesses the autonomous trucking market, including leading vendors, strategies, product, and service offerings. The report evaluates autonomous trucking by autonomy level, powertrain type, components, and supporting… Continue reading Worldwide Autonomous Trucking Industry – Hardware Will Reach $88.9 Billion Globally by 2026