Tag: Volvo

Hyundai goes really big with its latest electric concept SUV

Hyundai revealed a new electric vehicle concept at the 2021 Los Angeles Auto Show, showing how its scalable EV platform can be stretched to accommodate extra-large SUVs. The Hyundai Seven is built on the automaker’s Electric-Global Modular Platform (E-GMP), which also underpins the upcoming Ioniq 5, Kia EV6, and Genesis GV60. Unlike those vehicles, though,… Continue reading Hyundai goes really big with its latest electric concept SUV

World NM: Volvo Considers New Factory in Europe, Wants to Build More Vehicles Per Year001645

Volvo Cars is pondering the possibility of a third factory in Europe, which would boost production capacity beyond its current maximum. So, instead of up to 1.2 million vehicles per year, the Swedish marque eyes significantly more, but without disclosing the company’s targets. The alleged new factory would be built sometime by the half of… Continue reading World NM: Volvo Considers New Factory in Europe, Wants to Build More Vehicles Per Year001645

Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe

Napolitano wants to attract a different kind of buyer for Lancia. Currently, two thirds of buyers are women, with an average age of 45 and with no children in their household. He sees future models as drawing buyers with an average age of 55, but with at least one child still at home, and evenly… Continue reading Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe

Schaeffler to buy 100,000 tons of green steel each year from Swedish start-up

Schaeffler will source 100,000 tons of the steel, which is produced virtually CO2-free and with the use of hydrogen, from 2025. Automotive and industrial supplier Schaeffler has entered into an agreement with Swedish start-up company H2greensteel to purchase 100,000 tons of the virtually CO2-free steel, which is produced using hydrogen, on an annual basis with… Continue reading Schaeffler to buy 100,000 tons of green steel each year from Swedish start-up

Volvo founding member of First Movers Coalition to drive demand for low carbon tech

GÖTEBORG, Sweden, Nov. 4, 2021 /PRNewswire/ — Roughly half of the emission reductions needed to reach the 2050 climate goals rely on technologies in early development, demonstration, or prototype phases.  Accelerating innovation in this decade is critical to bring these technologies to market and make them cost-competitive. To jumpstart this effort, the World Economic Forum,… Continue reading Volvo founding member of First Movers Coalition to drive demand for low carbon tech

@Geely: Geely Auto Group Unveils Smart Geely 2025 Strategy

Roadmap to boost Geely Auto Group Sales to 3.65 million units Smart Geely 2025 outlines Geely Auto Group’s future development roadmap with electrification and sustainable mobility as central components BEV, HEV, and long-range PHEV models with range reaching 200km to become core part of offerings Geely to intensify commitment to sustainable development with promise to… Continue reading @Geely: Geely Auto Group Unveils Smart Geely 2025 Strategy