China’s Geely Automobile first-half profit climbs 4% on recovery in sales

By Reuters Staff 2 Min Read BEIJING (Reuters) -China’s Geely Automobile Holdings Ltd warned on Wednesday of a potential short-term performance hit due to a global chip shortage and a resurgence in COVID-19 cases, but kept its annual sales target, betting on new product launches. FILE PHOTO: The Geely Automobile Holdings logo is pictured at… Continue reading China’s Geely Automobile first-half profit climbs 4% on recovery in sales

China’s Geely Automobile first-half profit up 4%

By Reuters Staff 2 Min Read FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China April 25, 2016. REUTERS/Kim Kyung-Hoon BEIJING (Reuters) -China’s Geely Automobile Holdings Ltd said on Wednesday its first-half net profit grew 4%, as sales in the world’s biggest auto market recover… Continue reading China’s Geely Automobile first-half profit up 4%

China · 4:41 AM UTCChina’s Geely Automobile first-half profit up 4%China’s Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its first-half ne…

BEIJING, Aug 18 (Reuters) – China’s Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its first-half net profit grew 4%, as the world’s biggest car market recovers. Hangzhou-based Geely, China’s highest-profile automaker globally due to the group’s investments in Volvo Cars and Daimler AG (DAIGn.DE), posted January-June profit of 2.38 billion yuan ($367.20 million), versus… Continue reading China · 4:41 AM UTCChina’s Geely Automobile first-half profit up 4%China’s Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its first-half ne…

UVeye Names Michael Bush Fleet Sales Director for the United States

CLEVELAND, Aug. 17, 2021 /PRNewswire/ — Michael Bush has been named U.S. fleet sales director for UVeye, a supplier of high-speed vehicle inspection systems for the transportation industry with offices in Ohio and New Jersey.   Bush had been a senior sales executive with National Risk Management Services focused on the transportation sector. He previously was… Continue reading UVeye Names Michael Bush Fleet Sales Director for the United States

German Manager Magazin: Electric car: Joe Biden sets 50 percent quota for emission-free cars001038

US President Joe Biden (78) wants to make his country’s auto industry greener – also with a view to the competition in Europe and China. By 2030, half of all new vehicles sold in the US are expected to have an alternative drive system, according to an executive order signed by Biden on Thursday (local… Continue reading German Manager Magazin: Electric car: Joe Biden sets 50 percent quota for emission-free cars001038

NVIDIA Brings Metaverse Momentum, Research Breakthroughs and New Pro GPU to SIGGRAPH

Award-winning research, stunning demos, a sweeping vision for how NVIDIA Omniverse will accelerate the work of millions more professionals, and a new pro RTX GPU were the highlights at this week’s SIGGRAPH pro graphics conference. Kicking off the week, NVIDA’s SIGGRAPH special address featuring Richard Kerris, vice president, Omniverse, and Sanja Fidler, senior director, AI… Continue reading NVIDIA Brings Metaverse Momentum, Research Breakthroughs and New Pro GPU to SIGGRAPH

Jack Ma-linked startup scours Greenland for EV battery materials

A mineral exploration startup linked to Alibaba founder Jack Ma will partner with a mining company to hunt for EV-battery raw materials in Greenland, as automakers barrel toward an all-electric future amid mounting climate concerns. Kobold Metals has signed a joint venture agreement with BlueJay Mining, in which Kobold will hold a 51% stake and… Continue reading Jack Ma-linked startup scours Greenland for EV battery materials

Technology · 12:16 AM UTCSamsung SDI considering building battery plant in Illinois, says senatorSouth Korea’s Samsung SDI Co Ltd (006400.KS) is consi…

The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman WASHINGTON/SEOUL, Aug 13 (Reuters) – South Korea’s Samsung SDI Co Ltd (006400.KS) is considering building a battery plant in central Illinois, Senator Dick Durbin told reporters on Thursday. Durbin said Samsung is in… Continue reading Technology · 12:16 AM UTCSamsung SDI considering building battery plant in Illinois, says senatorSouth Korea’s Samsung SDI Co Ltd (006400.KS) is consi…

Volvo Trucks Delivers the First of Five VNR Electrics to New York Customer Manhattan Beer Distributors

“Volvo Trucks commends Manhattan Beer Distributors for continuing two decades of leadership in bringing the most advanced and sustainable commercial trucks to New York City,” said Peter Voorhoeve, president of Volvo Trucks North America. “By working together with customers like Manhattan Beer Distributors that are dedicated to reducing their environmental impact, Volvo Trucks has been… Continue reading Volvo Trucks Delivers the First of Five VNR Electrics to New York Customer Manhattan Beer Distributors

Electric Trucks Market worth 1,413,694 units by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 12, 2021 /PRNewswire/ — According to the new market research report “Electric Trucks Market by Propulsion(BEV, PHEV & FCEV), Type (Light, Medium & Heavy-duty Trucks), Range (upto 200 miles & above 200 miles), Battery Type, Battery Capacity, Level of Automation, End User, Payload Capacity & Region – Global Forecast to 2030″, published by MarketsandMarkets™, the Electric… Continue reading Electric Trucks Market worth 1,413,694 units by 2030 – Exclusive Report by MarketsandMarkets™