STOCKHOLM, Aug 11 (Reuters) – Volvo Cars, owned by China’s Geely Holding (GEELY.UL), will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips, it said on Wednesday. A global chip shortage has hit manufacturing, with automakers cutting down on production and electronic device makers struggling to keep up… Continue reading Autos & TransportationChip shortage prompts production halt at Volvo Cars in Gothenburg7:23 AM UTC
Tag: Volvo
BMW Has Fallen Behind in the Electric Vehicle Race
MUNICH — Eight years ago, BMW was one of the first major automakers to sell a battery-powered car: The i3 broke ground with its lightweight carbon-fiber body and aluminum chassis. But lately, the German company, known for its sporty luxury cars and “ultimate driving machines,” has fallen behind in the global race to develop the… Continue reading BMW Has Fallen Behind in the Electric Vehicle Race
North American Class 6-8 Truck Market Report 2021: Heavy Truck Registrations in the U.S. Plummeted in 2020 with a 26% y-o-y Decline – Forecasts to 2026
DUBLIN, Aug. 10, 2021 /PRNewswire/ — The “North American Class 6-8 Truck Market – 2021-2026 – Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities and Market Outlook – Daimler, Volvo, PACCAR, Navistar-Traton” report has been added to ResearchAndMarkets.com’s offering. The registration of heavy trucks in the U.S. plummeted in 2020 with… Continue reading North American Class 6-8 Truck Market Report 2021: Heavy Truck Registrations in the U.S. Plummeted in 2020 with a 26% y-o-y Decline – Forecasts to 2026
Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
A federal safety agency told automakers on Tuesday to begin reporting and tracking crashes involving cars and trucks that use advanced driver-assistance technology such as Tesla’s Autopilot and General Motors’ Super Cruise, a sign that regulators are taking the safety implications of such systems more seriously. Automakers must report serious crashes within one day of… Continue reading Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
Time to Embark: Autonomous Trucking Startup Develops Universal Platform on NVIDIA DRIVE
Autonomous trucking startup Embark is planning for universal autonomy of commercial semi-trucks, developing one AI platform that fits all. The company announced today that it will use NVIDIA DRIVE to develop its Embark Universal Interface (EUI), a manufacturer-agnostic platform that includes the compute and multimodal sensors necessary for autonomous trucks. This flexible approach, combined with… Continue reading Time to Embark: Autonomous Trucking Startup Develops Universal Platform on NVIDIA DRIVE
Geely recharges Renault’s Chinese ambitions with hybrid tie-up
BEIJING — Volvo Car owner Geely will team up with the Renault group on hybrid vehicles in China and South Korea, in the latest European alliance for the largest private-sector Chinese automaker in the world’s biggest auto market. Zhejiang Geely Holding Group is expected to take a majority stake in a new joint venture under… Continue reading Geely recharges Renault’s Chinese ambitions with hybrid tie-up
World NM: Renault Samsung, Lynk & Co to develop eco-friendly car001442
Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will partner with Lynk & Co. to develop an environment friendly vehicle in the Korean market. Lynk & Co. is the automotive brand formed as a joint venture between Geely and Volvo in 2016. Renault Samsung badly needs a new model,… Continue reading World NM: Renault Samsung, Lynk & Co to develop eco-friendly car001442
Autos & Transportation · 12:04 AM UTCRenault to explore hybrid vehicles with GeelyRenault (RENA.PA) and Geely said on Monday they would jointly develo…
A logo of Renault carmaker is pictured at a dealership in Brest, France, February 19, 2021. REUTERS/Stephane Mahe BEIJING/SHANGHAI, Aug 9 (Reuters) – Renault (RENA.PA) and Geely said on Monday they would jointly develop petrol-electric hybrid vehicles for China and South Korean markets, as the French automaker revives plans for the world’s biggest car market… Continue reading Autos & Transportation · 12:04 AM UTCRenault to explore hybrid vehicles with GeelyRenault (RENA.PA) and Geely said on Monday they would jointly develo…
Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer
The $3.8 billion sale of Swedish automotive tech company Veoneer to Magna International hit a roadblock Thursday after chipmaker Qualcomm submitted a bid for the company for $800 million more. Qualcomm’s $4.6 billion bid, which comes in at $37 per share, has already received approval from the company’s board and would not need a stockholder… Continue reading Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer
@BMW: California Framework Automakers’ Joint Statement on New Federal Vehicle Emissions Standards.001357
California Framework Automakers’ Joint Statement on New Federal Vehicle Emissions Standards. Washington, DC. – August 5, 2021… Today, BMW, Ford, Honda, Volkswagen, and Volvo Cars, the automakers who partnered with California when the previous administration attempted to roll back federal vehicle emissions standards, released a joint statement regarding the Biden Administration’s move to set new… Continue reading @BMW: California Framework Automakers’ Joint Statement on New Federal Vehicle Emissions Standards.001357