Volvo plans to build cars using steel made without fossil fuels by 2026, as part of a deal that could significantly reduce the carbon emissions from manufacturing its vehicles. The Swedish carmaker and compatriot steelmaker SSAB signed a letter of intent to commercialise technology that replaces coal with hydrogen in a crucial part of the… Continue reading Volvo to build steel cars without fossil fuels by 2026
Tag: Volvo
Polestar 3 electric performance SUV to be manufactured in the USA
The move transforms Polestar into a truly global brand with an industrial capacity in the two largest single markets for electric vehicles in the world – the USA and China – alongside its headquarters and established sales and distribution capabilities in Europe. “Polestar 3 will be built in America, for our American customers,” says Thomas… Continue reading Polestar 3 electric performance SUV to be manufactured in the USA
Europa Wire: Volvo Cars to source steel made from hydrogen-reduced iron from SSAB’s HYBRIT pilot plant in Luleå, Sweden000106
Car manufacturing underway at Luqiao manufacturing plant in China (PRESS RELEASE) STOCKHOLM, 16-Jun-2021 — /EuropaWire/ — SSAB (STO: SSAB-A), a Nordic and US-based steel company, has announced it is partnering with Volvo Cars, a Swedish luxury automobile brand, to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry. The collaboration… Continue reading Europa Wire: Volvo Cars to source steel made from hydrogen-reduced iron from SSAB’s HYBRIT pilot plant in Luleå, Sweden000106
@Geely-Volvo: Volvo Cars is first car maker to explore fossil-free steel with SSAB
Go to Source
Geely’s EV brand Zeekr sells out of deliverable cars for this year
By Reuters Staff 1 Min Read FILE PHOTO: Visitors check a Zeekr 001, a model from Geely’s new premium electric vehicle (EV) brand Zeekr, at its factory in Ningbo, Zhejiang province, China April 15, 2021. REUTERS/Yilei Sun/File Photo BEIJING (Reuters) – Zeekr, a new premium electric vehicle (EV) brand launched this year by Geely, has… Continue reading Geely’s EV brand Zeekr sells out of deliverable cars for this year
Autocar Business Live: How we’ll buy our cars in the future webinar
Lex Kerssemakers, Daksh Gupta and Michelle Wells join us for the next instalment of Autocar Business Live, looking at the future of retail in the automotive industry. As with most things in life, recent events have forced both OEMs and car dealers to examine their businesses and analyse the most efficient ways to operate them.… Continue reading Autocar Business Live: How we’ll buy our cars in the future webinar
Volvo EV owners to get cheaper public charging rates
Owners of pure-electric Volvos will soon gain access to cheaper public charging rates from Ionity charging stations, as part of a collaboration with charing point locator app Plugsurfing. Volvo EV drivers who sign up for the scheme will only pay £0.30/kWh at Ionity chargers, compared to the usual rate of £0.69/kWh. The discount will go… Continue reading Volvo EV owners to get cheaper public charging rates
China’s Geely to press on with methanol vehicles, chairman says
Chinese automaker Geely (GEELY.UL) will keep working on vehicles powered by methanol even though the effort may fail, chairman Li Shufu said on Sunday. Zhejiang-based Geely, among a small number of automakers developing methanol-powered vehicles, is testing methanol taxis in some western Chinese cities as well as developing methanol-powered trucks at its commercial vehicles unit.… Continue reading China’s Geely to press on with methanol vehicles, chairman says
FCP Euro Closes $25 Million Debt Facility For Growth Capital
“This deal marks the culmination of a multi-year vetting process that not just identified a transactional bank, but a company that can provide industry-leading advisory, analytics, growth capital, information security, and treasury management services that align with our growth strategy,” said Scott Drozd, CEO of FCP Euro. “FCP Euro is proud to work with JPMorgan… Continue reading FCP Euro Closes $25 Million Debt Facility For Growth Capital
‘This car crushes’ Musk says, as Tesla launches faster Model S ‘Plaid’
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo Tesla Inc (TSLA.O) delivered a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and… Continue reading ‘This car crushes’ Musk says, as Tesla launches faster Model S ‘Plaid’