Tag: Volvo

California reaches 22% BEV market share, Tesla is down but not doing half bad

California has reached a record of 22% market share for battery-electric vehicles (BEV) and over 40% if you account for PHEVs and HEVs. Tesla has been responsible for much of California’s EV leadership, but the automaker is now down in the important EV market. Battery-electric vehicles (BEV) are now hitting an all-time record of 22.2%… Continue reading California reaches 22% BEV market share, Tesla is down but not doing half bad

Stoneridge Reports Third Quarter 2024 Results

MirrorEye Becomes Standard Equipment on Several European Truck Platforms MirrorEye OEM Programs to Launch with Daimler Truck North America and a European Brand Year-to-Date Cash Performance Improved $31.3 million vs. Same Period in 2023 2024 Third Quarter Results Sales of $213.8 million Gross profit of $44.5 million Adjusted gross profit of $44.6 million (20.9% of… Continue reading Stoneridge Reports Third Quarter 2024 Results

German Manager Magazine: Northvolt: Battery manufacturer stops payments to joint venture “Novo Energy” with Volvo003691

Money is running out: the battery manufacturer Northvolt has stopped payments to joint venture partner Volvo. The board decided to finance its own battery operations in Sweden, Germany and Canada Northvolt announced on Wednesday that priority should be given. Meanwhile, Volvo Cars announced that it would acquire Northvolt’s JV shares in Novo Energy. Northvolt did… Continue reading German Manager Magazine: Northvolt: Battery manufacturer stops payments to joint venture “Novo Energy” with Volvo003691

TIME Selects InductEV’s Wireless EV Charging Solution as a 2024 Best Invention in the Sustainability Category

PA-based Company Recognized by TIME Editors for its Technology That is “Revolutionizing the World” From Thousands of Entries Globally KING OF PRUSSIA, Pa., Oct. 30, 2024 /PRNewswire/ — InductEV, the pioneer in inductive wireless vehicle charging, today announced that its technology solution has been named as a TIME Best Invention for 2024. A network of… Continue reading TIME Selects InductEV’s Wireless EV Charging Solution as a 2024 Best Invention in the Sustainability Category

Volvo moves to buy out Northvolt from Gothenburg battery project

Standard Digital $39 per month Get essential digital access to quality FT journalism on any device. Pay a year upfront and save 20% What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Volvo moves to buy out Northvolt from Gothenburg battery project

Daimler Truck and Volvo Group to jointly develop SDV platform

Daimler Truck and Volvo Group will jointly develop a common software-defined vehicle (SDV) platform, and a dedicated truck operating system, through a new joint venture spawned as part of a new binding agreement. Through it, the OEMs are looking to provide the foundation for future software-defined commercial vehicles. The transaction for the joint venture is… Continue reading Daimler Truck and Volvo Group to jointly develop SDV platform

Autocar magazine 30 October: on sale now

In this week’s issue we take a look at the all new Ford Capri, discover Volvo’s latest EV, delve into the secrets of McLaren’s Lego P1 and detail Jaguar’s revival of the E-Type.  News The ES90 from Volvo is the first of five all-new electric vehicles to use new advanced tech, James Attwood tells all… Continue reading Autocar magazine 30 October: on sale now

Forsman & Bodenfors Opens Office in MENA, Another Sign of Stagwell’s (STGW) Growth in the Region

NEW YORK and RIYADH, Saudi Arabia, Oct. 30, 2024 /PRNewswire/ — Today, global creative agency Forsman & Bodenfors officially launched its presence in MENA, furthering the challenger network Stagwell’s (NASDAQ: STGW) foothold across the region. Continue Reading Today, Forsman & Bodenfors officially launched its presence in MENA, furthering Stagwell’s foothold across the region. Post this Forsman… Continue reading Forsman & Bodenfors Opens Office in MENA, Another Sign of Stagwell’s (STGW) Growth in the Region