Tag: Volvo

EV startup Faraday Future seeks $1bn in backdoor Nasdaq listing

Faraday Future, a California-based electric-vehicle startup founded by fugitive Chinese tech entrepreneur Jia Yueting, is seeking to go public on the Nasdaq stock exchange and raise around $1 billion by merging with a special purpose acquisition corporation (SPAC). The troubled EV startup said Thursday that it is merging with SPAC Property Solutions and expects to… Continue reading EV startup Faraday Future seeks $1bn in backdoor Nasdaq listing

@Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…

(Hethel, UK – 28 January 2021) – Following the news today that Phil Popham is to step down from his position at Lotus, the company confirms that Matt Windle, Executive Director, Engineering, is the newly appointed Managing Director, Lotus Cars. Welcoming Matt into his new role, Phil Popham said: “Matt is an excellent fit for… Continue reading @Geely: Thu 28 Jan 2021Matt Windle appointed MD Lotus CarsFollowing the news today that Phil Popham is to step down from his position at Lotus, the company co…

Elon Musk says Tesla’s Cybertruck engineering is done and deliveries may start this year ‘if we get lucky’ (TSLA)

Tesla’s Cybertruck could hit the road as early as this year, Tesla CEO Elon Musk said Wednesday.  On a conference call, Musk said the truck’s design is complete. “If we get lucky, we’ll be able to do a few deliveries toward the end of this year, but I expect volume production to be in 2022,”… Continue reading Elon Musk says Tesla’s Cybertruck engineering is done and deliveries may start this year ‘if we get lucky’ (TSLA)

Isuzu to source truck engines from Cummins for key models

TOKYO — Isuzu Motors will outsource diesel truck engines to Cummins, a U.S. engine supplier, in a move designed to allow the Japanese commercial vehicle maker to focus on emerging technologies, Nikkei learned on Wednesday. The arrangement begins later this year and is expected to help save tens of millions of dollars in research and… Continue reading Isuzu to source truck engines from Cummins for key models

Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks

By Ben Klayman 4 Min Read DETROIT (Reuters) – Truck maker Navistar International Corp said on Wednesday it will collaborate with U.S. automaker General Motors Co and others to develop a hydrogen fuel-cell powered commercial truck and supporting fueling network. FILE PHOTO: A new hydrogen fuel cell truck made by Hyundai is pictured ahead of… Continue reading Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks

German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527

Who is better? Between Tesla-Boss Elon Musk (49) and John Krafcik (59), who runs the Alphabet subsidiary Waymo, which emerged from Google’s car project, has developed something that looks like an ego fight. Tesla’s approach has nothing to do with fully autonomous driving, Krafcik explained in the Interview with manager magazin. “It doesn’t work that… Continue reading German Manager Magazine: Autonomous Driving: Ranking of the leading companies from Waymo to Tesla000527

@Geely: Geely Auto 2020 Sales Reach 1.32 Million Units

Geely Automobile Holdings Limited completes revised annual sales target of 1.32 million units 2021 sales target set at 1.53 million units More modular architecture based models to be unveiled in 2021 2021 January 06, Hangzhou, China. Geely Automobile Holdings Limited (Geely) has reported that its December 2020 sales (including sales of Lynk & Co-branded vehicles… Continue reading @Geely: Geely Auto 2020 Sales Reach 1.32 Million Units

Faraday Future to push forward with EV project in China will enlist Geely’s help: Sources

The company told prospective investors this month it plans to locate the plant in a “tier one Chinese city” and envisions that it will have the capacity to make over 100,000 vehicles a year in its initial phase, one of the sources said. By Yilei Sun and Brenda Goh SHANGHAI: Embattled startup Faraday Future will… Continue reading Faraday Future to push forward with EV project in China will enlist Geely’s help: Sources