Tag: Volvo

EU-UK trade deal: EU automobile manufacturers react

Brussels, 24 December 2020 – The European Automobile Manufacturers’ Association (ACEA) welcomes the deal struck today between the European Union and the United Kingdom on their future trading relations. This agreement is a great relief for European automobile manufacturers, allowing the sector to avoid the catastrophic effect of a no-deal Brexit. “There is no other… Continue reading EU-UK trade deal: EU automobile manufacturers react

@Ford: Ford Shares Connected Car Data with Other Manufacturers to Help Make Journeys Safer – Even if You Don’t Drive a Ford

Ford cars to share information about potential road safety incidents to help warn road users – including drivers of other manufacturer vehicles, as well as Fords – of hazards ahead Local Hazard Information connected car technology already warns other Ford drivers of safety incidents; now even more drivers will benefit from road safety warnings Reciprocal… Continue reading @Ford: Ford Shares Connected Car Data with Other Manufacturers to Help Make Journeys Safer – Even if You Don’t Drive a Ford

Hyundai becomes third OEM to invest in Israel’s UVeye

Israel-based UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and several other investors to accelerate the company’s global expansion plans. The company counts Volvo and Toyota Motor Corporation among its early backers. The company has raised more than $40 million (Rs 296 crore) from carmakers and other strategic… Continue reading Hyundai becomes third OEM to invest in Israel’s UVeye

China’s Geely teams up with Tencent on smart car tech

By Reuters Staff 1 Min Read Slideshow ( 4 images ) BEIJING/SHANGHAI (Reuters) – China’s Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the… Continue reading China’s Geely teams up with Tencent on smart car tech

BMW becomes the latest automaker to shut down its subscription service

BMW is suspending its two-year-old car subscription service, The Verge has learned. Access by BMW was launched in 2018 in Nashville as a pilot project to test out whether customers would want to have access to a fleet of fancy cars but not necessarily own one. But recent requests to sign up have been met… Continue reading BMW becomes the latest automaker to shut down its subscription service

Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers, the companies said in a statement. It marks the latest move by… Continue reading Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

New Lynk&Co Zero electric coupe-SUV begins testing – Autocar

The new Lynk&Co Zero, an electric coupé-SUV built on a new dedicated EV architecture set to underpin future Volvo models, has completed its first dynamic testing in China, ahead of going on sale in the country next year. The Volkswagen ID 4 rival will be the first electric model from Geely’s Chinese premium brand, which… Continue reading New Lynk&Co Zero electric coupe-SUV begins testing – Autocar

HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show

The four-day event held from January 8-11 featured some of the world’s largest carmakers. Located between the BMW, Volvo, and Tesla exhibits, the HiPhi X put on an impressive display as it danced along to a rendition of “I Love You China” and a special Christmas number. These kinds of performances are made possible through… Continue reading HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show