LONDON, Feb. 3, 2023 /PRNewswire/ — Today marks the launch of the EV Magazine LIVE events series, with the inaugural event, EV Magazine LIVE – The Future of EV, due to kick off in just a couple of hours. EV Magazine is a new brand, launched in October, covering all things electric vehicles, connected car,… Continue reading EV Magazine LIVE is nearly upon us
Tag: Geely
@Geely-Volvo: Volvo Cars reports global sales of 48,520 cars in January
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STOCKHOLM, Feb 3 (Reuters) – Sweden-based Volvo Car AB (VOLCARb.ST) said on Friday its sales increased by 2% year-on-year in January to 48,520 cars as sales tumbled in China due to public holidays. Volvo Cars, which is majority-owned by China’s Geely Holding (0175.HK), said the increase at group level was led by markets such as… Continue reading Untitled
Tina Hultkvist to resign as Volvo Group Chief Financial Officer and member of the Executive Board
GOTHENBURG, Sweden, Feb. 3, 2023 /PRNewswire/ — Tina Hultkvist has decided to resign from her role as Volvo Group Chief Financial Officer and member of the Executive Board. She has 25 years of experience at Volvo Group and has served as the Volvo Group CFO since March 2022. Jan Ytterberg, previously Volvo Group Chief Financial Officer… Continue reading Tina Hultkvist to resign as Volvo Group Chief Financial Officer and member of the Executive Board
Electric cars gain record market share in Europe
Electric car sales set a new market share record in the European Union in 2022, industry figures showed Wednesday, as the region seeks to rid itself of fossil fuel cars. Battery-powered electric cars accounted for 12.1 percent of new car sales, compared to 9.1 percent in 2021 and 1.9 percent in 2019, according to the… Continue reading Electric cars gain record market share in Europe
Chinese lidar maker Hesai says looking to raise up to $171m in US IPOTo date, Hesai has raised over $500m from Xiaomi, Baidu and others.
China’s Hesai Group on Friday announced plans to raise as much as $171 million in an initial public offering in the United States, according to a term sheet. The Shanghai-based lidar maker will offer up to 9 million American depositary shares (ADS) at between $17 and $19 apiece. Laser-based lidar sensors help self-driving cars detect objects ahead… Continue reading Chinese lidar maker Hesai says looking to raise up to $171m in US IPOTo date, Hesai has raised over $500m from Xiaomi, Baidu and others.
Off Highway Vehicle Engine Global Market Report 2022: Sector to Reach $54.12 Billion by 2027 at a CAGR of 6.26%
DUBLIN, Feb. 2, 2023 /PRNewswire/ — The “Off Highway Vehicle Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global off highway vehicle engine market reached a value of US$ 37.59 Billion in 2021. Looking forward, the publisher expects the market to reach a… Continue reading Off Highway Vehicle Engine Global Market Report 2022: Sector to Reach $54.12 Billion by 2027 at a CAGR of 6.26%
China’s Zhejiang looks to produce over 1.2m new energy vehicles in 2025
Employees work on the production line of Geely Auto’s engine manufacturing unit in Yiwu, Zhejiang province. [Photo by Lyu Bin/For China Daily] HANGZHOU – China’s major economic powerhouse Zhejiang province recently released an action plan aimed at accelerating the development of its new-energy automobile industry. According to the plan, Zhejiang’s annual output of new energy… Continue reading China’s Zhejiang looks to produce over 1.2m new energy vehicles in 2025
Carmakers aiming to leap forward
Customers examine a Hongqi SUV at a shopping mall in Tianjin on Jan 26. [Photo by Li Fusheng/China Daily] Editor’s Note: China is the world’s largest and most dynamic vehicle market, where established marques and startups vie to roll out new models. Chinese car consumers probably have the greatest know-how of cutting-edge vehicle-related smart technology,… Continue reading Carmakers aiming to leap forward
Outlook on the SUV Global Market to 2027 – Need for Premium Vehicles and Rising Acceptance for SUVs Driving Growth
DUBLIN, Feb. 2, 2023 /PRNewswire/ — The “SUV Market Size, Trends and Growth opportunity, By Type, By Propulsion, By EV Type, By Size, By Seating Capacity, By Price Range, By Class By Application, Regional Outlook, Competitive Market Share & Forecast, Global Forecast till 2027.” report has been added to ResearchAndMarkets.com’s offering. The Global SUV Market was… Continue reading Outlook on the SUV Global Market to 2027 – Need for Premium Vehicles and Rising Acceptance for SUVs Driving Growth