November 20, 2020 – Daimler AG and Geely Holding, the respective parent companies of Mercedes-Benz AG and Volvo Cars, have launched plans to collaborate on developing highly efficient powertrain systems for next-generation hybrid vehicle applications. The cooperation is expected to see the companies work together on hybrid powertrain solutions to enhance their global competitiveness and… Continue reading @Daimler: 20. Nov 2020Daimler AG, Geely Holding Group and its subsidiary brands to join forces on a highly efficient powertrain system specified […]
Tag: Volvo
@Geely-Volvo: Volvo Cars “ultimate driving simulator” uses latest gaming technology to develop safer cars
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German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788
Engine production at Mercedes The DAX group Daimler and its Chinese shareholder Geely want to leverage synergies in production. (Photo: dpa) Munich, Frankfurt When Geely founder Li Shufu spectacularly secured almost ten percent of the shares in Daimler at the beginning of 2018, the reservations in Stuttgart were great. The new major shareholder from the… Continue reading German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788
Laser focus on costs has brightened the 2021 outlook for stocks
Businesses have slashed expenses materially this year to cope with the fallout of pandemic-induced shutdowns. By Sam Unsted Corporate profits around the globe comfortably topped expectations in the third quarter, helped in no small part by cost cuts, and optimism is growing that earnings momentum will carry on in 2021 even if the bar to… Continue reading Laser focus on costs has brightened the 2021 outlook for stocks
Daimler to revamp China plant to make Actros trucks as sales surge
By Yilei Sun, Brenda Goh 3 Min Read BEIJING (Reuters) – Germany’s Daimler AG DAIGn.DE and its China commercial vehicle partner Beiqi Foton Motor Co 600166.SS plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros heavy trucks for the first time in China, a document showed. FILE PHOTO: The Daimler logo is… Continue reading Daimler to revamp China plant to make Actros trucks as sales surge
Inside the industry: Self-driving tech is beset with difficulties
Perhaps the most complex challenge facing the car industry today is vehicle autonomy, the path to achieving it and the motivations for doing so. To most, the end goal isn’t in question; a utopia of zero accidents is too compelling for legislators to ignore and the rewards of success (this is an industry estimated to be… Continue reading Inside the industry: Self-driving tech is beset with difficulties
Electric Lotus SUV due in 2022 with 750bhp, 360-mile range
Lotus is already far into the development of one of the most important models in its history: an SUV tasked with generating sales volumes the British marque has never seen before. It’s the key component in Chinese parent company Geely’s commitment to “restoring Lotus into being a leading global luxury brand”. Autocar has learned that… Continue reading Electric Lotus SUV due in 2022 with 750bhp, 360-mile range
Volvo to sell first fully-electric heavy-duty truck
Swedish company aims to show battery power possible for biggest commercial vehicles Go to Source
The Volvo Group launches green finance framework
GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — Volvo Group launches a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark Green by the Center for International Climate and Environmental Research (CICERO Shades of Green). To learn more about how the Volvo Group… Continue reading The Volvo Group launches green finance framework
VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe
Volkswagen Group expects to be fined by the European Union this year for failing to achieve its CO2-reduction target for its new-car fleet — despite the automaker’s deal to pool emissions with Chinese-owned UK brand MG Motor. “We cannot provide a clear commitment at this point that we will achieve compliance. It will be a… Continue reading VW braces for EU fine for missing CO2 emissions reduction target – Automotive News Europe