Geely Auto 2022 H1 revenues increase 29% YoY to 58.12 billion RMB Electrified and new energy vehicle sales increased 398% YoY to 109,000 units R&D investment in intelligent and NEV technologies increased 71.7% to 3.63 billion RMB Overseas expansion accelerating with exports growing 64% YoY and accounting for 14.3% of overall sales New target for… Continue reading @Geely: Geely Auto 2022 Half Year Financial Report Highlights Intelligent and Electric Transformation
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@Geely: Thu 18 Aug 2022Lotus Engineering: The Innovators #1 1 | 5 | 0 Welcome to a new series of content from Lotus Engineering, the consult…
Hethel, UK – 18 August 2022 Welcome to a new series of content from Lotus Engineering, the consultancy division of performance car manufacturer Lotus. With regular updates over the coming months, the team will explain its portfolio of capabilities and its key priorities as the automotive world moves to an all-electric future. It will also share… Continue reading @Geely: Thu 18 Aug 2022Lotus Engineering: The Innovators #1 1 | 5 | 0 Welcome to a new series of content from Lotus Engineering, the consult…
Geely Auto earnings squeezed by Covid lockdowns and chip shortage
Pre-tax profit drops 55% in first half of year but Chinese carmaker expects demand to recover Go to Source
Study Finds That Buttons in Cars Are Safer and Quicker to Use Than Touchscreens
Turns out slapping a giant iPad on the dash isn’t ideal to control your car. Button Pusher Many automakers are getting rid of good ol’ fashioned buttons and switches these days, in favor of touchscreen infotainment systems. Now, new evidence shows those touchscreens are far less safe and efficient than the old school alternative, according… Continue reading Study Finds That Buttons in Cars Are Safer and Quicker to Use Than Touchscreens
These electric vehicles qualify for $7,500 tax credit under Inflation Reduction Act
On Tuesday, President Joe Biden signed the Inflation Reduction Act, a major climate bill that aims to curb inflation while advancing clean energy solutions. The new law changes which electric vehicles will qualify for the Clean Vehicle Credit; now, only electric vehicles with final assembly in North America will qualify for the $7,500 tax credit. Manufacturers that have reached… Continue reading These electric vehicles qualify for $7,500 tax credit under Inflation Reduction Act
Bus operators seek easy financing as demand rebounds
Private bus operators are beginning to feel relieved as business is picking up as the Covid situation has improved considerably. However, all hasn’t been smooth sailing especially for most of the operators who took loans from banks and financial institutions. Many operators experienced financial crisis due to business coming to a grinding halt during the government… Continue reading Bus operators seek easy financing as demand rebounds
@Geely: Wed 17 Aug 2022John Paul Gregory appointed Head of Exterior Design at Lotus Tech Creative Centre, Coventry 1 | 3 | 0 Lotus announces …
Appointed Head of Exterior Design at the Lotus Tech Creative Centre Joins from previous leadership roles at Aston Martin and Bentley LTCC team, headed up by Ben Payne, takes the lead on creating the range of all-new, all-electric lifestyle cars Coventry, UK – 17 August 2022 Lotus announces the appointment of John Paul Gregory as… Continue reading @Geely: Wed 17 Aug 2022John Paul Gregory appointed Head of Exterior Design at Lotus Tech Creative Centre, Coventry 1 | 3 | 0 Lotus announces …
Sona Comstar partners Israel’s Drive to accelerate high-tech innovation
India’s Sona Comstar has partnered with Drive TLV, an Israel-based innovation hub focused on smart mobility solutions. The partnership with DRIVE will give Sona Comstar access to Israel’s hi-tech mobility start-up ecosystem. With this move, Sona Comstar joins a select group of Drive TLV’s automotive partners, which includes Volvo Cars, Volvo Group, Honda Xcelerator and… Continue reading Sona Comstar partners Israel’s Drive to accelerate high-tech innovation
Autocar magazine 17 August 2022: on sale now
Leading this week’s drives is the Ruf 3.4 RSR, an homage to the most desirable classic Porsche 911 of them all. More than a decade in the making, does it live up to the original, and does it justify its £500k price tag? Elsewhere, the Bentley Flying Spur Hybrid undertakes our road test to see… Continue reading Autocar magazine 17 August 2022: on sale now
Biden admin says about 20 models will still qualify for EV tax credits
The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have final assembly in North America. The law, which takes effect immediately, ends credits for about 70% of the 72 models that were previously eligible, according… Continue reading Biden admin says about 20 models will still qualify for EV tax credits