Volvo, Starbucks Ready to Install Electric Vehicle Chargers

The Volvo-Starbucks-Chargepoint EV charging network gives travelers the freedom to move safely and sustainably along a previously under-resourced route for charging access across the West and Pacific Northwest. Photo: Volvo Volvo Cars, working with Starbucks Corporation, has installed the first electric vehicles chargers at a Starbucks store as part of a plan to create a… Continue reading Volvo, Starbucks Ready to Install Electric Vehicle Chargers

Geely-Proton: READ MORE000048

11 Aug 2022 PROTON SPONSORS VEHICLES FOR HIGHER EDUCATION GAMES – Ten units of Proton cars presented to MOHE for SUKIPT 2022 Putrajaya, 11 August 2022 – National car maker PROTON has presented ten units of various models to the Ministry of Higher Education (MOHE) to support the 2022 edition of the Sukan Institusi Pendidikan… Continue reading Geely-Proton: READ MORE000048

Eicher Motors records strong revenues and profit in Q1 FY2023

Eicher Motors Ltd (EML) has reported total revenue from operations for the first quarter of FY2023 (April-June 2022) at Rs 3,397 crore, up 72% (Q1 FY2022: Rs 1,974 crore). EBITDA was Rs 831 crore as compared to Rs 363 crore a year ago and Profit After Tax was Rs 611 crore versus Rs 237 crore during the same… Continue reading Eicher Motors records strong revenues and profit in Q1 FY2023

New Vehicle Prices Break Record as Supply Rises

The Kelley Blue Book new-vehicle ATP increased to $48,182 in July 2022, beating the previous high of $48,043 set last month. July prices rose 0.3% ($139) from June and 11.9% ($5,126) from July 2021. Source: KBB / Cox Automotive The average price paid for a new vehicle in the U.S. in July topped June’s record… Continue reading New Vehicle Prices Break Record as Supply Rises

Sport Utility Vehicle (SUV) Market to Perceive Huge Growth of USD 105.25 Billion and is Likely to Touch CAGR of 14.88% by 2029 | Industry Analysed by Size, Share, Growth, Trends & Competitive Analysis

NEW YORK, Aug. 10, 2022 /PRNewswire/ — A Qualitative Research Study accomplished by Data Bridge Market research’s database of 350 pages, titled as “Global Sport Utility Vehicle (SUV) Market ” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. The rapidly revolutionizing market place demands… Continue reading Sport Utility Vehicle (SUV) Market to Perceive Huge Growth of USD 105.25 Billion and is Likely to Touch CAGR of 14.88% by 2029 | Industry Analysed by Size, Share, Growth, Trends & Competitive Analysis

Eicher Motors Q1 FY23 consolidated net profit jumps 158% to INR 611 crore

New Delhi: Indian multinational automotive company Eicher Motors on Wednesday reported 157.52% year-on-year (YoY) growth in consolidated net profit to INR 610.66 crore in Q1 FY23 as against INR 237.13 crore in the same quarter last year. Meanwhile, the profit before tax stood at INR 792,09 crore in the first quarter. For the quarter, the… Continue reading Eicher Motors Q1 FY23 consolidated net profit jumps 158% to INR 611 crore

Volvo and partners plan California Electrified Charging Corridor for medium- and heavy-duty EVs

Volvo Trucks is joining up with Shell and three truck dealerships to develop a public medium- and heavy-duty EV charging network that connects several of California’s largest metropolitan areas. The Electrified Charging Corridor Project has scored $2 million in funding from the California Energy Commission, and is expected to get underway in 2022. All five… Continue reading Volvo and partners plan California Electrified Charging Corridor for medium- and heavy-duty EVs

Geely-backed investment firm GLy secures $163m final close of debut PE fund

GLy Capital Management, a Hong Kong-based investment manager in the mobility sector, announced on Wednesday the final closing of its maiden private equity (PE) fund — the New Mobility Fund, which raised $163 million in capital commitments. The New Mobility Fund, which counts Chinese automaker Zhejiang Geely Holding Group and South Korea’s SK Inc as… Continue reading Geely-backed investment firm GLy secures $163m final close of debut PE fund

@Geely: Geely Automobile Holdings Limited Total Sales Volume For July 2022 Was 122,633 Units Total Sales Volume Up 24% YOY

(HONG KONG, 8 August 2022) — Geely Automobile Holdings Limited (‘Geely Automobile’/the ‘Group’)(Stock code: 175) announce that the total sales volume of the Group during the month of July 2022 was 122,633 units, an increase of approximately 24% from the same period last year. Details are as follows: Save as the sales volume disclosed above,… Continue reading @Geely: Geely Automobile Holdings Limited Total Sales Volume For July 2022 Was 122,633 Units Total Sales Volume Up 24% YOY

Marine Outboard Engines Market — North America to occupy 33% share

NEW YORK, Aug. 9, 2022 /PRNewswire/ — The global marine engine market size is expected to grow by 495.67 thousand units between 2020 and 2025, according to the latest market research report by Technavio. The market witnessed a YOY growth of 7.61% in 2021. However, the growth momentum is expected to decelerate at a CAGR… Continue reading Marine Outboard Engines Market — North America to occupy 33% share