Industry insiders will have been startled by the recent news that Volvo high-flyer Matt Galvin had suddenly departed the company. Commercial director Galvin, six years at Volvo UK and a key influence on the brand’s recent business renaissance as well as the likely successor to managing director Kristian Elvefors, was lured away by an even… Continue reading Subs exclusive: Chinese brands spark car industry recruitment crisis
Tag: Geely
Cleantechnica: Australian Electric Vehicle Market Set To Soar 002126
In 2020, electric vehicles made up 0.8% of new vehicle sales in Australia. In the first quarter of this year, they made up more than 2% of the market. After a poor showing in quarter 2 because of the Covid-19 lockdown in Shanghai, the second half of 2022 looks like it has a rocket under… Continue reading Cleantechnica: Australian Electric Vehicle Market Set To Soar 002126
Stora Enso and Northvolt partner to develop wood-based batteries
Stora Enso and Northvolt are joining forces to create sustainable batteries using lignin-based hard carbon produced with renewable wood from the Nordic forests. The aim is to develop the world’s first industrialised battery featuring anode sourced entirely from European raw materials, lowering both the carbon footprint and the cost. The companies have entered into a… Continue reading Stora Enso and Northvolt partner to develop wood-based batteries
Luminar to invest in Geely-affiliated Ecarx, eyes China market
Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an undisclosed amount in Ecarx, an auto tech startup co-founded by Eric Li, founder of China’s largest private automaker Geely, Ecarx said on Thursday. The funding… Continue reading Luminar to invest in Geely-affiliated Ecarx, eyes China market
Lightweight Compact Wheel Loader Market is to Reach US$ 1.64 Billion by 2022, Growing At A 2.7 % CAGR Between 2022 to 2030 | Future Market Insights, Inc.
The sales of lightweight compact wheel loaders are projected to rise by 1.26x between 2022 and 2030. Europe currently leads the global lightweight compact wheel loader market, holding more than 40.4% of the total market share. India is estimated to emerge as a highly remunerative market in South Asia and Pacific. NEWARK, Del., July 21,… Continue reading Lightweight Compact Wheel Loader Market is to Reach US$ 1.64 Billion by 2022, Growing At A 2.7 % CAGR Between 2022 to 2030 | Future Market Insights, Inc.
Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research
Consumer shift from public transport to personal vehicle amid pandemic with rising demand of used cars. Increasing awareness about buying and selling used cars through the strong advertisements and entry of new players will provide a major boost to market growth. Easy availability of credit for financing pre-owned cars along with attractive interest rates. Entry… Continue reading Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research
China fines ride-hailing giant Didi Global $1.2b for data security breach
China’s cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from New York within a year and cast a gloom over the Chinese tech sector. The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally… Continue reading China fines ride-hailing giant Didi Global $1.2b for data security breach
A top European carmaker suggests the global chip shortage is easing
Volvo Cars’ semiconductor inventory is now “back at fully supply,” CEO Jim Rowan told CNBC. Go to Source
The Worldwide Fuel Cell Vehicle Industry is Expected to Reach $36.8 Billion by 2030
DUBLIN, July 20, 2022 /PRNewswire/ — The “Global Fuel Cell Vehicle Market Size, Share & Trends Analysis Report by Vehicle type (Passenger Cars, LCV’s, HCV’s), by Component, by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The global fuel cell vehicle market size is expected to reach USD 36.89 billion by… Continue reading The Worldwide Fuel Cell Vehicle Industry is Expected to Reach $36.8 Billion by 2030
Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022
Attendees will experience approximately 1 million square feet of exhibits and test rides, as well as learn about EV technology and charging. Brands like BMW, Chrysler, Kia, Lexus, Polestar, Volvo, Volkswagen, and Harley-Davidson’s Livewire will be on-site, as well as iconic bike brands like Specialized, SUPER73, and others. Multiple demo courses offer attendees the opportunity… Continue reading Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022