Tag: Geely

German Manager Magazin: Ford, Volvo & Co.: Automakers call for binding targets for charging infrastructure001789

Big automakers and companies in other industries have them EU asked in an open letter to set national targets for charging infrastructure electric cars to set. A proposal by the EU Commission envisages that from 2035, only zero-emission new vehicles may be registered across the EU. “EU policymakers must also set binding national targets for… Continue reading German Manager Magazin: Ford, Volvo & Co.: Automakers call for binding targets for charging infrastructure001789

German Handelsblatt: Truck manufacturer: Daimler Truck increases forecast – truck manufacturer benefits from rising prices004315

Daimler trucks The adjusted return on sales should therefore increase to seven to nine percent for the year as a whole. (Photo: dpa) Strict cost discipline and the largest price increase in history bring Daimler Truck good results. The world’s largest manufacturer of trucks and buses was able to increase its sales by more than… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck increases forecast – truck manufacturer benefits from rising prices004315

Volvo Trucks opens battery plant in Belgium

GÖTEBORG, Sweden, May 17, 2022 /PRNewswire/ — Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. “This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally… Continue reading Volvo Trucks opens battery plant in Belgium

Following Volvo and Ford, Renault aims to spin off its EV business into a separate company

Last week, French company Renault announced its plan to fully review spinning off its electric car business into a separate company in 2023, in hopes of catching up with rivals Tesla and Volkswagen. Renault said that the new EV spin-off could bring on board 10,000 new employees by 2023, and its business model would be… Continue reading Following Volvo and Ford, Renault aims to spin off its EV business into a separate company

Plastic Omnium wants to double in size by 2030

A billion in turnover in 2000, eight times more last year: Plastic Omnium (PO) has placed its recent history under the sign of growth, and the equipment supplier controlled by the Burelle family does not intend to change cap. The strategic plan presented to investors on Thursday plans to reach 15 billion euros in turnover… Continue reading Plastic Omnium wants to double in size by 2030

@Geely: Geely Automobile Holdings Limited Receives Second Party Opinion for its Sustainable Finance Framework from International Authoritative Capital Market…

11th May 2022 ,Hong Kong,Geely Automobile Holdings Limited (“Geely Auto”) (Stock code: 175) announced that it has published its Sustainable Finance Framework (the “Framework”) and has obtained a second party opinion from Sustainalytics, an international authoritative capital market firm on Environmental, Social and Governance (ESG) ratings and research. The Framework covers Geely Auto’s future issuance… Continue reading @Geely: Geely Automobile Holdings Limited Receives Second Party Opinion for its Sustainable Finance Framework from International Authoritative Capital Market…

Geely-Proton: READ MORE000039

12 May 2022 PROTON LAUNCHES THE NEW 2022 SAGA – Updated classic model drives PROTON on a new journey- Improved features, safety, and quality headline improvements- New Premium S variant added to the product line Subang Jaya, 12 May 2022 – National car maker PROTON launched the new 2022 Proton Saga today, the latest version… Continue reading Geely-Proton: READ MORE000039

EV company Lordstown completes $230 million sale of its Ohio factory to Foxconn

Struggling EV company Lordstown completed the sale of its Ohio factory to Foxconn, the Taiwanese company that assembles Apple’s iPhone. The factory, which sold for $230 million, will now become the site of a joint venture between the two companies. The deal was originally set to close last month, but Lordstown kept pushing back the… Continue reading EV company Lordstown completes $230 million sale of its Ohio factory to Foxconn

German Handelsblatt: General meeting: “Blackberry of the automotive industry”: BMW investors demand end date for combustion engines004293

Oliver Zipse at the BMW Annual General Meeting The CEO wants to stick to his strategy. (Photo: BMW) Less than a decade ago, BMW was still considered a great pioneer in terms of electromobility in this country. In fact, in 2013, with the i3, the Munich-based company was the first German vehicle manufacturer to put… Continue reading German Handelsblatt: General meeting: “Blackberry of the automotive industry”: BMW investors demand end date for combustion engines004293