Tag: Geely

Lear Corp (LEA) Q4 2024 Earnings Call Highlights: Navigating Challenges and Seizing Opportunities

Revenue: $23.3 billion for 2024. Core Operating Earnings: $1.1 billion, or 4.7% of net sales for 2024. Adjusted Earnings Per Share: $12.62, a 5% increase from last year. Operating Cash Flow: $1.1 billion for 2024. Free Cash Flow: $561 million for 2024. Share Repurchase: $400 million worth of shares repurchased in 2024. Global Headcount Reduction:… Continue reading Lear Corp (LEA) Q4 2024 Earnings Call Highlights: Navigating Challenges and Seizing Opportunities

Q4 2024 Lear Corp Earnings Call

Ray Scott; President, Chief Executive Officer, Director; Lear Corporation Mexico S de RL de CV Jason Cardew; Chief Financial Officer, Senior Vice President; Lear Corporation Mexico S de RL de CV Good morning, everyone, and welcome to the Lear Corporation’s fourth quarter and full-Year 2024 earnings conference call. (Operator Instructions) After today’s presentation, there will… Continue reading Q4 2024 Lear Corp Earnings Call

This Week In Electric Vehicles – EV Battery Reuse: Powering A Sustainable Future

The global market for electric vehicle (EV) battery reuse is anticipated to grow significantly, with projections estimating an increase from USD 625.1 million in 2024 to USD 5.6 billion by 2030. This expansion is attributed to the rising number of electric vehicles and the demand for more sustainable solutions, such as repurposing used EV batteries… Continue reading This Week In Electric Vehicles – EV Battery Reuse: Powering A Sustainable Future

BYD Shares Soar 21% This Week as Traders Await Autopilot Update

(Bloomberg) — BYD Co.’s shares recorded their best week since late 2020, as investor enthusiasm built ahead of the Chinese electric-vehicle maker’s keenly awaited update on its smart-driving technology. Most Read from Bloomberg The company’s Hong Kong-listed stock gained 21% over five sessions, boosted by expectations that it will showcase progress on its autopilot system… Continue reading BYD Shares Soar 21% This Week as Traders Await Autopilot Update

Hydraulic Hose and Fittings Market to Grow by USD 581.3 Million from 2025-2029, Driven by Agricultural Mechanization, Report on AI’s Impact on Market Landscape – Technavio

NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global hydraulic hose and fittings market  size is estimated to grow by USD 581.3 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 4.7%  during the forecast period. Mechanization of agriculture and growth… Continue reading Hydraulic Hose and Fittings Market to Grow by USD 581.3 Million from 2025-2029, Driven by Agricultural Mechanization, Report on AI’s Impact on Market Landscape – Technavio

Clean Technica: The Automakers Selling the Most EVs in the World Are …003845

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Following up on our stories about the best selling plugin vehicles in the world and the automotive brands that sell the most plugin electric vehicles in the world, we’re now closing out the 2024 World EV Sales Report series… Continue reading Clean Technica: The Automakers Selling the Most EVs in the World Are …003845

Farizon SV vstupuje na rakúsky trh: Silný štart do nového roka v Európe

VIEDEŇ, 7. februára 2025 /PRNewswire/ – Spoločnosť Farizon usporiadala 23. januára 2025 konferenciu o uvedení značky Farizon a podujatie k uvedeniu SV na trh v rakúskom hlavnom meste Viedeň. Vstup na trh zdôraznil zrýchľujúcu sa expanziu spoločnosti Farizon do Európy v roku 2025 a ďalšie otváranie západoeurópskeho trhu po uvedení značky v Srbsku v minulom… Continue reading Farizon SV vstupuje na rakúsky trh: Silný štart do nového roka v Európe

Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China

watch now Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024… Continue reading Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China

Crucial Volvo EX60 to start testing this year ahead of 2026 launch

The first prototype of the new Volvo EX60 – the firm’s first model to sit on an advanced new highly scalable platform – will begin on-road testing this year ahead of is production launch in 2026. The new model will be a key model for Volvo’s electric switch as the EV equivalent of the hugely popular XC60 family SUV,… Continue reading Crucial Volvo EX60 to start testing this year ahead of 2026 launch