Nissan lays out $17.6 billion plan to electrify its future

Nissan is the latest automaker to announce a plan to spend gobs of money on an ambitious electrification strategy. The company said it will spend 2 trillion yen (around $17.6 billion) over the next five years to accelerate the roll-out of electric vehicles. And to emphasize that point, Nissan unveiled a pack of delightful EV… Continue reading Nissan lays out $17.6 billion plan to electrify its future

Volvo XC90 to offer EV version, new look and tech-led cabin

Unlike the vast majority of mixed-powertrain platforms currently on the market, the SPA2 will be offered in two distinct forms. This will allow the electric XC90 successor to benefit from a completely flat floor, shortened overhangs and a more overtly cabforward stance, whereas the combustion-engined versions will have slightly more familiar interior proportions, given the… Continue reading Volvo XC90 to offer EV version, new look and tech-led cabin

Dealers see surge in interest in EVs

Dealers are now beginning to see an acceleration in interest in electric vehicles as carmakers gear up to meet the government’s net zero emissions by 2050. This month we saw The National Franchised Dealers Association (NFDA) reveal that it has now accredited over 200 dealers on its Electric Vehicle Approved (EVA) scheme, which has been… Continue reading Dealers see surge in interest in EVs

Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Robert Falck used to work at a Russian trucking factory by day, and by night, he built a nightclub guest list startup. He also collects old books, and once guessed that Chinese author Gao Xingjian would win the Nobel Prize in literature. He grew up on a farm, but has degrees in finance, economics and… Continue reading Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup developing technology that can be integrated into a car’s windshield or windows to deliver images to drivers and passengers. Volvo Cars Tech Fund invested $2 million into optics and imaging developer Spectralics, funds it will… Continue reading Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

Polestar is bringing its electric Precept sedan to market in 2024 with a new name

The Polestar Precept sedan — the concept vehicle turned production project — has a new name and an official launch date. The company, the electric performance brand that spun out from Volvo Car Group, has dubbed the shark-nosed sedan Polestar 5 and announced it will go into production in 2024. When Polestar first revealed the… Continue reading Polestar is bringing its electric Precept sedan to market in 2024 with a new name

China’s Lynk & Co makes inroads into Kuwait

The booth of Lynk & Co is seen at an expo in Shenyang, Liaoning province, on Oct 4, 2021. [Photo/IC] Lynk & Co, a joint venture between China’s Geely and Swedish carmaker Volvo, said Thursday it has started its Asia-Pacific campaign, with Kuwait as the first stop. It has partnered with local Kuwaiti company Al Zayani,… Continue reading China’s Lynk & Co makes inroads into Kuwait