Tag: Geely

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

Farizon SV запущен в Австрии – мощный старт нового года в Европе

ВЕНА, 6 февраля 2025 г. /PRNewswire/ — 23 января 2025 года Farizon успешно провела конференцию по запуску бренда Farizon и презентацию автомобиля SV в Вене, столице Австрии. Выход компании на рынок Австрии подчеркнул ускоренную экспансию Farizon в Европе в 2025 году и дальнейшее завоевание западноевропейского рынка после запуска бренда в Сербии в прошлом году. Continue… Continue reading Farizon SV запущен в Австрии – мощный старт нового года в Европе

Farizon SV llega a Austria: un comienzo de año sólido en Europa

VIENA, 6 de febrero de 2025 /PRNewswire/ — El 23 de enero de 2025, Farizon celebró muy satisfactoriamente la conferencia de presentación de la marca Farizon y el evento de lanzamiento del SV en Viena, la capital austríaca. El lanzamiento puso de relieve la aceleración de la expansión de Farizon en Europa en 2025 y la… Continue reading Farizon SV llega a Austria: un comienzo de año sólido en Europa

Volvo Cars reports second consecutive year of record sales, revenue and profits in 2024, anticipates challenging 2025

GOTHENBURG, Sweden, Feb. 6, 2025 /PRNewswire/ — Full Year 2024 2024 revenue was SEK 400.2 bn (SEK 399.3 bn in 2023) 2024 operating income (excl. JVs and associates) was SEK 27.0 bn (SEK 25.6 bn in 2023) 2024 operating income was SEK 22.3 bn (SEK 19.9 bn in 2023) 2024 EBIT margin (excl. JVs and… Continue reading Volvo Cars reports second consecutive year of record sales, revenue and profits in 2024, anticipates challenging 2025

Electric Vehicle (EV) Market to Grow by USD 446.4 Billion by 2029, Growing Demand for Low-Emission Vehicles Boosts Market, AI-Powered Market Evolution Report- Technavio

NEW YORK, Feb. 6, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global Electric vehicle (EV) market size is estimated to grow by USD 446.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  16.4%  during the forecast period. Growing demand for low-emission vehicles is… Continue reading Electric Vehicle (EV) Market to Grow by USD 446.4 Billion by 2029, Growing Demand for Low-Emission Vehicles Boosts Market, AI-Powered Market Evolution Report- Technavio

Clean Technica: BYD #1 In World In Plugin Vehicle Sales In 2023003844

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In the last stage of the 2024 race, BYD had another record month, this time with 483,000 registrations. That doubled Tesla’s result, which nevertheless wasn’t all that bad for the US brand — at 201,000 deliveries, it was its… Continue reading Clean Technica: BYD #1 In World In Plugin Vehicle Sales In 2023003844

Clean Technica: World EV Sales Report — 17.2 Million Plugins Were Sold in 2024!003843

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Tesla Model Y was #1 again, in a year that saw plugins reach 22% share of the global market. The last months of 2024 brought a record-fest for world plugin vehicle sales, and December was one of them,… Continue reading Clean Technica: World EV Sales Report — 17.2 Million Plugins Were Sold in 2024!003843