Tag: Geely

Zero emissions and automated driving: manufacturers are designing the car of the future

3 ‘of reading The car is preparing for the most important post-war change to today, with the slow but planned abandonment of heat engines to make room for electric propulsion. It will not happen “tomorrow” but within a decade the fleet in circulation will change radically, as confirmed by the many announcements of car manufacturers… Continue reading Zero emissions and automated driving: manufacturers are designing the car of the future

Baby electric Volvo SUV likely to be built in China

Volvo’s forthcoming baby electric SUV is likely to be built in China, the company’s boss has revealed – but it now seems unlikely to be called XC20. The Swedish brand’s CEO Hakan Samuelsson has already confirmed that the new model will feature an SUV body style and be based on a pure-electric platform developed by Volvo’s… Continue reading Baby electric Volvo SUV likely to be built in China

Audi to discontinue A1 as tougher tailpipe rules hit small-car profitability – Automotive News Europe

July 25, 2021 01:00 AM The acknowledgement comes as automakers start to question their small-car strategies in response to more stringent European Union regulations on tailpipe emissions The Audi A1 was the No. 2 selling entry-premium model in Europe last year with a volume of 57,850. That, however, left it about 52,500 sales behind the… Continue reading Audi to discontinue A1 as tougher tailpipe rules hit small-car profitability – Automotive News Europe

Priority is creating world-class facilities in B’luru: Yediyurappa

New Delhi: Amid rising speculations about imminent change of leadership after July 26, Karnataka Chief Minister B.S. Yediyurappa on Friday said that his priority is to create world-class facilities in Bengaluru. Yediyurappa, who went on a city round along with senior bureaucrats in a Volvo air-conditioned bus of the Bengaluru Metropolitan Transport Corporation (BMTC), said… Continue reading Priority is creating world-class facilities in B’luru: Yediyurappa

Mercedes-Benz reveals its plans to be ‘ready’ to go all-electric by 2030 – This is Money

Mercedes-Benz outlined its plans today to invest more than €40 billion (£34.2billion) between 2022 and 2030 to develop battery electric vehicles and be ready to become an all-electric car maker by the end of the decade. Bosses at the German luxury carmaker’s parent group Daimler said it would – with its partners – build eight… Continue reading Mercedes-Benz reveals its plans to be ‘ready’ to go all-electric by 2030 – This is Money

Financial Report April – June 2021: Veoneer

STOCKHOLM, July 23, 2021 /PRNewswire/ — Financial Summary – Q2’21 Sequential improvement in operating loss and cash flow despite lower than expected LVP and continued supply chain challenges Net Sales $398 million, Net sales increase 116%, Organic Sales1 108% Active Safety Net Sales increase 149%, Organic Sales increase 140% Operating cash flow $(69) million. Cash… Continue reading Financial Report April – June 2021: Veoneer

Daimler aims to be ready for all-electric car market by 2030

LONDON (Reuters) — Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and be ready for an all-electric car market by the end of that period. Outlining its strategy for an electric future, the German luxury carmaker said on Thursday it… Continue reading Daimler aims to be ready for all-electric car market by 2030