Prologue, Honda’s first electric SUV, is coming to market in 2024

Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker’s push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.” Prologue is… Continue reading Prologue, Honda’s first electric SUV, is coming to market in 2024

@Geely: LEVC unveils world’s first electric campervan

LEVC reveals first impressions of its new leisure vehicle, the new e-Camper.  The world’s first electric campervan, e-Camper is optimised to offer both zero-emission capability with zero range anxiety – making it the perfect way to explore the great outdoors with the benefit of low environmental impact. ​ ​ Joerg Hofmann, LEVC CEO, commented: “The campervan… Continue reading @Geely: LEVC unveils world’s first electric campervan

China’s automaker Great Wall aims to sell 4 million cars in 2025

By Reuters Staff 2 Min Read FILE PHOTO: Models pose next to Great Wall Motors (GWM) GWM R1 electric car at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo BEIJING (Reuters) -Great Wall Motor Co Ltd is targeting an annual sales of 4 million vehicles… Continue reading China’s automaker Great Wall aims to sell 4 million cars in 2025

German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

The automaker Volkswagen wants to gradually get out of the business with combustion cars. “In Europe, we will exit the combustion vehicle business between 2033 and 2035, into the United States and China a little later, “said VW sales director Klaus Zellmer the” Münchner Merkur “(Saturday edition).” In South America and Africa, due to the… Continue reading German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

Chinese automaker Geely Auto scraps plans to list on STAR Market …

China’s Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland’s Nasdaq-like STAR Market. Zhejiang-based Geely Auto, China’s highest-profile automaker thanks to parent Zhejiang Geely Holding Group’s investments in Daimler AG and Volvo Cars, is listed in Hong Kong with a market capitalisation of HK$255 billion ($32.85 billion). In September, Geely Auto said in a… Continue reading Chinese automaker Geely Auto scraps plans to list on STAR Market …

@Geely: Fri 25 Jun 2021Norwich City Football Club Announces Lotus Cars as new front-of-shirt sponsor for 2021/22Norwich City is delighted to announce Lotus Ca…

Norwich City Football Club Lotus partner press release [embedded content] NorwichCity_Lotus_WhatsappAnnouncment_V8.mp4 Norwich City is delighted to announce Lotus Cars as the club’s new front of shirt sponsor for the 2021/22 season. As part of the agreement, the iconic Lotus logo will feature across City’s first team, academy and women’s kit and training wear. The partnership… Continue reading @Geely: Fri 25 Jun 2021Norwich City Football Club Announces Lotus Cars as new front-of-shirt sponsor for 2021/22Norwich City is delighted to announce Lotus Ca…

Northvolt, founded by a former Tesla exec, is Europe’s $11.75 billion battery hope. It has a public listing in its sights.

The Swedish startup Northvolt announced Monday it had raised an additional $2.75 billion. The electric-vehicle-battery maker counts Volkswagen, Goldman, and Spotify’s CEO among its backers. CEO Peter Carlsson said the company will eventually need to draw on funds from public markets. See more stories on Insider’s business page. A Swedish startup that is building one… Continue reading Northvolt, founded by a former Tesla exec, is Europe’s $11.75 billion battery hope. It has a public listing in its sights.

Lidar company Quanergy to go public via $1.4B SPAC deal

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country’s largest state-owned investment conglomerate. The deal, which puts an implied valuation on Quanergy at $1.4 billion, is expected to close in the second half… Continue reading Lidar company Quanergy to go public via $1.4B SPAC deal