Tag: Geely

No more radar for Tesla EVs headed for Europe, Middle East

Tesla will start delivering Model Y and Model 3 vehicles without radar to customers in Europe and the Middle East, a continuation of the company’s plans and CEO Elon Musk’s desire to only use cameras combined with machine learning to support its advanced driver assistance system and other active safety features. Tesla first started to… Continue reading No more radar for Tesla EVs headed for Europe, Middle East

Bcomp Raises CHF 32M in Series B Funding

Bcomp, a Fribourg, Switzerland-based provider of natural fibre-based sustainable lightweighting solutions, raised CHF 32M in Series B funding. Backers included automotive OEM venture funds BMW i Ventures, Porsche Ventures and Volvo Cars Technology Fund AB, alongside Airbus Ventures, Generali, and existing shareholders.  The company intends to use the funds to scale its workforce, increase its… Continue reading Bcomp Raises CHF 32M in Series B Funding

Russian auto boomtown grinds to halt over Ukraine sanctions

A third, the PSMA Rus plant that is a joint venture between Stellantis and Mitsubishi and employs 2,000, may halt production soon due to a lack of parts, Stellantis’ chief executive said last Thursday. Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of… Continue reading Russian auto boomtown grinds to halt over Ukraine sanctions

Geely-Proton: READ MORE000034

4 Apr 2022 PROTON SALES RECOVERY CONTINUES IN MARCH 2022 PROTON SALES RECOVERY CONTINUES IN MARCH 2022- 13,028 units sold as sales grow by 41.2% over February- Proton Saga and export sales hit best numbers in nearly nine years Subang Jaya, 4 April 2022 – National car maker PROTON ended a challenging first quarter of… Continue reading Geely-Proton: READ MORE000034

Hertz says it will purchase 65,000 electric vehicles from Polestar

Rental car company Hertz announced plans to purchase up to 65,000 electric vehicles from Polestar, a sub-brand of Volvo and its Chinese parent company Geely. The announcement follows a similar move by Hertz to purchase 100,000 Tesla vehicles in a bid to electrify its global fleet. The new vehicles will be acquired over a period… Continue reading Hertz says it will purchase 65,000 electric vehicles from Polestar

Hertz and Polestar Announce Global Strategic Partnership to Accelerate Electric Vehicle Adoption

For Hertz, the partnership is part of the company’s ongoing commitment to lead in electrification, shared mobility and a digital-first customer experience. The partnership with Polestar builds on Hertz’s announcement last October to offer its customers the largest EV rental fleet in North America and one of the largest in the world. In addition to… Continue reading Hertz and Polestar Announce Global Strategic Partnership to Accelerate Electric Vehicle Adoption