Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by seeking additional capital, TechCrunch has learned. Einride is seeking $75 million in new financing, while at the same time exploring the potential for a public listing through a special purpose acquisition company, according to people… Continue reading While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Tag: Geely
@Geely: Geely Automobile Holding Sales Volume For February 2021 Was 77,221 Units
2021 March 08, Hong Kong. Geely Automobile Holding Limited (Group) announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of February 2021 was 77,221 units, an increase of approximately 265% from the same period last year… Continue reading @Geely: Geely Automobile Holding Sales Volume For February 2021 Was 77,221 Units
January 25, 2021 Ruhrbahn and Via launch Bussi, and on-demand transit service in Essen
January 25, 2021 Ruhrbahn and Via launch Bussi, and on-demand transit service in Essen January 25, 2021 (Essen, Germany) — Open a mobile app, book a car, and pick up other passengers in a flexible and environmentally-friendly way. Today, Ruhrbahn, the largest transport provider in the Ruhr region, will launch the pilot project Bussi, an… Continue reading January 25, 2021 Ruhrbahn and Via launch Bussi, and on-demand transit service in Essen
Scrappy electric carmakers upend pecking order in auto industry
TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry
Chat show legend and petrolhead Jay Leno stars in this week’s Auto Express podcast
This week American chat show legend Jay Leno stars in the Auto Express podcast. He reveals where his love of cars comes from, the scariest car he’s ever driven, and how he ended up specifying a 7.0-litre engine in his dad’s car. Elsewhere, Vicki Butler-Henderson, Steve Fowler and Andy Pringle round up the latest on… Continue reading Chat show legend and petrolhead Jay Leno stars in this week’s Auto Express podcast
New 2021 Volvo C40 joins brand’s electric car line-up
Volvo has scored a smash hit with its XC40 small SUV – and now the firm is hoping to score additional sales with the second of its new generation of 40-series models, the C40 Recharge. The new Volvo C40 Recharge is the first purely electric model from the Swedish manufacturer, a potential rival for everything… Continue reading New 2021 Volvo C40 joins brand’s electric car line-up
Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648
Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3× from 5.7% a year ago. The overall auto market was down 35.5% year-on-year due to continuing lockdowns, which are currently planned to lift in mid April. Diesel powertrain sales volume fell by over 61% year-on-year and are… Continue reading Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648
VW expects half of U.S. sales to be electric vehicles by 2030
Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from… Continue reading VW expects half of U.S. sales to be electric vehicles by 2030
Volkswagen doubles its electric sales target: 70% by 2030
Fierce competition Volkswagen, now the second largest producer in the world after Toyota, is facing a constantly evolving market and increasingly fierce competition. Carmakers are competing to develop electric vehicles and meet Europe’s increasingly stringent CO2 emissions targets, under penalty of heavy penalties. Ford has announced that it will only produce electric cars by 2030… Continue reading Volkswagen doubles its electric sales target: 70% by 2030
Tencent-backed Aiways breaks into Europe and China EV market
SHANGHAI — Chinese electric vehicle startup Aiways is expanding its sales footprint in Europe, where more electric cars were sold last year than in China. Aiways has pursued this strategy since it was founded in 2017, as it looks to grow outside China’s fiercely competitive domestic market. The Shanghai-based pure-play EV manufacturer sealed deals with… Continue reading Tencent-backed Aiways breaks into Europe and China EV market