Tag: Geely

Volocopter Raises €200M in Series D Funding

Volocopter, a Bruchsal, Germany-based urban air mobility (UAM) company, raised a €200m Series D funding round. Backers included new investors funds managed by BlackRock, Atlantia S.p.A., Avala Capital, Continental AG, Jericho Capital, NTT via its venture capital arm, Tokyo Century, a Japanese leasing company, family offices, and existing investors Geely, Daimler, DB Schenker, Intel Capital, btov Partners,… Continue reading Volocopter Raises €200M in Series D Funding

Stellantis sees rebound in 2021, but chip shortage a worry

MILAN (Reuters) – Low global car inventories and cost cuts should boost Stellantis’s profit margins this year, though a shortage of semiconductors and investments in electric vehicles could weigh on results, the newly-formed automaker said on Wednesday. FILE PHOTO: The logo of Stellantis is seen at the main entrance of the FCA Mirafiori plant in… Continue reading Stellantis sees rebound in 2021, but chip shortage a worry

Volocopter Raises €200 Million in Series D Funding Round

Volocopter is in the final stages of providing new, sustainable mobility options for cities around the world. Their future services range from electric autonomous air taxis flying passengers directly and safely to their destinations to transporting goods with the company’s VoloDrone. Having ten years of development experience, Volocopter is a leader in the urban air… Continue reading Volocopter Raises €200 Million in Series D Funding Round

Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year

India’s and Tata Motors’ Pratap Bose is among the top five finalists for the 2021 World Car Person of the Year award. The five names were announced today when 93 World Car Awards (WCA) jurors from 28 countries collectively voted for the finalists by secret ballot. KMPG tabulated the vote results. To be eligible, award… Continue reading Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year

Electric vehicle spotlight (EVS): Faraday Future

We continue to spotlight up-and-coming or lesser-known electric vehicle companies, with Faraday Future. The Los Angeles based-automaker has had its fair share of ups and downs and controversies around electric vehicle technologies. With its first production EV in road testing, Faraday Future remains an automaker to watch. Faraday Future has come a long way in… Continue reading Electric vehicle spotlight (EVS): Faraday Future

Volvo to go all electric by 2030 as it unveils second such model

LONDON (Reuters) — Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. “I am totally convinced there will be no customers who really want to stay with a petrol engine,”… Continue reading Volvo to go all electric by 2030 as it unveils second such model

Tuesday Morning Auto News, Mar 02, 2021

Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021

Volvo to sell only all-electric vehicles by 2030

Volvo Cars said it will only make and sell all-electric vehicles by 2030, as part of a broader transformation of the automaker that will include shifting sales online. “The key to sustainability is electrification, said Volvo Cars CEO Håkan Samuelsson during a presentation Tuesday. “Together with investments in charging infrastructure that is the right way… Continue reading Volvo to sell only all-electric vehicles by 2030