Volvo XC40 Recharge electric SUVs are currently being held at US ports because the company is waiting to ship a crucial software update before releasing them to customers and dealers, The Verge has learned. The problem appears to be that these XC40 Recharge SUVs — which is Volvo’s first all-electric vehicle — left the company’s… Continue reading Volvo’s first EV is stuck on cargo ships waiting for a software update
Tag: Geely
Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
Gothenburg, SWEDEN and Stuttgart, GERMANY, March 1, 2021 /PRNewswire/ — Daimler Truck AG and the Volvo Group today completed the transaction to form the previously announced fuel-cell joint venture. The Volvo Group has acquired 50 percent of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately SEK 6.3 billion (approximately… Continue reading Daimler Truck AG and the Volvo Group complete creation of fuel-cell joint venture: cellcentric
VE Commercial Vehicles’ February sales up 19 percent
VE Commercial Vehicles, the Volvo Group and Eicher Motors joint venture, recorded 19 percent growth in year-on-year sales at 5457 units in February (February 2020 sales at 4586 units). This includes 5335 units of Eicher brand and 122 units of Volvo brand. The Eicher trucks and buses have recorded sales of 5335 units in February representing a… Continue reading VE Commercial Vehicles’ February sales up 19 percent
Pent-up demand, infra push drives M&HCV sales in February
The shortest month of the year February has turned out to be a positive month for commercial vehicle manufacturers in India with everyone except for Mahindra reporting sales in positive territory, albeit on a lower year-ago base. The global automotive industry has been witnessing a major supply chain challenge as the shortage of semiconductors has… Continue reading Pent-up demand, infra push drives M&HCV sales in February
Polestar Cars to Open 15 New U.S. Showrooms in 2021
With at-home test drives already available, the first of the new retail Spaces will open by early spring in Austin, Texas, Boston and Denver. Specific showroom details are available at Polestar.com/Spaces. Additional information pertaining to the locations in Washington D.C., Seattle and Florida will be announced soon. In the latter half of 2021, Polestar anticipates opening… Continue reading Polestar Cars to Open 15 New U.S. Showrooms in 2021
Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Brussels, 1 March 2021 – A brand new harmonised set of labels for electric vehicles and charging stations will start to be used throughout Europe as of 20 March this year, in line with the requirements of the EU Directive on the deployment of alternative fuels infrastructure (2014/94/EU). As well as appearing on charging stations,… Continue reading Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Clean Technica: Volvo Does Its 1st OTA Update. Why So Late?000631
In today’s example of “better late than never,” Volvo is doing its first over-the-air (OTA) update. Tesla has been doing these for almost a decade, and other manufacturers have slowly been getting in on this in recent years. “The benefits of over-the-air updates are obvious,” said Henrik Green, Chief Technology Officer at Volvo Cars. “Yesterday,… Continue reading Clean Technica: Volvo Does Its 1st OTA Update. Why So Late?000631
Huawei Plans to Make EVs After U.S. Sanctions, Reuters Says
(Bloomberg) — Huawei Technologies Co. is planning to manufacture electric cars under its own brand, Reuters reported, as it shifts away from a consumer electronics business battered by U.S. sanctions. The Chinese tech giant could roll out some models this year, Reuters said, citing people with knowledge of the matter. Huawei is in talks with… Continue reading Huawei Plans to Make EVs After U.S. Sanctions, Reuters Says
European steel users call on Commission to terminate safeguard measures on 30 June 2021
Brussels, 26 February 2021 – In response to today’s announcement by the European Commission that it will review the safeguard measures on steel, in place since 2018, a coalition of downstream users of steel is urging the Commission not to extend the measures beyond their expiry date this June. While the COVID-19 pandemic has severely… Continue reading European steel users call on Commission to terminate safeguard measures on 30 June 2021
Chinese intelligent auto maker ECARX raises $200m at over $2b valuation
ECARX, an intelligent auto solutions provider backed by Chinese automaker Geely, has raked in over $200 million in a Series A+ round of financing led by state-owned China Venture Capital Fund, the startup announced on Thursday. In a statement, the startup said that it is gearing up for an all-around business expansion into the international… Continue reading Chinese intelligent auto maker ECARX raises $200m at over $2b valuation