Volvo design chief Jeremy Offer has resigned after two years. His resignation comes just months after the departure of former Volvo CEO Jim Rowan, who was instrumental in his appointment. Both executives had come into the car industry as outsiders: Rowan was previously the chief of Dyson and Offer had spent six years as the lead designer… Continue reading Volvo design chief steps down after two years
Tag: Geely
EV Connector Market worth $8.80 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., July 22, 2025 /PRNewswire/ — The EV connector market is projected to reach USD 8.80 billion by 2032, from USD 2.73 billion in 2025, with a CAGR of 18.2%, according to a new report by MarketsandMarkets. EV connectors for high-voltage systems are increasingly required to support miniaturization, weight reduction, and high-performance materials, alongside… Continue reading EV Connector Market worth $8.80 billion by 2032 | MarketsandMarkets
Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Fierce price wars in China are hitting industries from cars to food deliveries to solar panels, squeezing profits and worsening the country’s deflationary slide. Though consumers may be lured by ultra-cheap deals, the trade-offs for them… Continue reading Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
TechCrunch Mobility: Uber makes a bet on premium robotaxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! A little bird Image Credits:Bryce Durbin If it wasn’t obvious before, it is now. Uber wants a big piece of the autonomous vehicle technology pie. The ride-hailing company… Continue reading TechCrunch Mobility: Uber makes a bet on premium robotaxis
Life Atop China’s Car Market Starting to Look Shaky for BYD
(Bloomberg) — Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. Most Read from Bloomberg BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon.… Continue reading Life Atop China’s Car Market Starting to Look Shaky for BYD
State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
BEIJING (Reuters) -Guangzhou Automobile Group (GAC) and JAC Group expect to post their biggest ever second-quarter losses next month, as the state-owned Chinese automakers struggle with competition at home and abroad. China’s auto sector is reeling from overcapacity and an extended price war, prompting regulators and industry executives to warn about risks to the sector’s… Continue reading State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
China automakers’ price war, overcapacity hurt finances
(Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported… Continue reading China automakers’ price war, overcapacity hurt finances
Carmakers Face Uncertainty as Tariffs and Earnings Collide
(Bloomberg) — Investors in auto firms, which sit squarely in the bullseye of US President Donald Trump’s trade war, are about to find out if earnings back up the sector’s scorching rebound from this year’s lows. Most Read from Bloomberg A gauge of stocks of US carmakers and suppliers has soared more than 40% from… Continue reading Carmakers Face Uncertainty as Tariffs and Earnings Collide
Clean Technica: Finland & Sweden — A View from Inside of the EV Revolution004113
Tom Sjolund has just returned from a trip to visit his family in Finland and Sweden, and he agreed to share his experience with CleanTechnica readers. You may remember Tom from this article. In Australia, he drives a Volvo EX30. Since we don’t hear much about Finland, and the main thing we hear about Sweden… Continue reading Clean Technica: Finland & Sweden — A View from Inside of the EV Revolution004113
Clean Technica: These 4 Chinese Automakers Have Higher Gross Profit Margin Than Tesla004112
Last Updated on: 19th July 2025, 03:43 am Yes, story after story is coming out about the progress, innovations, and milestones being set by Chinese electric vehicle producers. That’s what happens when a country the size of China has reached more than 50% plugin vehicle market share. Actually, that achievement could stand for two things.… Continue reading Clean Technica: These 4 Chinese Automakers Have Higher Gross Profit Margin Than Tesla004112