Volvo Cars urges world leaders for more clean energy investment to maximise EV potential

Volvo Cars has urged world leaders and energy providers to significantly boost investments in clean energy, in order for its and other electric cars to deliver on their true potential in terms of climate benefit. The call coincides with a newly published report into the overall lifecycle carbon emissions of Volvo Cars’ latest fully electric… Continue reading Volvo Cars urges world leaders for more clean energy investment to maximise EV potential

Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers

SOUTHFIELD, Mich., Nov. 1, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has signed a definitive agreement to establish a joint venture with Shinry Technologies Co. Ltd. (300745.SZ), a China-based Tier 1 supplier of electronics for electric vehicles. The completion of the approval and registration… Continue reading Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers

@Geely: Geely Auto Group Launches “Leishen” Global Powertrain Brand

Leishen Power, a new leading intelligent high-efficiency powertrain solutions provider officially launched Leishen’s products include: a world-class modular hybrid powertrain platform; a high-efficiency dedicated hybrid transmissions; new hybrid engines; and new E-drive systems New powertrain brand part of Geely’s commitment to sustainability, offering consumers sustainable low emission powertrain solutions 2021 November 01, Hangzhou Bay. Geely… Continue reading @Geely: Geely Auto Group Launches “Leishen” Global Powertrain Brand

Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021

Sweden’s second largest listing yet Priced at bottom of previously-announced range Share surge lifts valuation to about $22 bln STOCKHOLM, Oct 29 (Reuters) – Volvo Cars (VOLCARb.ST) shares surged 22% on their Stockholm market debut on Friday after wrapping up Europe’s biggest IPO of the year so far, in a boost for new issues markets… Continue reading Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021

Audi turns to software to add more range to its older e-tron EVs

Audi has rolled out a new software update to its 2019 model year e-tron electric SUV that will add up to 12 miles of range to the battery. While the improvement might not seem significant — it is, after all, only 12 miles — it does show how automakers are using software to improve older… Continue reading Audi turns to software to add more range to its older e-tron EVs

Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets

Jaguar Land Rover has joined Tesla’s manufacturer pool for European Union CO2 emissions, a move that’s likely designed to help the firm avoid paying fines for missing its targets. Under EU rules, car firms are required to achieve increasingly tough average CO2 emissions targets for their car fleets. Any that misses its target faces a heavy fine of €95 (£77)… Continue reading Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets