Tag: Geely

Daimler to cut fixed costs by more than 20% by 2025

By Reuters Staff 1 Min Read FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler DAIGn.DE on Tuesday said it will cut fixed costs, capex and research and development expenditure by more than 20% by 2025 compared with 2019… Continue reading Daimler to cut fixed costs by more than 20% by 2025

2,200 Polestar 2 EVs just got recalled over a software defect that can cause them to shut off randomly

Geely, the parent company behind Polestar and Volvo, recalled about 2,200 Polestar 2s over a software defect, Reuters reported via Swedish financial paper Dagens Industri. The defect can cause the cars to lose power and stop running, even while they are driving. The recall only affects Polestar 2s in China and certain parts of Europe.… Continue reading 2,200 Polestar 2 EVs just got recalled over a software defect that can cause them to shut off randomly

Worst September for UK car sales this century

New UK car registrations fell 4.4% in September from a year earlier, according to the motor industry. That made it the worst September this century in what is normally the industry’s second most important month. There were just 328,041 new registrations in the month, said the Society of Motor Manufacturers and Traders (SMMT). The car… Continue reading Worst September for UK car sales this century

Geely’s EV maker Polestar recalls all new Polestar 2 sedans -Swedish daily DI

By Reuters Staff 1 Min Read Slideshow ( 2 images ) STOCKHOLM (Reuters) – Electric vehicle maker Polestar, owned by Volvo Cars and its parent China’s Geely, is recalling all new Polestar 2 cars due to a software glitch, business daily Dagens Industri (DI) said on Friday. The recall of close to 2,200 vehicles delivered… Continue reading Geely’s EV maker Polestar recalls all new Polestar 2 sedans -Swedish daily DI

@Geely: Fri 02 Oct 2020Lotus wins UK Government support and funding to deliver next-generation EV architecture Read more

(Hethel, UK – 2 October 2020) – An engineering partnership led by Lotus has won UK Government support and funding to develop an all-new next-generation Battery Electric Vehicle (BEV) architecture. The news was confirmed today by the Advanced Propulsion Centre (APC). The funding is awarded as part of the APC’s Advanced Route to Market Demonstrator… Continue reading @Geely: Fri 02 Oct 2020Lotus wins UK Government support and funding to deliver next-generation EV architecture Read more

@Daimler: Pre-series production of fuel cells: site visit in Esslingen

Stuttgart/Esslingen – In June 2020, Daimler Truck AG announced that it was consistently driving forward series production of fuel cells with Daimler Truck Fuel Cell GmbH & Co. KG. In the past ten years, experts from Daimler have already built up extensive know-how in this field and have developed production methods and processes. In close… Continue reading @Daimler: Pre-series production of fuel cells: site visit in Esslingen

Volvo starts production of fully electric XC40 Recharge

Volvo Cars has begun production of the full electric XC40 Recharge. This represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects 50 percent of its global sales to consist of fully electric cars, with the rest hybrids. The… Continue reading Volvo starts production of fully electric XC40 Recharge