Incoming European Union import tariff rises mean Volvo is considering shifting supply of its Chinese-built EX30 to non-EU markets, such as the UK, while it readies its Belgium factory to take over local market production early next year. The crossover is currently the third best-selling electric car in Europe behind the Tesla Model 3 and Tesla Model… Continue reading Volvo considering EX30 sales ramp-up outside of EU as tariffs hit
Tag: Volvo
China Carmakers to Double Overseas Capacity to Beat Tariffs
(Bloomberg) — Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF. Most Read from Bloomberg Exports and knockdown assembly — where key parts of cars are made in China then shipped overseas for assembly — have traditionally been… Continue reading China Carmakers to Double Overseas Capacity to Beat Tariffs
@Geely-Volvo: Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
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Volvo slashes sales guidance as it warns industry remains ‘under pressure’
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Volvo slashes sales guidance as it warns industry remains ‘under pressure’
Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
Q3 operating profit (excl. JVs and associates) was SEK 5.7 bn, vs SEK 6.1 bn in Q3 2023 Q3 operating profit was 5.8 bn SEK, vs SEK 4.5 bn in Q3 2023 Q3 EBIT margin (excl. JVs and associates) was 6.2 per cent, vs 6.7 per cent in Q3 2023 Q3 EBIT margin was 6.2… Continue reading Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion
Qualcomm and Google team up to help carmakers create AI voice systems
Car manufacturers will be able to develop new AI voice assistants for their cars thanks to a new partnership with Qualcomm and Google. Qualcomm announced earlier today that it’s working with Google on a new AI development system for carmakers. The new version is based on Android Automotive OS (AAOS), Google’s infotainment platform for cars.… Continue reading Qualcomm and Google team up to help carmakers create AI voice systems
Clean Technica: EV Sales Trends, Tesla, and BYD in Chile003676
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! One of our readers, “Mateo from Chile,” wrote in with the following note the other day: “I saw Zach’s good article on Tesla’s Superchargers in Chile earlier this week. I live in Chile, and noticed that the latest Chilean… Continue reading Clean Technica: EV Sales Trends, Tesla, and BYD in Chile003676
Xinhua Silk Road: Volvo EM90 stars at Annual Conference of Financial Street Forum 2024 as sole officially designated car
BEIJING, Oct. 20, 2024 /PRNewswire/ — The Volvo EM90, a fully electric premium multi-purpose vehicle (MPV) produced by Volvo Cars, shines at the Annual Conference of Financial Street Forum 2024 held from October 18 to 20 in Beijing as the sole officially designated car, offering a premium travel experience for guests attending the event. The… Continue reading Xinhua Silk Road: Volvo EM90 stars at Annual Conference of Financial Street Forum 2024 as sole officially designated car
Volvo Group – the third quarter 2024
GOTHENBURG, Sweden, Oct. 18, 2024 /PRNewswire/ — “In Q3 2024, demand continued to normalize on most of the Volvo Group’s markets. We are seeing that freight and construction activity has come down in many regions across the world compared with the very high levels of last year. Our net sales decreased by 7% when adjusted… Continue reading Volvo Group – the third quarter 2024
Der Geschäftsführer der Volvo Group hält eine Keynote-Rede auf der CES 2025
Präsident und Geschäftsführer Martin Lundstedt stellt nachhaltige Innovation vor ARLINGTON, Va., 16. Oktober 2024 /PRNewswire/ — Die Consumer Technology Association (CTA)® kündigt Martin Lundstedt, Präsident und Geschäftsführer der Volvo Group, als Hauptredner für CES® 2025 an, zusammen mit mehreren einflussreichen Gästen. Die Volvo Group wird ihre Vision für einen zu 100 % sicheren, zu 100… Continue reading Der Geschäftsführer der Volvo Group hält eine Keynote-Rede auf der CES 2025