Tag: Geely

Polestar ‘will have to question everything’ in order to build the first climate-neutral EV

Polestar, the Swedish electric vehicle brand spun out of Volvo Car Group, set on Wednesday a “moonshot goal” of creating the first climate neutral car by 2030. But instead of getting there through more widely-practiced offsetting measures, such as planting trees, the company said it’s going to fundamentally change the way the new EV is… Continue reading Polestar ‘will have to question everything’ in order to build the first climate-neutral EV

@Geely: Geely Automobile Holding Sales Volume For March 2021 Was 100,029 Units

2021 April 07, Hong Kong. Geely Automobile Holding Limited (Group) announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of March 2021 was 100,029 units, an increase of approximately 37% from the same period last year… Continue reading @Geely: Geely Automobile Holding Sales Volume For March 2021 Was 100,029 Units

Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets

Swedish electric performance automaker Polestar says it will build the world’s first truly zero-emissions vehicle without relying on carbon offsets, which it described as a “cop-out.” The company, which was spun out of Volvo and Volvo’s parent company Geely, framed its effort to cut carbon emissions by changing the way its cars are made as… Continue reading Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets

The 2030 milestone: the supply of cars becomes 100 percent electric

3 ‘of reading There are less than 10 years to a real revolution in the offer of car manufacturers. From 2030, in fact, brands such as Volvo and Ford will definitively say goodbye to the presence of thermal models in their price lists. No petrol or diesel version in hybrid version but only electric cars.… Continue reading The 2030 milestone: the supply of cars becomes 100 percent electric

Mercedes launches megaplan for software and sustainability

3 ‘of reading Electrification and in-house developed technical solutions, especially on the software front, are at the heart of Mercedes’ strategy to tackle the energy and technological transition. The plan, named Ambition 2039, provides for many new features over the next few years that will revolutionize the Star’s offer. The operation is supported by the… Continue reading Mercedes launches megaplan for software and sustainability

Romeo Power Tumbles As EV Battery Play Warns Of 2021 Shortages

Bloomberg Foxconn’s Profit Misses Estimates as Pivot to Cars Accelerates (Bloomberg) — Hon Hai Precision Industry Co. warned that component shortages could persist till 2022 and affect under a tenth of its shipments, amplifying concerns that a global chip crunch could extend well beyond this year.The assembler of most of the world’s iPhones follows fellow… Continue reading Romeo Power Tumbles As EV Battery Play Warns Of 2021 Shortages

Volvo Cars to review options including IPO, Geely says

By Reuters Staff 1 Min Read FILE PHOTO: Workers are seen on a production line for Polestar, Volvo and Lynk&Co vehicles at a Geely plant in Taizhou, Zhejiang province, China July 29, 2020. Picture taken July 29, 2020. REUTERS/Yilei Sun/File Photo BEIJING (Reuters) – China’s Zhejiang Geely Holding Group said on Wednesday its Volvo Cars… Continue reading Volvo Cars to review options including IPO, Geely says

Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU

Brussels, 31 March 2021 – The EU automobile industry is open to higher CO2 reduction targets for cars in 2030, provided that they are directly linked to binding commitments from member states to roll out the required charging points and hydrogen stations. CEOs of Europe’s leading car makers agreed this during a recent Board meeting… Continue reading Car makers open to higher CO2 targets, if there is matching infrastructure ramp-up across the EU