Tag: Geely

@Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells

November 02, 2020 – The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading… Continue reading @Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells

Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture

GOTHENBURG, Sweden, Nov. 2, 2020  /PRNewswire/ — The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new… Continue reading Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture

German Manager Magazin: Ford and Volvo agree on CO2 alliance000289

The American automaker ford tries to avoid the impending CO2 penalties in Europe through an alliance with the Swedish competitor Volvo. The companies registered their alliance with the European Union on Thursday. Ford will meet the stricter rules for CO2 emissions that have been in effect since this year together with Volvo, according to company… Continue reading German Manager Magazin: Ford and Volvo agree on CO2 alliance000289

Nidec plans $2bn EV motor factory in Europe for bet beyond China

KYOTO — Japan’s Nidec will spend about 200 billion yen ($1.9 billion) to build an electric vehicle motor factory in Serbia, Nikkei has learned, as the company looks to expand its foothold in Europe, whose EV market rivals that of China. The motor manufacturer is apparently in the final stages of talks with local authorities on… Continue reading Nidec plans $2bn EV motor factory in Europe for bet beyond China

@Geely: Kandi Technologies to Report Third Quarter 2020 Financial Results and Hold a Conference Call on November 9, 2020

JINHUA, China, Oct. 30, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its third quarter 2020 financial results on Monday, November 9, 2020, before the U.S. stock market open.The Company has scheduled a conference call and live webcast to discuss its financial results… Continue reading @Geely: Kandi Technologies to Report Third Quarter 2020 Financial Results and Hold a Conference Call on November 9, 2020

Volvo Group and Isuzu Motors sign final agreements to form strategic alliance

GÖTEBORG, Sweden, Oct. 30, 2020 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed binding agreements to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing industry transformation, in accordance with the Memorandum of Understanding signed in December 2019. The agreements include Isuzu Motor’s acquisition of UD… Continue reading Volvo Group and Isuzu Motors sign final agreements to form strategic alliance

AB Volvo and Isuzu Motors sign final agreements for strategic alliance

By Reuters Staff 1 Min Read Slideshow ( 2 images ) STOCKHOLM (Reuters) – Truckmaker AB Volvo VOLVb.ST and Japan’s Isuzu Motors 7202.T have inked a binding agreement for their previously announced strategic alliance, which includes Isuzu buying Volvo’s UD Trucks for around 20 billion Swedish crowns ($2.29 billion). The final agreement follow a memorandum… Continue reading AB Volvo and Isuzu Motors sign final agreements for strategic alliance

Geely’s EV maker Polestar recalls all Polestar 2 sedans again

By Reuters Staff 1 Min Read FILE PHOTO: A worker wearing a face mask following the coronavirus disease (COVID-19) outbreak cleans the floor near a Polestar 2 electric sedan displayed at a shopping mall in Shanghai, China May 5, 2020. REUTERS/Yilei Sun STOCKHOLM (Reuters) – Electric vehicle maker Polestar, owned by Volvo Cars and its… Continue reading Geely’s EV maker Polestar recalls all Polestar 2 sedans again