LEVC CEO Joerg Hofmann said: “LEVC is committed to the wellbeing of our employees and keeping all jobs secure throughout this difficult period. Our strategic direction remains on track and, with high levels of customer demand and further growth planned this year, taking these measures to adjust production now will ensure that we are ready… Continue reading @Geely: LEVC adjusts production operations in response to COVID-19
Tag: Geely
Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal
Brussels, 14 May 2020 – CEOs from across the automotive value chain came together for a meeting with the European Commission to align on the priorities for a solid recovery plan for the automotive sector, with a view to stimulating the wider economy and bolstering the transformation to a carbon-neutral society. CEOs of vehicle manufacturers… Continue reading Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal
AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend
GÖTEBORG, Sweden, May 12, 2020 /PRNewswire/ — The Board of Directors of AB Volvo has decided to withdraw the proposal to the Annual General Meeting for an ordinary dividend of SEK 5.50 per share and instead proposes that no dividend for 2019 will be paid. The Volvo Group has a strong financial position. However, there… Continue reading AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend
Truck maker Volvo ditches dividend payment amid COVID-19 crisis
FILE PHOTO: The logo of Volvo is seen on the front grill of a Volvo truck in a customer showroom at its company headquarters in Gothenburg September 23, 2008. REUTERS/Bob Strong (Reuters) – Swedish truck maker Volvo (VOLVb.ST) will withdraw its proposed dividend for 2019, it said on Tuesday, joining a slew of firms opting… Continue reading Truck maker Volvo ditches dividend payment amid COVID-19 crisis
@Geely: Mon 11 May 2020The Lotus Evija aero story: “A fighter jet in a world of kites”. Exclusive Q&A with Lotus’ chief aerodynamicist Richard HillThe unique…
• New airflow animation explains the Evija all-electric hypercar’s unique porosity and phenomenal downforce • Highly experienced senior engineer with 30+ years at Lotus details philosophy of the Evija’s sophisticated aerodynamics (Hethel, UK – 12 May 2020) – The unique porosity and phenomenal downforce of the Evija all-electric hypercar has been brought to life… Continue reading @Geely: Mon 11 May 2020The Lotus Evija aero story: “A fighter jet in a world of kites”. Exclusive Q&A with Lotus’ chief aerodynamicist Richard HillThe unique…
Weltmeister Presents Maven, A Concept Car With 497 Miles Of Range
There is probably no car company name that is more self-confident than Weltmeister. When we wrote about it back in 2016, we said Weltmeister meant “World Champion,” but another possible translation is “master of the world.” We have no idea if its latest concept car, the Maven, could rule or teach anyone anything in the… Continue reading Weltmeister Presents Maven, A Concept Car With 497 Miles Of Range
Big Rigs Begin to Trade Diesel for Electric Motors
CHINO, Calif. — The turning radius took some getting used to. So did the gigantic steering wheel. But the electric version of the Freightliner Cascadia big rig was otherwise easy to drive, as I navigated the warehouse parking lot, dodging delivery trucks for Amazon and J.B. Hunt. Being 80 feet long, it didn’t quite offer… Continue reading Big Rigs Begin to Trade Diesel for Electric Motors
@Geely: Kandi Technologies to Delay 10-Q Filing
JINHUA, CHINA, May 11, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it would delay the filing of its 2020 Quarterly Report on Form 10-Q, which was originally due on May 11, 2020. The impact in China of the current outbreak of COVID-19 has presented… Continue reading @Geely: Kandi Technologies to Delay 10-Q Filing
SK Telecom to supply car infotainment system to Volvo in S. Korea
SK Telecom Co. said Monday its car infotainment system will be installed in Volvo vehicles sold in South Korea.Under the partnership with Volvo Car Korea Co., the South Korean telecommunications firm will supply its in-vehicle infotainment (IVI) system and will cooperate to develop IVI-related technologies.In January, the company signed a partnership with China-based electric vehicle (EV) maker Byton to develop an IVI system.
Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership
– A new model of integrating connected vehicles, connected homes and connected customers is being developed – New, flexible platform designed to power a future digital mobility lifestyle – New global sustainability programme targets net zero carbon across Lotus operations LONDON, May 11, 2020 /PRNewswire/ — Centrica plc, the parent company of British Gas, and… Continue reading Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership