Press Releases – Car data: Automakers welcome European Commission’s focus on safe and secure access

Brussels, 17 May 2018 – The European Automobile Manufacturers’ Association (ACEA) is pleased to see that the European Commission is giving priority to ensuring safe and secure access to vehicle data in the third EU Mobility Package that was presented today. In its new Communication ‘On the Road to Automated Mobility’, the Commission mentions the… Continue reading Press Releases – Car data: Automakers welcome European Commission’s focus on safe and secure access

Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards

Brussels, 17 May 2018 – The European Automobile Manufacturers’ Association (ACEA), representing the seven major EU producers of heavy-duty vehicles, takes note of the European Commission’s proposal for CO2 emission standards for EU trucks, published today. This is one important part of a broader strategy to further decarbonise road transport – an objective to which… Continue reading Press Releases – Truck industry reacts to EU proposal for first-ever CO2 standards

Geely/Volvo To Use Maxwell Ultracapacitors In PHEVs

19 M BY MARK KANE Zhejiang Geely Holding Group (Geely), the parent company to Volvo Car and Geely Auto, signed a partnership with Maxwell Technologies to use ultracapacitors in new electrified models. Maxwell Technologies Ultracapacitors were sometimes spotted in start-stop applications, but Geely intends to extend the use of ultracapacitor subsystems to hybrids and plug-in… Continue reading Geely/Volvo To Use Maxwell Ultracapacitors In PHEVs

First Bloodhound SSC speed record attempt confirmed for 2019

The Bloodhound SSC – the British 1000mph Eurofighter-jet-powered land speed record challenger – looks set to make its first record attempt at the end of 2019 despite major setbacks to funding. Thanks to a shift in plans, the Bloodhound team, which recently lost composites suppliers that have fallen into receivership, is scheduled to make its first high-speed runs on South Africa’s Northern… Continue reading First Bloodhound SSC speed record attempt confirmed for 2019

Volvo S60 spearheads brand’s no-diesel future

The upcoming Volvo S60 saloon will be launched without a diesel option as the brand moves away from the black pump and towards a fully electrified range.  A rival to the BMW 3 Series, Audi A4 and Mercedes-Benz C-Class, the S60 will be unveiled in the coming weeks as the sister car to the V60 estate and… Continue reading Volvo S60 spearheads brand’s no-diesel future

Volvo CEO says focussed on electrification, automation regardless of IPO

LONDON, May 16 (Reuters) – Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so regardless of whether the firm launches a stock market flotation, its boss said on Wednesday. “We need to address these issues with electrification and automated drive,” Hakan Samuelsson said… Continue reading Volvo CEO says focussed on electrification, automation regardless of IPO

Volvo Cars to eliminate diesel from the new S60 sedan

Volvo Cars to eliminate diesel from the new S60 sedan The new Volvo S60 sedan – to be launched later this spring – will be the first Volvo to be produced without a diesel engine, highlighting Volvo Cars’ commitment to a long-term future beyond the traditional combustion engine. All new Volvo models launched from 2019… Continue reading Volvo Cars to eliminate diesel from the new S60 sedan

Press Releases – ‘Active’ vehicle safety most effective, new analysis of accident data shows

Brussels, 15 May 2018 – Ahead of the publication of the European Commission’s proposal for new vehicle safety measures later this week, the European Automobile Manufacturers’ Association (ACEA) calls for a strong focus on active safety technologies, which can prevent accidents from happening. Over the past decades, passive safety systems – like pre-tensioned seatbelts, airbags… Continue reading Press Releases – ‘Active’ vehicle safety most effective, new analysis of accident data shows

Geely considering dual-location stock market flotation of Volvo

Chinese car giant Geely is considering floating Volvo on the Hong Kong and Stockholm stock exchanges.  According to Bloomberg, the burgeoning Swedish brand’s parent company has consulted three major banking firms – Goldman Sachs, Citigroup and Morgan Stanley – on the possible move.  Sources disclosed that a company value of between £12 billion and £22 billion is… Continue reading Geely considering dual-location stock market flotation of Volvo

Daimler major shareholder: Li Shufu was late – now threatens million fine

All articles and backgrounds 05/14/2018 Daimler major shareholder Li Shufu was late – now threatens million fine [M] AFP; DPA Major Daimler shareholder Li Shufu, Daimler CEO Dieter Zetsche: Access from China Due to missed deadlines when joining in Daimler could be the Chinese carmaker Geely to a million-fined fine. As the “Frankfurter Allgemeine Zeitung”… Continue reading Daimler major shareholder: Li Shufu was late – now threatens million fine