Tag: Geely

China’s Baidu, Geely say ‘huge changes’ in EV landscape behind cuts

It was unclear how many employees would be affected, but Baidu and Geely vowed to help resolve payment issues “as soon as possible”. Chinese tech titan Baidu and car giant Geely on Friday blamed “huge changes” in the EV industry for sudden staffing and operations cuts at their joint electric auto venture this week. “Due… Continue reading China’s Baidu, Geely say ‘huge changes’ in EV landscape behind cuts

Domestic PV wholesales up 4% YoY in November, 2W sales down 1.1%: SIAM

India’s passenger vehicle industry saw its wholesale volume in November grow on a year-on-year basis, while both two and three-wheeler wholesales recorded a de-growth of around 1% during the month. According to data from the Society of Indian Automobile Manufacturers released today, domestic passenger vehicle sales grew 4.1% on year to 3.48 lakh units, which… Continue reading Domestic PV wholesales up 4% YoY in November, 2W sales down 1.1%: SIAM

Why Is Westport (WPRT) Up 8.4% Since Last Earnings Report?

A month has gone by since the last earnings report for Westport Innovations (WPRT). Shares have added about 8.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Westport due for a pullback? Before we dive into how investors and analysts… Continue reading Why Is Westport (WPRT) Up 8.4% Since Last Earnings Report?

Amazon deploys 10K EVs in India

The company is also facilitating accessible financing options for electric two-wheelers, three-wheelers, and trucks. Amazon India achieved its goal of deploying 10,000 electric vehicles (EVs) in its delivery fleet by October 2024, surpassing its target by over a year. The company aims to achieve net-zero carbon emissions by 2040, aligning with its Climate Pledge commitment… Continue reading Amazon deploys 10K EVs in India

Amazon surpasses EV deployment goals in India

Amazon announced that it has surpassed its target of deploying 10,000 electric vehicles (EVs) in its India delivery fleet, achieving the milestone in October 2024, over a year ahead of schedule. The EVs are currently operational in cities including Delhi, Mumbai, and Bengaluru, covering a network that spans 500 cities from Leh to Gangtok.  … Continue reading Amazon surpasses EV deployment goals in India

Geely launches Ford E-Transit Custom rival in the UK

Geely’s commercial vehicles arm, Farizon, will soon enter the UK market with a rival for the Ford E-Transit Custom and the Vauxhall Vivaro Electric. Named the Farizon SV (Supervan), it is based on an architecture designed specifically for electric vehicles, with batteries mounted under the floor of the cargo bay. It will be offered in… Continue reading Geely launches Ford E-Transit Custom rival in the UK

Volvo Begins Autonomous Operations for DHL Supply Chain in Texas

GOTHENBURG, Sweden, Dec. 11, 2024 /PRNewswire/ — Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have taken a significant step towards transforming freight transportation with the launch of autonomous operations in the United States. The operations will be enabled by the purpose-built, production-ready Volvo VNL Autonomous which is powered by the Aurora Driver. The start of… Continue reading Volvo Begins Autonomous Operations for DHL Supply Chain in Texas

The Iconic Abbey Road Audio Experience Is Coming to Cars—and Maybe Your Next Headphones

What’s perhaps most remarkable about the prized and fetishized sound of Abbey Road Studios is that to a certain extent it relies on various bits of homemade, one-of-a-kind equipment that looks, to the untrained eye, like it might be more at home in a quiet corner of the set of Doctor Who. “The first thing… Continue reading The Iconic Abbey Road Audio Experience Is Coming to Cars—and Maybe Your Next Headphones

In-Car Wi-Fi Market to grow by USD 270.54 Billion from 2024-2028, driven by diverse data plans, Report on how AI is redefining the market landscape – Technavio

NEW YORK, Dec. 9, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global In-car wi-fi market size is estimated to grow by USD 270.54 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 49.01% during the forecast period. Wide range of data plans for in-car… Continue reading In-Car Wi-Fi Market to grow by USD 270.54 Billion from 2024-2028, driven by diverse data plans, Report on how AI is redefining the market landscape – Technavio