Tag: Geely

Smart #5 SUV primed for reveal as brand’s biggest car yet

Smart has confirmed it will preview its largest and most spacious model to date, an electric SUV called the #5, at next week’s 2024 Beijing motor show. The new model, described as moving “far beyond the urban boundaries” of original Smart models, will be unveiled in concept form prior to a start to production in… Continue reading Smart #5 SUV primed for reveal as brand’s biggest car yet

Cleantechnica: Who Will Produce The “Model 2” If Tesla Won’t?003363

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Like many, I’m still grappling with the idea that Tesla might not produce the “Model 2” or “Model C” — or whatever name you want to give the more affordable electric car Tesla was working on. As a short… Continue reading Cleantechnica: Who Will Produce The “Model 2” If Tesla Won’t?003363

New Mazda CX-80: plush seven-seater tops line-up

Mazda is returning to the seven-seater market after a six-year absence with the CX-80, a luxurious new flagship SUV. Closely related to the CX-60, the CX-80 is the first three-row Mazda in Europe since the 5 MPV and the second model to use Mazda’s Large Product Group platform. Compared with the CX-60, its wheelbase is 250mm longer and its… Continue reading New Mazda CX-80: plush seven-seater tops line-up

Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

By Diego Oré MEXICO CITY (Reuters) – Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last meeting between top Mexican officials… Continue reading Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

Geely-owned Saxo Bank said to weigh strategic options including sale

Denmark’s Saxo Bank is exploring a possible sale, 18 months after talks to merge with a blank-cheque company fell apart, four people familiar with the matter told Reuters. The group, which offers digital trading and investment services, invited investment bankers in recent weeks to pitch for an advisory role to help it consider options, three of the people said,… Continue reading Geely-owned Saxo Bank said to weigh strategic options including sale

Volvo Group’s SDLG inaugurates first manufacturing facility in Bengaluru

SDLG, a Member of the Volvo Group which offers sustainable solutions to construction, earthmoving, infrastructure and mining projects, has inaugurated its first manufacturing facility for wheel loaders, in Bengaluru.  The facility boasts a comprehensive manufacturing setup for five products and can produce 1,000 machines annually per shift. This is a significant milestone for SDLG in its endeavor to… Continue reading Volvo Group’s SDLG inaugurates first manufacturing facility in Bengaluru

Cleantechnica: Spain Has 11% Plugin Vehicle Share — New Monthly Market Share Report 003362

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A small introduction: Following the feedback of some readers, I have decided to stop focusing so much on the Dutch, French, and German markets, and start covering other, less media friendly markets, which allows us to see different realities… Continue reading Cleantechnica: Spain Has 11% Plugin Vehicle Share — New Monthly Market Share Report 003362

Volvo Group – the first quarter 2024

GOTHENBURG, Sweden, April 17, 2024 /PRNewswire/ — “During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group’s markets. Adjusted for currency, net sales were on the same level as in Q1 2023 and amounted to SEK 131.2 billion. Invoiced price continued to increase, mainly on the back of carry-over… Continue reading Volvo Group – the first quarter 2024