This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It… Continue reading CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
Tag: Volvo
Some Volvo EX30 owners warned not to charge indoors unattended
Owners of Single Motor Extended Range and Twin Motor Performance versions of the Volvo EX30 have been instructed not to leave their cars unattended while charging indoors or in covered areas, due to a battery fire risk. Volvo recently identified an issue with battery cells overheating in the long-range versions of the EV, which use a 69kWh pack comprising… Continue reading Some Volvo EX30 owners warned not to charge indoors unattended
Waabi Raises $750M USD in Series C Funding
Waabi, a Toronto, Canada-based Physical AI company, raised $750M USD in Series C funding. The round was led by Khosla Ventures and G2 Venture Partners, with participation from Uber, NVentures, Volvo Group Venture Capital, Porsche Automobil Holding SE, BlackRock, Radical Ventures, HarbourVest Partners, Linse Capital, Incharge Capital, BDC Capital’s Thrive Venture Fund, Export Development Canada… Continue reading Waabi Raises $750M USD in Series C Funding
Luminar sale approved despite last-minute mystery bid
Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an offer that apparently blew away the leading bid of $33 million. This bid, which emerged just before a hearing Tuesday, kicked off a series of rapid-fire meetings between Luminar’s remaining leadership team and its lawyers,… Continue reading Luminar sale approved despite last-minute mystery bid
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one… Continue reading Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Automotive Air Suspension Industry Competitive Analysis Report 2025: Company Profiles, Strategic Developments, Mergers, Product Innovations, Revenue Insights, and Future Forecasts
Company Logo The global automotive air suspension market is projected to reach approximately USD 7.42 billion by 2025, with an expected CAGR of 6.06% from 2025 to 2033, ultimately reaching USD 11.88 billion by 2033. This growth is driven by escalating demand for enhanced comfort, improved vehicle handling, and increased interest in electric and luxury… Continue reading Automotive Air Suspension Industry Competitive Analysis Report 2025: Company Profiles, Strategic Developments, Mergers, Product Innovations, Revenue Insights, and Future Forecasts
Eicher Pro X EV Completes Kashmir to Kanyakumari Journey, Sets Multiple Records
VE Commercial Vehicles Limited has announced that its Eicher Pro X EV has become the first electric commercial vehicle to complete the Kashmir to Kanyakumari route while fully loaded, covering over 4,000 kilometers in six days. The journey, which began in Srinagar on January 20 and concluded in Kanyakumari on January 26, has been recognized… Continue reading Eicher Pro X EV Completes Kashmir to Kanyakumari Journey, Sets Multiple Records
Volvo Group Sales Down 9%, Operating Profit Down 22% in 2025
Volvo Group on Tuesday reported a 9% drop in net sales and a 22% decline in adjusted operating income for 2025, reflecting softer demand and currency headwinds, even as the Swedish commercial vehicle maker proposed a total dividend of SEK 13 per share. Net sales fell to SEK 479.2 billion from SEK 526.8 billion a… Continue reading Volvo Group Sales Down 9%, Operating Profit Down 22% in 2025
Volvo Group – the fourth quarter and full year 2025
GOTHENBURG, Sweden, Jan. 28, 2026 /PRNewswire/ — “For the full year 2025, the Volvo Group’s net sales amounted to SEK 479.2 billion (526.8) and the adjusted operating income to SEK 51.2 billion (65.7), with an adjusted operating margin of 10.7% (12.5). Return on capital employed in the Industrial Operations was 25.5% (35.8). We generated an… Continue reading Volvo Group – the fourth quarter and full year 2025
Volvo leads the market for heavy trucks in Europe
For the second year in a row, Volvo Trucks is the market leader in Europe for heavy-duty trucks. In 2025, the company had an overall market share in Europe of 19.0%. Volvo is the market leader for heavy trucks in Europe 2025 for the second year in a row. The FH Aero is the company’s… Continue reading Volvo leads the market for heavy trucks in Europe