Thursday, 19 September 2024

Focus on Zhejiang Geely Holding Group Co., Ltd.

FILE PHOTO: A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo
AutomotiveBusinessElectric VehiclesIndustryNewsPoliticsTradeTransport

China warns carmakers of risks in building plants overseas, sources say

As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.

FILE PHOTO: A staff member cleans the Geely Galaxy E8 electric vehicle at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric VehiclesManufacturingNews

China’s Geely scouting locations for Europe plant

Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.

FILE PHOTO: A BYD Seal electric vehicle (EV) is displayed at a car dealership in Shanghai, China, February 3, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesNewsPoliticsTradeTransport

China auto suppliers, EV makers flood major trade fair in Germany

To gain a foothold amid looming tariffs, Chinese EVs come to Germany to show off vehicles at trade fair.

An EV charger next to a Volvo car at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric VehiclesNewsTradeTransport

Volvo Cars scales back margin and revenue ambitions

After axing EV target, Volvo Cars lowers revenue and margin aims while pledging one 'technology stack' for all models.

FILE PHOTO: An EV charger next to a Volvo car at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Volvo Cars abandons 2030 EV-only target

Volvo has scrapped its all electric by 2030 target, saying it now expected to still be offering some hybrid models in its lineup...

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Volvo Cars’ July sales rise 6%, driven by EVs in Europe

Sales of electric and hybrid models push Volvo figures higher than last year.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AutomotiveElectric VehiclesNewsPoliticsRegulationsTradeTransport

Chinese industry body tells EU to correct its findings on EVs

EU tariffs on EVs built in China breach global trading rules, according to an industry body representing 12 Chinese automakers.

Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric VehiclesNewsPoliticsTradeTransport

Tesla cars for first time on Chinese government purchase list

Tesla Model Y was included in a list of electric and plug-in hybrid models that government in China can purchase as a service...

FILE PHOTO: Volvo EX90, the company's new electric SUV, is unveiled during a launch event in Stockholm, Sweden November 9, 2022. Anders Wiklund/TT News Agency/via REUTERS /File Photo
AutomotiveBusinessElectric VehiclesFinanceNewsTransport

Volvo Cars’ May sales rise 13%, boosted by electric vehicles

Volvo sales rose 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric...

FILE PHOTO: A Renault logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveCarbon ManagementFuelNewsTransport

Renault, Geely create joint venture for hybrid, combustion engines

The venture is aimed at developing more efficient gasoline engines and hybrid systems, in response to slowing electric vehicle sales.

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