Volvo

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Reuters - Il y a 3 jours

Volvo Cars launches EX30 electric SUV with focus on affordability

UPDATE 1-Volvo Cars launches EX30 electric SUV with focus on affordability New small SUV unveiled in Milan, Italy Has entry of price around 36,000 euros Already available to order in some markets Customers can choose LFP or NMC battery Volvo Cars plans to sell EVs only by 2030 Adds details on car in paragraph 8-12, add quote in paragraph 3 MILAN, June 7 (Reuters) - Volvo Cars VOLCARb.ST launched its EX30 fully-electric small SUV on Wednesday with two battery options and a starting price of aroun

Reuters - Il y a 3 jours

Volvo Cars launches EX30 electric SUV with focus on affordability

Volvo Cars launches EX30 electric SUV with focus on affordability New small SUV unveiled in Milan, Italy Has entry of price around 36,000 euros Already available to order in some markets Customers can choose LFP or NMC battery Volvo Cars plans to sell EVs only by 2030 MILAN, June 7 (Reuters) - Volvo Cars VOLCARb.ST launched its EX30 fully-electric small SUV on Wednesday with two battery options and a starting price of around 36,000 euros ($38,500), as carmakers compete with Tesla TSLA.O to make

Reuters - Il y a 5 jours

Volvo Cars sales up 31% in May as it recovers from past years

UPDATE 2-Volvo Cars sales up 31% in May as it recovers from past years Adds paragraph on last year's chip issues HELSINKI, June 5 (Reuters) - Sweden-based Volvo Cars VOLCARb.ST on Monday posted a 31% rise in sales in May compared with a year earlier, selling 60,398 cars. T he 31% rise comes after a strained 2022, when the company, like other automakers, felt the effects of persistent COVID-lockdowns in China, chip shortages and other supply constraints that hampered production .

Reuters - Il y a 1 semaine

Mercedes won't join Renault's new electric van project-sources

Mercedes won't join Renault's new electric van project-sources PARIS, June 2 (Reuters) - Mercedes Benz Group MBGn.DE , a longtime partner of Renault RENA.PA in vans, won't take part in the French company's FlexEvan electric project and will focus instead on its own premium electric vehicle VAN.EA, two sources with knowledge of the matter said. FlexEvan, scheduled to launch in 2026, is being developed for the Renault and Nissan marques and sources say it could also be joined by Renault Trucks, a

Reuters - Il y a 1 semaine

Volvo Penta And FTMH Expand Partnership

BRIEF-Volvo Penta And FTMH Expand Partnership May 31 (Reuters) - Volvo AB VOLVb.ST : VOLVO PENTA'S MODULAR ELECTRIC SYSTEMS TRIUMPH IN FTMH PARTNERSHIP VOLVO PENTA AND FTMH HAVE EXPANDED THEIR PARTNERSHIP TO INCLUDE ELECTRIC FORKLIFTS PARTNERSHIP WILL SEE A FULL RANGE OF E-FORKLIFTS, UP TO 52-TONNES, DEVELOPED. Source text for Eikon: ID:nWkr2SK0fv

Reuters - Il y a 1 semaine

Chinese battery cash will fuel Europe’s EV drive

BREAKINGVIEWS-Chinese battery cash will fuel Europe’s EV drive The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add chart. By Katrina Hamlin HONG KONG, May 31 (Reuters Breakingviews) - Chinese cash is set to fuel Europe’s green mobility challenge. More than one in five cars sold in the continent last year was electric, making the region the world’s second largest market for e-vehicles after China.

Reuters - Il y a 2 semaines

China's Geely in early talks to enter Thailand EV market -sources

China's Geely in early talks to enter Thailand EV market -sources By Devjyot Ghoshal BANGKOK, May 31 (Reuters) - Major Chinese automaker Geely is in the early stages of planning an entry to Thailand's electric vehicle (EV) market, including weighing models for import and local manufacturing, according to two people with knowledge of the discussions. The considerations include whether to market an entry-level electric car in Thailand as well as an electric pickup truck from its new Radar brand, t

Reuters - Il y a 2 semaines

US business borrowing for equipment falls 8% in April- ELFA survey

US business borrowing for equipment falls 8% in April- ELFA survey May 24 (Reuters) - U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday. The companies signed up for new loans, leases and lines of credit worth $9.7 billion last month, compared with $10.5 billion a year earlier.

Reuters - Il y a 3 semaines

EU risks losing energy transition race, Volvo and Vattenfall warn

EU risks losing energy transition race, Volvo and Vattenfall warn By Julia Payne BRUSSELS, May 23 (Reuters) - Europe risks being left behind on green energy innovation and investment if various pieces of legislation are not aligned and simplified, the CEOs of Volvo Group and Vattenfall said. Sweden's state-owned Vattenfall is a major producer of solar, wind and hydropower as well as nuclear and on Tuesday it agreed a 10-year wind power supply deal with Volvo.

Reuters - Il y a 3 semaines

Geely premium automaker Lynk looks to further European growth

Geely premium automaker Lynk looks to further European growth By Gilles Guillaume PARIS, May 23 (Reuters) - Lynk & Co, a carmaker jointly owned by China's Geely 0715.HK and Volvo Car VOLCARb.ST , plans to open its first showroom in France by early 2024 and to expand in Europe, including Britain, its CEO and founder told Reuters. The automaker, which both sells and rents cars on monthly subscriptions, already has what it calls clubs, which look like bars or lifestyle shops, in Belgium, the Nether

Reuters - Il y a 3 semaines

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Financial software firm ION Group has found a compromise with lenders to unlock the financing it needs to carry out its proposed 1.3 billion euro ($1.4 billion) acquisition of Italian credit manager Prelios, two sources close to the matter said.

Reuters - Il y a 3 semaines

Volvo Group Partners With Vattenfall To Secure Renewable Electricity For Operations

BRIEF-Volvo Group Partners With Vattenfall To Secure Renewable Electricity For Operations May 23 (Reuters) - Volvo AB VOLVb.ST : VOLVO GROUP PARTNERS WITH VATTENFALL TO SECURE LONG-TERM RENEWABLE ELECTRICITY FOR ITS OPERATIONS AGREEMENT MEANS THAT VOLVO GROUP IS COMMITTED TO BUYING 50% OF RENEWABLE ELECTRICITY PRODUCED AT BRUZAHOLM WIND PARK IN SWE

Reuters - Il y a 3 semaines

Volvo Group in deal to buy half of new Swedish wind farm's power

CORRECTED-Volvo Group in deal to buy half of new Swedish wind farm's power Removes reference to Geely, paragraph 1 BRUSSELS, May 23 (Reuters) - Swedish manufacturer Volvo Group, has signed a 10-year deal to buy half of the power produced by Sweden's new Bruzaholm wind farm starting in 2025, the companies said on Tuesday. Swedish state-owned energy company Vattenfall will start construction of the wind farm with a capacity of 140 megawatts will start this summer.

Reuters - Il y a 3 semaines

Volvo wins record order for electric trucks from Holcim

UPDATE 2-Volvo wins record order for electric trucks from Holcim Adds background, details on order STOCKHOLM, May 22 (Reuters) - Volvo G roup VOLVb.ST said on Monday its unit Volvo Trucks plans to sell 1,000 electric trucks to Swiss building solutions provider Holcim HOLN.S for delivery o ver the next seven years, the biggest order ever for Volvo electric trucks .

Reuters - Il y a 3 semaines

Volvo Gets Order For Up To 1,000 Electric Trucks

BRIEF-Volvo Gets Order For Up To 1,000 Electric Trucks May 22 (Reuters) - Volvo AB VOLVb.ST : RECEIVES RECORD ORDER FOR UP TO 1,000 ELECTRIC TRUCKS HAS SIGNED A LETTER OF INTENT TO SELL 1,000 ELECTRIC TRUCKS BETWEEN NOW AND 2030 TO HOLCIM FIRST 130 TRUCKS WILL BE DELIVERED IN 2023 AND 2024 FIRST 130 HEAVY ELECTRIC VOLVO FH AND VOLVO FM TRUCKS WILL

Reuters - Il y a 3 semaines

Volvo wins record order for electric trucks from Holcim

Volvo wins record order for electric trucks from Holcim OSLO, May 22 (Reuters) - Volvo Trucks VOLVb.ST said on Monday it has signed a letter of intent to sell 1,000 electric trucks to Swiss building solutions provider Holcim HOLN.S for delivery in the next seven years. "The deal is the largest commercial order to date for Volvo electric trucks, and the first 130 trucks will be delivered in 2023 and 2024," Volvo said in a statement.

Reuters - Il y a 3 semaines

Holcim AG: Will Deploy Up To 1,000 Electric Trucks From Volvo By 2030

BRIEF-Holcim AG: Will Deploy Up To 1,000 Electric Trucks From Volvo By 2030 May 22 (Reuters) - Holcim AG HOLN.S : WILL DEPLOY UP TO 1,000 ELECTRIC TRUCKS FROM VOLVO BY 2030 DELIVERY FOR FIRST TRUCKS WILL START IN Q4 OF 2023 DEAL IS PART OF A WIDER PARTNERSHIP BETWEEN HOLCIM AND VOLVO GROUP TO DEPLOY ELECTRIC TRUCKS ACROSS HOLCIM'S OPERATIONS IN EUR

Reuters - Il y a 3 semaines

Geely’s Aston Martin stunt could backfire

BREAKINGVIEWS-Geely’s Aston Martin stunt could backfire The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add chart. By Katrina Hamlin HONG KONG, May 19 (Reuters Breakingviews) - Geely’s Aston Martin AML.L stunt could be hard to pull off. The Chinese auto giant is doubling its stake in James Bond’s favourite carmaker to 17%, and snagging a board seat.

Reuters - Il y a 3 semaines

Aston Martin stock soars as China's Geely to become no.3 shareholder

UPDATE 3-Aston Martin stock soars as China's Geely to become no.3 shareholder Geely commits to investment of 234 mln pounds Aston Martin stock rises to a more than two-month high New share subscription to bring AML 95 mln pounds in cash proceeds Updates share price in paragraph 1 and 3; adds debt in paragraph 4 May 18 (Reuters) - Aston Martin's AML.L shares jumped nearly 25% on Thursday after the luxury carmaker announced a 234 million pound investment by China's Geely 0715.HK , doubling the aut

Reuters - Il y a 4 semaines

EV brands Polestar, Smart open the door to partnerships

UPDATE 3-EV brands Polestar, Smart open the door to partnerships Adds comments from Smart Europe CEO, updates headline with Smart By Joseph White MUNICH, May 16 (Reuters) - Senior executives of small electric vehicle brands Polestar and Smart said Tuesday they are open to new technology and investor partners as they fight for sales against larger rivals.

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