Google claims it will make driving an electric vehicle (EV) easy with a number of new features for Google Maps. These new Google Maps features will only be available on Android Automotive-equipped EVs with Google built-in. At this stage, this includes EVs like the Polestar 2, Volvo C40 and XC40 Recharge, GMC Hummer EV, Renault […]
Volvo, Vattenfall, Iberdrola and Siemens Gamesa join SteelZero initiative – EQ Mag Pro
Major businesses including Volva and Iberdrola are the latest to sign up to the Climate Group’s initiative to using 100% net-zero emission steel for products by 2050. The Climate Group has today (31 May) confirmed that Iberdrola, Siemens Gamesa, Vattenfall BA Wind and Volvo Cars are the latest corporate signatories to SteelZero. Convened by The […]
Volvo plans $2.9B IPO to fund electric vehicle plans – EQ Mag Pro
Stockholm : Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner (USD2.9 billion) by selling shares to fund its electric vehicle transformation strategy. Volvo and its parent company, Chinese carmaker Geely, have applied to hold an initial public offering on the Nasdaq Stockholm. The money raised from the IPO will […]
Carmakers Plan Switch to Electric Vehicles: What’s in Store
Most leading brands plan to cut back on internal combustion engines Volkswagen wants to be the global leader in electric vehicles An electric car is seen plugged in at a charging point. Leading automakers have signalled their intention to scrap internal combustion engines by 2030 or cut back sharply on their production as the sector […]
Daimler, Volvo, Traton to Build Electric Vehicle Charging Points
Daimler (DDAIF), Volvo (VLVLY), and Traton have agreed to team up to build electric vehicle charging points across Europe. They plan to do so through a joint venture that would initially be capitalized with 500 million euros. The partners would contribute the money and own equal stakes in the joint venture. The partners plan to […]
Volvo, Northvolt Team Up For Electric Battery Factory
Europe has been ramping up efforts to become more autonomous in the battery sector, though it is still very dependent on production from Asia. Stockholm: Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said […]
Only Volkswagen, Volvo Doing Enough to Electrify in Europe: Study
Sales of battery electric vehicles and plug-in hybrids almost tripled last year, boosted by tighter emission standards and government subsidies. Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle line-ups in Europe and the EU needs to set tougher CO2 emission limits if it wants to meet Green Deal targets, […]
As Cars Go Electric, China Builds a Big Lead in Factories
China is erecting factories for electric cars almost as fast as the rest of the world combined. Xpeng Motors, a Chinese electric car startup, recently opened a large assembly plant in southeastern China and is building a matching factory nearby. It has announced plans for a third. Another Chinese electric car company, Nio, has opened […]
Volvo Group begin customer deliveries of all-electric products
Launching a new generation of zero exhaust emissions products, leading French contractor Eiffage has taken delivery of an all-electric Volvo FE Electric truck and a Volvo ECR25 Electric compact excavator – becoming the first recipient of the products in France. The 17th December saw the first delivery of a Volvo Construction Equipment (Volvo CE) machine […]
Shell, Volvo and Daimler Back Hydrogen as Europe Sets Its Sights on Truck Emissions
With the EV market doing well, industry and policymakers look to hydrogen to fuel trucks and freight vehicles. A flurry of new vehicle releases, increased grants and tax benefits, and plain old economics have helped electric vehicle sales boom in 2020. U.K. sales figures show battery vehicles tripled their market share among new vehicle sales […]
