Browsing Tag

Vehicle sales

Indonesia’s EV ambitions could help boost investments in the rest of Southeast Asia

Taylor Daemon Sep 25, 2023

Korean automobile manufacturer Kia displays the electric vehicle "EV6 GT-Line" during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023.Yasuyoshi…

Asia

Geely shares jump after automaker beats revenue expectations for 2022

Taylor Daemon Mar 22, 2023

Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday.Shares of Geely spiked as much as 7%, before settling down to trade nearly 3% above its…

Europe

Volvo and Northvolt to build gigafactory in Sweden with a former Tesla exec in charge

Taylor Daemon Feb 4, 2022

A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021.Peerapon Boonyakiat /SOPA Images | LightRocket | Getty ImagesVolvo Cars and Northvolt said…

Technology

Chinese EV maker Xpeng delivers over 10,000 cars for fifth straight month but units dip from December

Taylor Daemon Feb 1, 2022

A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou,…

Europe

Volvo says shift to electric cars is the reason behind its $2.9 billion IPO

Taylor Daemon Oct 5, 2021

A Volvo C40 Recharge photographed in Stockholm, Sweden, on March 2, 2021.CLAUDIO BRESCIANI | AFP | Getty ImagesThe CEO of Volvo Cars has told CNBC that the automaker's shift to…