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Volvo

EX30, EX90 and the safety-first road to electric — Volvo’s EV transition, tracked.

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Rivian's Nasdaq 100 Exit: Minimal Market Impact?
Rivian

Rivian’s Manufacturing Chief Jumps Ship to Stellantis Amid EV Industry Shifts

Rivian, the electric vehicle startup known for its R1S SUVs and R1T pickups, is facing a significant leadership change as its head of manufacturing, Tim Fallon, departs for a new role at automotive giant Stellantis. This move, reported by Reuters, comes at a critical juncture for both companies as they navigate the evolving EV landscape.…

Polestar

Polestar Begins US Production to Sidestep Chinese EV Tariffs

Swedish electric vehicle maker Polestar has started production of its Polestar 3 SUV in the United States, marking a significant step in avoiding major tariffs on Chinese-made cars, according to Reuters. Polestar Shifts Production Strategy Polestar, majority-owned by China’s Geely, has been manufacturing its vehicles in China and exporting them to overseas markets. However, recent…

NIO

Seniors Trade Gas Guzzlers for Free EV Access in Innovative Retirement Home Program

A unique collaboration between electric vehicle rideshare technology company Kite Mobility Inc. and Delmanor retirement homes is revolutionizing senior mobility while addressing parking challenges for developers. This innovative program, reported by Forbes, allows seniors to give up their gas-powered vehicles in exchange for free access to electric vehicles (EVs). Trading Gas for Electric Maria an

Volvo

Breathe Battery Technologies: Revolutionizing EV Charging with Software

Electric vehicle (EV) charging times have long been a point of contention for potential adopters. UK startup Breathe Battery Technologies is addressing this issue head-on with an innovative software solution that promises to significantly improve charging performance without requiring hardware modifications, according to Forbes. The Power of Software in Battery Management Dr. Ian Campbell, CEO…

EV Tensions Rise: EU Launches Subsidy Probe, China Reacts Strongly
China

EU’s EV Tariff Hike on China Sparks Trade War Fears

The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support for its EV industry, which the EU believes is causing harm to European carmakers, reports…

Volvo

Volvo Shifts EV Production to Europe Amid EU-China Tensions

Volvo, the Swedish automaker owned by China’s Geely, is moving production of its electric vehicles (EVs) from China to Belgium as the European Union (EU) considers imposing tariffs on Chinese-made EVs, according to a report by The Times. EU Investigates Chinese EV Subsidies The European Commission launched an investigation in October 2023 to determine whether…

Volvo

Volvo’s Electric Vehicle Sales Soar in May, Despite Dips in US and China

Volvo Cars reported a 13% increase in global sales for May 2024, reaching 68,034 units. Reuters reports that the growth was primarily driven by a 27% surge in Europe and the strong performance of the fully electric EX30 model. However, sales in the United States and China experienced slight declines of 5% and 1%, respectively.…

Volvo

Volvo Launches World’s First EV Battery Passport Ahead of EU Regulations

In a groundbreaking move, Volvo Cars is set to introduce the world’s first electric vehicle (EV) battery passport for its flagship EX90 SUV, which is about to enter production. The Swedish automaker, owned by China’s Geely, developed the passport in collaboration with UK startup Circulor, utilizing blockchain technology to map supply chains, reports Reuters. Pioneering…

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