Auto Production In China To Rebound
While vehicle and component production has slowed to a trickle in Europe because of the corona virus outbreak, Daimler, Volvo and suppliers say their factories in China are coming back online. Daimler has reopened its factory in China, where demand for vehicles is…
Volvo’s Polestar Opens Factory In China To Export To Europe, US
Volvo Cars’ performance electric car brand, Polestar, has opened a factory in western China to produce a gasoline-electric hybrid for export to Europe and the United States. Polestar CEO Thomas Ingenlath said Tuesday exports of the two-door, carbon fiber Polestar…
Volvo Has Dramatically Increased Its Global Sales
In China alone, the Swedish brand have recorded a demand growth of 25%. In the first seven months of 2019 world Volvo sales jumped by 7.3% and amounted to almost 400 thousand units of cars. About it reports a press-service…
Volvo Is Using Blockchain to Source Conflict-Free Cobalt For Its Electric Cars
Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from…
These Chinese EV Makers Are Eyeing The US And Europe Even As They Struggle At Home
At least six Chinese electric car makers say they’re determined to begin sales in Europe and the US this year or the next, but some of them barely have a presence at home, making those plans appear far-fetched. Declining Auto…
