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Geely Holding and ElectroMobility Poland sign agreement to license pure electric SEA architecture for Izera brand

Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive technology group, has signed an agreement to license its pure electric Sustainable Experience Architecture (SEA) to ElectroMobility Poland (EMP).EMP is an electric vehicle (EV)...

Volvo Cars becomes founding member of Accelerating to Zero Coalition and calls for more climate action from governments

Volvo Cars have announced it is joining the Accelerating to Zero Coalition, which will be launched later at this year’s UN Climate Change Conference (COP27) in Sharm El Sheikh, Egypt. During COP27, Volvo Cars...

Volkswagen hits the half-million mark with ID. electric car models one year earlier than planned

Volkswagen has announced it’s on track with the electrification of its vehicle fleet. Since the first ID.3 models were handed over to customers in October 2020, Volkswagen has delivered 500,000 electric vehicles (EVs) from...

Volvo Cars divests its holding in Aurobay to Geely Holding as it moves to an all-electric future 

Volvo Cars have a strategic direction to become fully electric by 2030 and shape the future of mobility. In line with these ambitions, Volvo Cars will divest its 33 per cent holding in Aurobay...

Honda unveils its new e:N2 Concept electric vehicle (EV)

Honda has unveiled its new e:N2 Concept electric vehicle (EV) at a world premiere today at the fifth China International Import Expo in Shanghai, China. The concept model is the second of its e:N...

Electric vehicle (EV) brand Polestar obtains $1.6 billion financial support from major shareholders

Polestar, the Swedish electric performance car brand, has announced that it has received further commitments for financial and liquidity support from its two major shareholders.Volvo Cars are providing an $800 million principal amount 18-month...