article thumbnail

Differential effects of the current pandemic on the sales of light-duty vehicles and heavy trucks

Green Car Congress

Light-duty vehicles (cars and light trucks) are being purchased primarily by individuals, while heavy trucks by companies. I have shown recently that during this pandemic light-truck sales declined less than car sales.). Light-duty vehicles. by Michael Sivak, Sivak Applied Research. Heavy trucks.

Light 186
article thumbnail

Velodyne Lidar acquires AI software company Bluecity

Green Car Congress

Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. Bluecity’s executive, software development and sales teams will join Velodyne. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage.

San Jose 369
article thumbnail

Honda Aircraft Company introdues first Certified Pre-Owned (CPO) program for HondaJet

Green Car Congress

Honda Aircraft Company announced its first Certified Pre-Owned program (CPO), providing an exclusive and alternative pathway to owning a HondaJet with a guarantee of quality and support. The new CPO program is now available to customers across the Americas, Europe, and Asia through the company’s authorized sales network.

Honda 195
article thumbnail

Stellantis aims for 100% BEV sales in Europe, 50% in US by 2030

Green Car Congress

Stellantis CEO Carlos Tavares said that the company is targeting global battery-electric vehicle sales of 5 million units in 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the United States. Stellantis N.V.

Europe 365
article thumbnail

Volvo Trucks North America demonstrates pilot electric VNR models; Volvo LIGHTS

Green Car Congress

The Volvo Low Impact Green Heavy Transport Solutions (LIGHTS) Innovation Showcase, held at Volvo Trucks’ TEC Equipment dealership’s Fontana location, revealed the progress that has been achieved since the announcement of the Volvo LIGHTS project in late 2018. Earlier post.) Volvo Group contributed $36.7

article thumbnail

Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Both parties have also agreed to inject 2 billion RMB (US$307 million) in capital into the company.

Companies 435
article thumbnail

Ford, U Mich study finds greater greenhouse gas reductions for pickup truck electrification than for other light-duty vehicles

Green Car Congress

Researchers at the University of Michigan and Ford Motor Company have conducted a cradle-to-grave life cycle GHG assessment of model year 2020 ICEV, HEV, and BEV sedans, sports utility vehicles (SUVs), and pickup trucks in the United States. Maxwell Woody et al. 17 034031 doi: 10.1088/1748-9326/ac5142.

Light 435