Green Car Congress
OCTOBER 5, 2022
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.
Green Car Congress
NOVEMBER 7, 2021
In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. Most notably, the company invested more than 5.23
Green Car Congress
FEBRUARY 17, 2022
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. Volvo Trucks has the largest market share at 42%. Data: IHS Markit.
Electric Cars Report
NOVEMBER 3, 2023
Volvo Cars reported its 14th consecutive month of growth as global sales reached 59,861 cars in October, up 10 per cent compared to the same period last year. The sales increase was primarily driven by the company’s fully electric cars.
Green Car Congress
JUNE 4, 2023
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).
Green Car Congress
AUGUST 30, 2022
Cummins and Canada-based Buhler Industries , a leading tractor manufacturer under the Versatile brand, signed a letter of intent for plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. —Adam Reid, Versatile’s Vice-President of Sales and Marketing.
Green Car Congress
JULY 5, 2021
Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. The company has acquired 100% of the shares of the US company ViCTORi LLC, better known as VAIREX air systems, effective 2 July 2021. In the future, Eberspächer will offer air supply components for fuel cell systems.
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