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Volvo will make only EVs by 2030; will be sold exclusively online

2Mar By AnkitaNo Comments

Automobile

Volvo will make only EVs by 2030; will be sold exclusively online

Swedish automaker Volvo says it is phasing out the production of all cars with internal combustion engines including hybrids and will make only electric vehicles by 2030. But if you want one, you'll have to buy it online. There is no long-term future for cars with an internal combustion engine, said Henrik Green, Volvo's chief technology officer. Volvo's announcement follows General Motors' pledge earlier this year to make only battery-powered vehicles by 2035. While its all-electric vehicles will be sold exclusively online, dealerships will remain a crucial part of the customer experience and will continue to be responsible for a variety of important services such as selling, preparing, delivering, and servicing cars. As part of the announcement, the Swedish automaker will un...

Volvo Trucks launches range of Electric Trucks for European Market

5Nov By AdityaNo Comments

Automobile

Volvo Trucks launches range of Electric Trucks for European Market

GOTHENBURG, Sweden, Nov. 5, 2020-- In 2021, Europe will be able to order all-electric versions of Volvo's heavy-duty trucks. Volvo Trucks' massive drive towards electrification marks a major step forwards on the road to fossil-free transport. Volvo Trucks is now running tests of the electric heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks, which will be used for regional transport and urban construction operations in Europe. These trucks will have a gross combination weight of up to 44 tonnes. Depending on the battery configuration the range could be up to 300 km. Sales will begin next year and volume production will start in 2022. This means that from 2021 onwards Volvo Trucks will sell a complete range of battery-electric trucks in Europe for distribution, refuse, regional...

Polestar Debuts First Production EV to Overtake Tesla

22Sep By Gauri SinghNo Comments

Automobile

Polestar Debuts First Production EV to Overtake Tesla

Sweden-based Polestar debuted its first production EV and previewed its electric car line in New York. Polestar is a Volvo subsidiary which unveiled its Polestar 1, positioned less as a hybrid and more as a fully electric car to attract fence sitters to EVs. This car will hit the streets in 2019 and will be priced around $155,000. It has 3 electrical motors powered by twin 34kWh battery packs and a turbo and supercharged gas V4 up front. It is the first in a series, with an all-electric Polestar 2 to debut in 2019. “Polestar 2 will be a direct competitor to the Tesla Model 3…” CEO Thomas Ingenlath said while the launch event. Also, he stated that the company will focus more on creating converts to EVs than pulling away Tesla’s existing market share. According to Ingenlath, Polesta...

2Jan By reutersNo Comments

CHINA

China’s WeChat Denies Storing User Chats

Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not store any users’ chat history. That is only stored in users’ mobiles, computers and other terminals,” WeChat said in a post on the social media platform. “WeChat will not use any content from user chats for big data analysis. Because of WeChat’s technical model that does not store or analyse user chats, the rumour that ‘we are watching your WeChat everyday’ is pure misunderstanding.” Li Shufu, chairman of Geely Holdings, owner of the Volvo car brand, was quoted in Chinese media on Monday as saying Tencent Chairman Ma Huateng “must be watchi...

VOLVO: Turnaround of World’s Oldest Startup In The Business

19Sep By RishabhNo Comments

INSPIRATIONAL

VOLVO: Turnaround of World’s Oldest Startup In The Business

VOLVO, a name risen from ashes; not in a fortnight but took years to grow and build its reputation. Volvo meaning "I roll" in Latin was started back in May 1911 with the intention to be used for a new series of SKF ball bearings, which was later registered under "SFK" itself and didn't last long. (more…)

World’s First Autonomous Taxis Hit The Road in Singapore

25Aug By NitishNo Comments

Automobile

World’s First Autonomous Taxis Hit The Road in Singapore

AP- The world's first self-driving taxis began picking up passengers in Singapore starting Thursday. Select members of the public can hail a free ride through their smartphones in taxis operated by nuTonomy, an autonomous vehicle software startup. While multiple companies, including Google and Volvo, have been testing self-driving cars on public roads for several years, nuTonomy says is the first to offer rides to the public. Its launch in Singapore is beating ride-hailing service Uber, which plans to offer rides in autonomous cars in Pittsburgh, by a few weeks. NuTonomy is starting small - six cars now, growing to a dozen by the end of the year. The ultimate goal, company executives say, is to have a fully self-driving taxi fleet in Singapore by 2018, to help cut the number of cars o...