Page 5 - ஜெஜியாங் கீளி வைத்திருத்தல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Volvo Cars and Geely Holding create Aurobay
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Lotus Emira debuts - 3 5L V6 and AMG 2 0L turbo four-cylinder; up to 400 hp, 430 Nm; manual, auto and DCT
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Volvo to shake up car nomenclature starting with new EV flagship
For its Tesla Model X rival, Volvo will deviate from using letter and number combinations as it does for models such as the XC90
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The Concept Recharge s grille has a shield-like structure as well as a new interpretation of Volvo’s Thor’s Hammer headlight design.
Volvo will change the way it names its cars starting a new full-electric flagship that will debut next year.
Instead of carrying over the XC90 moniker, Volvo will deviate from using letter and number combinations for its Tesla Model X rival.
“This car will have a name, more like a [newborn] child,” Volvo CEO Hakan Samuelsson said during a presentation of the company’s EV-centric future on Wednesday.
Volvo cars evaluating IPO potential, with Geely as major stockholder
Volvo cars merger with the Hong Kong-listed Geely Automobile will be further extending to Geely having major shareholding. The IPO is not announced but considered a potential listing and is set to evaluate capital market options, stock market listing, and an initial public offering.
Image credits- The Economic Times
For more than a year, start-ups often look out for the options to be listed publicly. Each day the rise and fall of such electric vehicle startups can be observed. However, Volvo Cars weren’t listed publicly despite being in the car industry for 94 years.
Daimler car plant in Brazil draws interest from China s Great Wall
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