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Volvo, Daimler, Traton invest $593 million to build electric truck charging network

Volvo Group, Daimler Truck and Volkswagon’s AG heavy-truck business the Traton Group announced on Monday a non-binding agreement to build a network of high-performance public charging stations f

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Volvo, Daimler, Traton invest $593 million to build electric truck charging network

Volvo Group, Daimler Truck and Volkswagon’s AG heavy-truck business the Traton Group announced on Monday a non-binding agreement to build a network of high-performance public charging stations f

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Lidar company Quanergy to go public via $1.4B SPAC deal

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm a

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Explainer: Switching to electric cars

02:50 From ditching diesel and making batteries to converting infrastructure, turning off the internal combustion engine ignition and switching to electric will transform the car indus

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Electric cars: Charging ahead – The Agenda with Stephen Cole

29:40 It's goodbye fuel stations and hello charging points – the electric car revolution is happening… and fast. Governments are announcing bans on petrol and diesel vehicles in cities

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Intranet startup Staffbase raises $145M in growth round led by General Atlantic

Staffbase, which provides an intranet-style internal communications platform for companies, has raised a $145 million (€122 million) financing round led by General Atlantic, a growth equity firm. Exis

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Volvo to sell only all-electric vehicles by 2030

Volvo Cars said it will only make and sell all-electric vehicles by 2030, as part of a broader transformation of the automaker that will include shifting sales online.“The key to sustainability

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Ford vehicles will be powered by Google’s Android operating system

Millions of Ford and Lincoln-branded vehicles will be powered by Android operating system beginning in 2023 as part of a six-year partnership announced Monday that will bring embedded Google apps and

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Eco-conscious car subscription platform Finn.auto raises $24.2M, with White Star and Zalando founders

finn.auto — which allows people to subscribe to their car instead of owning it, and offsetting their CO2 emissions — has raised a $24.2M / €20M Series A funding round. White Star Capital (which has al

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Equipment makers are witnessing a rise in sales of heavy machinery

02:58 Bauma China, the International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment, is ongoing in Shanghai, which attracts exca

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Panasonic explores a European battery deal with Norway’s largest energy and industrial companies

Panasonic, one of the world’s largest manufacturers of lithium ion batteries, has signed a preliminary agreement with the Nordic energy company, Equinor, and engineering and industrial company,

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Daimler to revamp China plant to make Actros trucks as sales surge

Germany's Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros heavy trucks for the fir

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Polestar recalls its newest EV for the second time this month

Polestar, the electric vehicle brand that was spun out of Volvo Car Group, has issued another recall for its newest electric vehicle.The company is voluntarily recalling nearly 4,600 vehicles over wh

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83 percent Chinese exports to EU are "green": German study

Chinese-made Volvo XC60 vehicles exported to Europe via China Railway Express (Chang'an) are seen at the Port of Ghent in Belgium on July 4, 2019. /Xinhua Around 56 percent of exports from the

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China's Geely Automobile first-half profit drops 43%

China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43 percent, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market.Geely, China's h

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Android Auto gets Google Calendar integration

Google today announced a number of updates to Android Auto (which runs on the user’s phone) and Android Automotive (which car manufacturers can natively build into their cars) that will affect

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ChargePoint raises $127M as electric vehicle adoption grows among fleet operators

Electric vehicle charging network ChargePoint raised $127 million in funding in a bid to expand its platform for businesses and fleets in North America and Europe.A mix of existing investors from the