Volvo Cars CEO Jim Rowan struck an optimistic tone on the company's EV future as it reported earnings, but shares fell.
Solid-state batteries have been mooted as having a potentially transformative effect on electric vehicles. Speaking to CNBC's Squawk Box Europe on Thursday morning, Jim Rowan said electric motors were seeing"massive improvements." While it had originally envisaged using the batteries in hybrid electric vehicles, Toyota said its"primary focus" was now centered around using them in next-generation battery electric vehicles.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volvo Cars CEO strikes cautious tone on solid-state battery technologyThe CEO of Volvo Cars is bullish about the long-term potential of electric motors, but appears more cautious on solid-state battery technology.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Volvo EX30 To Be Made In Europe From 2025 After 'Strong Demand'Volvo Cars announced today that the all-new, all-electric Volvo EX30 model will be produced at its Ghent plant in Belgium from 2025 on.
Source: InsideEVs - 🏆 579. / 51 Read more »
Volvo EX30 To Be Made In Europe From 2025 After 'Strong Demand'Volvo Cars announced today that the all-new, all-electric Volvo EX30 model will be produced at its Ghent plant in Belgium from 2025 on.
Source: InsideEVs - 🏆 579. / 51 Read more »
Volvo’s Zeekr-Based EM90 MPV Will Be A Safe “Living Room On The Move”The all-electric Volvo EM90 will initially launch in China before being introduced to other important markets
Source: Carscoop - 🏆 306. / 63 Read more »