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...The act has put a potential US expansion “top of mind for us right now,” Volvo Cars CEO Jim Rowan told the FT....
...Toyota said some exports might be affected, while Volvo and JLR also use the port....
...Volvo Cars on Tuesday said it had halted production at its factory in Belgium after the shipping disruption delayed a delivery of gearboxes, while tyre manufacturer Michelin said Red Sea delays would lead...
...It does not break out how many cars were shipped internationally, and how many were sold in its home market. It said it had “started to see” sales increases in North America....
...as Mexico or Canada, and / or to come from materials recycled in North America....
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
...Cars and BMW in North America....
...Some carmakers relying on rerouted vessels for components have already felt the impact, with Tesla in Germany, Volvo Cars in Belgium and Suzuki in Hungary halting certain vehicle production lines....
...In suspending the company’s driverless cars from the roads, the regulator accused Cruise of having “misrepresented” details of the accident....
...It also accused the company of having “misrepresented” details of an accident earlier this month in which a pedestrian was dragged 20ft under one of its cars....
...Volvo Cars, which has a plant in South Carolina, earlier this month told staff it will raise wages, a measure the company said it had planned since the spring....
...“At the end of the day, governments are going to do what governments are going to do,” says Jim Rowan, chief executive of Volvo Cars. “We have got to run our own race.”...
...Lotus may opt for the same production plant as that of Geely-backed Volvo Cars’ in South Carolina....
...Driverless cars are being tested in a handful of other US cities and Alphabet’s Waymo has a commercial service in part of Phoenix and surrounding suburbs....
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...Volvo Cars is considering increasing its US production to take advantage of green incentives from US president Joe Biden’s Inflation Reduction Act....
...It is planning to open three more — one in co-operation with carmaker Volvo in Sweden, a second in northern Germany, and a third in North America, thanks to generous green subsidies from the Joe Biden administration...
...An increasing number of companies, including Ford, GM and Volvo, are also adopting Tesla’s charging connector design, which will enable other carmakers to gain access to part of its extensive charging network...
...There are reports of driverless cars blocking lanes, for example. One Cruise car got in the way of firefighters. But there has been no particular pushback from residents....
...But if the dream of driverless cars has been deferred, it has not really been revised....
...From east Asia to Europe and North America, companies along the battery supply chain are investing billions of dollars in recycling capabilities as they confront projected shortages of the raw materials...
...north-east....
...VinFast’s sales remain much lower than those of its competitors. It expects to sell 50,000 cars this year and says it has production capacity of 300,000 electric vehicles a year....
...Specialist charging companies such as Chargepoint, EVgo Services and Electrify America have been competing to serve cars made by a variety of manufacturers....
...VW earlier this month accelerated plans for a plant in North America ahead of one in eastern Europe....
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