Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce. Last month, Volvo Cars, which is owned by Chinese group Geely Holding, announced an 18 billion Swedish…
Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last…
Hundreds of cars were left with flat tyres after a truck travelling along one of Australia’s busiest highways spilled 750kg (1,653lb) of sharp metal shards on the road. The truck travelled for 30km (18 miles) before the scrap metal spillage was detected, authorities said. The incident forced city-bound lanes to close for hours on Friday,…
A Xiaomi store in Shanghai, China, on March 16, 2025. Qilai Shen/Bloomberg | Bloomberg | Getty Images Chinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their fellow startup competitors. It’s a sign of how some automakers are pulling ahead, while BYD remains the…
Volkswagen ID.7 electric cars are seen at the Volkswagen (VW) electric fleet lead plant in Emden, Germany, Feb. 18, 2025. Carmen Jaspersen | Reuters Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S. President Donald Trump’s newly rolled out 25% tariffs, while BMW says it will…
The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025. CFOTO/Future Publishing via Getty Images Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. Xpeng delivered 30,453 cars last month, including…
Tesla CEO Elon Musk postponed a scheduled trip to India this week where he was to meet Prime Minister Narendra Modi, citing “heavy Tesla obligations.” Anadolu | Anadolu | Getty Images India has been striving to become a global manufacturing hub, having successfully invited major companies such as Apple to set up as well as…
Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024 amid an…
Watch: LA reporter battles heavy winds and flying ash during broadcast Screaming Los Angeles residents left their cars behind to flee a fast-moving wildfire as it closed in on a picturesque celebrity enclave, eyewitnesses said, describing scenes straight out of a Hollywood disaster movie. A windstorm whipped a seemingly typical brush fire into a raging…
You can see that it’s limited by the materials in the tires and track (captured by the frictional coefficent) and the gravitational field (so, what planet you’re on). Notice that the mass has canceled out. It doesn’t matter if you have a more massive vehicle. Yes, you get more friction, but it’s also harder to…
