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Lotus could be sold to Chinese automaker Geely
Mon, Feb 20 2017Two things are constant throughout the history of Lotus Cars: amazing vehicles, and financial struggles. Frequent changes in both ownership and leadership have left the company's future up in the air. And while the new management has improved quality and set a new product plan in place, its seems that Lotus could have a new parent company soon. Despite comments to the contrary, Chinese automaker Geely is rumored to be interested in acquiring Lotus Cars. The British automaker has been owned by Proton since 1996, but after Proton was sold to DRB-Hicom in 2012 investors suggested selling off Lotus. The Star Online reports that PSA in France is rumored to be looking at purchasing Proton cars from DRB-Hicom. In turn, Geely, the parent company of Volvo, is interested in purchasing Lotus from Proton. The report states that Geely has no interest in mass-market vehicles from Proton, while crossover-focus PSA, owner of Peugeot and Citroen, has no interest in a sports car manufacturer like Lotus. China has been encouraging its native automakers to purchase and acquire technology it lacks. Buying Lotus looks like it would benefit both companies. Lotus needs an influx of cash while Geely, looking to compete further on the global stage, would gain a great deal of technical and engineering knowledge from Lotus. Geely's stewardship of Volvo has been mostly hands-off, while giving the Swedish company enough money to invest in new platforms and technologies. If the same were to happen to Lotus, Colin Chapman's company could have its best years ahead of it. Related Video: News Source: The Star Online via Car BuzzImage Credit: Getty Rumormill Lotus Volvo Citroen Peugeot Lightweight Vehicles Performance Supercars Geely
Volvo will start testing wireless charging with XC40 taxis
Thu, Mar 3 2022Volvo announced it will start testing wireless charging systems with its Volvo XC40 Recharge electric SUVs. It's doing so by creating a small fleet of XC40 Recharge taxis for Cabonline, the largest cab operation in the Nordic nations. The testing in Volvo's hometown of Gothenburg, Sweden, will last for three years, and Volvo notes that the driving conditions will involve 12 hours a day of driving with cars racking up 100,000 kilometers (about 62,000 miles) per year. The charging stations come from American company Momentum Dynamics. They're embedded into the pavement of the Volvos' parking spaces and begin charging automatically when parked correctly (which is aided by the on-board surround-view camera). The charging speed is 40-kW, which is close to the maximum charging speed of many electric cars' on-board chargers when connected to a DC station. Interestingly, Momentum Dynamics lists systems capable of charging speeds as high as 450 kW on its website. Volvo did not make any announcements regarding future availability of wireless charging. We would imagine the results of this testing will affect whether the company intends to make it a factory offering. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Volvo's Geneva-bound concept wagon looks sexy in a raincoat
Fri, 21 Feb 2014Volvo is set to complete its concept car trilogy at the next month's Geneva Motor Show with the debut of its Concept Estate, the followup to its Concept Coupe from the Frankfurt Motor Show and Concept XC Coupe from the Detroit Auto Show. We've been looking forward to its Swiss debut, and now some teaser images of the Concept Estate have been uncovered... on the website of a raincoat seller?
Yes, Swedish raincoat maker Stutterheim has apparently been commissioned by Volvo to build a high-quality car cover for its Geneva concept, and the fabricator's website shows off some of the details of the long-roofed design study. From what we can see, it looks like the Concept Estate is more shooting brake than traditional wagon. Also, it's brown. So basically, Volvo has built the ultimate car for auto journalists.
Joking aside, the images show off more than a few of the design traits we've seen on Volvo's two previous concept cars. A wide, rectangular grille and lowercase-B-shaped taillights are both noticeable in these teasers, but we can't see much more than that.