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Enterprenuers

Volvo says shift to electric cars is the reason behind its $2.9 billion IPO

A Volvo C40 Recharge photographed in Stockholm, Sweden, on March 2, 2021. CLAUDIO BRESCIANI | AFP | Getty Images The…

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Enterprenuers

China’s EV sector is poised for ‘inevitable’ consolidation, says Bain consultant

The electric vehicle sector is seeing its “most exciting moment” now — and consolidation in the sector cannot be avoided,…

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Enterprenuers

Car giants fear the ongoing global chip shortage could persist for some time

Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021.…

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Enterprenuers

An auto rental shortage sparked a boom in peer-to-peer car-sharing. Entrepreneurs are hopping on the trend

Logo for Getaround peer-to-peer car sharing service on the side of a car in the Silicon Valley town of Mountain…

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Enterprenuers

Nissan to make half a million fewer cars in 2021 due to chip shortage

The Nissan Versa Note is introduced at the 2013 North American International Auto Show in Detroit, Michigan. Stan Honda |…

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Enterprenuers

Jaguar Land Rover, Daimler production scaled back due to global chip shortage

2020 Land Rover Defender Source: Land Rover LONDON – The global chip shortage is continuing to wreak havoc at some…

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