AB Volvo (publ) (VOLV-B.ST)
- Reuters
EV startup Rivian hires Volvo veteran Varela as operations chief
Volvo said earlier this week that Varela would leave the Swedish truck maker after an eight-year stint that saw him rise to the role of deputy CEO and COO in 2022. He will join Rivian in August, replacing Frank Klein who had been operations head since 2022 and is stepping down after helping with the ramp-up of the R1 SUVs and pickups. "Varela will be central to the company's growth and profitability," Rivian said.
- PR Newswire
New number of votes in AB Volvo
The number of votes in AB Volvo has changed due to the conversion of a total of 100 Series A shares to a total of 100 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.
- Associated Press Finance
5 cars from the Beijing auto show that reflect China's vision for the future of driving
China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. Organizers say that 117 new models are making their debut at Auto China 2024, which runs through May 4. Xiaomi announced that it had received more than 75,000 orders in the four weeks since the launch of its first car, the SU7, with a list price of 215,900 to 299,900 yuan ($29,800-$41,400).
