ANKER ELEKTRA LLC’s Post

AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q4 & FULL YEAR 2023 RESULTS: GROWTH IN UNIT SALES & SALES REVENUE, DECLINE IN PROFITABILITY. - 2/2: RESULTS PRESENTATION. Q4 2023 Unit Deliveries: 199,600 vehicles or +7% vs Q4 2022 Full Year 2023 Unit Deliveries: 708,700 vehicles or +15% vs Full Year 2022 Q4 2023 Sales Revenue: SEK 109.4B (approximately $15.52B) or +4% vs Q4 2022 Full Year 2023 Sales Revenue: SEK 399.3B (approximately $38.4B) or +21% vs Full Year 2022 Q4 2023 Net Profit: SEK 3.3B (approximately $317M) or +17% vs Q4 2022 Full Year 2023 Net Profit: SEK 14.1B (approximately $1.36B) or -17% vs Full Year 2022 $1 = SEK 10.40 Volvo Cars' 2023 Results Presentation below includes many updates on their electrification roadmaps as well as an economic evaluation of Volvo Cars' EV business. #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization ##2023results #q42023results #outlook #2024outlook #volvo #volvocars #geely #polestar

AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q2 & H1 2024 RESULTS: GROWTH IN UNIT SALES, SLIGHT DECLINE IN REVENUE, STRONG IMPROVEMENT IN PROFITABILITY. Q2 Unit Sales: 205.4k vehicles or +15% vs Q2 2023 H1 2024 Unit Sales: 388.1k vehicles or +14% vs H1 2023 Q2 2024 Sales Revenue: SEK 101.5B (approximately $9.63B) or -1% vs Q2 2023 H1 2024 Sales Revenue SEK 195.3B (approximately $18.5B) or -1% vs H1 2024 Q2 2024 Net Profit SEK 5.7B (approximately $540.4M) or +60% vs Q2 2023 H1 2024 Net Profit SEK 9.2B (approximately $872.3M) or +23% vs H1 2023 Conversion Rate: $1 = SEK 10.547 Below is Volvo Cars' Q2 & H1 2024 results presentation with more detailed analysis and updates, including on their electrification strategy & its deployment. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #Q22024 #Q22024results #outlook #2024outlook #volvocars #geely #polestar

AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q2 & H1 2024 RESULTS: GROWTH IN UNIT SALES, SLIGHT DECLINE IN REVENUE, STRONG IMPROVEMENT IN PROFITABILITY. Q2 Unit Sales: 205.4k vehicles or +15% vs Q2 2023 H1 2024 Unit Sales: 388.1k vehicles or +14% vs H1 2023 Q2 2024 Sales Revenue: SEK 101.5B (approximately $9.63B) or -1% vs Q2 2023 H1 2024 Sales Revenue SEK 195.3B (approximately $18.5B) or -1% vs H1 2024 Q2 2024 Net Profit SEK 5.7B (approximately $540.4M) or +60% vs Q2 2023 H1 2024 Net Profit SEK 9.2B (approximately $872.3M) or +23% vs H1 2023 Conversion Rate: $1 = SEK 10.547 Below is Volvo Cars' Q2 & H1 2024 results presentation with more detailed analysis and updates, including on their electrification strategy & its deployment. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #Q22024 #Q22024results #outlook #2024outlook #volvocars #geely #polestar

AUTOMOTIVE INDUSTRY: GLOBAL OEM VOLKSWAGEN AG HAS RELEASED 2023 RESULTS - GROWTH IN UNIT DELIVERIES & SALES REVENUE; EUR 17.928B NET PROFIT. 2023 Unit Deliveries: 9.240M vehicles or +11.8% vs 2022 2023 Sales Revenue: EUR 322.284B or +15.5% vs 2022 2023 Net Profit: EUR 17.928B, or +13.1% vs 2022 Below is Volkswagen Group's complete 2023 results presentation with more detailed analysis and updates for each of their numerous brands. Looks like VW's growth in 2023 was stronger outside China and driven by their commercial vehicle activities. #automotive #automotiveengineering #automotivetechnology #automotiveindustry #vehiclesales #carsales #autosales #newcarsales #vehiclesales #vehicleregistrations #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #2023results #outlook #2024outlook #porsche #volkswagen #vw #vwgroup #traton #audi #seat #skoda #volkswagenag

AUTOMOTIVE INDUSTRY: GLOBAL OEM VOLKSWAGEN AG HAS RELEASED 2023 RESULTS - GROWTH IN UNIT DELIVERIES & SALES REVENUE; EUR 17.928B NET PROFIT. 2023 Unit Deliveries: 9.240M vehicles or +11.8% vs 2022 2023 Sales Revenue: EUR 322.284B or +15.5% vs 2022 2023 Net Profit: EUR 17.928B, or +13.1% vs 2022 Below is Volkswagen Group's complete 2023 results presentation with more detailed analysis and updates for each of their numerous brands. Looks like VW's growth in 2023 was stronger outside China and driven by their commercial vehicle activities. #automotive #automotiveengineering #automotivetechnology #automotiveindustry #vehiclesales #carsales #autosales #newcarsales #vehiclesales #vehicleregistrations #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #2023results #outlook #2024outlook #porsche #volkswagen #vw #vwgroup #traton #audi #seat #skoda #volkswagenag

Volkswagen Group Posts Solid Growth in Deliveries in 2023 and Strong Increase in All-Electric Vehicles The Volkswagen Group increased its deliveries in 2023 by 12 percent to 9.24 million vehicles. All regions contributed to this growth, with Europe (+19.7 percent) and North America (+17.9 percent) being the main drivers. China, the Group’s largest single market, grew by 1.6 percent despite a challenging market environment. The Volkswagen Group expanded its market share in Europe as well as North and South America and thus also increased slightly worldwide. Almost all brands recorded growth, in some cases substantial. SEAT/CUPRA achieved the highest increase in the passenger car segment with a rise of 34.6 percent, while MAN led the […] - https://lnkd.in/dgadgYbi #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #bev #electricvehicles #globaldeliveries #globalnews #sales #volkswagengroup

Volkswagen Group Maintains Steady Global Deliveries in First Half of 2024 Volkswagen Group has reported stable delivery figures for the first half of 2024, matching the previous year’s performance despite a challenging market environment. The company delivered a total of 4.35 million vehicles worldwide, just slightly below the 4.37 million vehicles delivered in the same period in 2023. The group’s performance was buoyed by significant growth in North America, where deliveries increased by 8%, and in South America, which saw a 15% rise. Western Europe also contributed positively with a 2% increase in deliveries. However, these gains were almost offset by declines in other regions, particularly in China, where deliveries fell […] - https://lnkd.in/dNTkt7HN #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #electricvehicles #europe #germany #sustainablegrowth #volkswagen

AUTOMOTIVE INDUSTRY: SWEDISH OEM VOLVO CARS HAS RELEASED Q4 & FULL YEAR 2023 RESULTS: GROWTH IN UNIT SALES & SALES REVENUE, DECLINE IN PROFITABILITY. - 1/2: ANNUAL REPORT. Q4 2023 Unit Deliveries: 199,600 vehicles or +7% vs Q4 2022 Full Year 2023 Unit Deliveries: 708,700 vehicles or +15% vs Full Year 2022 Q4 2023 Sales Revenue: SEK 109.4B (approximately $15.52B) or +4% vs Q4 2022 Full Year 2023 Sales Revenue: SEK 399.3B (approximately $38.4B) or +21% vs Full Year 2022 Q4 2023 Net Profit: SEK 3.3B (approximately $317M) or +17% vs Q4 2022 Full Year 2023 Net Profit: SEK 14.1B (approximately $1.36B) or -17% vs Full Year 2022 $1 = SEK 10.40 Below is Volvo Cars' 2023 Annual Report with more detailed analysis - it also lists all JVs including Polestar. #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization ##2023results #q42023results #outlook #2024outlook #volvo #volvocars #geely #polestar

This should serve as a reminder that racing towards full-fledged electric mobility may not be the solution. Leave developing markets like India, apparently developed markets of Europe aren't ready to ditch internal combustion engines by end of this decade. This recent development from Mercedes-Benz AG testifies that combustion engines aren't going anywhere, no matter what futurists or environmentalists predict. Mercedes-Benz India Pvt. Ltd. Financial Express (India) Express Mobility #electricvehicles #EVs #electriccars #electricmobility #ICE #combustionengines https://lnkd.in/gDUJMcPg

AUTOMOTIVE INDUSTRY: GLOBAL OEM VOLKSWAGEN AG HAS RELEASED H1 2024 RESULTS: DECLINE IN VEHICLE DELIVERIES, GROWTH IN SALES REVENUE, STRONG DECLINE IN PROFITABILITY. - 2/2: RESULTS PRESENTATION. H1 2024 Unit Deliveries: 4,347,965 vehicles or -0.6% vs H1 2023 H1 2024 Sales Revenue: EUR 158.8B or +1.6% vs H1 2023 H1 2024 Net Profit: EUR 7.341B or -13.9% vs H1 2023 Below is Volkswagen Group's H1 results presentation. We learn that EV sales have declined by -1% in H1 YOY. #vehiclesales #vehicleregistrations #trucksales #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #commercialvehicle #commercialvehicles #van #vans #stepvan #deliveryvan #electricvan #lastmile #lastmiledelivery #lastmilelogistics #fleet #fleets #roadtransportation #freighttransportation #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #H12024 #H12024results #outlook #2024outlook #vwgroup #volkswagen #traton #audi #bentley #seat #skoda #rivian #cariad