- Reuters
Report: Volvo shifting EV production to Belgium to avoid China tariffs
(Reuters) -Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders. However, the report added that shifting production of Volvo's EX30 and EX90 models from China to Belgium is expected to negate the need for the company to do so and that the company insisted suspending sales of EVs made in China was no longer being considered.
- Zacks
Westport (WPRT) & Volvo Launch JV to Boost HPDI Adoption
Westport (WPRT) and Volvo launch JV to expedite the commercialization and global adoption of WPRT's HPDI fuel system technology.
- InvestorPlace
Penny Stocks That Insiders Are Loading Up On: 3 Names to Watch Closely
Penny stocks are risky. That’s why we attach a warning to the tail-end of penny stock articles. It’s also why the SEC warns of their dangers. “Penny stocks may trade infrequently — which means that it may be difficult to sell penny stock shares once you have them. Because it may also be difficult to find quotations for penny stocks, they may be impossible to accurately price. Investors in penny stock should be prepared for the possibility that they may lose their whole investment.” In short, pay
