Geely and Renault to build cars in South Korea

Geely and Renault to build cars in South Korea Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Try full digital access… Continue reading Geely and Renault to build cars in South Korea

EVs are fast winning over the hesitant buyer

India has been quite forward looking on EVs. A comprehensive range of incentives and tax breaks are in place for the promotion of the use of EVs. Electric vehicles (EVs), after many years of scepticism, have finally arrived globally. In Europe, the sales of EVs overtook the sales of diesel vehicles in 2021 with a… Continue reading EVs are fast winning over the hesitant buyer

Renault inks pact with Geely Holding for HEVs in South-Korea

In a bid to increase penetration in Asian HEV market, Renault Group and China’s Geely Holding Group (Geely Group), have signed an agreement to launch a new collaboration dedicated to bringing fuel-efficient Hybrid Electric Vehicles (HEV) and Internal Combustion Engine (ICE) models in South Korea. The new vehicles will be produced at the Renault-Samsung facility in… Continue reading Renault inks pact with Geely Holding for HEVs in South-Korea

Matt Becker joins JLR as Mike Cross retires

One of Jaguar Land Rover’s most senior and longest-serving engineers, Mike Cross, has announced his retirement after 37 years at the company, while Aston Martin engineer Matt Becker joins the team. Cross, whose official title is vehicle targets and sign-off director, has been responsible for some of the company’s most pivotal models during his tenure.… Continue reading Matt Becker joins JLR as Mike Cross retires

Stellantis invest in Stimcar to support its development, strengthening circular economy initiatives – automobilsport.com – automobilsport.com

21.01.2022: – Stellantis takes a majority of Stimcar�s capital, via Stellantis &You, Sales and Services – Trust to founders, management autonomy and continuity of service   –    Stellantis takes a majority of Stimcar’s capital, via Stellantis &You, Sales and Services –    Trust to founders, management autonomy and continuity of service –    Stellantis &You, Sales and Services… Continue reading Stellantis invest in Stimcar to support its development, strengthening circular economy initiatives – automobilsport.com – automobilsport.com

Stellantis Completes Investment Round in Factorial, Further Accelerating Electrification Push – automobilsport.com – automobilsport.com

21.01.2022: Investment is part of Joint Development Agreement announced in November 2021, together with other investors Funding will help scale global commercialization of Factorial�s solid-state battery technology that is robust and offers greater driving r     Investment is part of Joint Development Agreement announced in November 2021, together with other investors     Funding will help… Continue reading Stellantis Completes Investment Round in Factorial, Further Accelerating Electrification Push – automobilsport.com – automobilsport.com