Tag: Lotus

10 Cheap Sports Cars That Make Terrible Daily Drivers – HotCars

New or used, any performance car is going to elicit the attention of gearheads. Speed is an addiction that almost never goes away, no matter how fast you’re going. It’s the very reason we crave exotics like the Pagani Zonda or a Koenigsegg. Unfortunately, these icons haven’t descended to the cheap classified section yet. However,… Continue reading 10 Cheap Sports Cars That Make Terrible Daily Drivers – HotCars

ECARX Bolsters Executive Leadership Team

Experienced Leaders will Accelerate ECARX’s Technology Development and Product Roll-Out, Strategic Acquisitions and Investments, and Global Expansion LONDON, Oct. 11, 2022 /PRNewswire/ — ECARX Holdings, Inc. (“ECARX”), a global mobility tech company, today announced the appointments of Ramesh Narasimhan as Chief Financial Officer, Peter Cirino as Chief Operating Officer and Andrew Winterton as General Counsel. Today’s news… Continue reading ECARX Bolsters Executive Leadership Team

Agility Ventures co-leads funding in Vanity Wagon and India deals worth $222m

Beauty marketplace Vanity Wagon has raised around $2 million in its pre-Series A funding round co-led by Agility Ventures Partners and Lotus Herbals Private Limited, it announced on Friday. The financing, which also saw participation from Inflection Point Ventures, Venture Catalysts and notable HNIs, has valued Vanity Wagon at $8 million, the startup said in… Continue reading Agility Ventures co-leads funding in Vanity Wagon and India deals worth $222m

@Geely: Wed 05 Oct 2022Lotus and Norwich City FC host business and community leaders at Carrow Road 1 | 2 | 1 Lotus has reaffirmed its partne…

Lotus and Norwich City FC host business and community leaders at Carrow Road [embedded content] LOTUS_NCFC_VISIT_FINAL2_16x9.mp4 Two famous businesses and brands help put Norfolk on the world map £100m invested by Lotus in its facilities in the region Lotus partnership with Canaries shows value of ‘Act Local, Achieve Global’   Hethel, UK – 06 October… Continue reading @Geely: Wed 05 Oct 2022Lotus and Norwich City FC host business and community leaders at Carrow Road 1 | 2 | 1 Lotus has reaffirmed its partne…

Geely acquires 7.6% stake in Aston Martin

In this photo illustration, new logo of “Aston Martin” is displayed on a mobile phone screen in front of a computer screen displaying “Aston Martin” in Ankara, Turkiye on August 4, 2022. [Photo/VCG] China’s largest private carmaker Zhejiang Geely Holding Group told China Daily on Friday that it has acquired a 7.6 percent stake in British… Continue reading Geely acquires 7.6% stake in Aston Martin

Geely buys 7.6% share in Aston Martin

Chinese car giant Geely has taken a 7.6 per cent share in Aston Martin Lagonda, helping to raise the £654 million the British firm said it needed earlier this year. Other shareholders in the shape of Mercedes-Benz, the Yew Tree Consortium and Saudi Arabia’s Public Investment Fund also contributed to the fund raising.  Geely already… Continue reading Geely buys 7.6% share in Aston Martin

China’s Geely takes 7.6% stake in Aston Martin

Business deals Chinese company becomes 5th largest shareholder in British luxury automaker Zhejiang Geely Holding Group’s CEO Daniel Li said he believes that with its well-established track record and technology offerings, Geely can contribute to Aston Martin’s future success. SHUNSUKE TABETA, Nikkei staff writerSeptember 30, 2022 18:57 JSTUpdated on September 30, 2022 19:59 JST | China… Continue reading China’s Geely takes 7.6% stake in Aston Martin

Analysis: Can Aston Martin work with new stakeholder Geely?

Geely takes a stake in Aston Martin, but not exactly how it planned to Previously rebuffed Geely is now an 8% stakeholder, but that doesn’t mean they will work together Having been publicly rebuffed on its offer to invest in Aston Martin back in July, Geely has gone round the back by hoovering up shares… Continue reading Analysis: Can Aston Martin work with new stakeholder Geely?

Chinese automaker Geely snaps up 7.6% stake in Aston Martin

Geely Holding Group acquired a 7.6% share of British luxury automaker Aston Martin Lagonda Global Holdings, helping cement the Chinese company’s stake in luxury and European brands. Geely will not get a board seat in the deal, but that hasn’t seemed to matter in its past dealings. Geely, which owns Lotus and its the largest… Continue reading Chinese automaker Geely snaps up 7.6% stake in Aston Martin