Geely – Page 213 – I wish I had more to offer

Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out… Continue reading Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood

Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the… Continue reading Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group’s Zeekr

NEW YORK, May 15, 2024 /PRNewswire/ — SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce an extended collaboration with Zeekr Intelligent Technology Holding Limited (“Zeekr”) (NYSE: ZK), a premium electric automobile brand under Zhejiang Geely Holding Group (“Geely Group”) (0175.HK). This… Continue reading SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group’s Zeekr

Autocar magazine 15 May: on sale now

This week in Autocar, we scoop Aston Martin’s upcoming rival to the Land Rover Defender, drive the greatest Mercedes G-Class there has ever been, and deliver our verdict on the new Aston Martin Vantage. News Aston Martin is targeting the Land Rover Defender and Mercedes G-Class with a luxurious new super 4×4 – we’ve got… Continue reading Autocar magazine 15 May: on sale now

Autocar magazine 15 May: on sale now

Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

Chinese smartphone maker Xiaomi has become the country’s eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data. Xiaomi‘s strong entry into China‘s crowded EV market is set to further upend the world’s largest auto market, where companies have been locked in a fierce price war amid weakening demand. Xiaomi is already a household name in China for its… Continue reading Xiaomi becomes 8th largest EV upstart in China after rolling out SU7 sedanThe firm sold more than 7,000 units of its first model in April.

First ride in 2025 Volvo EX90 as testing wraps up

The Volvo EX90 will go into production in the coming months, more than 18 months after it was first revealed, with the Swedish brand promising its new electric flagship SUV will set new standards for safety. The large SUV, which will sit alongside the combustion-engine XC90, was first shown back in November 2022. Manufacturing will… Continue reading First ride in 2025 Volvo EX90 as testing wraps up

Goodyear’s (GT) Shares Rise 4.3% Since Q1 Earnings Beat

Shares of Goodyear Tire GT have risen 4.3% since the company reported first-quarter 2024 results. It reported first-quarter 2024 adjusted earnings per share (EPS) of 10 cents, surpassing the Zacks Consensus Estimate of breakeven earnings. The company had incurred a loss of 29 cents in the year-ago quarter. The company generated net revenues of $4.53… Continue reading Goodyear’s (GT) Shares Rise 4.3% Since Q1 Earnings Beat

Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market

The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China. New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle. But the… Continue reading Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market