Tag: Geely

Lutz Stiegler to Join Polestar as CTO from Dec 1, 2023

Prior to his tenure at Volvo Cars, he served as Vice President of Powertrain Development at IAV GmbH. Polestar has announced the appointment of Lutz Stiegler as Chief Technology Officer (CTO) and member of the Management Team, effective December 1, 2023. He will succeed Jörg Brandscheid, who will be leaving Polestar in the fourth quarter… Continue reading Lutz Stiegler to Join Polestar as CTO from Dec 1, 2023

Lawrence Stroll-led Yew Tree boosts Aston Martin stake to 26.23%

Yew Tree has increased its shareholding in Aston Martin to more than a quarter, defying a promise made to Geely and driving speculation of an imminent tie-up with another car maker. The consortium, led by billionaire chairman Lawrence Stroll, said last Friday that it was purchasing an additional 3.27% stake in Aston Martin, taking its shareholding to 26.23%.… Continue reading Lawrence Stroll-led Yew Tree boosts Aston Martin stake to 26.23%

Tesla Sales Drop Brings BYD Closest Ever to Global EV Crown

(Bloomberg) — BYD Co. is poised to overtake Tesla Inc. as the world’s biggest seller of electric vehicles as the Chinese automaker’s global sales push gains greater traction. Most Read from Bloomberg China’s best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker’s first delivery… Continue reading Tesla Sales Drop Brings BYD Closest Ever to Global EV Crown

Analysis: Detroit’s strikes become an industrial ‘Survivor’ game

DETROIT, Oct 3 (Reuters) – The United Auto Workers head into the 19th day of strikes with a bold strategy that places the Detroit Three automakers into a high-stakes game of “Survivor” with a weekly decision on which factories the strike will hit next, with layoffs mounting, suppliers hurting and harsh rhetoric from both sides.… Continue reading Analysis: Detroit’s strikes become an industrial ‘Survivor’ game

Experts probe role of ‘annoying’ ADAS technology

Vehicles used are a combination of those supplied by manufacturers and fitted with advanced systems and privately owned and instrumented cars including Teslas, Range Rover Evoques, Volvo S90s and Ford Mustang Mach-Es, all driven by participants drawn from the public. Members of the consortium include car makers and tech firms. Thatcham Research, the UK insurance… Continue reading Experts probe role of ‘annoying’ ADAS technology

Automotive Digital Key Market size to grow by USD 777.22 million from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Apple Inc., Bayerische Motoren Werke AG., Continental AG, and many more

NEW YORK, Oct. 3, 2023 /PRNewswire/ — The Automotive Digital Key Market size is projected to increase by USD 777.22 million, accelerating at a CAGR of over 6.76%, during the forecast period. The automotive digital key market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive digital… Continue reading Automotive Digital Key Market size to grow by USD 777.22 million from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Apple Inc., Bayerische Motoren Werke AG., Continental AG, and many more

Lynk & Co Will Come to the Geneva International Motor Show Qatar

DOHA, Qatar, Sept. 27, 2023 /PRNewswire/ — Lynk & Co, the global automotive brand redefining the concept of “new premium,” has announced its plan for the Geneva International Motor Show Qatar. The brand will exhibit its innovative lineup of vehicles from October 5th to October 14th at the Doha Exhibition and Convention Center (DECC). It will… Continue reading Lynk & Co Will Come to the Geneva International Motor Show Qatar