Dec 13 (Reuters) – China’s Geely Automobile (0175.HK) on Tuesday said its upmarket electric car brand, Zeekr, had confidentially filed for a U.S. initial public offering on Dec. 7, in what would be the first major Chinese float in the United States in over 1-1/2 years. Reporting by Riya Sharma in Bengaluru;; Editing by Rashmi… Continue reading Untitled
Tag: Geely
STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER ACHIEVES ALL ITS MILESTONES FOR 2022 AND OUTLINES COMMERCIALIZATION FOCUS FOR 2023 AS THE ADOPTION OF EVs RAPIDLY ACCELERATES
StoreDot hits all 2022 targets and remains firmly on track for the mass production of extreme fast charging ‘100in5’ battery cells by 2024 VinFast, Ola Electric, Volvo Cars and Polestar all onboarded as strategic OEM partners and investors this year – with plans to extend the portfolio of partners even further in 2023 StoreDot started… Continue reading STOREDOT, THE EXTREME FAST CHARGING BATTERY PIONEER ACHIEVES ALL ITS MILESTONES FOR 2022 AND OUTLINES COMMERCIALIZATION FOCUS FOR 2023 AS THE ADOPTION OF EVs RAPIDLY ACCELERATES
New Vehicle Prices Hit Record High for Nov. 2022
Most automakers reported price increases last month. Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% over sticker price. Graphic: Cox Automotive New-vehicle inventory levels are improving, but prices remain elevated, according to data released Dec. 12 by Kelley Blue Book. The average transaction price (ATP)… Continue reading New Vehicle Prices Hit Record High for Nov. 2022
New evidence twist in Carlos Ghosn’s curious case – Asia Times
Four years ago this past weekend Nissan assembled global news media representatives at its headquarters in Yokohama to announce the arrests of two of its top executives, Carlos Ghosn and Greg Kelly. An industry legend for his role in saving the Japanese automaker from bankruptcy 19 years earlier, then building what came to be known… Continue reading New evidence twist in Carlos Ghosn’s curious case – Asia Times
India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president
India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president The drive to E20 compliance in the Indian automobile industry is on schedule. In line with the government’s thrust towards ethanol adoption in India, apex industry body Society of Indian Automobile Manufacturers (SIAM) organised a technology demonstration on ‘Ethanol Adoption – Flex Fuel Vehicles in… Continue reading India Auto Inc can roll out E20-compliant vehicles as per schedule: SIAM president
What’s next in Renault’s transformation plan?
The Renault Group took major steps to reorganise its business as part of the Renaulution plan unveiled in January 2021. First, Renault formed a joint venture with Chinese OEM Geely to make and distribute internal combustion engines (ICEs) and hybrid technology to brands owned by each OEM as well as outside customers. Pending final agreement,… Continue reading What’s next in Renault’s transformation plan?
Zeekr reportedly files for stock-market listing in US
Chinese EV maker Zeekr is said to have filed for an initial public offering (IPO) in the US. The IPO filing, first reported by Reuters, allegedly reveals the Geely-owned company is seeking to raise more than $1 billion (£814 million) in investment as part of plans to take the Zeekr brand global as a rival to Tesla. Zeekr is… Continue reading Zeekr reportedly files for stock-market listing in US
Geely electric car brand Zeekr a seeks over $1b in US IPO
Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct knowledge of the matter told Reuters. In what would be the first major Chinese float in the United States in more than a year and… Continue reading Geely electric car brand Zeekr a seeks over $1b in US IPO
Detroit Three trail competitors on emissions, fuel economy, EPA reports
Washington — The Detroit Three automakers again produced vehicles with the most emissions and the lowest fuel economy of any major manufacturers in model year 2021, according to new data from the U.S. Environmental Protection Agency. Stellantis NV came in last in a field of 14 automakers for both measures, General Motors Co. was second-to-last… Continue reading Detroit Three trail competitors on emissions, fuel economy, EPA reports
Renault Group CEO Luca de Meo to lead ACEA
Renault Group CEO Luca de Meo has been elected to lead Europe’s automotive industry lobby group, the ACEA. The ACEA (short for Association des Constructeurs Européens d’Automobiles) currently represents 16 major manufacturers in Europe, including the BMW Group, the Renault Group and the Volkswagen Group. The Italian succeeds BMW CEO Oliver Zipse, who has led the organisation for the… Continue reading Renault Group CEO Luca de Meo to lead ACEA