Tag: Geely

Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says – Automotive News Europe

BERLIN — Mercedes-Benz CEO Ola Kallenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority in the automaker. BAIC Group is the largest individual shareholder in Mercedes with 9.98 percent of voting rights. Geely Chairman Eric Li holds an equity interest of 9.69 percent, and the… Continue reading Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says – Automotive News Europe

Daimler Truck, Traton and Volvo kick off European charging infrastructure JV

L-R: Martin Daum, CEO Daimler Truck; Christian Levin, CEO, Traton Group and Martin Lundstedt, President and CEO Volvo Group. Daimler Truck, the Traton Group and the Volvo Group have completed the final step in forming the previously announced joint venture for charging infrastructure in Europe. The new joint venture, with Anja van Niersen as appointed… Continue reading Daimler Truck, Traton and Volvo kick off European charging infrastructure JV

NaaS Technology Partners with Green Intelligent Link to Provide One-Stop Charging Services for Commercial EVs

BEIJING, July 8, 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS”, the “Company”), one of the largest and fastest-growing electric vehicle charging service providers in China, announced that it has entered into a strategic partnership with smart connected car platform provider, Zhejiang Green Intelligent Link Co., Ltd. (“Green Intelligent Link”). Under the terms of… Continue reading NaaS Technology Partners with Green Intelligent Link to Provide One-Stop Charging Services for Commercial EVs

The Volvo Group, Daimler Truck and the TRATON GROUP kick off European charging infrastructure joint venture

GOTHENBURG, Sweden, MUNICH and STUTTGART, Germany, July 8, 2022 /PRNewswire/ — Today, the Volvo Group, Daimler Truck, and the TRATON GROUP completed the final step in forming the previously announced joint venture for charging infrastructure in Europe. The new joint venture, with Anja van Niersen as appointed CEO, is expected to have a significant role… Continue reading The Volvo Group, Daimler Truck and the TRATON GROUP kick off European charging infrastructure joint venture

Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt – Euronews

BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with German daily Handelsblatt on Wednesday. “That is not the case. We have very good and strong relations with our investors,” Kaellenius told the daily. The two shareholders,… Continue reading Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt – Euronews

@Geely: Geely Automobile Holdings Limited TOTAL SALES VOLUME FOR JUNE 2022 WAS 126,595 UNITS, UP 26% YOY

(HONG KONG, 7 July 2022) ──Geely Automobile Holdings Limited (‘Geely Automobile’/the ‘Group’)(Stock code: 175) announce that the total sales volume of the Group during the month of June 2022 was 126,595 units, an increase of approximately 26% from the same period last year and up approximately 42% from May 2022. Details are as follows: Save as… Continue reading @Geely: Geely Automobile Holdings Limited TOTAL SALES VOLUME FOR JUNE 2022 WAS 126,595 UNITS, UP 26% YOY

Payne: Plug-in faceoff, Volvo XC90 Recharge vs. Jeep Grand Cherokee 4xe

This content is only available to subscribers. Get unlimited digital access $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: Plug-in faceoff, Volvo XC90 Recharge vs. Jeep Grand Cherokee 4xe

Can Polestar succeed where other EV maker SPACs have failed?

The market has cooled on SPACs, but Polestar has the network and know-how Jaclyn Trop 9 hours Polestar, the EV subbrand from Volvo and Geely that launched last week on the Nasdaq at a $20 billion valuation, didn’t earn its $PSNY ticker by taking the traditional route toward an IPO. With the ringing of the… Continue reading Can Polestar succeed where other EV maker SPACs have failed?

Electrify Expo, North America’s Largest Electric Vehicle Festival Charges into Seattle with World’s Leading Electric Vehicle Brands July 23 and 24

Located above Union Bay on Lake Washington, the expo will take over one million square feet of the “E Lot” near Husky Stadium. Consumers can meet with the world’s leading e-mobility brands, and learn about the latest EVs ready for demo, charging solutions, and the advantages of micromobility as part of Seattle city life. Electric… Continue reading Electrify Expo, North America’s Largest Electric Vehicle Festival Charges into Seattle with World’s Leading Electric Vehicle Brands July 23 and 24