Packed with desirable technology, infotainment and comfort features, UK cars will cost £75,995 Supercharged 3.5-litre 400hp V6 with six-speed manual transmission as standard, optional six-speed auto with paddleshift Four option packs included in the spec, plus unique First Edition badging Choice of six vibrant exterior colours, with more to follow next year Updated Emira V6… Continue reading @Geely: Mon 20 Sep 2021Lotus confirms full specification and price of all-new Emira V6 First EditionLotus has confirmed the price and full specification of th…
Tag: Geely
CATL plans sodium-ion battery production line
Contemporary Amperex Technology Co Ltd’s booth is seen during a high-tech expo in Shanghai in June. [Photo provided to China Daily] Chinese battery giant Contemporary Amperex Technology Co Ltd will put a sodium-ion battery line into production next year, a top executive disclosed on Thursday. Meng Xiangfeng, assistant to the chairman of CATL, said in… Continue reading CATL plans sodium-ion battery production line
Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…
A Pure Electric sign is seen above a Volvo vehicle displayed during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo STOCKHOLM, Sept 15 (Reuters) – China’s Geely Holding (GEELY.UL) is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three… Continue reading Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…
Volvo Capital Market Day re-scheduled to spring 2022
GOTHENBURG, Sweden, Sept. 14, 2021 /PRNewswire/ — The previously announced Volvo Group Capital Market Day set to take place on November 11, 2021 will be re-scheduled to spring 2022. The new date of the Capital Market Day will be announced well in advance along with information regarding whether attendance at the event will be virtual… Continue reading Volvo Capital Market Day re-scheduled to spring 2022
Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
Self-driving technology developer DeepRoute.ai announced on Tuesday the completion of a Series B funding round at over $300 million, as the startup continues its commitment to advancing urban logistics and popularising robotaxis. The oversubscribed round was led by Chinese e-commerce giant Alibaba Group, with participation from Asia-based growth capital investor Jeneration Capital and a fund… Continue reading Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
@Geely: Kandi Technologies Reports Second Quarter 2021 Financial Results
–Revenue of approx. $30 million, +54% y/y––Net Income of approx. $41 million ($0.54 per fully diluted share), +900% y/y––Working Capital of approx. $300 million, cash1 totaled $202.4 million — JINHUA, CHINA, Aug. 09, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced financial results for the… Continue reading @Geely: Kandi Technologies Reports Second Quarter 2021 Financial Results
@Geely: Kandi Receives Final Payment from Fengsheng Sale
JINHUA, CHINA, Sept. 13, 2021 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it received the final payment from the sale of its 22% equity in Fengsheng Automotive Technologies Group Co., Ltd. back to Geely. According to the Equity Transfer Agreement, Kandi sold back its… Continue reading @Geely: Kandi Receives Final Payment from Fengsheng Sale
@Ford: Ford Pro Builds Accomplished Leadership Team Focused on Success of Commercial and Government Customers
Separate within Ford and unique among automakers, Ford Pro is a major result of the Ford+ plan for growth and value creation based on enduring, always-on relationships for customers Led by Ford Pro CEO Ted Cannis, the global leadership team represents a broad range of backgrounds and capabilities from inside and outside of Ford and… Continue reading @Ford: Ford Pro Builds Accomplished Leadership Team Focused on Success of Commercial and Government Customers
Autos & TransportationRenault in talks to end Chinese van venture with Brilliance – source7:31 AM UTC
The logo of carmaker Renault is seen at a dealership in Paris, France, August 15, 2021. REUTERS/Sarah Meyssonnier BEIJING/PARIS, Sept 9 (Reuters) – Renault (RENA.PA) is in advanced discussions to end its joint venture to build vans with China’s state-backed Brilliance (1114.HK), a source close to the matter said, as the French firm overhauls its… Continue reading Autos & TransportationRenault in talks to end Chinese van venture with Brilliance – source7:31 AM UTC
Chinese EV push into Europe sparks price competition
MUNICH — European automakers have begun to announce the rollout of affordable electric vehicles to counter the rise of Chinese competitors in their backyard. Volkswagen unveiled a compact EV, the ID Life, at the International Motor Show, which opened Tuesday and runs through Sunday in Munich. The model is due to go on sale in 2025… Continue reading Chinese EV push into Europe sparks price competition