BMW becomes the latest automaker to shut down its subscription service

BMW is suspending its two-year-old car subscription service, The Verge has learned. Access by BMW was launched in 2018 in Nashville as a pilot project to test out whether customers would want to have access to a fleet of fancy cars but not necessarily own one. But recent requests to sign up have been met… Continue reading BMW becomes the latest automaker to shut down its subscription service

Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers, the companies said in a statement. It marks the latest move by… Continue reading Apple supplier Foxconn inks partnership with Geely for contract manufacturing of cars

Foxconn, Geely team up to build electric, autonomous and shared vehicles for automakers

The electric, autonomous vehicles of the future might be manufactured by Apple’s main supplier Foxconn and Chinese automaker Zhejiang Geely Holding Group. The two companies have agreed to form a joint venture focused on contract manufacturing for automakers, with a specific focus on electrification, connectivity and autonomous driving technology as well as vehicles designed for… Continue reading Foxconn, Geely team up to build electric, autonomous and shared vehicles for automakers

Geely and Foxconn to form auto partnership: Sources

Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group will form a partnership to provide contract manufacturing and consultancy services to automakers and mobility companies, three sources said on Wednesday. The two companies will set up a joint venture which will form the basis of a strategic partnership for the auto industry, said one source… Continue reading Geely and Foxconn to form auto partnership: Sources

Geely and electronics giant Foxconn ink JV to provide customised consulting to OEMs

Zhejiang Geely Holding Group (Geely Holding) and Foxconn Technology Group (Foxconn) have signed a strategic cooperative agreement that will establish a joint venture company to provide OEM production and comprehensive customised consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms nd electric vehicle industry value chain to global automotive enterprises. The… Continue reading Geely and electronics giant Foxconn ink JV to provide customised consulting to OEMs

Apple Car expected to shake up auto industry in Asia and world

BEIJING — Global information technology leader Apple is highly likely to break into the automobile sector. The American company is reportedly planning to create self-driving electric vehicles manufactured by an automaker under a tie-up agreement using a business model similar to its iPhone production. A potential Apple Car, if realized, is thought certain to affect the competitive landscape of the… Continue reading Apple Car expected to shake up auto industry in Asia and world

New Lynk&Co Zero electric coupe-SUV begins testing – Autocar

The new Lynk&Co Zero, an electric coupé-SUV built on a new dedicated EV architecture set to underpin future Volvo models, has completed its first dynamic testing in China, ahead of going on sale in the country next year. The Volkswagen ID 4 rival will be the first electric model from Geely’s Chinese premium brand, which… Continue reading New Lynk&Co Zero electric coupe-SUV begins testing – Autocar

HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show

The four-day event held from January 8-11 featured some of the world’s largest carmakers. Located between the BMW, Volvo, and Tesla exhibits, the HiPhi X put on an impressive display as it danced along to a rendition of “I Love You China” and a special Christmas number. These kinds of performances are made possible through… Continue reading HiPhi X Super SUV Dazzles EV Enthusiasts at Hainan New Energy Auto Show