China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely. Baidu, the leading search engine company in China, will take a majority stake and absolute voting power in the new company. The venture will revamp some of Geely‘s existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and… Continue reading China’s Baidu said to plan smart EV firm, to make cars at Geely plant
Tag: Geely
Baidu plans smart EV company, to make cars at Geely plant: Sources
The venture will revamp some of Geely’s existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and engineering know-how from Geely, sources told Reuters. By Yingzhi Yang, Yilei Sun and Brenda Goh BEIJING: China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar… Continue reading Baidu plans smart EV company, to make cars at Geely plant: Sources
Volvo set to reveal second electric car in March
Volvo will reveal its second full-electric production car, a compact model that will use the same platform as the new XC40 Recharge EV and be produced alongside it at the firm’s Belgian plant, later this year. The second battery-electric machine from the Swedish firm will be based on the Compact Modular Architecture (CMA) platform that… Continue reading Volvo set to reveal second electric car in March
Waymo grew its lead in the self-driving industry with a triumphant 2020. Experts reveal the key step the Google spin-off needs to take in 2021 to keep rivals like Cruise and Aurora at bay.
Waymo is seen by many experts as the autonomous-vehicle industry’s leader. The company racked up a number of accomplishments in 2020, including making driverless rides available to all users of its Waymo One ride-hailing service, forming partnerships with Daimler and UPS, and raising $3.2 billion. To build on its lead in 2021, Waymo needs to… Continue reading Waymo grew its lead in the self-driving industry with a triumphant 2020. Experts reveal the key step the Google spin-off needs to take in 2021 to keep rivals like Cruise and Aurora at bay.
@Geely-Volvo: Volvo Cars reports strongest second-half sales in company history on pandemic recovery
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@Geely-Volvo: Volvo Cars to triple electric production capacity in Ghent after strong year of electrified car sales
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Italy’s CNH Industrial revives talks to sell truckmaker Iveco to China’s FAW
CNH Industrial is in talks with China’s FAW over the future of truckmaker Iveco, the Italian-American group said on Wednesday after sources told Reuters it had revived previously aborted negotiations. A spokesman for CNH Industrial – whose new CEO, Scott W. Wine, took office this week – confirmed that the group is in preliminary discussions over… Continue reading Italy’s CNH Industrial revives talks to sell truckmaker Iveco to China’s FAW
@Ford: Ford Names Andrew Frick as Head of Sales for U.S. and Canada; Mark LaNeve Caps Successful Tenure at Ford
DEARBORN, Mich., Jan. 4, 2020 – Ford Motor Company today announced that Andrew Frick has been appointed vice president, Sales, U.S. and Canada, effective today. He is succeeding Mark LaNeve, who has elected to depart Ford after an accomplished career as a senior marketing and sales leader in order to pursue the next chapter of… Continue reading @Ford: Ford Names Andrew Frick as Head of Sales for U.S. and Canada; Mark LaNeve Caps Successful Tenure at Ford
Premium Ride-Hailing Service StarRides now available in 6 Chinese cities, launches English App in Chinese Market
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December 2020
Stuttgart/Beijing
StarRides is now available in Hangzhou, Guangzhou, Chengdu, Xi’An, Beijing and Shanghai English version of premium ride-hailing app for international customers in China introduced Average monthly growth rate of registered users of almost 80 percent underlines robust demand Stuttgart/Beijing – The premium ride-hailing provider StarRides, a joint venture of Daimler Mobility AG and Geely Technology Group, is now available in six cities across China. The service was initially launched just one year ago in December 2019 in Hangzhou, China. StarRides now offers its services in Hangzhou, Guangzhou, Chengdu, Xi’An, Beijing and Shanghai, covering the majority of China’s major business metropolises and most popular travel destinations. More launches in Chinese cities are planned. Since its start in December 2019, StarRides has achieved growth in registered users by an average of almost 80 percent on a monthly basis. The vast majority of users are busine..
@Geely: Kandi Enters into Strategic Cooperation Agreement with Agricultural Bank of China Hangzhou Branch
Jinhua, China, Dec. 29, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China.Given China’s effort to both encourage the battery swap model for electric vehicles and to support a… Continue reading @Geely: Kandi Enters into Strategic Cooperation Agreement with Agricultural Bank of China Hangzhou Branch