Volvo Cars to terminate dealer agreements with Bilia

By Reuters Staff 2 Min Read FILE PHOTO: The wheel hub of a Volvo XC60 car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann STOCKHOLM (Reuters) – Swedish car dealership chain Bilia has received notice of termination for its dealer agreements with Volvo Cars in… Continue reading Volvo Cars to terminate dealer agreements with Bilia

@Geely: Multi-site dealer group joins LEVC sales & servicing network in the Netherlands

25th November 2020, Ansty LEVC (London Electric Vehicle Company) has appointed a third dealer group in the Netherlands, partnering with Harrie Arendsen BV to offer sales and servicing in the Gelderland and Overijssel regions in the east of the country. Joining the recent appointments of Stern Lijnden and Mobility Centre, LEVC will now have nine full… Continue reading @Geely: Multi-site dealer group joins LEVC sales & servicing network in the Netherlands

Sweden’s Scania to start making trucks in China after acquisition

By Johannes Hellstrom, Yilei Sun 2 Min Read STOCKHOLM/BEIJING (Reuters) – Swedish truck maker Scania, a unit under Volkswagen AG’s commercial vehicle arm Traton SE, has bought a truck company in China to start making vehicles for the first time in the world’s biggest auto market, it told Reuters. FILE PHOTO: The logo of Swedish… Continue reading Sweden’s Scania to start making trucks in China after acquisition

Daimler, Geely mull China as production hub for hybrid powertrains

By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/ FRANKFURT (Reuters) – Daimler AG DAIGn.DE and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo… Continue reading Daimler, Geely mull China as production hub for hybrid powertrains

@Geely: Geely Preface Sedan Named 2021 China Car of the Year

Geely Auto’s CMA-based Preface Sedan honoured with 2021 China Car of the Year Award Preface’s first FOTA update showcased to public at Guangzhou Auto Show 2020 November 20, Guangzhou. On the eve of the Guangzhou Auto Show, the highly anticipated 2021 Annual China Car Award Ceremony was held. Geely Auto’s flagship CMA-based Preface sedan was… Continue reading @Geely: Geely Preface Sedan Named 2021 China Car of the Year

German Handelsblatt: Car company: “Absolutely resistant to advice” – Daimler works council boss attacks board members head-on000821

Daimler site in Sindelfingen With its Chinese investor Geely, the group will build four-cylinder gasoline engines on a grand scale in the Far East instead of in Europe from 2024. (Photo: dpa) Munich, Frankfurt As the top representative of more than 170,000 employees in Germany, Daimler works council boss Michael Brecht is one of the… Continue reading German Handelsblatt: Car company: “Absolutely resistant to advice” – Daimler works council boss attacks board members head-on000821

Mobileye taps Luminar to supply lidar for its robotaxi fleet

Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary Mobileye with lidar for its fleet of autonomous vehicles. The deal, announced Friday, will see a rising star paired with a company that has long dominated the automotive industry. While… Continue reading Mobileye taps Luminar to supply lidar for its robotaxi fleet

@Geely: Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $100 Million of Common Stock and Warrants

JINHUA, China, Nov. 20, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $100 million of 8,849,560 units (the “Units”) of its securities at a purchase price per… Continue reading @Geely: Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $100 Million of Common Stock and Warrants

Luminar to supply lidar sensors for Mobileye’s self-driving fleet

By Paul Lienert 2 Min Read (Reuters) – Luminar Technologies, the self-driving sensor startup that is about to go public, said on Friday that it will supply laser-based lidar sensors to Intel Corp’s INTC.O Mobileye subsidiary for its test fleet of self-driving vehicles. FILE PHOTO: The logo of Israeli technology firm Mobileye is seen on… Continue reading Luminar to supply lidar sensors for Mobileye’s self-driving fleet

@Daimler: 20. Nov 2020Daimler AG, Geely Holding Group and its subsidiary brands to join forces on a highly efficient powertrain system specified […]

November 20, 2020 – Daimler AG and Geely Holding, the respective parent companies of Mercedes-Benz AG and Volvo Cars, have launched plans to collaborate on developing highly efficient powertrain systems for next-generation hybrid vehicle applications. The cooperation is expected to see the companies work together on hybrid powertrain solutions to enhance their global competitiveness and… Continue reading @Daimler: 20. Nov 2020Daimler AG, Geely Holding Group and its subsidiary brands to join forces on a highly efficient powertrain system specified […]