Tag: Geely

Inside the industry: car makers and retailers have a love-hate relationship

There’s a saying that business without tension isn’t really business, the implication being that if you’re not fighting someone, capitalism is about to gobble you up for being too nice. Just as well, then, that, even by the standards of the most dysfunctional families, the relationship between car makers and car retailers remains fraught –… Continue reading Inside the industry: car makers and retailers have a love-hate relationship

Didi installs V2X equipment in Shanghai, begins test robotaxi service

BEIJING (Reuters) – Chinese ride-hailing giant Didi Chuxing, backed by SoftBank Group, launched a test robotaxi service in a Shanghai suburb on Saturday after installing V2X (Vehicle to Everything) hardware throughout the area. FILE PHOTO: The company logo of the Didi ride-hailing app on a car door at the IEEV New Energy Vehicles Exhibition in… Continue reading Didi installs V2X equipment in Shanghai, begins test robotaxi service

@Geely: LEVC begins fleet trials of new electric van with DPD

LEVC (London Electric Vehicle Company) has officially started the real-world testing and trial phase for VN5, its new electric van and parcel delivery firm DPD is the first company to take delivery of a converted TX prototype. Due to the similarities between TX and VN5, LEVC is deploying a fleet of converted TX-based prototypes utilising… Continue reading @Geely: LEVC begins fleet trials of new electric van with DPD

Geely launches its biggest SUV yet – Hao Yue

Chinese automaker Geely Auto officially launched its first seven-seat D-segment SUV, Hao Yue in an entirely online launch ceremony today. The seven-seat SUV marks Geely Auto’s entry into a highly competitive market segment that is currently dominated by foreign joint-venture brands in the Chinese market. Geely says it aims to challenge the competition by offering… Continue reading Geely launches its biggest SUV yet – Hao Yue

@Geely: Geely Auto Enters D-Segment with Brand’s Biggest SUV to Date

Geely’s biggest SUV to date, the Hao Yue officially released in digital launch ceremony 7-seat Hao Yue marks Geely’s Auto official entry into the D-segment SUV market New D-segment SUV challenging competitors with a suite of Geely’s latest technologies in a highly competitive package 2020 June 23, Hangzhou. Geely Auto officially launched its first seven-seat… Continue reading @Geely: Geely Auto Enters D-Segment with Brand’s Biggest SUV to Date

South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

SEOUL (Reuters) – South Korea’s Hyundai Motor Group and LG Chem Ltd (051910.KS) are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday. FILE PHOTO: An attendee takes a picture of the 2019 Hyundai Kona Electric vehicle being displayed at the… Continue reading South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

South Korea’s SsangYong Motor looking for possible buyer as Mahindra may exit

SEOUL (Reuters) – South Korean sports-utility vehicle maker SsangYong Motor (003620.KS) is looking for a potential buyer after India’s Mahindra and Mahindra (MAHM.NS) said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said… Continue reading South Korea’s SsangYong Motor looking for possible buyer as Mahindra may exit