Tag: Geely

Lumax to acquire OK Play Auto’s roto moulding plastic business

OK Play Group, a toy to automotive part marker is set to hive-off its rota moulded plastic component business of OK Play India and OK Play Auto to Tier 1 supplier, Lumax Auto Technologies for around Rs 150 crore. The acquisition will enable Lumax to increase its product offerings to its existing clienteles as well… Continue reading Lumax to acquire OK Play Auto’s roto moulding plastic business

Geely Icon compact SUV gets 30,000 pre-orders before official launch

Geely Auto today officially launched its latest compact SUV – the Geely ICON — today in a completely online launch that was watched by millions across China. The model received over 30,000 orders in the hours leading up to its launch through online preordering, showcasing the demand for the model. The Geely ICON stays true… Continue reading Geely Icon compact SUV gets 30,000 pre-orders before official launch

@Geely: Geely Auto Newest ICON Released

Geely Icon received over 30,000 pre-orders before official launch Product driven design takes Geely design in a new direction Fully electrified 48V BSG powertrain available – the first in its segment Geely ICON first model series to be launched with N95 air filtration certification. 2020 February 24, Hangzhou. Geely Auto officially launched its latest compact… Continue reading @Geely: Geely Auto Newest ICON Released

Why Volvo is redefining autonomous driving

Volvo has been one of the leading proponents of the industry’s long-term quest for fully autonomous cars. But now it has become the latest to dial back its overall ambition and to clarify how it views the technology developing. The next XC90, due in 2022, will be fitted with the advanced hardware and software needed… Continue reading Why Volvo is redefining autonomous driving

Malaysia revamps auto policy with third national car in mind

KUALA LUMPUR — Malaysia unveiled on Friday a much-delayed automotive policy, hoping to stay ahead of Thailand and Indonesia by shifting the focus from energy-efficient cars to next-generation vehicles production for the region. The National Automotive Policy 2020 also sought to redefine its national car classifications to accommodate a third national car maker, after China’s Geely-backed Proton… Continue reading Malaysia revamps auto policy with third national car in mind

Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to €87 million ($94 million) thanks… Continue reading Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Is The Kandi K27 America’s Next Most Popular EV?

The US is known for its long roads, great travel distances, and love for big vehicles. Smart tried to convince Americans into “small is beautiful” and failed spectacularly. Any Chinese company should better have that in mind to sell here then, right? Kandi and SC Autosports, LLC, didn’t. And they are now trying to sell… Continue reading Is The Kandi K27 America’s Next Most Popular EV?

@Geely: Geely Auto Launches Full Online Car Buying and Home Delivery Service

Geely Auto online sales orders increase more than fivefold in first week of operation compared to the same period last year. All Geely Auto brand models are now available to order online and for home delivery in China. First Chinese auto brand to offer full ‘contactless’ buying process. 2020 February 21st, Hangzhou. Geely Auto, China’s… Continue reading @Geely: Geely Auto Launches Full Online Car Buying and Home Delivery Service