The company told prospective investors this month it plans to locate the plant in a “tier one Chinese city” and envisions that it will have the capacity to make over 100,000 vehicles a year in its initial phase, one of the sources said. By Yilei Sun and Brenda Goh SHANGHAI: Embattled startup Faraday Future will… Continue reading Faraday Future to push forward with EV project in China will enlist Geely’s help: Sources
Tag: Geely
EU-UK trade deal: EU automobile manufacturers react
Brussels, 24 December 2020 – The European Automobile Manufacturers’ Association (ACEA) welcomes the deal struck today between the European Union and the United Kingdom on their future trading relations. This agreement is a great relief for European automobile manufacturers, allowing the sector to avoid the catastrophic effect of a no-deal Brexit. “There is no other… Continue reading EU-UK trade deal: EU automobile manufacturers react
@Ford: Ford Shares Connected Car Data with Other Manufacturers to Help Make Journeys Safer – Even if You Don’t Drive a Ford
Ford cars to share information about potential road safety incidents to help warn road users – including drivers of other manufacturer vehicles, as well as Fords – of hazards ahead Local Hazard Information connected car technology already warns other Ford drivers of safety incidents; now even more drivers will benefit from road safety warnings Reciprocal… Continue reading @Ford: Ford Shares Connected Car Data with Other Manufacturers to Help Make Journeys Safer – Even if You Don’t Drive a Ford
Hyundai becomes third OEM to invest in Israel’s UVeye
Israel-based UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and several other investors to accelerate the company’s global expansion plans. The company counts Volvo and Toyota Motor Corporation among its early backers. The company has raised more than $40 million (Rs 296 crore) from carmakers and other strategic… Continue reading Hyundai becomes third OEM to invest in Israel’s UVeye
China’s Geely ties up with Tencent on smart car tech
China’s Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the fast-evolving sector, the companies will jointly develop smart car cockpits to have more mobile and mobility service applications, and explore testing of autonomous driving, Geely said in… Continue reading China’s Geely ties up with Tencent on smart car tech
China’s Geely teams up with Tencent on smart car tech
By Reuters Staff 1 Min Read Slideshow ( 4 images ) BEIJING/SHANGHAI (Reuters) – China’s Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving. In the latest such partnership in the… Continue reading China’s Geely teams up with Tencent on smart car tech
China’s Geely to work on smart car technologies with Tencent
By Reuters Staff 1 Min Read FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China April 25, 2016. REUTERS/Kim Kyung-Hoon BEIJING/SHANGHAI (Reuters) – China’s Zhejiang Geely Holding Group said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit… Continue reading China’s Geely to work on smart car technologies with Tencent
Volocopter seeks approval for electric air taxis in US cities
German electric air-taxi startup Volocopter GmbH is seeking regulatory approval to operate its vertical takeoff craft in the U.S. The Federal Aviation Administration is considering a type-certification application from Volocopter, opening up the possibility of flights in cities such as Los Angeles, New York, San Francisco and Washington in the next two to three years,… Continue reading Volocopter seeks approval for electric air taxis in US cities
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