Tag: Geely

Volvo Cars, China in first blockchain project for recycled cobalt

* Blockchain maps cobalt from recycling plant to finished car * DRC cobalt poses biggest challenge * Volvo also joining DRC cobalt pilot By Barbara Lewis LONDON, Aug 2 (Reuters) – Volvo Cars, owned by China’s Geely , has produced the first cars containing recycled cobalt mapped using a blockchain, and has joined a separate… Continue reading Volvo Cars, China in first blockchain project for recycled cobalt

Geely Automobile Holdings Sales Volume For July 2019 Was 91,375 Units

07 August 2019, Hong Kong. Geely Automobile Holdings Limited (Group)  announced that the total sales volume of the Group (including the sales volume of LYNK & CO branded vehicles sold by the Group’s 50% owned joint venture) for the month of July 2019 was 91,375 units, a decrease of approximately 24% from the same period… Continue reading Geely Automobile Holdings Sales Volume For July 2019 Was 91,375 Units

LEVC produces 2500th TX hybrid taxi in Coventry

London Electric Vehicle Company (LEVC) has produced the 2500th example of its TX range-extender hybrid taxi, marking a significant production milestone for the firm. Production of the low-emission model began in January 2018 at the company’s purpose-built Coventry facility following a £500 million investment from Chinese parent company Geely, which took over the British firm in 2013. The factory… Continue reading LEVC produces 2500th TX hybrid taxi in Coventry

China’s BAIC buys 5% Daimler stake to cement alliance

View photosThe logo of Beijing Automotive Group (BAIC) is pictured at its booth during the Auto China 2016 auto show in BeijingMore By Edward Taylor and Yilei Sun FRANKFURT/BEIJING (Reuters) – China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler, cementing their long-standing alliance after China’s Geely emerged as a… Continue reading China’s BAIC buys 5% Daimler stake to cement alliance

25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

GKN Automotive has five semi-integrated two-in-one and three-in-one eDrive series production projects underway in China and Europe for volume OEMs GKN Automotive boasts 17 years’ experience in eDrive development, integration and global production Integrated eDrive systems manufactured at sites in Europe, China and Japan, with recent investments increasing global capacity The world’s leading supplier of… Continue reading 25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

24. Jul 2019Daimler Financial Services AG today becomes Daimler Mobility AG

July 24, 2019 – Stuttgart (Germany). Today Daimler Financial Services AG will begin operating under the name of Daimler Mobility AG and act as a provider of services in the field of financing, leasing, insurance and fleet management for the entire Daimler Group. Furthermore, the Daimler Mobility business division is a strategic investor in mobility… Continue reading 24. Jul 2019Daimler Financial Services AG today becomes Daimler Mobility AG

Daimler Financial Services AG today becomes Daimler Mobility AG

24.

July 2019

Stuttgart

As of 24 July 2019, Daimler Financial Services is renamed Daimler Mobility AG. Financing, leasing, insurance and fleet management continue to be part of the core business of Daimler Mobility. New name underlines the strategic standard the business division has set for itself: to offer comprehensive flexible mobility solutions in the future. Stuttgart (Germany) – Today Daimler Financial Services AG will begin operating under the name of Daimler Mobility AG and act as a provider of services in the field of financing, leasing, insurance and fleet management for the entire Daimler Group. Furthermore, the Daimler Mobility business division is a strategic investor in mobility services such as FREE NOW, SHARE NOW and Blacklane. Flexible service offerings like Mercedes-Benz Rent (car rental) and Mercedes me Flexperience (subscription solution) complete the mobility ecosystem. As part of the approved implementation of the Daimler Group's Project Future, Daiml..

BAIC acquires stake in Daimler

China’s BAIC Group has acquired a 5 percent stake Mercedes-Benz owner Daimler AG, the State-owned company announced on Tuesday.Daimler also owns 9.55 percent stake in BAIC.In early 2018, Zhejiang Geely Holding Group acquired 9.7 percent of the German carmaker, becoming its largest shareholder in the world.

UPDATE 3-China’s BAIC buys 5% Daimler stake to cement alliance

FRANKFURT/BEIJING (Reuters) – China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler (DAIGn.DE), cementing their long-standing alliance after China’s Geely emerged as a potential rival by also taking a stake in the German automaker. FILE PHOTO: An employee works on an assembly line producing Mercedes-Benz cars at a factory of… Continue reading UPDATE 3-China’s BAIC buys 5% Daimler stake to cement alliance