@Geely: LEVC adds Autohaus München to German dealer network

LEVC (London Electric Vehicle Company) today announces a key new dealer appointment in Germany as part of its continuing European expansion strategy. Autohaus München, subsidiary of the scan Automobile GmbH, joins the LEVC network as the representative of the brand in the Munich area. Autohaus München will provide full sales and after sales support for… Continue reading @Geely: LEVC adds Autohaus München to German dealer network

Geely-backed intelligent auto developer ECARX nets $194m Series A led by Baidu

Chinese Internet search giant Baidu has led a 1.3-billion-yuan ($194 million) Series A funding round in ECARX, an intelligent auto solutions provider backed by automaker Geely. The new investment, which valued ECARX at over 10 billion yuan ($1.5 billion), also saw participation from investment firm SIG China, investment bank Lighthouse Capital, the exclusive financial adviser… Continue reading Geely-backed intelligent auto developer ECARX nets $194m Series A led by Baidu

@Geely: Kandi Announces Establishment of Rideshare Company

Jinhua, China, Oct. 26, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today the establishment of the company that intends to operate a ridesharing service across China.  The operating company will operate under the name Zhejiang Ruiheng Technology Company (“Ruiheng”).  The company was established by Zhejiang Ruibo… Continue reading @Geely: Kandi Announces Establishment of Rideshare Company

Geely’s new EV plant will build premium Polestar cars: sources

By Yilei Sun, Brenda Goh 2 Min Read BEIJING/SHANGHAI (Reuters) – An electric vehicle (EV) factory planned by Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday. FILE PHOTO: A man looks at a Polestar Precept car at the Beijing… Continue reading Geely’s new EV plant will build premium Polestar cars: sources

German Manager Magazin: Ford Kuga: Recall of plug-in hybrid endangers CO2 fleet target000264

fordthreatens a fine for failing to meet the CO2 targets EU: The overall balance of newly registered Ford cars in Europe could exceed the European Union’s fleet limit this year, according to company information. A delivery stop for the new plug-in hybrid model Kuga “had an impact on our plan to be able to meet… Continue reading German Manager Magazin: Ford Kuga: Recall of plug-in hybrid endangers CO2 fleet target000264

@Geely: Geely Emgrand Series Reaches 3 Million Units

3 millionth Emgrand family unit rolls off the production line Range has expanded to include crossover and EV models Series sold 3 million units in 4 years 2020 October 22nd, Hangzhou China. The Geely Emgrand series of vehicles has reached a momentous milestone with the 3 millionth Emgrand to date coming off the production line.… Continue reading @Geely: Geely Emgrand Series Reaches 3 Million Units

Remsons Industries acquires UK based Magal Cables

MUMBAI:Remsons Industries, an automotive cable supplier on Friday announced the acquisition of UK based Magal Cables Ltd, a part of Arlington Group Engineering systems. Remsons acquired MCL, through a wholly owned subsidiary Remsons Holding Ltd, (incorporated in UK) for Rs 33 crore which was funded through internal accruals and debt. Magal Cables Ltd (MCL) has… Continue reading Remsons Industries acquires UK based Magal Cables

A Waymo executive reveals how the company is keeping its self-driving taxis safe for riders during the COVID-19 pandemic (GOOGL)

Waymo has ramped up sanitation in its robotaxis during the coronavirus pandemic. Daniel Chu, Waymo’s chief product officer, told Business Insider he was particularly excited about the ability of the company’s vehicles to flush out old air between rides. Chu said the coronavirus hasn’t changed Waymo’s long-term strategy and has only highlighted the benefits of… Continue reading A Waymo executive reveals how the company is keeping its self-driving taxis safe for riders during the COVID-19 pandemic (GOOGL)

@Geely: Fri 16 Oct 2020Lotus stuns Goodwood SpeedWeek with Evija dynamic public debutThe all-electric Lotus Evija hypercar makes its dynamic public debut at G…

Lotus Evija at Goodwood SpeedWeek 2020 [embedded content] Lotus-Evija_Goodwood-Speedweek.mp4 New film and images reveal all-electric hypercar on the famous circuit Stunning new black and gold wrap recalls iconic Lotus liveries of the past See the Lotus Evija on ITV’s weekend coverage on Friday, Saturday and Sunday Watch the film on YouTube New US LOT Blog… Continue reading @Geely: Fri 16 Oct 2020Lotus stuns Goodwood SpeedWeek with Evija dynamic public debutThe all-electric Lotus Evija hypercar makes its dynamic public debut at G…