Tag: Geely

@Geely: Kandi Announces Establishment of China Battery Exchange Technology Co., Ltd.

JINHUA, CHINA, Sept. 14, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced the establishment of a wholly-owned subsidiary for its battery swapping services: China Battery Exchange Technology Co., Ltd.By establishing the China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in… Continue reading @Geely: Kandi Announces Establishment of China Battery Exchange Technology Co., Ltd.

The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. As… Continue reading The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC

HumanForest gets $2.3M from Cabify founders and others to grow a ‘free’ e-bike sharing service

HumanForest, a dockless, shared and ad-supported e-bike service which began trialling a service in London this June, has taken in its first tranche of external funding. The £1.8 million (~$2.3M) investment comes from backers in the mobility space, including Juan de Antonio and Vicente Pascual, founders of ride-sharing app Cabify. As part of the investment,… Continue reading HumanForest gets $2.3M from Cabify founders and others to grow a ‘free’ e-bike sharing service

@Geely: Geely Automobile Holding Sales Volume For August 2020 Was 113,443 Units

2020 September 07, Hong Kong. Geely Automobile Holding 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 August 2020 was 113,443 units, an increase of approximately 12% from the same period last year… Continue reading @Geely: Geely Automobile Holding Sales Volume For August 2020 Was 113,443 Units

Swedish startup Volta unveils electric truck, to manufacture in UK

STOCKHOLM (Reuters) – Swedish startup Volta Trucks on Thursday unveiled its Volta Zero, a 16-tonne electric truck, with plans to start production in 2022 in the United Kingdom. Following the success of companies such as Tesla in popularising electric cars, electric trucks have also been getting a lot of attention from existing players such as… Continue reading Swedish startup Volta unveils electric truck, to manufacture in UK

Iconic Volvo P1800 reborn as 414bhp continuation special

Geely’s motorsport arm, Cyan Racing, has unveiled the Volvo P1800 Cyan as a modernised, uprated take on its sibling brand’s iconic 1960s sports coupé. The continuation car was designed as a road-legal version of an imagined Cyan Racing track car from the 1960s, and as such goes without modern driving aids such as stability control, anti-lock brakes… Continue reading Iconic Volvo P1800 reborn as 414bhp continuation special

Volvo launches new car subscription service in UK

Volvo has launched its Care by Volvo subscription service across the UK, claiming that the scheme offers a “genuine, flexible alternative” to buying a car. The scheme has previously been trialled on a regional basis in the UK, but will now be offered nationwide across Volvo’s full range of cars.  The monthly subscription payment covers… Continue reading Volvo launches new car subscription service in UK

World NM: Geely Auto Moves Closer to Potential $2.9 Billion China Listing000084

Geely Automobile Holdings Ltd., the Chinese carmaker controlled by Volvo Cars owner Li Shufu, may raise as much as 20 billion yuan ($2.9 billion) through a listing on Shanghai’s STAR Market. With the outbreak receding in China, sales have started to revive, and automakers are betting the world’s largest vehicle market can help them return… Continue reading World NM: Geely Auto Moves Closer to Potential $2.9 Billion China Listing000084