Tag: Geely

@Geely: Geely Automobile Holdings Announced Interim Results for the First Half of 2020

• Geely Automobile Holdings Limited (Group) reports half-year revenue of RMB 36.81 billion and profit of RMB 2.29 billion.• Wholesale market share up from 6.1% to 6.5% in first half• Total sales in 2020 1H reached 530,446 units• The Group management has revised 2020 full year sales target to 1.32 million units. 2020 August 17,… Continue reading @Geely: Geely Automobile Holdings Announced Interim Results for the First Half of 2020

@Geely: First look at the Geely Preface

Sports orientated sedan will reset the clock on Geely Auto performance Second vehicle to use Geely-Volvo jointly developed CMA architecture Confirmed launch for fourth quarter of 2020 August 14th 2020, Hangzhou, China. Geely Auto (Geely) today unveiled the Geely Preface, a forthcoming flagship sedan that will be based on Geely Holding Group’s award winning Compact… Continue reading @Geely: First look at the Geely Preface

VECV to acquire bus business of Volvo Group India

VE Commercial Vehicles Limited (VECV), a subsidiary of Eicher Motors has entered into a Business Transfer Agreement with Volvo Group India for acquisition of the bus business of Volvo Group (VGIPL) for a cash consideration of Rs 100.5 crore. The agreement entails manufacture, assembly, distribution and sale of Volvo buses in India, and other rights forming part… Continue reading VECV to acquire bus business of Volvo Group India

@Geely: LEVC announces new VN5 converter strategy

LEVC (London Electric Vehicle Company) is developing a comprehensive conversion programme for its highly anticipated VN5 electric van. LEVC has already deployed a small fleet of converted TXs to provide VN5 ‘prototype’ vehicles for trials with partners such as DPD, Royal Mail and Octopus Energy to showcase the electric van’s competence in difference working environments.… Continue reading @Geely: LEVC announces new VN5 converter strategy

VW extends China market lead with new low-cost brand Jetta

HAMBURG, Germany — While most carmakers are struggling to get consumers into showrooms and opening their wallets amid worries from the coronavirus pandemic, Germany’s Volkswagen has managed in recent months to extend its lead as China’s top auto seller. Critical to this advance has been Jetta, a new entry-level brand VW launched in China last… Continue reading VW extends China market lead with new low-cost brand Jetta

@Geely: Kandi Technologies Reports Second Quarter 2020 Financial Results

                                                     • Off-road vehicles sales increased 27.3% to $6.6 million                                         … Continue reading @Geely: Kandi Technologies Reports Second Quarter 2020 Financial Results

@Geely: Geely Automobile Holding Sales Volume For July 2020 Was 105,218 Units

2020 August 06, Hong Kong. Geely Automobile Holding Limited (Group) announced that the 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 2020 was 105,218 units, an increase of approximately 15% from the same period last… Continue reading @Geely: Geely Automobile Holding Sales Volume For July 2020 Was 105,218 Units

ChargePoint raises $127M as electric vehicle adoption grows among fleet operators

Electric vehicle charging network ChargePoint raised $127 million in funding in a bid to expand its platform for businesses and fleets in North America and Europe. A mix of existing investors from the oil and gas, utilities and venture industries added to the round, including American Electric Power, Chevron Technology Ventures, Clearvision and Quantum Energy Partners.… Continue reading ChargePoint raises $127M as electric vehicle adoption grows among fleet operators

Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group

Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group. The AM100 retail group told AM that the acquisition had been postponed following the outbreak of COVID-19 coronavirus but was completed last week under the deal’s initial terms. “A… Continue reading Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group