First prototypes of a new Lynk & Co hatchback, expected to be dubbed 04, have been photographed testing ahead of an expected European market debut in 2020. Original expectations for the brand, part of Volvo’s Chinese parent Geely, were for it to focus on building SUVs and saloons – market priorities for China and the US.… Continue reading Lynk & Co 04 hatchback tests ahead of 2020 European launch
Tag: Geely
Alliance of car manufacturers: The cooperation between VW and Ford is only the beginning in the auto industry
Düsseldorf, MunichGeneral pick-ups in the United States and in Europe, a possible cooperation in electric cars and autonomous driving. Volkswagen and ford, two heavyweights in the global auto industry are joining forces. Because digitization and electrification are devouring billions of development costs, they want to the German and the American automaker team up, The cooperation… Continue reading Alliance of car manufacturers: The cooperation between VW and Ford is only the beginning in the auto industry
Alliance of VW and Ford: The auto industry is driven to new alliances
Düsseldorf, MunichGeneral pick-ups in the United States and in Europe, a possible cooperation in electric cars and autonomous driving. Volkswagen and ford, two heavyweights in the global auto industry are joining forces. Because digitization and electrification are devouring billions of development costs, they want to the German and the American automaker team up, The cooperation… Continue reading Alliance of VW and Ford: The auto industry is driven to new alliances
Sweden’s Volvo invests in wireless vehicle charging company
Move comes amid a flurry of activity in electric vehicle industry Go to Source
Momentum Dynamics Receives Investment from Volvo Group Venture Capital
Momentum Dynamics, Inc., a Philadelphia, PA-based company developing high power wireless charging of electric vehicles, received an investment from Volvo Group Venture Capital AB, a subsidiary of the Volvo Group. The amount of the deal was not disclosed. Momentum Dynamics is developing and commercializing high power inductive charging for the automotive and transportation industries, especially… Continue reading Momentum Dynamics Receives Investment from Volvo Group Venture Capital
Geely Holding Group Total Sales Reach 2.15 million Units in 2018
Geely portfolio of brand sales grow 18.3% in 2018 to 2.15 million units Combined Group sales doubled in 4 year period Geely Car Group sold 1.5 million units, up 20% Volvo Cars reached over 600,000 units, up 12.4% 14 January 2019, Hangzhou China. Zhejiang Geely Holding Group (Geely Holding) today announced that aggregate sales across… Continue reading Geely Holding Group Total Sales Reach 2.15 million Units in 2018
China car sales hit reverse for first time since 1990s
BEIJING/SHANGHAI (Reuters) – Car makers in China will face more fierce competition this year, after a tough 2018 when the world’s biggest auto market contracted for the first time in more than two decades, the country’s top auto industry association said on Monday. FILE PHOTO: Newly manufactured cars are seen at the automobile terminal in… Continue reading China car sales hit reverse for first time since 1990s
Audi India sales decline 18% to 6,463 units in 2018
NEW DELHI: German luxury car maker Audi reported an 18 per cent decline in total sales in India to 6,463 units during 2018, hit by closure of its largest dealership in the country besides phase-out of some of the models during the year. The company had sold 7,876 units in the country in 2017. “We… Continue reading Audi India sales decline 18% to 6,463 units in 2018
Geely Group denies cutting stake in Daimler AG
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Let’s Look At CATL’s Numerous Battery Deals
Mega-player in the battery biz. Chinese power battery manufacturer Contemporary Amperex Technology Limited (CATL) and Zhejiang Jirun Automobile Company Limited (Zhejiang Jirun), a subsidiary held by Zhejiang Geely Holding Group, struck a deal on December 20, 2018 to fund a joint venture (JV) that works on the R&D, manufacture and sale of battery cells and… Continue reading Let’s Look At CATL’s Numerous Battery Deals