The design of an office is usually a good indicator of how a company likes to operate. Many traditional corporate offices resemble the waiting area of a dental practice—clean, traditional and often due a revamp. Despite its business in manufacturing vehicles, Geely subsidiary Lynk & Co is adamant that it is not like the other… Continue reading Interview: Alain Visser, Chief Executive, Lynk & Co International – Automotive World
Tag: Geely
Geely to take stake in flying taxi JV
Zhejiang Geely Holding Group will invest in German flying taxi company Volocopter, and set up a joint venture with the startup to launch air taxis in China, the company said on Monday.Since its foundation in 2011, Volocopter has built three generations of Volocopter aircraft, two of which received licenses for manned and unmanned flight with a total funding of 35 million euros.After the Series C funding round, Geely will become a minority investor in Volocopter, next to existing strategic investors like Daimler AG. More sourcesGeely to take stake in flying taxi JV (China Daily (Europe): Sep 10, 2019 at 12:00 AM)
Shaping the future of mobility, one child at a time: our investment in Zūm
Roughly half a million school buses transport more than 25 million students to and from school each day in the US, where the majority of buses are still state-owned and operated. The cost of transportation has increased rapidly over years, and this results in a public expense of close to $25 billion per year. As… Continue reading Shaping the future of mobility, one child at a time: our investment in Zūm
Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely
German air taxi startup Volocopter raised €50 million ($55.3 million) in a funding round led by Geely, the Chinese parent company of Volvo Cars, the company announced. The new funds will be put toward achieving Volocopter’s goal of launching a commercial air taxi service powered by its 18-rotor electric aircraft “within the next three years.”… Continue reading Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely
Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service
The promise of flying cars has become an idea more synonymous with the tech world’s shortcomings than its exciting potential, but today one of the startups that has been focused on actually trying to make small, airborne vehicles a reality is announcing a fundraise and says it’s on track for a commercial launch in two to… Continue reading Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service
Volvo Car India’s Charles Frump: ‘Kolkata is one of the biggest markets for the XC90.’
Volvo Car India's Charles Frump: 'Kolkata is one of the biggest markets for the XC90.'
Geely Automobile Holdings Sales Volume For August 2019 Was 101,223 Units
06 September 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 August 2019 was 101,223 units, a decrease of approximately 19% from the same period last year,… Continue reading Geely Automobile Holdings Sales Volume For August 2019 Was 101,223 Units
Press Releases – ACEA appoints new Director General
Brussels, 6 September 2019 – The European Automobile Manufacturers’ Association (ACEA) is pleased to announce the appointment of Eric-Mark Huitema as its new Director General, with effect on 1 October. Mr Huitema will succeed Erik Jonnaert, who is stepping down as Secretary General after six years at the helm of the association, which represents the… Continue reading Press Releases – ACEA appoints new Director General
GM will use Google’s embedded Android Automotive OS in cars starting in 2021
General Motors will use Google’s new Android Automotive OS to power the infotainment systems in its cars starting in 2021, the two companies announced on Thursday. That means Google Assistant, Maps, and other automotive-approved Android apps will be available in GM’s cars via the Play Store without requiring the use of an Android smartphone. All… Continue reading GM will use Google’s embedded Android Automotive OS in cars starting in 2021
GM will use Google to power future infotainment systems
DETROIT (Reuters) – General Motors Co(GM.N) will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc (GOOGL.O) in the race with Amazon.com and other technology companies to control dashboards. FILE PHOTO: The GM logo is seen at the General Motors… Continue reading GM will use Google to power future infotainment systems