Minjun ParkAutomotive
Volvo Unveils XC60 Plug-In Hybrid with 200 Km Electric Range
The Swedish carmaker installed a 41.2 kWh battery in its new XC60 and XC90 plug-in hybrids, offering up to 163 km of electric range in the larger model.
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Geely
Every story tagged Geely on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Geely
26 stories in this topic
Minjun ParkAutomotive
Renault and Geely Invest More in Brazil for New Electric Vehicle
The capital injection will upgrade local assembly lines to meet regional demand for affordable passenger models.
Minjun ParkAutomotive
Geely Prepares North American Push as Canadian Tariffs Drop to 6 per Cent
A revised trade agreement allows 49,000 Chinese electric vehicles into Canada each year while Geely begins shipping its Zeekr 9X luxury hybrid to Europe and the Middle East.
Rajiv MenonAutomotive
China Recalls Seven Million Electric Vehicles over Door Handle Safety Flaws
Regulators ordered Tesla, Xiaomi and domestic rivals to fix concealed interior emergency releases that risk trapping occupants when electrical systems fail.
Minjun ParkAutomotive
Geely Recalls 93,000 Vehicles in China over Defective LiDAR Chips
China’s market regulator ordered free sensor replacements across Galaxy and Lynk & Co models as hardware glitches disable driver assistance functions.
Wei ZhangAutomotive
Geely Defies Global Expansion Pause with Plans for New Auto Plant in Vietnam
Geely’s ambitious plan is to construct a US$168-million manufacturing plant in northern Vietnam is set to unfold as scheduled, despite broader concerns cast by its chairman and founder, Li Shufu. Just last Saturday, Shufu pointed out the global automotive…
Maria SantosAutomotive
Renault, Geely Ink Pact With Aramco For Engine Venture
Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China’s Geely Automobile Holdings Ltd plan to set up jointly, they said on Thursday. Reuters reported in January that Aramco has…
Minjun ParkAutomotive
Geely Unit Lotus Tech Aims To Raise Up To $500 Million In Funds
Lotus Technology, a new unit of China’s Geely set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters. Lotus Technology, part of Group…
Rajiv MenonAutomotive
Chinese Automaker Geely Auto Scraps STAR Market Listing Plan
China’s Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland’s Nasdaq-like STAR Market. Zhejiang-based Geely Auto, China’s highest-profile automaker thanks to parent Zhejiang Geely Holding Group’s investments in…
Rajiv MenonTelecom
China’s Geely sets sights on aerospace
China’s Zhejiang Geely Holding Groups, a global mobility technology group has plans to set up a commercial aerospace company, as announced by the local government. The company will develop and advance satellite and communications technologies in Guangzhou, by…
Wei ZhangAutomotive
Targeting Tesla, China’s Geely To Launch New Premium EV Brand
China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles. The brand,…
Maria SantosAutomotive
China’s Geely Sets Out To Become A Force In Electric Cars
Like many others in his industry, Geely Chairman Li Shufu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc and Nio Inc, sources at the Chinese automaker say. Getting Geely, which owns Volvo Cars and 9.7% of Daimler…
Maria SantosAutomotive
Baidu Plans Smart EV Company, To Make Cars At Geely Plant
China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely. Baidu, the leading search engine company in China, will take a…
Wei ZhangAutomotive
Geely’s New EV Plant Will Build Premium Polestar Cars
An electric vehicle (EV) factory planned by the Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday. Zhejiang Geely Holding Group Co Ltd plans to build a…
Rajiv MenonAutomotive
Fuelled By Volvo, China’s Geely Seeks Launchpad To Enter Auto Giant Orbit
Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China’s first global auto giant. The…
Wei ZhangAutomotive
Geely Automobile Steps Toward Mainland China Listing
Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China’s Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday. The Zhejiang-based automaker is…