Geely
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The first vehicle based on Geely's new SEA modular EV platform will be a hatchback from Lynk & Co.
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Mercedes, Volvo parent companies to jointly develop gas engine for hybrid applications
Daimler and Geely Holding are developing next-generation hybrid powertrains.
Viknesh Vijayenthiran -
Geely previews EV modular platform destined for future Volvos
Geely's new dedicated EV platform can deliver a range of over 400 miles and will spawn its first model in 2021.
Viknesh Vijayenthiran -
Geely reportedly eyes Aston Martin stake
Aston Martin would sit alongside Lotus, Smart and Volvo in Geely's portfolio of western car brands if the deal goes ahead.
Viknesh Vijayenthiran -
Daimler and Geely launch premium ride-hailing service in China
German auto giant Daimler and its Chinese shareholder Zhejiang Geely Holding Group have joined forces to take on the booming ride-hailing market in China, which is currently dominated by Didi Chuxing. The two automakers on Tuesday established a 50:50 joint venture to offer various mobility...
Viknesh Vijayenthiran -
JLR keen on Geely, BMW partnerships
Jaguar Land Rover has reportedly reached out to BMW and Chinese company Geely as possible partners, likely for electric vehicle and/or autonomous driving technology.
Byron Hurd -
Volocopter's flying taxi service could be in operation soon, but with a pilot on board. Fully autonomous flights won't be ready for another 5-10 years, according to a company co-founder.
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Geely launches Geometry EV brand with Tesla Model 3 rival
Geely has launched the global EV brand Geometry as an alternative to Tesla and plans to add as many 10 models by 2025.
Viknesh Vijayenthiran -
Future Smarts to be built in China in joint venture with Geely
Daimler and Geely will form a 50:50 joint venture in China to oversee development and production of future cars from Smart, the first of which are due in 2022.
Viknesh Vijayenthiran -
Geely to develop hyperloop-style supersonic train
Zhejiang Geely Holding Group, the Chinese automaker that controls the Volvo and Lotus brands, on Tuesday announced plans to develop a hyperloop-like train capable of supersonic speeds. That means in excess of 767 mph. The train will use magnetic levitation to eliminate ground friction and vacuum...
Viknesh Vijayenthiran -
Geely purchases Utah Motorsports Campus
Geely has bought itself a race track. The Chinese automaker announced Monday it has completed the purchase of the Utah Motorsports Campus, formerly known as the Miller Motorsports Park. The Toole County Commissioners has said it agreed to sell the motorsports park to Mitime Utah Investment LLC for...
Sean Szymkowski -
Geely and Toyota in talks over hybrid tech
Toyota and Geely are in talks over possible cooperation in the area of hybrid technology, the automakers confirmed Thursday to Reuters. The confirmation comes after media reports in China claimed the two were already working together on hybrid tech and were due to make an announcement soon...
Viknesh Vijayenthiran -
China's Zhejiang Geely Holding Group is prepared to invest the necessary funds to make Lotus into a world-beating luxury and sports car brand. If Geely has its way, Lotus will be England's Porsche. And the Chinese automaker could dump as much as $2 billion into the brand to begin the process. According to a Bloomberg report published Thursday, Geely is considering the massive investment amount to add new Lotus facilities in the United Kingdom. Sources close to the plans said Geely is in talks with its Malaysian partner Etika Automotive Sdn Bhd. to purchase more than the 51-percent stake in...
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Geely Group Motorsport partner Cyan Racing switches from Volvo to Lotus cars
Chinese holding company Zhejiang Geely in March established the new division Geely Group Motorsport to oversee motorsport activities for its growing list of brands, which includes the likes of Volvo, Polestar and Lotus. And on Thursday, Geely named Swedish race team Cyan Racing as the official...
Viknesh Vijayenthiran -
Lotus planning more than one SUV
It's a brave new world. As automakers bend to consumers' love of utility vehicles, numerous brands have jumped aboard the SUV bandwagon—even Lotus. We knew the British sports car brand, now owned by China's Geely, had one SUV in the works, but there will be more than one. That's according to...
Sean Szymkowski -
2018 Lynk & Co. 03 spy shots
Chinese automaker Geely in 2016 launched the new brand Lynk & Co. with a compact SUV called the 01. A prototype for Lynk & Co.’s second model, a compact sedan, has now been spotted. The car is called the 03 and was previewed during April's 2017 Shanghai auto show by a concept of the...
Viknesh Vijayenthiran -
Mercedes overtakes Toyota as most valuable car brand in influential study
Mercedes-Benz is now the most valuable automotive brand in the world. That's according to the latest study conducted by Brand Finance. The German automaker edged out Toyota and bested rival BMW for the top spot on this list. Brand Finance says that Mercedes managed an impressive 24 percent...
Jeff Glucker -
Geely buys 9.7 percent of Daimler in $9B deal
Having just acquired Terrafugia, Lotus, and a sizable stake in Proton, holding company Zhejiang Geely’s international buying spree doesn’t look to be slowing down yet. Mercedes-Benz parent company Daimler on Saturday confirmed that Geely, which also owns Volvo and Lynk & Co., plus...
Viknesh Vijayenthiran -
Not to be left out of the push for electric and electrified commercial vehicles, Volvo Trucks announced Tuesday that it will begin selling electric trucks in Europe in 2019. The company sees its electric trucks as a way to not only reduce pollution but also alleviate traffic congestion and improve logistics. Volvo Trucks, a separate entity to the Volvo car division, did not provide any details surrounding batteries or the electric powertrain, but said the electric trucks will help reduce noise pollution and could allow drivers to operate at night after peak traffic hours. They will be shorter...
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Geely buying spree continues with $3.26B stake in Volvo truck manufacturer
After adding Lotus, Terrafugia and a sizeable stake in Proton to its portfolio last year, holding company Zhejiang Geely is ringing in the new year with an 8.2 percent stake in AB Volvo, the maker of Volvo trucks and buses. Zhejiang Geely on Wednesday agreed to buy the stake from investment firm...
Viknesh Vijayenthiran -
Lotus wants to take on Ferrari with new models
Lotus is best known for its track-focused vehicles as of recent, but one day, the brand's new Chinese owner wants it to rival Ferrari and Porsche. So said the chief of Geely, An Cong Hui, whose company in May took a majority stake in Lotus, along with a major stake in Lotus parent company Proton...
Sean Szymkowski -
Terrafugia sold to Geely, promises flying car by 2019
Zhejiang Geely, the Chinese holding company that controls the Volvo, Lynk & Co., Geely and Lotus brands, announced on Monday plans to fully acquire American flying car startup Terrafugia. Terrafugia, based in Boston, Massachusetts, became one of the first firms in the flying car space when it...
Viknesh Vijayenthiran -
China’s Geely completes acquisition of Lotus
Zhejiang Geely Holding Group in May agreed to purchase 51 percent of Lotus, giving the Chinese automaker a sports car brand to sit alongside its other brands which include the likes of Volvo, Lynk & Co. and Geely. Geely Holding on Friday closed the deal which sees the remaining 49 percent of...
Viknesh Vijayenthiran -
Lotus shocks, heads toward profitability as fiscal year closes
Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited's operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and...
Sean Szymkowski