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GEELY ELECTRIC VEHICLES
From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensiveHyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, t...
China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
Tesla, eight other automakers recall record 4.3 million vehicles in ChinaTesla and eight automakers are recalling 4.3 million vehicles in China. This recall addresses concerns about doors being difficult to open ...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
Ford and Geely in talks for manufacturing, technology partnership, sources sayThe companies are in talks to have Geely use Ford factory space in Europe to produce vehicles for the region, three people familiar with th...
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuationGeely Automobile is set to take its premium EV unit, Zeekr, private at a $6.83 billion valuation, streamlining its business amid a price wa...
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuationUnder the agreement, Geely will acquire the remaining stake it does not already own for $2.687 per share, or $26.87 per American depositary...
China's Baidu, Geely say 'huge changes' in EV landscape behind cutsBaidu and Geely's electric vehicle venture, Jiyue, is cutting staff and operations due to industry changes. The companies cited a challengi...
How Volvo landed a cheap Chinese EV on U.S. shores in a trade warVolvo's EX30, a China-made EV, challenges Tesla with Geely's cost-efficiency and Volvo's quality. It symbolizes China's EV dominance, U.S. ...
Geely's EV brand Zeekr raises $500 million in first external fundingInvestors would jointly hold 5.6% stake in Zeekr, valuing the Chinese electric car maker at around $9 billion. The company doesn’t currentl...
Baidu's Jidu Auto to invest $7.7 billion in 'robot' smart carsXia Yiping said on Friday that the funding would come from Baidu and other investors and Jidu would aim to launch its first electric vehicl...
China's Baidu to create an intelligent EV company with automaker GeelyGeely will also be a strategic investor in the new company, which will be an independent subsidiary of Baidu.
Baidu plans smart EV company, to make cars at Geely plant: SourcesChina's Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturi...