Chinese AI startup StepFun to unwind offshore structure to pave way for IPOShanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...
13 Apr, 2026, 01.19 PM IST
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...
04 Feb, 2026, 10.50 AM IST
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...
15 Jul, 2025, 04.53 PM IST
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...
15 Jul, 2025, 04.51 PM IST
Volvo Veteran Hakan Samuelsson back as CEO for 2-year termVolvo Car is among the European carmakers vulnerable to new 25% tariffs set to be imposed by the US next week on all imported passenger veh...
31 Mar, 2025, 01.00 AM IST
First TikTok, now automakers. Does Volvo’s Chinese ownership threaten US national security?Volvo Car AB faces potential restrictions in the US market due to new regulations aimed at blocking Chinese entities from selling connected...
28 Jan, 2025, 11.32 AM IST
China EV makers woo buyers with in-car beds, kitchens and dronesChinese carmakers are adding innovative features to electric vehicles, including Xpeng's G9 SUV with a sleeping kit, Geely's Galaxy E8 seda...
11 Mar, 2024, 05.49 PM IST
China's BYD prices new version of best-selling EV lower than predecessorChina's leading EV maker BYD engaged in a price war with Geely Auto and Tesla by launching the new Atto 3 at a lower price. The starting pr...
04 Mar, 2024, 09.49 AM IST
Renault, Nissan aim to announce deal on reshaped alliance on Feb 6: SourcesLeaders of the two companies were meeting via video link for an alliance board meeting on Thursday following months of intense negotiations...
26 Jan, 2023, 05.41 PM IST
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...
28 Aug, 2021, 01.26 PM IST
Xiaomi to invest $10 billion in new EV unit over 10 yearsThe company's move into the EV industry follows similar steps by other tech giants, both in China and overseas.
30 Mar, 2021, 04.25 PM IST
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...
08 Jan, 2021, 12.23 PM IST
Biggest threat to 'Make in India': Chinese capturing India's automotive spaceThe biggest threat to Make in India could well be China as it threatens to dominate both the local market and where India traditionally exp...
24 Mar, 2018, 08.34 PM IST
- China's car exports zooms 28 per cent in first half
China, the world's top automaker, has exported 487,900 cars during the first half of this year.
22 Jul, 2012, 02.51 PM IST
- China's Geely completes takeover of Volvo
Geely Holdings formally completed its deal to buy Sweden's Volvo Cars from US auto giant Ford.
02 Aug, 2010, 03.14 PM IST
- Ford sells Volvo unit to China's Geely for $2 bn
Geely wants to gain insights into Western vehicle development and manufacturing through buying a European brand.
24 Dec, 2009, 03.59 AM IST
- Ford may sell Volvo unit to China’s Geely to stay afloat
Ford Motor Co, seeking to raise cash to avoid a federal bailout, is in talks to sell its Volvo Car unit to China’s Geely Automobile Holding...
06 Feb, 2009, 12.40 AM IST