Jidu Auto, an electric vehicle venture between Baidu and Geely, aims to invest 50 billion yuan ($7.70 billion) into producing smart cars for the next five years, its CEO Xia …
Geely
Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external …
- GeelyVolvo
Volvo Cars to review options including IPO and stock market listing
by SpeedLuxby SpeedLuxZhejiang Geely Holding said on Wednesday its unit Volvo Cars would explore capital market options such as a potential initial public offering (IPO) and stock market listing. Geely purchased Volvo …
- Geely
Geely Automobile plans new EV unit after profit fell by a third last year
by SpeedLuxby SpeedLuxGeely Automobile Holdings said on Tuesday it and its parent Zhejiang Geely Holding Group will establish a joint venture for electric vehicles (EV) and introduce a new brand called Zeekr. …
Volvo Cars will get rid of all car models with internal combustion engines by 2030, including hybrids. The automaker is also preparing to invest heavily in online sales and simplifying …
Chinese automaker Geely Holding prepares to bring flying car which will be developed by its aviation branch Wofei Changkong Technology with German air taxi developer Volocopter in China in about …
Baidu Inc and Geely Holding hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture. Baidu last month had said it …
Baidu has appointed a CEO and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding, the Chinese search engine giant said on Thursday. Robin Li, …
China’s Zhejiang Geely Holding, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings to develop smart vehicle cockpit and …

