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 …
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 …
Zhejiang 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 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 …
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 …
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