Geely and Farasis have started building a new factory in China as part of their battery joint venture. The new production facility will initially be designed for an annual capacity of 12-gigawatt hours. The final capacity will be up to 30 GWh.
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The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has signed a supply agreement with Geely New Energy Commercial Vehicle. Under the agreement, Gotion will supply battery cells for around 126,000 Geely light commercial vehicles such as minivans and light trucks between 2022 and 2024.
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455,000 New Energy Vehicles were sold in China in March, 122.4 per cent more than in the same month last year and 43.6 per cent more than in February 2022, making March the strongest month of 2022 so far.
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Within the framework of the annually updated ‘Electromobility Report 2022’ of the Center of Automotive Management (CAM), Tesla scored best by a clear margin. Volkswagen and Hyundai follow in second and third place for BEV innovations.
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The former Daimler compact car subsidiary Smart has completed its reorientation with the presentation of its newest electric vehicle: Alongside the iconic two-seaters, Smart will build the small electric SUV ‘#1’, for which the technical data is now also available following the premiere in Berlin.
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Polestar has announced the market launch of the all-electric Polestar 2 Long range Single motor fastback in the United States. Available to order online, the single-motor Polestar 2 starts at prices of $45,900, or as low as $33,400 after qualified federal and state incentives.
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Volvo Cars plans to assemble its all-electric XC40 Recharge in Malaysia later this year. In addition to the local market, the electric car from Malaysia will also be exported to other Southeast Asian markets.
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In February, 317,000 New Energy Vehicles were sold in China. Compared to the same month last year, sales increased by 189 per cent. The ratio of plug-in hybrids and battery-electric cars within the NEV category remained nearly constant.
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Before its planned listing on the US stock exchange Nasdaq in the second half of this year, the electric car manufacturer Polestar has announced that it will expand its supervisory board. Some heads from Volvo will join the board – and ex-Opel CEO Karl-Thomas Neumann.
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With the project name Polestar O2, the Swedish electric car brand has presented the concept of an electric convertible. The Polestar O2 takes up the design language of the Precept. The brand is not yet making any statements about possible series production.
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The Geely brand Lotus wants to float its technology division Lotus Technology on the stock market in the next twelve to 24 months to raise capital for its electric campaign. It has not yet been decided whether the IPO will be carried out in Asia, London or New York, while the type of IPO is […]
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The London Electric Vehicle Company has appointed three more dealerships in Spain. Opening in Bilbao, Malaga and Valencia, the new franchises extend LEVC’s reach in Spain to now five centres, following the appointment in 2021 of Ronda 15 in Barcelona and Auto Elia in Madrid.
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In China, 412,000 new energy vehicles (NEVs) were sold in January 2022. This was 141 per cent higher than in January 2021 for electric cars, plug-in hybrids and fuel cell cars, with battery-electric cars, in particular, making gains.
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Daimler AG has renamed itself Mercedes-Benz Group AG as of 1 February 2022. With the renaming of Daimler, the company completes its realignment. However, the stake in Smart could soon decrease.
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Only about three months after the start of production, Geely’s premium electric brand Zeekr has reported the production of the 10,000th unit of its debut BEV 001. In addition, further details about the production technology at the Ningbo plant have been revealed.
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Baidu and Geely are investing a total of around 400 million US dollars in their electric car joint venture Jidu Auto. The money will go towards the development and series production of Jidu’s first “robot car”. The model is to be presented at the Beijing Auto Show in April this year and go on sale […]
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Chinese car company Geely has set up a joint venture with Lifan Technology, a vehicle manufacturer it controls, to build a battery swap ecosystem for electric cars. The first compatible car is to be launched in February.
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Britishvolt has secured a £100 million grant from the UK government’s Automotive Transformation Fund for its planned battery cell factory in Blyth, Northumberland. In addition, there is probably a first potential customer.
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Polestar is now launching its Polestar 2 on the South Korean market. Prices for the electric sedan start at 54.9 million won for the single-engine version and 57.9 million won for the dual-engine variant. Orders are available now and deliveries are scheduled to begin in mid-March.
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The electric car brand Polestar has sold 29,000 vehicles worldwide in 2021, reaching its sales target. Compared to the previous year, sales increased by 185 per cent.
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In China, around 3.3 million New Energy Vehicles, meaning battery-electric cars and plug-in hybrids, were sold last year. December was also a new record month with 505,000 NEV cars.
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Chinese premium electric brand Zeekr, which belongs to the Geely Group, plans to offer its first model in the EU from the beginning of 2023. By 2025, the brand wants to expand its range to seven models and export a total of 100,000 vehicles.
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Zeekr and Waymo are working together on a purely electric and fully autonomous ride-hailing vehicle. This will be an electric minivan that will be used primarily in the USA.
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Polestar is developing a new electric motor and battery pack with an 800-volt system, according to a media report. The drive system, which is to be used exclusively by Polestar, could make its debut in the Polestar 5.
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With Nio, Xpeng and the Geely brand Lynk & Co, three more Chinese manufacturers have joined the Volkswagen Group’s open CO2 pool in the EU for 2021 and 2022 – despite Volkswagen’s assurances that it is compliant with the required fleet target values for 2021.
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In November, sales figures for New Energy Vehicles reached a new high for the year. Over the course of the month, 429,000 NEVs were sold, which significantly exceeds the previous record from October (368,000 vehicles).
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Volvo and Polestar are each working on an all-electric compact SUV, according to a British media report. However, according to the report, these will not be based on the same platform, but will each be independent. However, questions remain.
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Polestar has previewed the final design of the Polestar 5 in a documentary series on Youtube. The electric four-door performance GT based on the Polestar Precept study is scheduled for market launch in 2024.
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The electric car brand Polestar aims to increase its annual sales to 290,000 vehicles by the end of 2025 with expansion in existing and new markets and the introduction of three new models. By the end of 2023, Polestar should already be present in 30 markets – currently there are 14.
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The Geely subsidiary Farizon Auto has just presented an electric semi-trailer truck called Homtruck with an architecture that can carry different zero-emission powertrain options. Production start and first deliveries are planned for early 2024.
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