DPD UK ahead of electrification schedule
The parcel service DPD now has over 700 electric vehicles in use in the UK, and has thus reached its target of electrifying ten per cent of its UK fleet five months earlier than planned.
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Daimler in talks to sell French Hambach plant
Daimler plans to sell its plant in Hambach, France, where they build the Smart electric vehicles. In 2018, Daimler had announced that the factory would also make a compact model of the electric car brand EQ, presumably the EQB.
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Geely-owned Terrafugia completes eVTOL test flights
Terrafugia, the aircraft developer Geely took over, presented a prototype of its all-electric vertical take-off plane TF-2A and says they have undertaken test flights already. Terrafugia has now also provided the first key technical data on the aircraft.
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China’s EV market is recovering slowly
In China, 55,829 battery-electric cars and 14,370 plug-in hybrids from local production were sold in May. The sales figures for so-called New Energy Vehicles were thus 25.8 per cent lower than in the same month last year, but 19.5 per cent higher than in April 2020.
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Geely brand Geometry reveals second electric car for July
After Geely presented its electric car brand Geometry and its first model Geometry A last year, the brand’s second model, the Geometry C, will be launched on the Chinese market in July.
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LEVC pauses supplier payments for April
The London Electric Vehicle Company (LEVC) has apparently stopped payments to suppliers for at least a month. The company has invoked a force majeure clause in its contracts due to the coronavirus crisis. LEVC’s business plan for this year remains unchanged.
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Maple 30x is a new low-cost EV from China
A new electric car brand launched in China named Maple. Maple is a joint venture between Geely and Kandi’s Fengsheng Automotive Technology Group. The brand’s first model, the Maple 30x, is to be launched at prices of less than 9,000 euros.
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Polestar launches serial electric car production in China
In Luqiao, China Polestar has kicked-off series production of the Polestar 2 BEV. The Volvo subsidiary’s all-electric car is to be launched on the European market first, with deliveries planned to start summer 2020 before coming to the US and China.
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Polestar sets up wholly-owned spin-off in China – Jixing
Volvo’s electric car brand Polestar registered a wholly-owned subsidiary in Shanghai on 11 March. Polestar calls its China spin-off Jixing Automobile and has tasked it with the wholesale and retail of vehicles and auto parts.
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Four Chinese cities are offering their very own EV grants
In order to stimulate the weakening sales of electric cars and plug-in hybrids, four Chinese cities are now temporarily offering their own purchase premiums for electrified vehicles produced in China by certain manufacturers.
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LEVC names their first electric transporter VN5
The Geely subsidiary LEVC has announced the name of its new e-transporter with range extender due for production this year. It’s called the VN5, where the number represents the five cubic meter load capacity. There are also further details about the van’s chassis.
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Egypt turns to China to build electric vehicle sector
Electric buses and electric cars are to be produced in Egypt in the future. The Egyptian government has now reportedly reached agreements with Foton and Geely respectively.
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LEVC to create 100 jobs in electric van production
The Geely subsidiary LEVC (London Electric Vehicle Company) wants to create 100 new jobs during the production of the new delivery van in Anstry near Coventry. Pre-series production of the PHEV transporter recently started. But the company also has ambitious plans with the well-known taxi model.
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LEVC to release hybrid-electric taxi in Japan
The UK Geely subsidiary LEVC is opening up a new market with its hybrid taxi, which combines an electric drive with a combustion engine as a range extender. The LEVC TX eCity has now been launched in Japan with the Fleetway and Service Company acting as the official importer and dealer.
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Mercedes & Geely joint venture for Smart ready to go
The China joint venture between Mercedes-Benz and Geely around Smart announced at the end of March last year has now been formally established with all relevant final approvals from Chinese authorities. The first electric Smart cars made in China are to be launched on the market in 2022.
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US market launch of Mercedes EQC delayed till 2021
Mercedes has postponed the US launch of its EQC by at least one year to 2021. The German carmaking giant says that this “strategic decision” is because it “first wants to meet the growing customer demand for the EQC in Europe”. Meanwhile, BAIC wants to double its stake in Daimler.
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CAM study reveals: German carmakers are most innovative
According to the study conducted by the Center of Automotive Management (CAM), when it comes to innovative strength, German carmakers maintain an international lead. Volkswagen is placed at the top of this ranking. This latest comparative study is the result of research among 38 car manufacturers.
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Geely & Volvo merge hybrid and ICE motors
Volvo Cars and its parent company Geely intend to merge the development and production of internal combustion engines and hybrid drives into an independent company to save costs and to focus on the development of an all-electric range of cars.
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Polestar reveals prices for its Polestar 2 electric car
The Volvo and Geely electric car subsidiary Polestar has published the final list prices for Polestar 2 in European countries where the Tesla Model 3 competitor will be launched. In the UK, for example, the base price is 49,900 GBP.
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Volvo confirms UK pricing for XC40 T5 plug-in hybrid
Volvo has released UK pricing and specifications for its new XC. Volvo retailers are taking customer orders now, with the first cars scheduled for UK delivery in February 2020.
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Lynk & Co. decide against Belgian production
The Geely brand Lynk & Co will produce its first vehicles for Europe in the second quarter of 2020 – not at the Volvo plant in Ghent, Belgium as originally planned, but in China.
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Volvo banks on Blockchain for cobalt transparency
Volvo wants to use blockchain technologies to increase transparency regarding the origin of the cobalt used in the batteries of their electric cars. The first project in China, the home country of Volvo’s mother company Geely, has now been launched.
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Lotus planning BEV versions for all future models
After the fully electric Hypercar Evija presented a few days ago, Lotus wants to introduce just one pure combustion sports car at the end of next year, after which every future model will also have a fully electric version.
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LG Chem and Geely form joint venture for batteries
LG Chem and Geely are forming a joint venture in China for the production of electric car batteries. The plan is to establish a factory that will have an annual production capacity of 10 GWh by the end of 2021 to supply batteries for Geely electric vehicles.
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Geely to release two new electric buses
Geely is extending the product range of their commercial vehicle brand Yuan Cheng with the fuel cell bus F12 and the battery electric bus C11. The F12 is expected to offer a range of more than 500 kilometres.
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Volvo & Polestar get separate U.S. EV tax credits
The fully electric Volvo subsidiary Polestar has qualified for the $7,500 federal tax credit in the USA separately from their mother company, meaning that each will be allowed to sell 200,000 vehicles before the credit runs out.
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No more Smarts in North America
At the end of the current model year, Daimler is to ends sales of the Smart in the USA and Canada, where the small car has only been available with an electric drive since 2017. In addition, Smart-boss Katrin Adt will assume a new management position within the Group as of 1 July.
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Geely subsidiary Geometry presents first BEV
Geely has introduced its first fully electric car brand, named Geometry, alongside its first model Geometry A. By the year 2025, ten electric models will be launched under the new brand in several segments, including sedans, SUVs and vans.
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Daimler considers selling 50% of Smart to Geely
Daimler is said to be about to sell half of its subsidiary brand Smart to its Chinese major shareholder Geely. The official announcement of the takeover of 50 per cent of the Smart shares is apparently going to take place before the Shanghai Auto Show in April.
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Volvo is tripling up on PHEV components
Volvo is seeing enormous demand for its electrified models and expects sales to rise even further by the end of the year. CEO Hakan Samuelsson, admitted that Volvo has underestimated demand but said they are “tripling the capacity”.
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