Tag: Geely

Mar 27, 2019 - 03:31 pm

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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Mar 23, 2019 - 01:00 pm

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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Feb 25, 2019 - 02:10 pm

Daimler considering cooperation with Geely on Smart

Daimler is considering to finally cooperate with the Chinese manufacturer and the latest stakeholder Geely for the Smart successor models that are to be EV only from 2020. Concrete talks on technical cooperation are already underway.

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Feb 8, 2019 - 01:33 pm

Volvo searching for Polestar investors

Volvo is currently holding talks with Chinese and US investors to generate additional capital for its Polestar electric car brand. Meanwhile, the subsidiary has announced that the Polestar 2, the brand’s first all-electric model, will be officially presented on February 27.

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Jan 31, 2019 - 01:12 pm

UK company LEVC lays off 70 employees

The London Electric Vehicle Company (LEVC) is to lay off 70 temporary employees, according to information from the BBC. Reasons were not given, but it is likely that Brexit has played a role.

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Jan 17, 2019 - 02:01 pm

LEVC: Jörg Hoffman to follow Chris Gubbey

The London Electric Vehicle Company (LEVC), which belongs to the Geely Group, will soon be managed by a German. After the current CEO Chris Gubbey announced his retirement, LEVC appointed the former Audi- and GM-Manager Jörg Hofmann as his successor.

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Jan 9, 2019 - 04:11 pm

LEVC delays new electric van

The London Electric Vehicle Company (LEVC) is postponing the launch of its planned new electric delivery van. The new vehicle should have come out at the end of 2019, but will only be “ready for the market at the beginning of the 2020s”. LEVC already published a first photo of the EV in May 2018.

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Jan 2, 2019 - 01:48 pm

Geely & CATL found battery JV in China

The vehicle manufacturer Geely is founding a joint venture with the battery cell manufacturer Contemporary Amperex Technology (CATL). The joint venture will be called CATL Geely Power Battery and will launch with a starting fund of one billion Yuan (130 million euro) by the two partners.

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Oct 18, 2018 - 02:26 pm

Paris grants permission for launch of LEVC’s black cab

Geely-owned London Electric Vehicle Company (LEVC) will bring its electric taxi with range extender to Paris. A permit for the black cab has now been granted by the Paris authorities. The French capital is expected to receive the model called TX in the first half of 2019.

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Oct 9, 2018 - 04:55 pm

Daimler & Geely planning ride-hailing service in China

Geely has gone from acquisitions to creating something with those firms it gathered in hand. Insiders told Bloomberg of a new joint venture in the making that would see Daimler and its 10%-stakeholder Geely set up a ride-hailing service in China, possibly using Denza EVs.

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Oct 5, 2018 - 04:22 pm

First Polestar 1 electric cars rolling off the lines (video)

Volvo’s electronic performance brand Polestar has finally begun making their first vehicle, the Polestar 1, which they had introduced a year ago. Yesterday, Polestar announced having completed 34 of the electric supercars in Sweden – as a handmade series for testing.

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May 30, 2018 - 01:04 pm

Geely presents wide-ranging electric vehicle strategy

Geely is on course to electrify no less than 90 per cent of its lineup by 2020 and has now specified said evolution. Their new energy strategy ‘Geely Intelligent Power’ outlines 30 novel electric and hybrid models, with NEVs boasting a range over 500 km. Plus, Geely looks 5 years ahead technologically.

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May 12, 2018 - 08:16 pm

Geely & Maxwell seal tech cooperation

The Chinese car manufacturer Geely has set up a technology partnership with Maxwell Technologies focusing on the integration of ultracapacitors and advanced power conversion electronics into Geely’s global electrified vehicle lineup.

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Apr 26, 2018 - 05:18 pm

Geely presents Icon and Borui GE in Beijing

Geely has introduced their SUV concept Icon at the Beijing Motor Show, which is built upon the Volvo XC40 platform and is thus well-prepared for electric or plug-in hybrid transmissions. They also presented the new sedan Borui GE, which is powered by a PHEV motor from Volvo.

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Apr 20, 2018 - 06:36 pm

Daimler working on cooperation with Geely

Daimler is currently evaluating cooperation options with the Chinese Geely. They are analyzing potentially releasing an EV platform, among other things, which could be sold to other manufacturers.

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Mar 27, 2018 - 01:17 pm

Lynk & Co present model 02 and preview 03 for China

The Geely brand Lynk & Co has revealed the design for their second model 02 in Amsterdam. The crossover SUV will be available in Europe as a PHEV as of 2020, and a purely electric version is to follow. Production will be set in Belgium.

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Feb 25, 2018 - 06:38 pm

Geely now largest shareholder of Daimler

China’s Geely has bought almost ten percent in Daimler shares, thus becoming the company’s largest shareholder. Geely founder Li Shufu said in a statement he is “particularly pleased to accompany Daimler on its way to becoming the world’s leading electro-mobility provider.”

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Feb 21, 2018 - 03:13 pm

Geely to issue 20 plug-in models by 2020

Chinese Geely has lined up 20 new energy vehicles to be released before the end of the decade. Two electric as well as two PHEV models are to launch this year in China in an effort to electrify 90% of the range.

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Feb 7, 2018 - 02:30 pm

Polestar to put out more PHEVs + prices Polestar 2

Demand for Volvo’s dedicated arm for premium plug-ins, Polestar, is on the up. After receiving thousands pre-orders for its first model, a 600 hp PHEV, Polestar is mulling to increase production. Also, very competitive pricing for the Polestar 2 has been released.

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Feb 6, 2018 - 06:13 pm

Geely interested in Daimler stock

The rumors have turned out to be true: Chinese vehicle producer Geely has revealed their strategy through an insider, who spoke to Reuters. Apparently the Chinese producer aims to purchase some of Daimlers’ battery technology through the acquisition of company stock.

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Jan 24, 2018 - 01:56 pm

Geely, Via Motors to make electric truck (REx)

Geely’s New Energy Vehicle subsidiary is joining forces with VIA Motors to develop a medium-duty electric truck with Volvo range extender. Software and systems control will come from Via and the e-truck is to launch in China and the Americas by 2019.

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Found on electrive.com
https://www.electrive.com/2019/03/27/daimler-considers-selling-50-of-smart-to-geely/
27.03.2019 15:12