The Lynk & Co brand was launched in 2016 by Geely and Volvo. Cars that will be positioned between Geely and Volvo cars should be produced under this brand. As it became known, a coupe-like crossover is being prepared for release, the first official images of which demonstrate to evaluate...
Volvo Cars has signed an agreement with its parent holding company to acquire Geely Holding’s stake in joint ventures in China with the aim of gaining full control of car factories and sales in the country. The acquisition of an additional 50% stake in Daqing Volvo Car Manufacturing Co., Ltd...
Chinese automaker Geely, owner of Volvo and a stake in Daimler AG, has begun selling the Geely Xingyue L, a large seven-seat crossover that was unveiled in April this year. The car is offered at a price of $ 22,850, while it offers very rich equipment, and in terms of...
Volvo Car Group acquired an additional stake in Polestar, increasing its stake in the electric vehicle manufacturer controlled by Volvo’s parent company Geely to 49.5%. This investment follows Polestar’s first round of external funding in April. Then they managed to get $ 550 million, having interested Chinese investors Chongqing Chengxing...
Chinese automaker Great Wall Motors is considering acquiring one of Daimler’s plants in Brazil as the company plans to expand outside China. The two automakers are in talks on a potential deal worth several hundred million dollars, according to people familiar with the situation. A Great Wall spokesman was unable...
Chinese automaker Geely, owner of Volvo and Daimler AG, has unveiled the Geely Vision Starburst concept car, in which designers thought about space and the birth of a new star. Geely said the company tried to make the front end as visually striking as possible. The front grille and air...
Chinese automaker Geely, owner of Volvo and Daimler AG, has announced prices for the large seven-seat Geely Xingyue L crossover, which was unveiled in mid-April. In China, a car costs between $ 23,150 and $ 29,340, depending on engine and equipment. Geely’s large premium crossover turned out to be cheaper...
Chinese automaker Geely, which owns Volvo and has a stake in Daimler AG, has submitted the necessary documents to the Ministry of Industry and Informatization of the People’s Republic of China to bring the new sedan of the Geely Emgrand line to the market. We now have the first images...
LMC Automotive estimates that China will produce more than 8 million electric vehicles annually by 2028, up from about 1 million electric vehicles last year. At the same time, in Europe by 2028, only 5.7 million all-electric cars will be produced per year. North American manufacturers are still far behind....
Chinese automaker Geely, owner of Volvo and Daimler AG, has unveiled the new Geely Icon compact crossover. The new Geely Icon features a distinctive design and 17- or 18-inch wheels. The special version of the Geely Icon Spring Limited Edition has received bright orange accents on the body and improved...
Chinese automaker Geely, owner of Volvo and Daimler AG, has unveiled the Geely Emgrand S compact crossover, which offers great equipment at a very affordable price. Geely Emgrand S became a modified version of Geely Emgrand GS, which received new bumpers, mirrors, headlights, radiator grill and other elements. The length...
Chinese automaker Geely, which owns Volvo and has a stake in Daimler AG, has unveiled the Geely Xingyue L, a large seven-seater crossover that will be shown at the Shanghai Auto Show. The overall dimensions of the Geely Xingyue L are 4770 x 1895 x 1689 mm with a wheelbase...
Geely has unveiled the new Geely Vision X3 Pro compact crossover, due to go on sale in China next week. The price should be around $ 7,600. The Geely Vision X3 was launched on the market in 2017, and the manufacturer updated the line twice in 2019 and 2020. Now...
Having previously founded the Geometry, Lifan and Maple sub-brands, Geely recently announced the creation of another Zeekr Smart Technology Co brand that will focus on electric vehicles. Now the first car of the brand has been announced with the name Zeekr 001. The first two letters in the brand name...
China’s Zhejiang Geely Holding Group said it and Foxconn are in talks to provide contract manufacturing services to electric vehicle manufacturer Faraday Future. Geely said it has already signed a framework agreement to provide technology and engineering support to Faraday Future. In addition, Geely has become a minority investor in...