China’s Geely has been expanding beyond its home country over the past few years with acquisitions like Volvo. But now they plan to expand globally with their own vehicles – starting with an all-electric sedan.
China’s protectionist laws are currently being relaxed when it comes to electric vehicles, but there are still some rigorous restrictions. For example, Chinese electric vehicles need to be powered by Chinese batteries.
A new report now shows that Geely found a workaround for Volvo’s electric vehicles by using Korean batteries made in China and the competition isn’t happy about it. expand full story
Geely, China’s automotive giant, appears to want to get the most out of its acquisition of Sweden’s Volvo. After using some of the automaker’s engineering and manufacturing talent to set up Chinese operations, the company launched a new global brand, Lynk & Co, to produce hybrid and electric vehicles using Volvo’s own Compact Modular Architecture, on which the Swedish brand plans to launch its own first long-range EV by the end of the decade.
This week, we get a look at Lynk & Co second concept, which apparently has been unveiled early and ahead of the specs. expand full story
China has not only become the biggest automotive market in the world, but also the biggest electric car market in the world. In 2016 alone, the country more than doubled its fleet of electric vehicles to now over 600,000 cars – more than the US or all European countries combined. Yet, you probably haven’t heard much about the electric cars sold in volumes in China.
Here we take a look at 3 of the country’s best-selling all-electric vehicles. expand full story
Geely, an important Chinese automotive company behind London’s iconic black cabs, announced having raised $400 million through a green bond sale with the goal to electrify its taxi fleets (via Bloomberg). The money will go toward the development of the plug-in hybrid version of the classic 1958 FX4 black cab, now renamed TX5. expand full story