Volvo, Polestar owner partners with NIO for EV battery swapping
Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
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Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
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Just over two months after announcing a restructuring of its business partnership to bring its AI-powered 01 ROBOCAR to market, Geely and Baidu have officially launched the futuristic autonomous EV in China. The 01 arrives as the world’s first consumer vehicle featuring Baidu’s full Apollo suite of Level 4 autonomous driving solutions.
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A mere two years after its inception, Baidu’s robotic- and AI-centric EV brand JIDU is getting a rebranding with the help of Geely – previously a minority stake holder increasing its role to help get the partnership’s flagship model into production this year. Introducing JI YUE.
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A new fully electric pickup is headed for international markets. And no, it’s not a Rivian or a Ford. China’s own Zhejiang Geely Holding Group (Geely Group) announced its first batch of electric trucks for export rolled off the assembly line Tuesday.
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A Chinese electric car designed for battery swapping has dropped its entire battery pack while driving down the road.
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Niche performance automakers Lotus Cars and Renault Group subsidiary Alpine have announced that after two years, they are no long co-developing an all-electric sports coupe that was slotted to replace the combustion-dependent Alpine A110. Here’s the latest.
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Volvo and Polestar owner Geely announced it had raised its stake in the iconic British luxury automaker Aston Martin to 17% as part of a new relationship agreement.
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Chinese EV maker ZEEKR officially unveiled its new “X” electric SUV in China Wednesday. With up to 348 miles range and a surprisingly low starting price of around $28,000 (189,800 yuan), the ZEEKR X is set to take on a surging Tesla, among other luxury automakers, in China before it launches in Europe.
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Lynk & Co, a high-end market brand from Geely (the parent company of Polestar and Volvo), is preparing to enter the US with its first EV due out next year.
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Geely, the owner of Polestar and Volvo, is launching a new “high-end electrified product series” in a bid to take on the top EV contenders like Tesla and BYD. The first fully electric vehicle from the sub-brand is slated to launch before the end of the year.
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Geely Holding group announced that its all-electric brand ZEEKR has welcomed a $750 million Series A funding round led by major companies like battery giant CATL. Upon completion of the five member investment, ZEEKR will be valued at $13 billion as it looks to expand to new markets in Europe and a possible IPO in the US.
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Young Chinese EV brand ZEEKR is looking to significantly expand its sales and global footprint in 2023, according to an internal letter outlining several of the Geely-owned marque’s goals. In addition to introducing two new EV models this year, ZEEKR is planning to enter key markets in Europe. It makes us wonder if the US could soon be next.
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The iconic Lotus brand is going public on the US Nasdaq exchange under the ticker LOT as the pioneering luxury EV maker looks to become a global competitor.
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The owner of Polestar and Volvo brands, Geely, is teasing a new electric sedan set to debut later this year officially.
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Chinese automotive conglomerate Geely Group has posted its annual sales results for 2022, which accounted for more than 2.3 million vehicles sold and nearly 5% growth overall. Although not all of those sales were all-electric models, EVs accounted for nearly a third of them. Here’s how each of the Group’s EV brands performed in 2022.
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Luxury EV brand ZEEKR appears poised to be the next Chinese automaker to enter the US stock market by confidentially filing for an IPO. An influx of US cash could certainly aid the Geely Auto-owned brand in its plans to expand to Europe and North America, especially if it hits the $10 billion valuation it is reportedly seeking.
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Less than six months after Geely Group announced a new outdoors-centric marque called Radar Auto, the nascent brand has launched its first electric pickup truck in China – the RD6. Production is officially underway overseas and order books have opened, starting at an MSRP around $25,000.
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Chinese automaker Geely Auto released strong first-half 2022 results today, showing a massive surge in EV sales. The automaker continues growing its electric segment, with pure electric vehicle sales surging 520% from 2021.
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During its inaugural partner’s conference in Shanghai, autonomous-centric robotic car brand JIDU shared details of its lofty production expansion goals overseas. Furthermore, the CEO of parent company Baidu, said JIDU’s autonomous driving technology will “lead the Tesla generation.”
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Rivian did it first, Ford did it the biggest, and now China is next. Geely Auto is entering the nascent electric pickup truck segment with an entirely new brand called Radar Auto. The new outdoors-centric marque officially launched today along with images of its flagship EV called the RD6. In addition to electric pickups, Radar also has plans for SUVs and ATVs.
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Just over a year after being founded, intelligent EV startup JIDU is on the cusp of officially unveiling the concept of its first vehicle, referred to as the “Robocar.” Following delays due to COVID-19 restrictions in China, JIDU announced the EV concept will debut at its ROBODAY event in June.
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UK-based sports car manufacturer, Lotus Cars, has officially unveiled details of its long-teased “Type 132” electric SUV. Today, the brand announced the EV will be dubbed the Eletre (pronounced “El-etra”) – calling it the “world’s first hyper-SUV.” We now have a slew of new specs and features to ponder.
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Chinese multinational automotive company, Geely, has shared a recent update from its Technology Group subsidiary showing battery swap capabilities integrated into what it calls Heavy Goods Vehicles (HGVs). The battery swap stations operate under the same concept as passenger EVs, but use a different swap method without having to lift the hefty construction vehicles.
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Intelligent EV startup JIDU announced a closed round of Series A funding that raised nearly $400 million dollars. The financing was led by JIDU’s parent company Baidu Group, and its business partner Zhejiang Geely Holding Group – the largest auto manufacturer in China. JIDU plans to use the funds for R&D of its teased “Robocar” concept, aiming for mass production in 2023.
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