Infant luxury EV brand ZEEKR has officially begun rolling the first production models of its flagship 001 sedan off its assembly line in China. The brand exists under the Geely Holding Group umbrella, and will now begin the first deliveries of its first luxury EV to customers in China this weekend.
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Automotive conglomerate Geely has announced that it will exit as the majority shareholder of Zeekr, a premium EV brand launched in China earlier this year. By pulling out as majority shareholder, Geely now opens the door for outside financing in Zeekr. However, while Geely’s name may no longer be listed in any investor meetings at Zeekr, the automotive manufacturer is still very much tied to the EV brand and its future.
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Swedish automaker Polestar has announced that its upcoming performance SUV, the Polestar 3, will be built in the US and targeted at American consumers. The all-electric SUV will be manufactured at the Volvo Cars production center in South Carolina and supported by retail “Spaces” across the US.
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Auto manufacturer Geely plans to launch a new premium EV brand called Zeekr in China. Zeekr will exist as a separate brand and marketing strategy under the Geely umbrella. The automaker reportedly hopes to develop premium vehicles like Mercedes-Benz to compete with the likes of Tesla.
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EV automaker Polestar is now allowing prospective customers to book test drives of its Polestar 2 electric fastback. Its website now lets consumers arrange a visit to a retail location near them. Additionally, the company can also bring the Polestar 2 to your home or office, depending on where you’re located. So far, Polestar has a small retail presence in select US cities compared to other EV automakers.
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Mercedes-Benz has struggled with its smart car brand for a while now, but today it’s relaunching it as an electric car brand with Geely.
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Geely, a Chinese automotive giant with global aim when it comes to electric vehicles, has now launched Geometry, a new global all-electric vehicle brand, and unveiled its first vehicle: Geometry A, an all-electric “high-end sedan”.
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Daimler and Geely have announced a joint venture to make Smart cars in China, as a global all-electric brand.
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.
They unveiled the first image of the vehicle today.
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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.
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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.
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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.
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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.
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