Navitas and SHINRY open R&D lab to advance EV power systems
January 26, 2024
Navitas Semiconductor has teamed up with Chinese EV battery specialist SHINRY to launch a new research facility.
Polestar aims to accelerate growth in China with new JV
June 20, 2023
The Swedish electric performance car brand is entering into a strategic joint venture for the Chinese market with technology company Xingji Meizu Group.
onsemi and Zeeker ink long-term supply deal for SiC power devices
April 26, 2023
onsemi and electric mobility brand Zeeker have entered into a long-term supply agreement under which onsemi will provide its EliteSiC silicon carbide power devices to increase the powertrain efficiency of Zeeker's smart EVs.
Global NEV sales reach 2.19 million units in 2Q22
August 17, 2022
The new car market remained under the shadow of supply chain shortages and the pandemic in 2Q22 but new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) still outperformed gasoline vehicles and maintained positive growth.
ROHM and Geely signs strategic partnership agreement
September 08, 2021
The global semiconductor manufacturer ROHM has entered into a strategic partnership with Geely Automobile Group Co., Ltd. to develop advanced technologies in the automotive field.
Volvo to take full ownership of its Chinese manufacturing and sales operations
July 21, 2021
Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely's stake in the parties joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country.
Volvo and Geely to create joint powertrain operations
July 08, 2021
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier announced plans to merge these into a new, stand-alone business.
Swedish electric SUV to be manufactured in the USA
June 17, 2021
Polestar, Volvo Cars premium electric car brand, says that its first all-electric SUV will be manufactured in the United States.
Polestar raises $550 million from new investors
April 15, 2021
Swedish electric car company Polestar, controlled by Volvo and its parent company Geely, has recently has raised USD 550 million from a group of long-term financial investors. And, the company is considering further fund raising.
Geely and Foxconn form joint venture
January 13, 2021
Geely Holding and Foxconn are looking to establish a joint venture company to provide OEM and customised consulting services – providing whole vehicles, parts, intelligent drive systems and automotive ecosystem platforms to global automotive companies.
Volvo Cars to produce electric motors in central Southern Sweden
December 09, 2020
The company says it will assemble electric motors at its powertrain plant in Skövde, Sweden, and plans to establish complete in-house e-motor production by mid-decade.
Polestar 2 production begins in Luqiao, China
March 30, 2020
Production of Polestar 2 has officially begun in Luqiao, China. The new electric performance fastback is the first electric vehicle to be produced by the facility.
Geely enters satellite industry with production & testing centre
March 05, 2020
Geely has started the construction of an intelligent satellite production and testing centre to facilitate in Taizhou, China, to be used for autonomous driving solutions.
Volvo and Geely considers a combined company
February 12, 2020
Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies.
Coming soon to a sky near you: Volocopter
October 25, 2019
Micron Ventures, the investment arm of Micron Technology Inc., has led a USD 55 million Series C investment round in urban air-mobility (UAM) pioneer Volocopter.
Volvo Cars and Geely to merge combustion engine operations
October 07, 2019
Volvo Cars and Geely says they intend to merge their existing combustion engine operations into a stand-alone business that will seek to develop next generation combustion engines and hybrid powertrains.
Geely & LG Chem to set up JV to produce batteries in China
June 13, 2019
Shanghai Maple Guorun, an indirect 99% owned subsidiary of Geely Automobile, the listed arm of Geely Auto, are establishing a new joint venture partnership with LG Chem of South Korea.
Volvo inks battery supply deals with CATL and LG Chem
May 15, 2019
Volvo Car Group says that it has signed long-term agreements with battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium ion batteries over the coming decade.
Polestar 2 puts focus on China with manufacturing site
April 15, 2019
At the Chinese debut of the Polestar 2 in Shanghai, Polestar confirmed that production of the new electric performance fastback will take place in Luqiao, Zhejiang Province, from early 2020.
Daimler & Geely form JV to make smart an all electric carmaker
March 28, 2019
The German automotive group and Zhejiang Geely Holding Group are teaming up to form a 50-50 globally focused joint venture to own, operate and further develop the smart brand.
Geely team up with China aerospace firm to develop supersonic trains
November 06, 2018
Zhejiang Geely Holding Group says it has signed a strategic framework agreement with China Aerospace Science and Industry Corporation (CASIC) to cooperate on the development of supersonic trains and related technologies.
Garmin's camera platform selected by Chinese auto company Geely
November 02, 2018
Garmin International, Inc., a unit of Garmin Ltd., says that Geely Auto Group has selected Garmin to provide its camera technology and driving recorder systems for multiple Geely vehicle models beginning in the year 2020.
Delphi starts Chinese production of CIDD
September 27, 2018
Delphi Technologies says that its facility in Suzhou, China has started fully localised production for their Combined Inverter and DC/DC Converter (CIDD) and commenced deliveries to Geely.
Smart Eye and Geely team up to make semi-autonomous cars
August 31, 2018
Chinese Geely Auto Group will work with Swedish Smart Eye on the development of a new range of high-end safety systems using Smart Eye’s AI-powered driver monitoring (DMS) technology.
Geely to build new plant to make a quarter of a million cars
August 29, 2018
The Chinese carmaker is reportedly building a new plant – capable of producing 250’000 bigger-sized cars – in order to reach its goal of selling more than 2 million vehicles by 2020.
Major order from Geely Auto Group for Paragon
June 07, 2018
Paragon AG has received a major order from Chinese automobile and motorcycle manufacturer Geely Auto Group. The project duration will last for over seven years and will include the delivery of several million particle sensors.
Terrafugia to create 130 new US jobs
May 08, 2018
Terrafugia, Inc. says that the company has created 75 new US-based jobs over the past 12 months and is on track to add at least another 50 more by the end of the year.
CEVT and Geely to bring Terrafugia to the sky
April 13, 2018
CEVT AB – China Euro Vehicle Technology – Geely’s innovation and development centre in Sweden announces collaboration project with Geely’s flying car company Terrafugia Inc.
Volvo to produce Lynk & Co cars in Ghent, Belgium plant
March 26, 2018
Volvo Cars will produce cars for the new car brand Lynk & Co in Volvo Cars’ manufacturing plant in Ghent, Belgium starting from late 2019.
Autoliv to develop and produce level 3 ADAS system for Geely
March 08, 2018
Autoliv has, together with its software joint venture Zenuity, been selected to develop and produce the first Level 3 advanced driver assistance systems for Geely.
Geely acquires strategic stake in AB Volvo
December 28, 2017
Zhejiang Geely Holding Group has reached agreement with Cevian Capital (Cevian), an activist fund manager, to acquire its entire 8.2% share capital holding and 15.6% voting rights in AB Volvo, the Swedish manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines.
CEVT joins the startup accelerator MobilityXlab
December 11, 2017
CEVT AB – China Euro Vehicle Technology – Geely’s innovation and development centre in Sweden now joins the newly formed MobilityXlab in Gothenburg, Sweden.
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