ROHM and Geely signs strategic partnership agreement
September 08, 2021The 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, 2021Volvo 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, 2021Volvo 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, 2021Polestar, 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, 2021Swedish 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, 2021Geely 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, 2020The 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, 2020Production 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, 2020Geely 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, 2020Volvo 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, 2019Micron 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, 2019Volvo 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, 2019Shanghai 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, 2019Volvo 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, 2019At 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, 2019The 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, 2018Zhejiang 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, 2018Garmin 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, 2018Delphi 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 carsLoad more news
August 31, 2018Chinese 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.