Geely Automobile Holdings Ltd
Renault, Geely ink pact with Aramco for engine venture
The travel practice program of a Renault Twingo Electric automobile on the manufacturing line at the Renault Revoz d.d. plant in Novo Mesto, Slovenia, on Nov. 16, 2022. Oliver Bunic | Bloomberg | Getty Illustrations or photos French motor vehicle maker Renault signed a deal with Aramco and China’s Geely Automobile Holdings in which the […]
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Chinese EV startup Jidu strategies to use ChatGPT-like tech
People search at a Jidu Robo-01 electrical SUV throughout the 20th Guangzhou Worldwide Car Exhibition at Canton Fair Elaborate on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Team | Getty Pictures BEIJING — Baidu’s ChatGPT-like merchandise is set to appear to electric powered, assisted-driving automobiles, startup Jidu stated Tuesday. Jidu, backed […]
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Chinese EV model Zeekr is now truly worth additional than Xpeng
Essential Factors Geely-backed electrical vehicle brand name Zeekr said Monday it can be now valued at $13 billion right after a $750 million increase from Chinese battery huge CATL and some others. Zeekr is not nonetheless publicly shown, but Geely stated in December the manufacturer filed confidentially for an original general public supplying in the […]
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Renault wants to use water from depths of 4,000 meters to supply heat to an old production plant
A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocket | Getty Images The Renault Group is working with French utility Engie on the development of a geothermal energy project at the automaker’s Douai facility, with […]
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Swedish EV maker Polestar reports lower operating loss, confirms full-year guidance
Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it still expects to deliver 50,000 vehicles in 2022. But the company warned that higher costs and supply-chain issues will continue to squeeze its margins into […]
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Autos giant Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On Tuesday, it was announced that the Renault Group and Chinese firm Geely had signed a non-binding framework agreement to establish a company focused on […]
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Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Courtesy: Polestar Swedish electric vehicle maker Polestar said Friday that it is still on track to deliver 50,000 vehicles in […]
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Self-driving start-up Pony.ai plans to mass produce robotrucks in China
Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks with equipment manufacturing giant Sany Heavy Industry. Pony.ai BEIJING — Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks in China with equipment manufacturing giant Sany Heavy Industry. Annual production is set to reach about 10,000 […]
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A top European carmaker suggests the global chip shortage is easing
Volvo Cars, one of Europe’s top car brands, says it’s past the worst of a chip supply crunch that placed a tremendous squeeze on auto production. The company’s semiconductor inventory is now “back at fully supply,” CEO Jim Rowan told CNBC’s “Squawk Box Europe” on Wednesday. “We had guided in the first quarter we were […]
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Polestar says it’s still on track to deliver 50,000 vehicles this year despite Covid-19 disruptions
Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle maker Polestar said Wednesday that it still expects to deliver 50,000 vehicles in 2022, in line with its earlier guidance, despite Covid-related production challenges […]
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