Category

Geely

China Tech Digest: Baidu And Geely Plan To Invest $7.7B In Smart Cars; Xiaomi Considers Investing AI Chip Maker Geely

China Tech Digest: Baidu And Geely Plan To Invest $7.7B In Smart Cars; Xiaomi Considers Investing AI Chip Maker

Baidu and Geely plan to invest US$7.7 billion in smart cars development in the next five years Jidu Automobile, a joint venture between Baidu Inc. and Geely Automobile, plans to invest RMB50 billion (US$7.7 billion) in the development of smart car technology in the next five years. The company said…
bubmag
April 23, 2021
Volocopter And Geely Bring Electric Air Taxis to China’s Cities Geely

Volocopter And Geely Bring Electric Air Taxis to China’s Cities

© Volocopter Today, Germany urban air mobility service provider Volocopter, and Chinese mobility technology group, Geely Technology Group, presented Volocopter’s electric air taxi, the 2X, for the first time in China at Geely’s booth at the Shanghai International Automobile Industry Exhibition 2021. The companies are highlighting their cooperation and aim…
bubmag
April 19, 2021
Geely Looks to Crack China’s High-End Electric Vehicle Market with New Startup Zeekr Geely

Geely Looks to Crack China’s High-End Electric Vehicle Market with New Startup Zeekr

The Hangzhou-based company has shown solid ambitions of becoming a leader in the packed Chinese EV arena. (Source: Zeekr) Prominent Chinese carmaker Geely launched its premium electric vehicle (EV) brand Zeekr on Thursday with the unveiling of a new car model, which will now compete against a cohort of EV…
bubmag
April 16, 2021
Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market Geely

Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market

(Source: Lotus) Zhejiang Geely Holding Group is planning to raise $1 billion to help its luxury British sports car brand Lotus Cars enter China’s vast and growing electric vehicle (EV) market, according to people familiar with the matter, Bloomberg reported. The funding round could value total Lotus’ EV operations at…
bubmag
April 15, 2021