Geely

STOCKHOLM (Reuters) - Volvo Cars, owned by China’s Geely Holding GEELY.UL, is targeting a 40% reduction in the carbon footprint of each car it manufactures by 2025 as it bids to become fully climate neutral by 2040, it said in a statement on Wednesday. The …

(Bloomberg) -- Volvo Cars isnt just electrifying its lineup to cut carbon emissions. Now the Swedish automaker says it will pay customers to make sure they plug in. Volvo is tying the launch of its first all-electric vehicle -- the XC40 crossover -- to a bro…

Audi has decided to shelve plans to further develop the Pop.Up Next concept, a combination of a self-driving car and a drone capable of carrying a pair of passengers. Unveiled at the 2018 Geneva International Motor Show, the concept was based on an original …

Remember the Geely Concept Icon? It was a small, future-forward SUV that was meant to signal a new dawn for the Chinese carmaker, but which had seemingly been swept under the carpet. Well, that hasn’t happened, because instead the company was simply hard at w…

Porsche and Boeing Co. are joining forces to push into the nascent area of urban flights with a plan for a high-end machine capable of vertical takeoff and landing. The pair will create a team to explore the market potential for premium flying vehicles, they…

US-based logistics company FedEx will allow customers to drop off online returns at Walgreens retail locations starting in November 2019, according to TechCrunch. To enable package returns, FedEx will provide Walgreens stores with printers, so that clerks can…

By Hannah ElliottSiblings Susanne Klatten and Stefan Quandt own almost half of Bayerische Motoren Werke AG. The billionaires are descendants of Guenther Quandt, who built a German industrial empire by, among other things, supplying weapons to the Nazis durin…

In this article we are going to estimate the intrinsic value of Geely Automobile Holdings Limited (HKG:175) by taking the expected future cash flows and discounting them to today's value. I will use the Discounted Cash Flow (DCF) model. Don't get put off by t…

Volvo and Geely to merge their existing ICE operations

Volvo’s relationship with its Chinese parent is about to grow even closer. The Swedish car maker and its parent company, Geely, proposes to put an end to separate engine development, with engineering teams from both companies tasked with building common power…