Geely

Geely has hedged its bets on a German startup which hopes to bring flying taxis to cities around the world, as the Chinese firm looks to branch out from its traditional automotive business ventures. The car maker has taken a minority stake in Volocopter, whi…

Volocopter, a German air taxi firm, has secured 50 million ($55 million) euros in funding, reported Reuters. Geely Holding led the round.

In its latest round of funding, Volocopter has been backed by Geely, the Chinese automotive group which manufactures Volvo and Lexus cars as well as London's electric black cabs. It has also secured the support of German automotive giant Daimler, which is loo…

Geely (OTCPK:GELYY) is taking a minority stake in German flying taxi start-up Volocopter, the latest investment from the Chinese carmaker after it bought into Mercedes-Benz owner Daimler last year. The group's holding company is the lead investor in a financ…

The telegraph reports European Carmakers are Caught in the Crossfire of Trumps Trade War. But it’s not just European manufacturers. The US will take a huge hit as well. China has been the most frequent target of Trumps ire. At the start of the month he fire…

DETROIT: General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the race with Amazon.com and other technology companies to con…

By Joseph White DETROIT (Reuters) - General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the ra…

For the first time, the Fortwo and Forfour have different front-end looks, with Smart giving the four-seater a more dynamic profile than the familiar friendly face of the Fortwo. New rear tail-lamp designs also feature, while full LED headlamps are optional, …

BEIJING: Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday (Sep 4), seeking to build on a recent recovery in sales in the world's biggest auto market. JLR, owned by India'…

Tesla customers in China are scrambling to figure out if they can get a refund after the electric car company scored a tax break from the government there last week. Authorities in China exempted Tesla's cars from a 10% purchase tax, making the electric car …