Geely

Lotus on Tuesday unveiled an electric hypercar called the Evija, a 1,973-horsepower beast developed with Williams Advanced Engineering and on track for delivery in 2020. Just 130 examples will be built, but Lotus will soon follow it up with more EVs. In fact…

Asian markets slipped in early trading Wednesday as trade tensions between the U.S. and China rose to the forefront again. Following reports Monday that trade negotiations could resume soon, President Donald Trump threw water on investors optimism Tuesday, s…

Internally known as the Type 130, the new Lotus Evija combines several firsts for the British company into one wild shape. First of all, its the companys first in-house all-electric car the Lotus chassis provided to the likes of Tesla for the first Roadster d…

LONDON (Reuters) - British sports car maker Lotus revealed its pure electric “hypercar” on Tuesday, the first completely new vehicle to be launched under the stewardship of Chinese firm Geely which acquired a majority stake in 2017. The Evija, to be produce…

For those of you who are not that familiar with the Chinese car market, Geely has been selling the Bo Yue compact SUV there since 2016. Also known as the Emgrand X7 Sport in South America, the Peter Horbury-designed SUV is one of Geelys most successful model…

Then, two years ago, Geely moved to purchase a 49% stake in Malaysian maker Proton, and a majority 51% in its Lotus subsidiary. The strategic logic behind the Proton move was obvious, giving Geely access to the heavily protected Malaysian market but also extr…

Torsten Dettlaff As the old saying goes, you cant tell the players without a scorecard, and nowhere is that more true than in the auto industry. In recent decades weve seen brands come and go and change hands, sometimes several times over. Jaguar, for exampl…

When Proton first confirmed their partnership with Geely two years ago, rumours were abound that its motorsport division, Race Rally Research (R3) had to be shut and its staff transferred to other divisions within the company. It was a pleasant surprise of so…

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via Zerohedge: Just hours ago, we reported that passenger vehicle sales in China showed their first tepid signs of recovery after a historic and record-breaking plunge in the country over the last two years. In that article, we pointed out that the recovery …