164 Articles
Report
Official
Geely and Mercedes-Benz invest $780 million to make electric Smart cars

Geely will lead engineering and Mercedes-Benz will take charge of their overall look

BEIJING/SHANGHAI (Reuters) - Zhejiang Geely Holding Group Co Ltd [GEELY.UL] and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan (295.98 million pounds) in a China-based venture to build "premium and intelligent electrified" vehicles under the smart brand. The 50:50 venture has received regulatory approval and will be based in the Chinese coastal city of Ningbo, the Chinese and German automakers said in a statement. Like Mercedes-Benz, smart is a Daimler AG ma

Report
Daimler and Volvo could jointly develop internal combustion engines

Chinese automaker Geely owns Volvo and a holds a 10% stake in Daimler

Luxury German carmaker Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources. The Automobilwoche weekly cited a Volvo manager as saying there were initial talks with Daimler, but no concrete plans, while a company spokesman said it was too early to talk about firm projects, although it was not excluding anybody. A Daimler spokesman said the company's

ETC
China's BAIC buying up Daimler stock to unseat Geely as top shareholder

It wants a 10% stake and a seat on Daimler's board

BEIJING/HONG KONG/FRANKFURT (Reuters) - Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters. State-owned Beijing Automobile Group Co Ltd (BAIC), which already owns a 5% shareholding in Daimler, has started buying the German company's shares from the open market, said the sources who were briefed on the matter.

Report
Lotus says it's hiring 200 new engineers in effort to expand

China's Geely continues to invest in the old British sports car brand

China's Geely continues to invest in the old British sports car brand.

Official
China's Geely launches new premium electric car brand called Geometry

It has already received 26,000 orders for its first model

It has already received 26,000 orders for its first model.

Official
Smart brand will be built in China as a Daimler-Geely joint

One more way automakers are aligning to make EVs profitable and affordable

One more way automakers are aligning to make EVs profitable and affordable.

Official
Lotus has a new sports car in the pipeline

The 2020 model will be cushier than usual Lotus products

The 2020 model will be cushier than usual Lotus products.

Video
Watch Lynk & Co 03 Cyan Concept tear it up during testing in Spain

528 horsepower from a turbocharged 2.0L I4

528 horsepower from a turbocharged 2.0L I4.

ETC
Geely poaches Jaguar designer Wayne Burgess

Another big catch as Chinese automakers prepare to enter Western markets

Another big catch as Chinese automakers prepare to enter Western markets.

Report
Lotus cars to be 'Made in China' at new Geely plant, according to documents

It could mean more volume and new models

It could mean more volume and new models.

Official
Geely teases EV sedan that could someday come to America

It promises 'a focus on design, technology and performance'

It promises 'a focus on design, technology and performance.'

Motorsports
Volvo's and Lotus' owners just bought a Utah racetrack

Expansive Utah Motorsports Campus covers 511 acres

Expansive Utah Motorsports Campus covers 511 acres.

Rumormill
Smart brand might be doomed

Will Daimler keep Smart alive if Renault ends their partnership?

Smart is going fully electric in 2020, but that might not be enough to keep it alive for long.

Official
Volvo invests in company installing EV chargers at BP gas stations

Rather than own chargers a la Tesla, Volvo will work with FreeWire

Rather than own chargers a la Tesla, Volvo will work with FreeWire.

Confirmed
Geely presents the new Lynk & Co touring car

The 03 TCR will take part in FIA WTCR.

The first 03 TCRs are delivered in 2019 to touring car racing champions Cyan Racing.

Official
Toyota says in talks with Geely on cooperation in hybrid vehicle tech

Another strategy to build sales in China

Another strategy to build sales in China

Opinion
Everybody's doing flying cars, so why aren't we soaring over traffic already?

Why we'll have to keep waiting for them to finally take off

Everybody's building one, so why aren't we soaring over traffic already?

Official
Terrafugia Transition flying car going on sale next year

It'll have a lithium-powered hybrid system, other upgrades

It'll have a lithium-powered hybrid system and other upgrades.

Teased
Lynk & Co's 03 sedan shown in camouflage

Under the wraps is the production version

In the photos, the development mule 03 still wears camouflage.

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