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Geely Autonomous Vehicles Will Eventually Rely on a Network of 240 Satellites

The Chinese automaker has already launched two rounds of low-orbit satellites. These satellites will provide positioning information for vehicles and connectivity for consumer electronics. The company plans to have 72 satellites in orbit by 2025. Geely, the Chinese automaker that owns Volvo, Polestar and...

Volvo Hands Its Shares in Polestar Back to Geely

The Swedish automaker currently owns about 44% of the small EV-only company. There are speculations that Polestar has been draining Volvo’s resources for a while. Polestar says it is about to break even with the launch of the Polestar 3 and 4 later...

Geely Sells Part of its Stake in Volvo Cars

Geely will raise around $350m from the sale Geely says it will continue to support Volvo Geely is dropping its stake in Volvo to help raise some cash. The company has offered around 100 million of its shares in Volvo to help raise that...

Chinese Automaker Geely Begins Vehicle Production in Mexico

Geely will build two crossovers for Mexico market Automaker continues to expand from its home market Just days after reports surfaced that show the U.S. government is worried about an influx of Chinese EVs, one of the country's largest automakers has announced production at...

Lynk & Co Wants to Enter the U.S. Market with its Next Model

The company is owned by Geely, which also owns Polestar and Volvo. The next model is expected to be based on the same platform as the Smart #1. Lynk & Co wants to offer this model on a subscription basis. After having entered the...

Volvo is Planning its Largest Revamp in Over 10 years

The company wants to add at least six electric vehicles by 2026. New electric versions of the S60, S90, XC40, XC60 and XC90 are planned. New models will be designed with the goal of improving sales in Asia. Volvo is planning to completely revamp...

The Zeekr 001 Gains the Longest Range of Any EV in China

One of the car’s trim levels can drive up to 641 miles (1,032 kilometers) on a charge, according to the CLTC method. This should make the Zeekr the EV with the longest range in the world, but this could be misleading. The CLTC...

Volkswagen Could Overtake Tesla in Global EV Sales as Soon as 2024, Report Says

Bloomberg intelligence claims Tesla will remain the leader for 18 more months Volkswagen already sells more EVs in Europe than Tesla, but its US sales are lagging behind The report places Chinese automaker BYD in third place and Ford in fourth Bloomberg Intelligence just...

Smart Launches the #1

Smart now belongs to Mercedes-Benz and Geely equally. The #1 will be assembled on Geely’s modular Sustainable Experience Architecture (SEA). The new Smart #1 is headed to Europe and China. No, the name is not a typo. The new EV from Smart as part...

Geely Launches Electric Semi-Truck to Compete with Tesla

Geely Semi-truck
Geely is the Chinese automaker that Owns Polestar and Volvo The Geely Semi should reach production in 2024 Tesla has announced its electric semi in 2017 but production has been delayed until at least 2023 Geely has just announced its intention to produce an...