China's Geely Holding Group (GEELY.UL) on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of it
The CEO of China's Ji Yue Auto was surrounded by people demanding to know how they would be paid, videos posted online on Thursday showed, a day after the EV maker said it would streamline operations
Volvo owner Geely has announced a partnership with distributor Saudi-owned Jameel Motors to break into the UK market for electric vans. Farizon, a Chinese EV manufacturer owned by Geely, will launch i
The KraneShares Electric Vehicles and Future Mobility Index ETF KARS has just hit a significant milestone, making a Golden Cross that has investors' attention piqued and driving optimism.
Along with Tesla NASDAQ: TSLA, billionaire Elon Musk also founded the revolutionary space company SpaceX. The firm made headlines several weeks ago after it was successfully able to recover a booster

EV Company News For The Month Of October 2024

09:44am, Tuesday, 05'th Nov 2024
Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan i
Chinese carmaker Geely Automobile said on Thursday it had never conducted separate negotiations with the European Commission regarding electric vehicle tariffs, refuting recent online reports as "slan
China's Geely Automobile Holdings took the wraps off its latest hybrid technology on Wednesday, boasting some better fuel economy and driving range figures than rival technology from local plug-in hyb

China's Geely scouting locations for Europe plant

11:47am, Wednesday, 11'th Sep 2024
Chinese carmaker Geely is scouting locations for a plant in Europe but has not committed fully to building up local production, executives from the car conglomerate said in interviews with Reuters in
State-controlled oil company Saudi Aramco does not plan to increase its 10% stake in fuel-based engines joint venture Horse Powertrain while it continues to pursue more deals to expand its downstream

China's Geely Automotive revs up profits 575%

07:12am, Wednesday, 21'st Aug 2024
China's Geely Automotive, owner of Volvo, Polestar and Lotus in the West and regional brands such as Proton and Zeekr, announced a 575% increase in profits in the first half of the year.  Revenue of

EV Company News For The Month Of July 2024

09:02am, Thursday, 08'th Aug 2024
Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. Chin

EV Company News For The Month Of June 2024

07:12am, Friday, 05'th Jul 2024
Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measur
Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely
Saudi Aramco will take a 10% stake in Horse Powertrain, the thermal engine joint venture between Renault and Geely , the Chinese automaker said on Friday.
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