geely

More bad news for Polestar. The struggling luxury EV maker just lost its funding from Volvo, which is handing full responsibility for the brand over to China’s Geely. However, Volvo is letting them down easy, saying it’s a “natural evolution” for the two brands.

EV-centric brand Polestar just announced it will cut hundreds of jobs in its global workforce in order to lean down and reduce spending, as it looks to bolster sales of its upcoming Polestar 3 and 4 models without relying on additional funding from parents Geely and Volvo Cars.

Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense.

Less than a year after its launch in China, Geely’s sub-brand Galaxy has begun selling its first all-electric model – the E8. Starting at a price below $25,000, the Galaxy E8 sedan looks extra sleek, and it touts some more than adequate EV technology, arriving as a genuine contender in an ultra-competitive Chinese market.

A new electric fastback, the JiYue 07, was unveiled this week after winning the 2023 German Red Dot and iF design awards. The new electric sedan will take on Tesla’s Model 3 sitting atop the same platform that powers the Volvo EX90 and EX30 models.

If you’ve ever flown on the double-decker monster that is an Airbus A380, you know just what a bizarrely special experience it is — a plane so massive, you can barely tell it’s taking off or landing (let alone that it’s cruising 35,000 feet in the air). The latest MPV (MPEV?) from Geely-owned LEVC (London Electric Vehicle Company) is inspired by that wonder of engineering, and it’s a big boy indeed. With an 8-passenger layout and a length of over 17 feet (5.3 meters, specifically), the L380 is a vehicle designed to jet get groups around in comfort.

Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.

Just over two months after announcing a restructuring of its business partnership to bring its AI-powered 01 ROBOCAR to market, Geely and Baidu have officially launched the futuristic autonomous EV in China. The 01 arrives as the world’s first consumer vehicle featuring Baidu’s full Apollo suite of Level 4 autonomous driving solutions.

A mere two years after its inception, Baidu’s robotic- and AI-centric EV brand JIDU is getting a rebranding with the help of Geely – previously a minority stake holder increasing its role to help get the partnership’s flagship model into production this year. Introducing JI YUE.

A new fully electric pickup is headed for international markets. And no, it’s not a Rivian or a Ford. China’s own Zhejiang Geely Holding Group (Geely Group) announced its first batch of electric trucks for export rolled off the assembly line Tuesday.

A Chinese electric car designed for battery swapping has dropped its entire battery pack while driving down the road.

Niche performance automakers Lotus Cars and Renault Group subsidiary Alpine have announced that after two years, they are no long co-developing an all-electric sports coupe that was slotted to replace the combustion-dependent Alpine A110. Here’s the latest.

Volvo and Polestar owner Geely announced it had raised its stake in the iconic British luxury automaker Aston Martin to 17% as part of a new relationship agreement.

Chinese EV maker ZEEKR officially unveiled its new “X” electric SUV in China Wednesday. With up to 348 miles range and a surprisingly low starting price of around $28,000 (189,800 yuan), the ZEEKR X is set to take on a surging Tesla, among other luxury automakers, in China before it launches in Europe.

Lynk & Co, a high-end market brand from Geely (the parent company of Polestar and Volvo), is preparing to enter the US with its first EV due out next year.

Geely, the owner of Polestar and Volvo, is launching a new “high-end electrified product series” in a bid to take on the top EV contenders like Tesla and BYD. The first fully electric vehicle from the sub-brand is slated to launch before the end of the year.

Geely Holding group announced that its all-electric brand ZEEKR has welcomed a $750 million Series A funding round led by major companies like battery giant CATL. Upon completion of the five member investment, ZEEKR will be valued at $13 billion as it looks to expand to new markets in Europe and a possible IPO in the US.

Young Chinese EV brand ZEEKR is looking to significantly expand its sales and global footprint in 2023, according to an internal letter outlining several of the Geely-owned marque’s goals. In addition to introducing two new EV models this year, ZEEKR is planning to enter key markets in Europe. It makes us wonder if the US could soon be next.

The iconic Lotus brand is going public on the US Nasdaq exchange under the ticker LOT as the pioneering luxury EV maker looks to become a global competitor.

The owner of Polestar and Volvo brands, Geely, is teasing a new electric sedan set to debut later this year officially.

Chinese automotive conglomerate Geely Group has posted its annual sales results for 2022, which accounted for more than 2.3 million vehicles sold and nearly 5% growth overall. Although not all of those sales were all-electric models, EVs accounted for nearly a third of them. Here’s how each of the Group’s EV brands performed in 2022.