Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Chinese automaker Geely, the owner of the London Taxi Company has unveiled plan to invest 250m on new research, development and assembly facility for the development of electric and ultra-low emission London Black Cab. The London Taxi ...
Tags: Geely, Taxi, Auto Parts
Days ago, Li Shufu,Geely's chairman and founder,said Volvo would launch the world's first vehicle with autopilot in China's annual management conference held in Beijing. According to the news, Volvo test autopiolt vehicle with a 50-miles ...
Tags: Volvo, Autopilot Vehicle
US investment bank Goldman Sachs is said to have sold out shares controlled in Chinese automaker Geely Automobile Holdings Ltd. (SEHK: 0175). Sources said on October 8 that Goldman Sachs would sell a total of 580 million shares ...
Tags: Auto, Transportation
Volvo has refuted suggestions that its chairman has confirmed plans to develop a brand-new stand-alone luxury model to tackle the likes of the Mercedes-Benz S-Class, BMW 7 Series and Audi A8. Volvo vice president of media relations ...
Tags: Volvo, Luxury Flagship
Geely and Volvo chairman Li Shufu has confirmed the Swedish brand will develop a new luxury flagship limousine to take on Germany’s best. According to CarNewsChina, Li confirmed the plans saying the new Volvo model, anticipated to ...
Volvo has no plans to build a luxury limousine to rival the likes of the BMW 7 Series and Mercedes-Benz S-Class, instead focusing its attention on smaller models that fit with its “green image”. Speaking with industry journal ...
Tags: Volvo, Luxury Limousine
China-based Zhejiang Geely Holding Group is planning to invest EUR100m in UK-based taxi maker Manganese Bronze Holdings over the next five years. Geely acquired the taxi maker on 01 February 2013, which included a plant, equipment, ...
Tags: Geely, taxi maker, Manganese Bronze Holdings
Automobile manufacturer Volvo has collaborated with China-based Geely to set up a research and development (R&D) Centre in Gothenburg, Sweden. The R&D Centre will be located in Lindholmen Science Park and will develop designs and parts ...
Chinese automotive powerhouse Geely has come to the rescue of the iconic London black taxi by agreeing to purchase Coventry-based cab maker Manganese Bronze, saving it from administration and the threat of closure. Zhejiang Geely Holding ...
On December 19, led by Baosteel Group Co Ltd chairman Mr Xu Lejiang "dianshan corps" trainees visit Geely Automobile Hangzhou Bay production base and dialogue with Geely Chairman c. Xu Lejiang hopes that "dianshan corps" trainees will learn ...
Tags: Baosteel Group, Xu Lejiang, Geely Automobile Hangzhou Bay, energy
On Dec. 19, led by Baosteel Group Co., Ltd., chairman Xu Lejiang, "dianshan corps" trainees visit Geely Automobile Hangzhou Bay production base and dialogue with Geely Chairman Li Shufu. Xu Lejiang hopes that "dianshan corps" trainees will ...
Chinese carmaker Zhejiang Geely Holding has signed three technological cooperation agreements with Volvo Cars. The deals will allow Zhejiang to use some technologies Volvo plans to phase out in the next two years. As per the ...
Tags: Geely, Volvo, technological cooperation agreements, Li Shufu
Swedish carmaker Volvo is planning to invest $11bn to develop new products and increase its manufacturing presence in the next few years. The company aims to acquire 20% of China's premium auto market by 2015 and to increase Chinese ...
Tags: Volvo, invest, product development