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Zhejiang Geely
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Terrafugia's Flying Car Will Now Drive in Hybrid Mode
Jul 19, 2018US-based Terrafugia said that the latest features and systems will be incorporated into the Transition flying car, which is due to come to market in 2019. The new features in the Transition production vehicle, a two-seat auto and ...
Tags: Terrafugia, Flying Car, Hybrid Mode
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Volvo Cars to Expand Production of XC40 Small SUV in Europe and China
Jun 12, 2018Volvo Cars is expanding production of XC40 small SUV in Europe and China in order to meet increasing demand. The company said that it has received nearly 80,000 orders for the SUV and will expand production at its Ghent manufacturing ...
Tags: Volvo Cars, SUV
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Volvo's Parent Firm Geely to Buy Us Flying-Car Startup Terrafugia
Nov 16, 2017Zhejiang 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 ...
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NIB Provides Financing for Volvo Cars' New Engine Technology
Nov 30, 2016The Nordic Investment Bank (NIB) and the Volvo Car have signed a five-year loan agreement of SEK1bn (EUR102m) to finance the next phase of the company's R&D program. The loan will support financing for the development of new modular ...
Tags: Volvo Cars, R&D programme
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Volvo Cars Unveils New Manufacturing Strategy for China
Nov 10, 2016Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
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The Share Shifting Signing Ceremony Of Dongfeng Nanchong Automotive Co.,Ltd.
Mar 11, 2016Geely Purchased Dongfeng Nanchong and Develops Commercial Vehicles. The share shifting signing ceremony of Dongfeng Nanchong Automotive Co., Ltd. (thereafter shorted as “ Dongfeng Nanchong ” ) was held in Southwest United ...
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Geely Unveiled Plan to Invest 250m on New Research, Development and Assembly Facility
Mar 31, 2015Chinese 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
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Chinese Companies Feels Chill From The Rouble Crisis
Dec 19, 2014Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
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Volvo Expands Production at Its New Facility in Daqing
Nov 17, 2014Volvo has announced that it is expanding production at its new facility in Daqing, China where it will produce SPA Volvo sedan. The facility is expected to produce cars based on Scalable Product Architecture (SPA), and the facility ...
Tags: SPA Volvo sedan, Auto
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Geely Holding Has Acquired UK-Based Electric-Vehicle Startup Emerald
Mar 4, 2014Chinese automobile manufacturer Zhejiang Geely Holding has acquired UK-based electric-vehicle startup Emerald Automotive for an undisclosed amount. According to Emerald, Geely will invest a minimum of $200m to help the company develop ...
Tags: Electric Vehicle, Geely Group
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Volvo Has Refuted Suggestions That Its Chairman to Develop a New Stand-Alone Luxury Model
Sep 24, 2013Volvo 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
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Volvo Chairman Have Confirmed The Swedish Brand Will Develop a New Flagship Limousine
Sep 24, 2013Geely 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 ...
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Zhejiang Geely Holding Group Became China's Largest Vehicle Exporter in July
Aug 30, 2013Zhejiang Geely Holding Group became China's largest vehicle exporter in July for the first time ever, as its exports continued to see a strong uptrend, despite the overall sector reporting a year-on-year drop in exports for three ...
Tags: vehicle exporter, Volvo Car
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Geely and Volvo Plans to Sell Vehicles Into Europe and The US
Aug 30, 2013Chinese car maker Geely is planning to sell vehicles co-developed with Volvo outside of its home market and into Europe and the US. Industry journal Automotive News Europe reports Zhejiang Geely Holding Group Co. Ltd, which purchased ...
Tags: Geely, Volvo-Developed Models
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Latest Reports.Geely and Volvo Will Sell Vehicles
Aug 27, 2013Chinese car maker Geely will start selling vehicles co-developed with Volvo from 2015, according to latest reports. Bloomberg reports Zhejiang Geely Holding Group Co. Ltd, which purchased Volvo from Ford for US$1.8 billion in 2010, is to ...