Geely

Chinese luxury EV brand Zeekr will expand to Europe by end of 2023

Zeekr, the premium electric vehicle brand under China’s Geely Automobile Holdings, has confirmed plans to expand into Europe this year. The company will begin selling its Zeekr 001 luxury shooti

Geely’s electric car brand Zeekr files US IPO confidentially

Zeekr, the premium electric car brand under China’s Geely, said Tuesday it has confidentially filed for a U.S. initial public offering. If it goes through, it’ll be the first major Chinese

Geely’s Europe expansion continues, Argo robotaxis on the Lyft app and Tesla AI Day takeaways

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This

Chinese automaker Geely snaps up 7.6% stake in Aston Martin

Geely Holding Group acquired a 7.6% share of British luxury automaker Aston Martin Lagonda Global Holdings, helping cement the Chinese company’s stake in luxury and European brands. Geely will n

Polestar is launching an EV roadster in 2026 called the Polestar 6

Electric vehicle maker Polestar said Tuesday that it is expanding its lineup to include an 884-horsepower hard-top convertible with recycled polyester upholstery. The Polestar 6 electric performance r

Real driverless cars are now legal in Shenzhen, China’s tech hub

There are plenty of autonomous driving vehicles testing on the roads of Shenzhen today: Pony.ai, Baidu, DeepRoute, AutoX, you name it. But these vehicles are not really the unmanned vehicles that tech

Luminar to invest in Geely-affiliated Ecarx, eyes China market

Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an undisclosed amoun

Polestar on track to sell 50,000 EVs in 2022

Polestar, the electric vehicle maker that made its Nasdaq debut in June, said Wednesday it is on track to meet its annual sales target. For the first half of 2022, Polestar delivered approximately 21,

Can Polestar succeed where other EV maker SPACs have failed?

Polestar is the latest EV maker to hurry to the stock exchange by merging with a special purpose acquisition company, or SPAC, before becoming profitable.

Founder of auto giant Geely buys Meizu as smartphone demand weakens

Remember Meizu, the once-promising competitor to Xiaomi? The Alibaba-backed Chinese smartphone maker is making a comeback — in a way — as it gets acquired by the founder of Geely, China&#8

Alibaba-backed Deeproute further slashes L4 driving costs to $3,000

Only four months after Deeproute.ai announced it planned to sell its self-driving solution at an attractive $10,000, the Shenzhen and Fremont-based startup said it has further slashed the cost by appr

Volocopter raises $170M, now valued at $1.87B, to fuel first commercial launches of flying taxi fleet in 2024

Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical takeoff and landing) aircraft and a business model for operating them in taxi-style fleets i

Volkswagen in talks to buy Huawei’s autonomous driving unit: report

The autonomous driving space might be seeing the marriage of two titans. Volkswagen is in talks with Huawei to acquire the latter’s nascent autonomous driving unit for billions of euros, Germany

What’s driving China’s autonomous vehicle frenzy?

China's autonomous vehicle industry saw a period of unprecedented acceleration in 2021, with over $8.5 billion invested in robotaxi startups, self-driving truck developers and equipment makers.

Baidu’s electric car brand Jidu closes $400M Series A round

Once an industry with long development cycles, the automotive space is being upended by China’s tech giants. One can hardly keep up with all the new electric vehicle brands that come out of the

China’s robotaxis charged ahead in 2021

Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a

Waymo partners with Geely to make electric AVs for ride hail in the US

Waymo, Alphabet’s autonomous driving technology arm, is partnering with Chinese automaker Geely to build an all-electric, self-driving ride-hailing vehicle. The companies will integrate Waymo Dr

Autonomous driving startup DeepRoute.ai prices L4 solution at $10,000

DeepRoute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a pr

Baidu’s robotaxi service aims to be in 100 cities by 2030

Baidu keeps ramping up its autonomous driving ambitions. The Chinese tech company made its name in search engines and still relies greatly on search ads for revenues. But it’s hoping that its he

Geely’s Volvo Cars will file for initial public offering on Stockholm’s Nasdaq

Volvo Cars, the Swedish carmaker owned by China’s Zhejiang Geely Holding, said Monday it would file for an initial public offering and list on the Nasdaq Stockholm exchange, in a transaction that&#8
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