Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China. A key focus for Farizon’s expansion will be Europe, where the automaker plans to…
The $450 million deal should see the next Aston Martin EV arrive in 2025.
Swedish electric vehicle maker Polestar has formed a joint venture with Xingji Meizu, a mobile phone and consumer electronics company, to build an operating system for Polestar cars sold in China. In the rest of the world, Polestar has integrated Google’s Android Automotive OS into vehicles to power its infotainment systems. Google has very little…
Filed under: Earnings/Financials,Aston Martin Continue reading Geely doubles its stake in Aston Martin Geely doubles its stake in Aston Martin originally appeared on Autoblog on Thu, 18 May 2023 08:17:00 EDT. Please see…
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 shooting brake and Zeekr X urban SUV in Sweden and the Netherlands starting in the fourth quarter of 2023, with plans to expand quickly to other…
Filed under: Green,Volvo,Crossover,Minivan/Van,SUV,Electric,Future Vehicles,Sedan Continue reading Volvo to convert all SUVs and sedans into EVs, develop electric luxury van Volvo to convert all SUVs and sedans into EVs,…
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