Wednesday, 2 April 2025

Focus on Geely Holding

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms as well as research and development (AFP)
AnalysisAutomotiveBusinessElectric Vehicles (EVs)IndustryPoliticsReportsTradeTransport

Why are Chinese electric cars in EU crosshairs?

The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month...

FILE PHOTO: Volvo EX90, the company's new electric SUV, is unveiled during a launch event in Stockholm, Sweden November 9, 2022. Anders Wiklund/TT News Agency/via REUTERS /File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Volvo Cars’ May sales rise 13%, boosted by electric vehicles

Volvo sales rose 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric...

FILE PHOTO: A Renault logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveCarbon ManagementFuelNewsTransport

Renault, Geely create joint venture for hybrid, combustion engines

The venture is aimed at developing more efficient gasoline engines and hybrid systems, in response to slowing electric vehicle sales.

A view shows the logo of Chinese automobile manufacturer Geely at a dealership in Moscow, Russia, March 23, 2023. REUTERS/Maxim Shemetov/File Photo
AutomotiveBusinessNewsTransport

China’s Geely to launch hybrids with more fuel-efficient engines

Geely touts 46.1% thermal efficiency of engines as it prepares to launch hybrid Galaxy car in China.

People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang
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Nio aims to launch one new car model per year under Onvo brand

EV maker Nio said it would launch one new model per year under its lower-priced Onvo brand, and price them similarly to gasoline...

FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)In-DepthPoliticsTrade

Analysis: A US-China EV trade war threatens Biden’s clean-car agenda

Newly announced tariffs on Chinese EVs and associated parts could do provide relief for the US auto industry – but it may harm...

FILE PHOTO: The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021.   REUTERS/Brian Snyder/File Photo
AutomotiveElectric Vehicles (EVs)In-DepthNewsPoliticsRegulationsSolarTradeTransport

How hard will new Biden tariffs hit China?

President Biden is set to announce new China tariffs as soon as Tuesday, targeting sectors including EVs and solar equipment

Zeekr's electric vehicles (EV) 001 and 009 are seen displayed at its booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)News

China’s Zeekr shares rise 35% above IPO price in US debut

Chinese electric vehicle manufacturer expected to start trading in New York after Zeekr IPO upsized to raise $441m.

Robotic arms assemble cars in the production line for Leapmotor's electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. China Daily via REUTERS/File photo
AutomotiveBusinessElectric Vehicles (EVs)News

Chinese EV makers’ plans to make cars in Europe

Chinese carmakers are looking to manufacture in Europe as they aim to ramp up sales of lower costs cars to rival their European...

Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
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Volvo Cars April sales rise 27% year-on-year

Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the...

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