#geely automotive holdings

[rhk111sblog]

A Chinese Company is building a Nickel Plant in Indonesia and another Chinese Company Geely has agreed to help Indonesia develop its first Electric Vehicle (EV); After the United States (US) President Joe Biden’s visit to Vietnam, Vietnam called for more Railway Projects with China and announced that they are now China’s largest Trading Partner in South East Asia (SEA); And an Airline in Brunei is buying 30 units of China’s own Commercial Transport Aircraft

[cnevpost]

Zeekr enters Australian market with launch of Zeekr X electric SUV

Zeekr officially entered the Australian market with the launch of the Zeekr X in Australia on October 15, and gave the Zeekr 009 MPV its local debut. (A Zeekr X on display at the June 2024 Shanghai new energy vehicle show. Image credit: CnEVPost) Zeekr (NYSE: ZK), the premium electric vehicle (EV) subsidiary of Geely Holding Group, has announced its entry into the Australian automotive market,…

[ciolookleaders]

ZEEKR’s Ambitious IPO Marks a Milestone in EV Market Competition

ZEEKR’s Rise in the EV Market

ZEEKR, a youthful player in the electric vehicle (EV) arena, is poised to make a significant mark with its upcoming initial public offering (IPO) on the New York Stock Exchange (NYSE) this week. Established just three years ago as a subsidiary of the Chinese automotive giant Geely Holding, ZEEKR swiftly emerged as a contender in the realm of premium zero-emissions mobility, positioning itself to rival established names like NIO and Tesla.

A Diverse Portfolio and Financial Backing

Despite its brief existence, the company has wasted no time in diversifying its product portfolio. Among its offerings are the flagship 001 shooting brake, the versatile 009 multi-purpose vehicle (MPV), the sleek 007 sedan, and the upcoming electric van, MIX. In February, ZEEKR garnered considerable attention by securing $750 million in Series A funding, setting its valuation at a lofty $13 billion upon completion of the investment.

IPO Details and Market Comparisons

Now, company is taking its next significant step by launching an IPO on the NYSE. The company aims to offer 175,000,000 ordinary shares (or 17,500,000 American Depository Shares) at a price range of $18 to $21 per ADS, potentially raising up to $367 million. This move reflects a strategic decision by ZEEKR to tap into the US market, where several of its competitors, such as NIO, XPeng Motors, and Li Auto, are already traded.

However, ZEEKR’s targeted valuation of $5.13 billion for the IPO is notably lower than earlier projections. Last fall, the company anticipated a valuation of around $18 billion for its US IPO, highlighting the evolving dynamics of the Chinese EV sector in the American market. Nevertheless, ZEEKR remains optimistic about its prospects, with plans to trade under the ticker symbol “ZK” and ring the opening bell in New York City on May 10, marking a significant milestone in its journey towards global recognition in the EV space.

Also Read: Mastering the Product Development Process: A Comprehensive Guide to Bringing Ideas to Market

[enterprisewired]

Volvo Cars Surge 24% as It Halts Funding for Polestar: Strategic Shift Unveiled

Swedish Automaker Eyes Restructuring Amid Strong Q4 Performance

Volvo Cars witnessed a remarkable surge in its shares, soaring over 24% on Thursday following the announcement of its decision to cease funding its subsidiary, Polestar Automotive. This strategic move comes in the wake of Volvo’s robust fourth-quarter performance and signals a significant shift in its corporate strategy.

Strong Q4 Performance

Earlier on the same day, Volvo Cars reported a notable 10% year-on-year increase in fourth-quarter net sales, reaching 148.1 billion Swedish krona ($14.16 billion). The company’s full-year 2023 net sales totaled 552.8 billion krona, demonstrating a steady growth trajectory. Adjusted operating income also witnessed a substantial rise to 18.38 million krona from 12.17 million in the corresponding period of 2022.

Polestar’s Future in Question

Volvo Cars hinted at potential changes in Polestar’s ownership structure, suggesting a transfer of stewardship to Geely Holding, Volvo’s majority shareholder. The decision reflects Volvo’s strategic realignment, focusing on bolstering its core brand while optimizing resource allocation.

Evaluation of Shareholding Structure

In its comprehensive full-year report, Volvo Cars underscored Polestar’s transition into a new phase of growth, emphasizing the need for a revised business plan and cost optimization measures. The company disclosed considerations for adjusting Volvo Cars’ shareholding in Polestar, possibly including a distribution of shares to Volvo Cars’ shareholders. Geely Sweden Holdings may emerge as a significant new stakeholder in the process.

CEO’s Insights on the Strategic Shift

Jim Rowan, CEO of Volvo Cars, characterized the decision as a ��natural evolution” in the relationship between the two automotive entities. He highlighted Polestar’s promising trajectory, citing its expansion from a single-car company to a three-car lineup, with two new models slated for release in the first half of the year.

Rowan emphasized the opportune moment for Volvo to reduce its stake in Polestar, enabling the company to focus on its growth initiatives and critical technology investments in the coming years.

Polestar’s Struggles and Volvo’s Priorities

Despite Volvo Cars’ 44% stake in Polestar, acquired in 2015, the luxury electric vehicle brand has encountered challenges since its public listing in June 2022. Analysts expressed concerns about Polestar’s impact on Volvo’s resources, prompting Volvo’s strategic reassessment.

Rowan affirmed Volvo Cars’ commitment to streamlining its operations and seeking external funding avenues, positioning the company for sustained growth and innovation.

In conclusion, Volvo Cars’ decision to halt funding for Polestar reflects a proactive approach to restructuring and resource optimization, signaling a renewed focus on driving innovation and sustainable growth in the evolving automotive landscape.

Curious to learn more? Explore our articles on Enterprise Wired

[sagorika]

What’s new with Zeekr electric car market?

What’s new with Zeekr electric car market? #EV #electriccar

In 2020, Zeekr was established as a subsidiary of Geely Automobile Holdings. It is a Chinese electric vehicle manufacturer. High-performance EVs are aimed for production by the company to leverage Geely’s expertise in the automotive industry. Zeekr 001 is the first model to be unveiled in April 2021. The Zeekr 001 is a luxury electric sedan with advanced feature technology and high-performance…

[gadgetsboy]

The Polestar 4 Seeks to Redefine the SUV Coupé

Polestar recently announced the Polestar 4, an electric performance SUV coupé and the second SUV in the brand’s line-up. The new vehicle combines the "traditional" aerodynamics of a coupé along with the space of an SUV, and integrates design elements from Polestar's earlier concept cars. Positioned between the Polestar 2 and 3 in both price and size, the Polestar 4 comes with a new approach to SUV coupé designs, and the company adds that it has given the Polestar 4 better comfort and experience for drivers and passengers alike. This includes eliminating the rear window, separating the dual blade front lights, a lower nose for improved aerodynamics, along with other elements such as retractable door handles, rear aero blades, and better air flow on the rear light bar. The Polestar 4 is built on Geely Holding's "Sustainable Experience Architecture," resulting in measurements of 4,839 mm length, 2,139 mm width, and 1,544 mm height. This also means more spacious interior proportions, which allows for reclining rear seats, adjustable ambient lighting, and even a glass roof with optional electrochromic functionality, which lets users adjust their desired transparency. Additionally, rear passengers can also adjust functions such as media playback and climate control thanks to a secondary display located between the front seats. As with most cars these days, there's an integrated infotainment system on board which runs on Google's Android Automotive OS and the Snapdragon Cockpit Platform. This setup includes a 15.4-inch display, with built-in support for Google Assistant, Google Maps and Google Play as well. Sound is handled by a Harman Kardon audio system, an optional add-on that comes with 12 speakers and a 1,400-Watt channel-hybrid amplifier. Two headrest speakers are added to each front seat with the optional Nappa Pack, and Apple CarPlay is included as well. In terms of speed and power, the Polestar 4 can achieve a 0-63 mph sprint in just 3.8 seconds, with a maximum power output of 400 kW/544 hp. Dual and single-motor versions of the car will be available, with the latter featuring rear-wheel drive. The dual-motor version meanwhile will come with a semi-active suspension system, and wheels will be available in 20 to 22-inch sizes. Both long-range versions will also run on a 102 kWh battery. The Long range Dual motor variant features 400 kW (544 hp), 686 Nm and a preliminary range target of up to 350 miles WLTP, with a disconnect clutch that allows the car to disengage the front electric motorwhen not needed. Up to 200 kW DC and 22 kW AC charging is included for all versions, with a motorised charge lid. There's also bi-directional charging onboard, with vehicle-to-load capability that enables external devices to charge off the car. There's also a new drive optimisation function that lets drivers choose between range orperformance driving modes, although this will be exclusive to the Long range Dual motor version. Meanwhile, Performance mode sharpens up responsiveness from the powertrain and engages both motors at all times for full power and performance. Range mode on the other hand prioritises efficiency, adapting the powertrain to a calmer style and forces use of only the rear motor. The Long range Single motor version features a 200 kW (272 hp) and 343 Nm motor at the rear and preliminary range target of up to 372 miles WLTP. As for safety, the Polestar 4 will feature up to nine airbags inside the vehicle, as well as a driver assistance system courtesy of Mobileye. This includes a setup of 12 cameras, a radar, and 12 ultrasonic sensors, including a driver monitoring camera which relays data (without video recording) and tracks movements to avoid fatigue-caused accidents and such. A 10.2-inch driver display is mounted ahead of the steering column which works in tandem with a heads-up display (HUD) with 14.7-inch projection area in front of the driver which provides access to telephony features and navigation information. The Polestar 4 will also feature different equipment packs which are optional. These include: - The Plus Pack which comprises comfort and technology upgrades - The Plus Pro Pack adds a colour-coded body execution, electrochromic glass roof and additional interior illumination - The Nappa Pack can be specified in addition to the Plus Pack, and includes animal welfare-secured Nappa leather upholstery with ventilation, massage and additional headrest speakers for the front seats - The Pilot Pack includes Pilot Assist and its extended features. - The Performance Pack increases the performance look and driving experience of the Long range Dual motor version, with 22-inch wheels, 4-piston Brembo brakes, Polestar-Engineered performance chassis tuning and Swedish gold details for the brakes, seat belts and valve caps In terms of availability, Polestar plans a full-scale launch for several markets including Europe, North America and Asia Pacific in 2024, with sales and production ramping up for said regions through the course of the year, with more details to follow. Pricing ranges from around EUR 60,000/USD 60,000/GBP 55,000. Read the full article

[max--phillips]

Y’all wanna know something that is sort of baffling to me about cars? How few manufacturers there actually are.

Take a moment to think about all the dealerships in your town, and how many brands there are. Ford, Chevrolet, GMC, Buick, Cadillac, Jeep, Dodge, BMW, Volkswagen, Mercedes-Benz, Volvo, Fiat, Audi, Mazda, Kia, Hyundai, Toyota, Nissan, Honda, Lexus, Chrysler, Mini, maybe if you’re feeling fancy Porsche, Jaguar, Alfa Romeo, Land Rover, Maserati. The list does indeed go on.

What if I told you that in that list, there are only 12 parent companies?

Reasonably speaking there are about 47 brands (or makes) of car currently being sold new in the US, with a handful of other brands that are discontinued and no longer being manufactured, and a few small electric vehicle brands that are standalone. For all of those, there are 17 parent companies.

Those parent companies are:

Hyundai Motor Company

Nissan (technically the Renault-Nissan-Mitsubishi Alliance)

Jaguar Land Rover

Honda Motor Company

Stellantis

Volkswagen Group

General Motors

BMW AG

Toyota Group

Ford Motor Company

Zhejiang Geely Holding Group

Mercedes-Benz AG

Karma Automotive

Tesla, Inc.

Aston Martin

McLaren Group

Ferrari

With one special shout-out to Amazon getting a stake in Rivian alongside Ford.

Ready to know just how interconnected this shit is? I’m going to put this breakdown under the cut because it’s going to get long and annoying. But interesting in my humble opinion. I’m going to put each make of vehicle listed with their parent company, and list the current models as well. Plus some commentary because I can’t help myself. Here we go

Hyundai Motor Company

Hyundai

Current models are the Venue, Kona, Tucson, Santa Cruz, Santa Fe, Palisade, Ioniq 5, Nexo, Accent, Elantra, Sonata, Ioniq 6, and Veloster.

Kia

Current models are the Soul, Seltos, Sportage, Sorento, Carnival MPV, Telluride, Niro, EV6, Rio, Forte, K5, and Stinger

Genesis

This entire make actually started as the Hyundai Genesis, a single model of vehicle, but is now its own thing. Because it’s a luxury brand, the names are kind of annoying, as you’ll see further down the list. Those current models are the G80, G70, G90, GV60, GV70, and GV80.

————

Nissan

Nissan

Current models are the Kicks (formerly Juke), Rogue, Rogue Sport, Murano, Pathfinder, Armada, ARIYA, Versa, Sentra, Altima, LEAF, Maxima, Nissan Z, GT-R, Frontier, and Titan.

Mitsubishi

Current models are the Outlander, Eclipse, and Mirage.

Infiniti

Current models (and this is a luxury brand, so lots of numbers and leters) are the Q50, Q60, QX50, QX55, QX60, and QX80.

————

Jaguar Land Rover

Honestly you’re never gonna guess this one

Jaguar

One of the luxury brands with fewer annoying names in my opinion. Current models are the F-Pace, E-Pace, I-Pace, F-Type, and XF.

Land Rover

Another luxury brand with slightly less annoying names. Current models are the Range Rover, Range Rover Sport, Range Rover Velar, Range Rover Evoque, Discovery, Discovery Sport, and Defender.

————

Honda Motor Company

Honda

Current models are the HR-V, CR-V, Pilot, Passport, Civic, Accord, Odyssey, Ridgeline, with the Prologue coming sometime in 2024.

Acura

Current models are the Integra, TLX, NSX Type S, RDX, MDX, NSX GT3 Evo22 which is a racing car, and the ZDX coming sometime in 2024.

————

Stellantis

Alfa Romeo

Total of three whole models currently in production (kinda.) Currently available are the Stelvio and Giulia, both with Quadrifoglio packages, with the Tonale coming in the spring. Shoutout to the 4C and 4C spider because those are coupes and they’re nice although no longer actively being made

Chrysler

Current models are the Chrysler 300, Pacifica, with the 300C coming sometime next year. Shoutout to the Town & Country though.

Dodge

Current models are the Charger, Challenger, and Durango, but another special shoutout to the Grand Caravan.

Fiat

Don’t buy these. They, much like Jeeps, break all the time to the point there’s a joke that “Fiat” stands for “Fix it again, Tony.” Anyway, the only current model is the Fiat 500x, but you can still find the 124 Spider, 500, 500 Abarth, 500c, 500c Abarth, 500e, and 500L around.

Jeep

Also don’t buy these. They spend more time in the shop than on the road. Current models are the (Grand) Wagoneer (which is ugly as hell imo), Grand Cherokee, Wrangler, Compass, Gladiator, and Renegade.

Maserati

Common knowledge is these are also garbage cars, and you’re paying for the name. Current models are the Grecale, Levante, Ghibli, Quattroporte, and MC20.

Ram

Current models are the 1500, 2500, 3500, Chassis Cab, and ProMaster. These are all trucks, and while they used to be part of the Dodge lineup (which is why you’ll still see Dodge Rams around or hear people refer to them as such), they have become their own brand aimed mostly at professionals in construction and transportation.

Defunct: Plymouth, although it was only owned by Chrysler at the time it suspended operations. The history of who owns what in this particular line up of brands is really complicated.

————

Volkswagen Group

Audi

One of the more annoying naming conventions, in line with other luxury brands of the same price range. Current models are the e-tron, e-tron Sportback, e-tron S, e-tron S Sportback, e-tron GT, RS e-tron GT, Q3, Q4 e-tron, Q4 Sportback e-tron, Q5, Q5 Sportback, SQ5, SQ5 Sportback, Q7, SQ7, Q8, SQ8, RS Q8, A3, S3, RS 3, A4, A4 allroad quattro, S4, A5 coupe, S5 coupe, RS 5 coupe, A5 Sportback, S5 Sportback, RS 5 Sportback, A5 Cabriolet, S5 Cabriolet, A6, S6, A6 allroad quattro, RS 6 Avant, A7, S7, RS 7, A8, S8, TT coupe, TTS coupe, TT Roadster, R8 coupe, and R8 Spyder.

Bentley

As with higher luxury brands, there aren’t a ton of models. Currently in production are the Bentayga, the Continental GT, and the Flying Spur.

Lamborghini

In line with the above, we only have three models. The Aventador, Huracan, and Urus. (Hot tip: the Urus, their only SUV, is on the same exact platform as the Audi Q7, Audi Q8, Bentley Bentayga, Porsche Cayenne, and Volkswagen Touareg. So, rather than spend $225,500 on a Urus, go and get yourself a Cayenne or Panamera witht he same engine in it for half the price, or if you’re after the interior and space, a Q7 or Q8 $60k, or a Touareg for something like $20k.)

Porsche

Porsche my beloved. I will never say a single bad thing about this brand. Other than the fact that sometimes their naming conventions, particularly for their coupes, cane get a little confusing. Nonetheless, current models include the 718, 911, Taycan (which is all electric, which surprised me, tbh), Panamara, Macan, and Cayenne. However, you start seeing the confusing naming conventions once you get into all the options. See, my mom drives a Boxter. But, do I have any idea if it’s a 718 or a 911? No. So, a further breakdown of the models:

718 models: Cayman, Boxter, Cayman Style Edition, Boxter Style Edition, Cayman T, Boxter T, Cayman S, Boxter S, Cayman GTS 4.0, Boxter GTS 4.0, Cayman GT4, Spyder, Cayman GT4 RS.

911 models: Carrera, Carrera T, Carrera Cabriolet, Carrera 4, Carrera 4 Cabriolet, Carrera S, Carrera S Cabriolet, Carrera 4S, Carrera 4S Cabriolet, Targa 4, Targa 4S, Carrera GTS, Carrera GTS Cabriolet, Carrera 4 GTS, Carrera 4 GTS Cabriolet, Targe 4 GTS, 911 Edition 50 Years Porsche Design, Turbo, Turbo Cabriolet, Turbo S, Turbo S Cabriolet, GT3, GT3 with Touring Package, GT3 RS, Sport Classic

Taycan models: Taycan, 4 Cross Turismo, 4S, 4S Cross Turismo,  GTS, GTS Sport Turismo, Turbo, Turbo Cross, Turbo S, Turbo S Cross

Panamera models: Panamera, Platinum Edition, 4, 4 Edition, 4 Executive, 4 Sport Turismo, 4S, 4S Executive, 4S Sport Turismo, 4 E-Hybrid, 4 E-Hybrid Platinum Edition, 4 E-Hybrid Executive, 4 E-Hybrid Sport Turismo, 4S E-Hybrid, 4S E-Hybrid Executive, 4S E-Hybrid Sport Turismo, GTS, GTS Sport Turismo, Turbo S, Turbo S Executive, Turbo S Sport Turismo, Turbo S E-Hybrid, Turbo S E-Hybrid Executive, Turbo S E-Hybrid Sport Turismo

Macan models: Macan, T, S, GTS

Cayenne models: Cayenne, Platinum Edition, Coupe, Coupe Platinum Edition, E-Hybrid, E-Hybrid Platinum Edition, E-Hybrid Coupe, E-Hybrid Coupe Platinum Edition, S, S Platinum Edition, S Coupe, S Coupe Platinum Edition, GTS, GTS Coupe, Turbo, Turbo Coupe, Turbo S E-Hybrid, Turbo S E-Hybrid Coupe, Turbo GT

Could these be condensed to trim packages? Probably. But they are all listed as individual models.

Volkswagen

Current models are the ID.4, Atlas, Tiguan, Taos, Jetta, Arteon, and Golf, with the ID. Buzz coming 2024 (return of the VW bus!). Special shoutout to the Beetle of course.

Bugatti

Ugh. So, this is stupid and complicated, but ultimately they only have two models, the Chiron and the W16 Mistral. The Veyron doesn’t count if memory serves. At the end of the day these are cars that cost between $2 and $20 MILLION UNITED STATES DOLLARS so don’t even worry about it.

————

General Motors

Buick

Current models are the Encore, Envision, and Enclave.

Cadillac

Current models are the XT4, XT5, XT6, Escalade, CT4, and CT5.

Chevrolet

Current models are the Trax, Trailblazer, Equinox, Blazer, Traverse, Tahoe, Suburban, Colorado, Silverado, Bolt, Spark, Malibu, Camaro, Corvette Stingray, and Corvette Z06. Shoutout to the Cruze, tho, I drive one of those

GMC

Current models are the Canyon, Sierra, Terrain, Acadia, Yukon, and the Hummer EV.

Defunct: Hummer (brought back as a model under GMC), Oldsmobile, Pontiac, Saturn

————

BMW AG

BMW

Also some annoying names. X1, X3, X4, X5, X6, X7, iX, 2 Series, 3 Series, 4 Series, 5 Series, 7 Series, 8 Series, M3, M5, M8, i4, i7, M4, and Z4. Shoutout to the i3 though you stupid piece of shit golf cart

Mini

Current models are the Electic Hardtop, Hardtop 2 Door, Hardtop 4 Door, Countryman, Clubman, and Convertible.

Rolls-Royce

Because fancy, not a ton of models. Current models are the Spectre, Phantom, Phantom Extended, Cullinan, Ghost, Ghost Extended, and Black Badge.

————

Toyota Group

Lexus

Current models are the UX Hybrid, NX, RX, GX, LX, IS, ES, LS, RC, LC, with the RZ 450e coming sometime in the future.

Subaru

I’m like, triple into this brand despite not owning one. I’m a lesbian, I grew up in Lafayette where their factory is one of the biggest employers, and my grandpa actually retired from that factory. Anyway, current models are the Crosstrek, Forester, Outback, Ascent, Solterra, Impreza, Legacy, BRZ, and WRX. Shoutout to the short-lived Baja which they should bring back.

Toyota

Current models are the Crown, Prius, Corolla, Camry, Mirai, GR86, GR Supra, Sienna, Tacoma, Tundra, Sequoia, Highlander, Venza, C-HR, RAV4, Corolla Cross, 4Runner, and bZ4X.

Mazda

Current models are the MX-5 Miata, CX-30, CX-5, CX-50, CX-9, Mazda3, and if you’re in California, the MX-30 EV. Shoutout to the Mazda6, specifically model years 2009-2012, for the gas line spider problem.

Defunct: Scion, Suzuki

————

Ford Motor Company

Lincoln

Current models are the Navigator, Aviator, Nautilus, and Corsair, though they have the Star and L100 concept cars listed as well.

Ford

Current models are the Ecosport, Escape, Bronco, Explorer, Edge, Mustang Mach-E, Expedition, Maverick, Ranger, F-150, Mustang, and a handful of commercial vehicles. Shoutout to the Ford Focus and Fiesta.

Rivian*

This is a brand spanking new brand that only technically is owned by Ford. They’re all-electric trucks. The R1T is a standard pickup, and the R1S is totally enclosed; think more like a Chevy Suburban.

Defunct: Mercury

*Shared ownership with Amazon

————

Zhejiang Geely Holding Group

Lotus

This is a luxury/performance brand. The only models are the Eletre, Emira, and Evija.

Volvo

Current models are the C40 Recharge, XC40, XC60, XC90, S60, S90, V60, and V90.

Polestar

I did not know this brand existed until like, June of this year. They’re an electric lineup, and their models are the Polestar 1, Polestar 2, and Polestar 3. They only made 1500 Polestar 1s.

—————

Mercedes-Benz AG

Mercedes-Benz, Mercedes-AMG, and Maybach

I don’t see the point in differentiating between these three. Current models are the GLA, GLB, GLC, EQB, GLE, GLS, EQS, G-Class, A-Class, C-Class, E-Class, S-Class, CLA, CLS, Mercedes-AMG GT, SL Roadster, and AMG One.

Defunct: smart

————

Notable standalone makes, meaning they are their own company and don’t have a billion subsidiaries (looking at you, Stellantis)

Aston Martin - luxury brand

McLaren - sports car and racing brand

Ferrari (after briefly being part of Fiat/FCA before it was part of Stellantis) - sports car and racing brand

Karma - weird hybrid sports car that’s like, wildly heavy for what it is?? Cars weigh a lot but that’s a LOT for a sports car.

Tesla - you know.

[itcars]

Polestar 3 to be Manufactured in the USA

The Polestar 3 will be built in Ridgeville, South Carolina. Opened by Volvo Cars in 2018, use of this facility is one of the major advantages of having family ties with both Volvo and Geely Holding.

Polestar 3 is an aerodynamic SUV showcasing the next evolution of Polestar’s design language, and the native Android Automotive operating system, first debuted in Polestar 2.

And given that America is one of the two largest single markets for electric vehicles (the other being China, where Polestar 3 will also be produced), it will no longer be relegated to export market status when it comes to Polestar.

This expansion isn’t just about the product line. It’s also about Polestar’s American retail presence. Polestar spaces will be seen in 25 locations throughout 2021.

[rhk111sblog]

Malaysia is pursuing more strongly its De-Dollarization efforts as a Chinese Company is developing a new Industrial Park for Electric Vehicles (EV) there; China added a new stop in Thailand for its Sea Route to the Persian Gulf; Chinese and Singaporean Legislators met recently to improve “Political Trust”; and others; And China starts its Cold-Chain Freight Train operations to Laos and Vietnam

[cnevpost]

Zeekr makes foray into Brazil with launch of Zeekr 001

The Zeekr 001 starts at about $76,390 in Brazil, with deliveries set to begin in November. (Image credit: Zeekr) Zeekr (NYSE: ZK) has entered the Brazilian automotive market, further expanding its international footprint. The premium electric vehicle (EV) subsidiary of the Geely Holding Group launched the Zeekr 001 shooting brake in Sao Paulo on October 10 as its first model there. The Zeekr 001…

[acecombatmutual]

updated fake manufacturers list!

BMW Group - RMS (Ruotsin Moottorilaitos) Group [Swedish Motor Works] BMW - RMS Mini Rolls-Royce

Daimler AG Mercedes-Benz - Lambre-Orléans Mercedes X-Class - Lambre Gen. Z Smart

Fiat Chrysler Automobiles - Angeli-Assedio Automobiles Alfa Romeo Chrysler - Assedio Dodge - Teton Fiat - Gli Angeli Jeep - Venusia Maserati - Triesti Ram - Handler Groupe PSA: Citroen - Sarthe DS Automobiles Peugeot Opel - Garnat Vauxhall

Ford Motor Company - Fljótur Automotives Inc. Ford - Fljótur Ford Suburban - Fljótur CJ Ford F150 - Fljótur Fayette Ford F250~450 - Fjlótur F-R Ford Sierra - Fljótur Humboldt Lincoln - Skýjað

General Motors - United Motors Buick - Vernon Buick LeSabre - Vernon Crossguard Cadillac - Arkshire Chevy - Falcon Chevy Cobalt - Falcon Beryl Chevy Camaro - Falcon Fresno Chevy Silverado - Falcon Adamantine GMC - UMN Pontiac - Grand Rapids Pontiac Aztec - Grand Rapids Maya

Harley-Davidson - Atkinson-Crosse Harley-Davidson Electra Glide - AC Stresemann

Honda Motor Company Acura Honda - Chuzenji Honda Metropolitan - Chuzenji Suburbia

Hyundai Motor Group - Yeoungsan Automotive Manufacturers Genesis Hyundai - Yeoungsan Kia

Mazda Motor Corporation Mazda

Renault-Nissan-Mistubushi Alliance - Koyoshi Auto Group Infiniti Mitsubishi Mitsubishi Lancer Nissan

Subaru Corporation - Tanigawa Corporation Subaru - Tanigawa Subaru Impreza - Tanigawa Lysholm

Tata Motors Jaguar Land Rover - Antares Land Rover Discovery - Antares Syrtis

Tesla - Archimedes Tesla Model 3 - Archimedes Syracuse III

Toyota Motor Corporation Lexus Toyota

Ferrari - Sovana Ferrari F8 Tributo - Sovana S Mori

Volkswagen Group Audi Bentley Bugatti Lambo Porsche Volkswagen

Freightliner Freightliner Cascadia - Abercynon Niagara

Zhejiang Geely Holding Group Lotus Polestar Volvo

[autobitesasia]

AutoBites.Asia is an online news, insight, and research portal for the automotive industry. Please Support Like, Share, Subscribe, and comment. About Polestar Polestar is the electric performance car brand jointly owned by Volvo Car Group and Zhejiang Geely Holding. Polestar enjoys specific technological and engineering synergies with Volvo Cars and benefits from significant economies of scale as a result. This facilitates the successful design, development and production of separately-branded, electric performance cars. Polestar launched in 2017 with the Polestar 1 – a low-volume Electric Performance Hybrid GT with 609 hp, 1,000 Nm and an electric-only range of 124 km (WLTP) – the longest of any hybrid car in the world. In 2019, the Polestar 2 was revealed as the company’s first fully electric, higher volume premium car. Arriving in markets from the middle of 2020, the Polestar 2 electric performance fastback comes with 300 kW and 660 Nm, all-wheel drive, a 78 kWh battery pack and a range of 470 km (WLTP) for the first year of production. In 2020, Polestar released the Precept – a vision study vehicle designed to showcase the brand’s future vision in terms of sustainability, digital technology and design. In the future, Polestar 3 will join the portfolio as a fully electric performance SUV. Source        :  https://www.polestar.com/ Youtube      : https://www.youtube.com/AutoBitesAsia FaceBook   : https://www.facebook.com/AutoBitesAsia Twitter        : https://twitter.com/AutobitesA Instagram  : https://www.instagram.com/autobites.a... Web            : https://autobitesasia.blogspot.com/ Music         : https://www.bensound.com/royalty-free...      

[maando-mba-prince-carl-philip]

Prince Carl Philip of Sweden visits Volkswagen

02.04.2019

: HRH Carl Philip, Prince of Sweden, is signing the Volkswagen guest book. From left: HRH Carl Philip, Prince of Sweden next to Andreas Renschler, CEO of TRATON SE and a Member of t

HRH Carl Philip, Prince of Sweden, is signing the Volkswagen guest book. From left: HRH Carl Philip, Prince of Sweden next to Andreas Renschler, CEO of TRATON SE and a Member of the Volkswagen Aktiengesellschaft Board of Management    Visit centered on Volkswagen’s e-mobility strategy and test drives in the Volkswagen Group’s latest-generation electric vehicles    Sweden is one of Europe’s largest markets for electric vehicles – Passat GTE1 is the best-selling electric car in Sweden    With Scania, the Volkswagen Group is one of the largest industrial investors in Sweden – €2.4 billion invested in the country in the last ten years    Prince Carl Philip met with Swedish startup entrepreneurs at a Volkswagen event on innovative manufacturing technologies and Industry 4.0 Sweden is the Partner Country of Hannover Messe 2019. During his official visit to Germany, Prince Carl Philip was welcomed by Volkswagen Group representatives in Wolfsburg and found out more about the company’s e-mobility strategy. The Swedish Prince was one of the first to test the Group’s new generation of electric cars, including models from the Volkswagen ID. family. Sweden is one of Europe’s largest markets for electric vehicles. Andreas Renschler, CEO of TRATON SE and a Member of the Volkswagen Aktiengesellschaft Board of Management, said: “Sweden is a role model in the area of climate protection. Today, more than half of the electricity generated already comes from renewable sources. That is an essential prerequisite for making e-mobility sustainable for passenger cars as well as trucks and buses.” He went on to say: “We have several innovative e-mobility projects in Sweden, for example, Scania will soon begin testing self-driving electric buses for Stockholm’s public transport system.” Sweden is one of Europe’s largest markets for electric vehicles and therefore an important sales market for the Group’s electric models. With reference to Prince Carl Philip’s test drives, the Volkswagen Brand Board Member for Technical Development, Dr. Frank Welsch, commented: “Prince Carl Philip of Sweden is a talented racing driver and an expert on cars. He was a successful participant in the Porsche Carrera Cup Scandinavia from 2008 to 2011. And he visited the Rally Sweden and the Volkswagen Motorsport team. I am delighted that an acknowledged specialist is one of the first to test our new generation of electric vehicles that will hit the market from 2020. Sweden will be one of the major sales markets for our ID.” His Royal Highness Prince Carl Philip met with 34 Swedish startup entrepreneurs in Germany for Hannover Messe 2019 on his visit to the Volkswagen Smart.Production:Lab in the IT:City, Wolfsburg. These selected startups participated in an Innovation Day at Volkswagen where concepts and innovations such as electrically-powered automated transport concepts and virtual reality solutions as well as machine learning and artificial intelligence software tools were presented. The event was designed to intensify Swedish-German cooperation in the field of innovative manufacturing technologies and Industry 4.0. The Volkswagen Group is one of the largest industrial investors in Sweden. Scania invested €2.4 billion in Sweden in the last ten years. Scania produces trucks and buses in Europe, South America and Asia and is one of the world’s leading manufacturers of sustainable transport solutions. 96,500 trucks and buses were delivered to customers in 2018 – 19,000 of which were built at the Swedish plant in Södertälje. 20,700 of Scania’s total workforce of 52,100 are employed in Sweden. In early 2018, Scania invested €10 million in the battery manufacturing company Northvolt. The collaboration concerns the industrial scale production of battery cells. A joint research consortium called European Battery Union led by Volkswagen and Northvolt was announced recently. The consortium is applying for funding from the German Federal Ministry for Economic Affairs and Energy to finance the research, development and industrial scale production of battery technology. Furthermore, the Volkswagen Group is one of the largest car manufacturers in Sweden. 103,000 passenger cars and 16,700 trucks from the Group were registered in Sweden in 2018, accounting for a 27.4 percent share of the passenger car market and a 30 percent share of the truck market. The Volkswagen Golf, Passat and Tiguan are among the top ten passenger car models in Sweden’s registration statistics, putting Volkswagen in second place behind Volvo. Electric vehicles accounted for a market share of eight percent in Sweden in 2018. The Volkswagen Passat GTE Leslie Bothge- photos Volkswagen

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