Tag: Automobiles
Geely forays into high-end EV market with new startup ‘Zeekr’
Chinese multinational automotive company Geely, owner of Volvo Cars, has launched Zeekr, a high-end electric vehicle (EV) brand aimed at China's rising demand for...
Volvo-backed EV maker Polestar raises $550mn in external funding
Sweden-based Polestar, the electric car maker controlled by Volvo and its parent, the Chinese automaker Geely, has raised $550 million in external funding, the...
Intel’s Mobileye unites with startup Udelv for automated delivery vehicles
Mobileye, the Israeli subsidiary of American multinational corporation Intel, has partnered up with Udelv, a four-year-old US company, to bring automated electric delivery vehicles...
Cruise’s driverless robotaxis set to arrive in Dubai in 2023
Cruise, the autonomous vehicle company backed by US-based General Motors (GM) and Japan's Honda is set to begin the first international robotaxi service in...
BMW waited for the right moment with its EV launches; CEO
The German luxury automobile manufacturer, BMW has well scheduled its shift to electric cars and its upcoming products will upend the thought that the...
Tech startup ECARX to launch new auto chip with Arm China
ECARX, an auto tech startup backed by Geely's chairman and Chinese company Baidu expects to supply products with 7 nanometers (nm) chips as early...
Volvo, ECARX are teaming up to develop smart car software systems
Swedish premium automaker Volvo Cars and ECARX, a smart car technology startup co-founded by Chinese automaker Geely's Chairman will launch a joint venture to...
Foxconn in talks with Vietnam’s VinFast on EV partnership: Sources
Vietnam’s largest conglomerate Vingroup’s car unit is in early-stage talks with the key iPhone assembler Foxconn to jointly work and form partnerships focusing on...