London Electric Vehicle Company (LEVC) begins a phased return to work on the 8th June at its Ansty manufacturing facility. As the company re-starts production of its TX electric taxi and moves into the next prototype phase of VN5 electric van build, a new way of working has been implemented at Ansty.
Daimler AG (Daimler) and Zhejiang Geely Holding Group (Geely Holding), the German and Chinese automotive groups, have announced the formation of a 50-50 joint venture to own, operate and further develop Smart, the pioneer of small urban vehicles, as “a leader in premium-electrified vehicles”.
Volvo Cars and its owner, Geely Holding, have announced they will jointly invest RMB 5 billion (EUR 640 million, or about £570 million) to support the initial phase of Polestar’s product, brand and industrial development
The Chinese automotive manufacturer Geely is about to enter the UK’s new car market and the first models will arrive at the end of 2012.
Zhejiang Geely Holding Group Co., Ltd. (“Geely Holding Group”), one of the fastest-growing car manufacturers in China, today announced it has completed the acquisition of 100 per cent of Volvo Car Corporation (“Volvo Cars”) from Ford Motor Company.
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