Geely Automobile Warns of Short-Term Semiconductor Hit But Reiterates Annual Sales Target The company posted a 22% increase in six-month revenue. 2 MIN READ 08.18.2021
Volvo Car Group Raises Stake in Electric Vehicle Maker Polestar to 49.5% Volvo Cars will return to the ownership level it had prior to Polestar's $550 million external round in April 2021. 2 MIN READ 07.13.2021
Renault Boosts Electric Car Battery Production With Two Partnerships The deals will create nearly 4,500 direct jobs in France by 2030, while developing a robust battery manufacturing ecosystem. 3 MIN READ 06.29.2021
Volvo Car Group and Northvolt To Produce Batteries for Next Generation of Electric Cars Northvolt will become the exclusive battery cell production partner in Europe for Volvo Car Group, a unit of China's Geely. 2 MIN READ 06.22.2021
Geely May Revive IPO Plans for Volvo Cars Geely is considering anew an IPO for its Volvo Cars unit after scrapping plans for a deal in 2018. 2 MIN READ 04.1.2021
BMW Says Over Half of Global Deliveries Will Be Electric Vehicles by 2030 By the end of 2025, the company expects to have delivered two million fully electric cars to customers. 2 MIN READ 03.18.2021
