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The China News Database was last updated at 01:50PM on November 9, 2023.
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149 articles matching the search query.
Baidu set to announce EV venture with automaker Geely, report says
The announcement may come as soon as next week.
January 7, 2021 Source: Tech in Asia
Baidu plans smart EV company, to make cars at Geely plant: Report
China's Baidu plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be ...
January 6, 2021 Source: CNA
Geely Auto seeks $3 billion Shanghai STAR Market listing
Geely Automobile Holdings plans to raise 20 billion yuan ($2.93 billion) from a public share sale on Shanghai's Nasdaq-style STAR Market to invest in new car models and technologies, exchange filings showed on Tuesday.
September 1, 2020 Source: U.S.
China's Geely Automobile trims full-year sales outlook after profit plunge
Geely Automobile Holdings Ltd on Monday booked a 43% drop in half-year profit and trimmed its full-year sales goal, sending its shares down 4%, as the coronavirus outbreak continues to trouble the world's biggest auto market.
August 17, 2020 Source: U.S.
Dongfeng the Latest to See Stock Surge on China Listing Plan
Dongfeng Motor Group Co. surged in Hong Kong after unveiling plans to also list on the mainland, the latest example of such intentions providing a big boost to a Chinese firm’s existing shares.
July 27, 2020 Source: Bloomberg
Geely Automobile steps toward mainland China listing; HK shares surge
Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.
June 17, 2020 Source: U.S.
Fears for Volvo Expose Sour Turn in Sweden’s Ties With China (Published 2020)
When a Chinese manufacturer swept in to save the Swedish car marque, it was warmly welcomed. A decade later, plans for a fuller merger are being debated in a frostier atmosphere.
June 14, 2020 Source: The New York Times
China Billionaire Li Shufu Starts Rival to Elon Musk's SpaceX
The Chinese owner of Volvo Cars announced it will become the country’s first private company to build satellites as billionaire Li Shufu follows Elon Musk into space.
March 3, 2020 Source: Bloomberg
China's Geely Automobile in talks on boosting ties with Volvo
Link-up would create global business listed in Hong Kong and Stockholm
February 10, 2020 Source: Nikkei Asia
Geely Surges in Hong Kong on Proposed Merger With Volvo Cars
Billionaire Li Shufu’s Geely Automobile Holdings Ltd. surged in Hong Kong trading after the company announced plans to merge with Swedish affiliate Volvo Cars, a move that could pave the way for China’s first global carmaker.
February 10, 2020 Source: Bloomberg
Daimler Wins Approvals for China Smart Venture With Geely
Daimler AG and Chinese partner Zhejiang Geely Holding Group officially established their joint venture that will make electric Smart cars after winning the required regulatory approvals.
January 8, 2020 Source: Bloomberg
China Car Market Resumes Historic Slump With No Respite in Sight
Chinese auto sales returned to a downward trajectory last month after a brief uptick, showing the market’s historic rut is far from over.
August 9, 2019 Source: Bloomberg
Geely Profit Warning Seen as Bad Omen for Other China Carmakers
Geely Automobile Holdings Ltd., controlled by Volvo Cars owner Li Shufu, issued a profit warning that drove down its shares and those of other Chinese automakers as it sparked concern investors are underestimating the depths of the industry’s slump.
July 9, 2019 Source: Bloomberg
China's Secret Weapon in the Electric Car Race
Local automakers are hoarding the country’s “new-energy vehicle” credits, giving them leverage when renegotiating joint ventures with western rivals
April 14, 2019 Source: Bloomberg
As the US withdraws from Syria, China may boost its influence in the country
Beijing sees the situation in Syria as an opportunity to benefit economically, expand its influence in the Middle East and even boost its globe-spanning Belt and Road infrastructure investment initiative.
April 4, 2019 Source: CNBC
Daimler, Geely Deepen Bond With Electric City-Car Venture
Daimler and Chinese auto maker Geely have agreed to create a joint venture in China to transform Daimler’s struggling Smart compact city car into a global all-electric brand.
March 28, 2019 Source: WSJ
Tesla is staking its future on China — here's what it's up against
Tesla recently broke ground on Gigafactory 3 in Shanghai and has grand ambitions in China but it faces serious competition from a mix of Chinese and foreign automakers already manufacturing electric vehicles there, for example: BYD, BAIC Group, SAIC and NIO; and BMW, Mercedes, Audi and Toyota.
February 12, 2019 Source: CNBC
Exclusive: British Lotus cars to be 'Made in China' at new Geely plant: documents
The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed.
January 16, 2019 Source: U.S.