Sales of electric cars and plug-in hybrids in China increased again in May. Around 717,000 of the so-called New Energy Vehicles (NEV) were sold, according to data published by the China Association of Automobile Manufacturers (CAAM).
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Volvo just launched its first entry-level electric car, and the Chinese-owned car maker surprises with a price that sets a benchmark for customers and competitors alike. The Volvo EX30 was highly anticipated and revealed in full (small) size today, with the UK being the first online launch market.
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Smart has launched sales of the Smart #3 in China. The second model since the brand’s revamp, presented in April, is an all-electric SUV coupé that will also be launched in the first European markets from the end of this year.
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A new report by the International Council on Clean Transportation (ICCT) assesses how effectively the world’s 20 largest automakers are transitioning to electric vehicles. At the top of the ranking is Tesla, followed by Chinese manufacturer BYD, which is catching up fast.
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The Chinese Geely Group will more than double its stake in the British sports car brand Aston Martin. The partnership could push the luxury brand towards more electric mobility.
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Geely’s electric car brand Zeekr has started deliveries in China of the Zeekr 001 equipped with CATL’s Qilin batteries. The optional 140 kWh battery allows ranges of up to 1,032 kilometres in the Zeekr 001 WE, according to Chinese standards.
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Sales of electric cars and plug-in hybrids in China fell slightly in April. According to data from the China Association of Automobile Manufacturers (CAAM), 636,000 new energy vehicles (NEVs) were sold in April – 17,000 fewer than in March.
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Geely’s subsidiary LEVC has presented its modular electric platform SOA (Space Oriented Architecture), which was developed together with the parent company. With this, the manufacturer wants to become the global “leading provider of purely electric mobility solutions”.
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US semiconductor manufacturer Onsemi has won Zeekr as another electric car manufacturer as a customer. The Geely brand has signed a long-term supply contract with Onsemi for the EliteSiC silicon carbide power module.
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Polestar wants to set up a European development centre at the former Saab plant in Trollhättan, Sweden. According to German media, the carmaker intends to rent a 15,000-square-metre building from Trollhättan to conduct development and testing activities.
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Smart has presented the complete design of its second electric model since its revamp. The Smart #3 is an all-electric SUV coupé that will hit the first European markets by the end of this year.
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Geely wants to bring its premium electric brand Zeekr to Europe later this year after it has been exclusive to China. Two Zeekr models will initially be offered in Sweden and the Netherlands.
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Polestar presented its third all-electric series model, the Polestar 4, at the Shanghai auto show. In terms of size and price, the SUV coupé is to be positioned between the Polestar 2 and Polestar 3. The most striking feature: the Polestar 4 no longer has a rear window.
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Zeekr has presented its third electric vehicle model. The design of the Zeekr X has been known since February. With the premiere, there are now also the technical specifications of the compact model, which are hardly surprising in view of the Geely Group.
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The Geely subsidiary Lotus has started deliveries of its first electric model Eletre in China. Later this year, the electric SUV will also be handed over to the first customers in the EU and the UK.
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ElectroMobility Poland (EMP), a budding EV manufacturer backed by the Polish government, wants to add some Italian flair to its Izera EV subsidiary. The company is working with the Italian design company Pininfarina, which is to design three electric cars: an SUV, a hatchback and an estate.
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Around 525,000 new energy vehicles (NEVs) were sold in China in February 2023, 55.9 per cent more than in the same month last year and 28.7 per cent more than in January 2023. BYD accounted for the largest number of vehicles – both NEVs and pure battery-electric cars.
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Over the next two years, Geely wants to launch seven new premium electric cars under its new sub-brand Galaxy. That includes four long-range hybrids and three battery-electric vehicles. The first three models will hit the read before the end of the year.
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According to Chinese media, CATL could significantly reduce battery prices for select automakers. But only under certain conditions. The manufacturer could therefore offer lower prices to some customers in the third quarter of 2023 if they agree to purchase at least 80 per cent of their batteries from CATL in exchange.
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Geely’s premium electric car brand Zeekr has raised 750 Million dollars from external investors. The cash from five strategic investors puts the carmaker at a value of 13 billion dollars.
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The Chinese manufacturer Geely has launched its latest model: the all-electric Panda Mini. There are a total of four variants of the small electric car, which will cost between 39,900 and 53,900 yuan (around 5,500 to 7,400 euros) in China, depending on the equipment.
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Chinese carmaker Zeekr published the first images of its third model, the Zeekr X. The SUV will first be shown at the Auto China in Shanghai in April and will probably be available in China before the end of the year. It will most likely also be sold in Europe but at a later date.
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The Geely subsidiary Lotus has announced its intention to list its electric car division Lotus Technology on the stock exchange. Accordingly, the plan is to list on the US stock exchange Nasdaq through a merger with L Catterton Asia Acquisition Corporation, which is already listed there.
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Polestar gives its Polestar 2 a comprehensive update for the new model year, including new engines and more powerful batteries. The single-motor variants are now rear-wheel drive, analogous to the electric drive system update for the Volvo models XC40 and C40 – but with more power in the Polestar than in the Volvos.
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The Geely subsidiary LEVC (London Electric Vehicle Company) is facing a future as a pure electric vehicle manufacturer, according to a media report. In order to make this change, parent company Geely is said to be planning a major investment.
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Volvo Cars has announced plans to launch its own offshoot of the 009 electric van from the Zeekr brand, which is also part of the Geely Group, in China at the end of 2023.
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Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacturers (CAAM) and represents an increase of 93.4 per cent compared to 2021.
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Geely’s Premium electric brand Zeekr has begun serial production of its second model. The electric van Zeekr 009 is now rolling off production lines in the company’s plant in Hangzhou Bay, Ningbo city in the east Chinese province of Zhejiang. Deliveries should start shortly.
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In China, Geely’s premium electric brand Zeekr is now offering its 001 with CATL’s Qilin battery for the first time in the new 2023 model year. This battery option with a capacity of 140 kWh increases the range of the Zeekr 001 to up to 1,032 kilometres according to Chinese standards.
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The Chinese electric car joint venture Jidu Auto of Baidu and Geely has presented its first two models. These are an electric SUV and an electric sedan, which are intended to focus on autonomous driving.
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