Urban Mobility
Flying Car Startup Terrafugia just got Acquired by Volvo Owner Geely SANTA CLARA, California, November 16, 2017 /PRNewswire/ — This week flying car start up Terrafugia was acquired by Chinese automotive group Geely. Founded in 2006, the company was one of the first to focus on flying cars and the acquisition now provides the company access to global markets. Terrafugia
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STOCKHOLM, Sept. 14, 2017 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has been selected by Geely to develop an industry leading 77GHz high-resolution radar systems for autonomous driving. Geely, a leading Chinese car manufacturer, awarded Autoliv a 77GHz high-resolution radar contract for its commitment and unique strength in technology development, innovation and manufacturing
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Here’s what (we think) we know Less than 18 months after the Malaysian government announced that it wants to waive import duties on 100 Tesla electric cars in effort to promote electric vehicles (EVs), the project is now on hold, sources say. At last count, only 16 Teslas had been brought in by Greentech Malaysia thus far, people familiar
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The Interview On May 9, Uber Malaysia’s general manager Leon Foong told business radio BFM that Uber and national carmaker Proton is discussing a potential partnership. While there are no further details available yet, there are several possibilities in the air. Uber Proton Partnership The more likely scenario would be for a special sales arrangement between Proton and Uber. This
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Geely’s London Taxi Company wants to lead the charge to sustainable urban mobility – and towards the end of this year will release the world’s first zero emission capable purpose-built taxi on to the streets of the UK and Europe. The London Taxi Company (LTC) today announced the official opening of the UK’s first car plant dedicated solely to the production of
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Lynk & Co: Challenging Auto Industry Conventions GOTHENBURG, Sweden, Oct. 20, 2016 /PRNewswire/ — LYNK & CO is a new brand with the ambition to challenge the conventions of the automobile industry, addressing the needs and preferences of the new global and connected generation A Geely Auto Group brand, designed and engineered in Sweden Every model will feature electrified powertrains
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The iconic London TX4 taxi will finally meet its end in mid-2017 when it will be replaced by the brand new hybrid-electric TX5. In May, Geely has raised US$400 million through a ‘green’ bond issue to fund the development of the new hybrid-electric TX5 successor to the Black Cab. The London Taxi Company (LTC), the company that makes the TX4 and will make
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KUALA LUMPUR: The Edge had previously reported that French car manufacturers Group PSA and Renault SA have been in talks with Proton since the beginning of the year. Other automakers that are said to be in the running are Volkswagen, General Motors, Suzuki Motor Corp, and at least one Chinese automaker which is believed to be Geely. Media reports said DRB-Hicom
Read moreThe approval of the third Volvo base faces a countdown. Reporters learn that the “V auto project” base located in Luqiao, Taizhou, will be the third domestic base of Volvo, after Daqing and Chengdu. The construction of Taizhou base was started last year, which will mainly produce “L” series new brand models based on the CMA platform, by Geely and
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