Remove Chinese Remove Companies Remove Market Remove SUV
article thumbnail

Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435
article thumbnail

GAC Motor officially releases all-electric SUV GE3 into the Chinese market

Green Car Congress

China-based GAC Motor has introduced its all-electric GE3 SUV into the Chinese market; the GE3 made its international debut at the 2017 North American International Auto Show (NAIAS) in January. The GE3 is based on a new EV platform and positioned as a medium- to high-end electric SUV. seconds, braking distance 12.8

article thumbnail

Polestar is Cooking Up a Smartphone for the Chinese Market

The Truth About Cars

China is the world’s largest auto market, with nearly 30 million cars sold there last year, and automakers of all stripes are eager to grab a piece of the action, especially with electric vehicles. It has developed a new smartphone that it plans to sell with its debut SUV in the country, the Polestar 4.&

Chinese 108
article thumbnail

BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

BYD Company Ltd. The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s.

BYD 186
article thumbnail

Audi FAW NEV Company to begin construction of new EV plant; 150k EVs per year

Green Car Congress

Audi FAW NEV Company Ltd.—the —the first cooperation company with a majority interest held by Audi in China—is set too begin construction on its new EV plant in Changchun, following approval by the Chinese authorities. The first cars to roll off the line will be an electric SUV and an e-limousine.

Audi 276
article thumbnail

Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

Green Car Congress

Xiaomi’s experience and insight in consumer behavior, technology knowhow and market trends can add tremendous value to what Xpeng Motors is set to achieve. The company plans to launch the P7 sedan in the spring 2020 and will start delivery in 2Q 2020. The company launched its first production model, the G3 SUV, in December 2018.

Chinese 199
article thumbnail

Volvo enters autonomous driving market via company acquisition

Teslarati

While many automakers now view autonomous driving products as the auto industry’s future, recent history has shown that it can be a highly volatile market. A month ago, Ford was forced to divest from its autonomous vehicle company after struggling with profitability. Zenseact is now a 100% subsidiary of Volvo Cars.

Volvo 98