EXCLUSIVE Geely, Renault to soon announce hybrid-focused auto JV for Asia – sources
Geely Holding and France’s Renault are likely to soon announce a deal to jointly produce the Chinese automaker’s hybrid vehicles in South Korea and look at possibly exporting cars duty-free to the United States, three people familiar with the matter said.
After $4.4 bln New York IPO, founders of China’s Didi eye global growth
From working at a foot massage company to setting up China’s biggest ride-hailing firm, Will Wei Cheng has navigated several hurdles on the path to taking Didi Global Inc (DIDI.N) public in a $4.4-billion New York float.
Volvo Car partners with Northvolt to develop and produce batteries
Volvo Car Group, owned by China’s Geely Holding (GEELY.UL), announced plans on Monday for a joint venture with Swedish battery maker Northvolt to develop sustainable batteries for its electric cars and set up a gigafactory for production.
