Chinese smartphone maker Huawei has denied that the company is planning to design an original electric vehicle (EV) or produce its own branded car, refuting a Reuters report which cited people claiming knowledge on the matter.
Volvo Cars and Geely Auto have canceled plans for a full merger, instead announcing areas of cooperation on electrification, software development and autonomous-driving technology to lower costs.
The race to become the leader of clean energy vehicles in the world’s largest auto market is on, with more and more tie-ups established between China’s tech giants and traditional automakers.
Chinese search giant Baidu has been recruiting talent in Jiangsu, Zhejiang and Shanghai for its standalone intelligent EV company with automaker Geely, according to Chinese reports.
China’s Zhejiang Geely Holding Group said it has teamed up with Tencent to develop smart vehicle technologies, the newest cross-industry partnership between traditional automakers and tech giants.
It’s official: China’s largest search engine and China’s largest private automaker are joining forces.
Chinese automotive company Geely led a Series C financing round of $55 million into German flying taxi company Volocopter.
A new kind of vehicle that doesn’t require drivers seems to be just around the corner. Tech giants, startups, car makers, and ride-hailing firms are now racing to get the autonomous vehicles (AVs) on public roads.
The Chinese automobile company Geely Holding Group (Geely) and the German Daimler AG (Daimler) announced on Mar. 28 the formation of a 50-50 global joint venture to develop and operate smart brand.