Aston Martin Losses Mount, But Investor Hopes Are In The Fast Lane

Aston Martin Valkyrie (Photo by Martyn Lucy/Getty Images) Getty Images Financially troubled luxury sports car maker Aston Martin more than doubled its losses last year after another call on investors ...

Baidu Unveils Custom Robotaxi With Steering Wheel That Will Be Removed

Baidu robotaxi after steering wheel is removed, configured with desk and drink dispenser in front Baidu BaiduBIDU , the Chinese search giant, has revealed a new custom designed robotaxi it states will...

Could Electric Cars Save Ailing Aston Martin, As It Shakes Off Debt Burden?

James Bonds Aston Martin at the World Premiere of “NO TIME TO DIE”. (Photo by Tristan Fewings/Getty … [+] Images for EON Productions, Metro-Goldwyn-Mayer Studios, and Universal Pictu...

Why Chinese Car Giant Geely Bought Struggling Smartphone Maker Meizu

Geely chairman Li Shufu. Tomohiro Ohsumi/Bloomberg Chinese billionaire Li Shufu’s Geely has acquired Meizu, one of China’s earliest smartphone makers, in a move expected to help the Chinese car giant ...

EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong

Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...

May Sales At China Billionaire’s Geely Auto Drop 7% Amid Lockdown Disruptions; EVs Gain

Geely Auto is controlled by China billionaire Li Shufu. (Photo by Zhang Peng/LightRocket via Getty … [+] Images) LightRocket via Getty Images Geely Automobile Holdings, a China automaker control...

China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets

Chinese billionaire Li Shufu controls Geely Auto, as well as Volvo Cars, Polestar and several other … [+] global brands. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Auto...

Profit Falls At World’s Largest EV Battery Maker CATL Even As Sales Soar 136% In First Quarter

Solar panels stand in front of Contemporary Amperex Technology’s headquarters building in China in … [+] 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Rising global ...

Renault Shows Financial Resilience As Industry Negatives Mount

French carmaker Renault CEO Luca de Meo stands amid new Renault Megane E-Tech electric cars. Renault … [+] is considering spinning off its electric car assets. (Photo by TOBIAS SCHWARZ/AFP via G...

Tesla Teases A Custom Robotaxi, Are They Crazy?

At the Gigafactory opening and in yesterday’s earnings call, Elon Musk teased about Tesla TSLA working on a vehicle to be dedicated to robotaxi service. This isn’t the first time Tesla has talked abou...

Renault’s Russia Crisis Might Finally Force Nissan Alliance Action

A reminder that the Renault NIssan alliance also includes Mitsubishi (Photo Illustration by Pavlo … [+] Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images...

The 10 Richest Chinese Billionaires 2022

Fortunes of the Middle Kingdom’s wealthiest tycoons mostly fell over the past year as stocks declined and the Chinese government tightened its grip on tech companies. After a record-setting 2021, Chin...

China Auto Billionaire’s Geely Sees No End To Chip Shortage That Cut ’21 Profit

Li Shufu, chairman of Zhejiang Geely Holding Group. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, the China automaker controlled by billionaire Li Shufu, sa...

Volvo Expected To Add Five Electric Models To Boost Lone XC40

Volvo XC40 Recharge electric SUV getty Volvo Car’s ambition to go all-electric by 2030 was looking a bit threadbare with only one model available but plans to introduce 5 new battery-electric vehicles...

China’s Baidu, Geely put nearly $400 million into electric car venture Jidu

An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...

Jinko Solar Gets Jiggy With A STAR Board IPO

China Last Night KraneShares Key News Asian equities had a positive day except for Japan and South Korea while Australia and India had the day off. Going into today’s trading session, the lead pre-mar...

Buy Intel To Drive Away With MobilEye Spin-Out

LAS VEGAS, NEVADA – JANUARY 08: A display highlights Mobileye’s autonomous driving technology at CES … [+] 2020 (Photo by Mario Tama/Getty Images) Getty Images Despite all of the tal...