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Geely

China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say

by Anas Siddiqui
China property: government buying of unsold homes lifts sentiment but is no cure-all for market doldrums, analysts say

Sentiment in China’s property market rose on expectations that the government will step in to soak up unsold inventory, after plans for Hangzhou to do so came to light. However, …

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China property: Hangzhou, the headquarters of Alibaba and Geely, mulls buying unsold homes to boost market

by Anas Siddiqui
China property: Hangzhou, the headquarters of Alibaba and Geely, mulls buying unsold homes to boost market

Authorities in Hangzhou, the capital of China’s Zhejiang province, are planning to buy homes and rent them at affordable rates, the first such move by a local government after the …

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Xiaomi’s successful SU7 launch puts smartphone maker among China’s top 10 EV upstarts

by Anas Siddiqui
Xiaomi’s successful SU7 launch puts smartphone maker among China’s top 10 EV upstarts

Xiaomi sold 7,058 SU7s in April, its first full monthly sales since the model was launched in late March, and it is targeting more than 100,000 deliveries this year, which …

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Ford Lost $100,000 On Every EV It Sold So Far This Year

by Horatio Thompson
Ford Lost 0,000 On Every EV It Sold So Far This Year

Good morning! It’s Monday, May 13, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Geely’s EV unit Zeekr raises US$441 million at top end of New York IPO price range in biggest Chinese stock offering since 2021

by Anas Siddiqui
Geely’s EV unit Zeekr raises US1 million at top end of New York IPO price range in biggest Chinese stock offering since 2021

Zeekr Intelligent Technology, the premium electric-vehicle (EV) unit controlled by Hong Kong-listed Geely Automobile, raised about US$441 million (HK$3.4 billion) after upsizing its stock offering in New York following strong …

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SMMT: New car market growth continues despite declining private demand

by Horatio Thompson
SMMT: New car market growth continues despite declining private demand

UK new car registrations grew for the 21st consecutive month in April, rising by a modest 1.0% to reach 134,274 units, according to the latest data published by the Society …

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1,984-HP Lotus Evija X EV Is Here To Destroy Lap Records

by Horatio Thompson
1,984-HP Lotus Evija X EV Is Here To Destroy Lap Records

Lotus is back, baby. After years plodding along making plucky British sports cars that promised high performance and low weight, the company has been given a new lease of life …

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Ford Slashes F-150 Lightning Price To Reignite Sales

by Horatio Thompson
Ford Slashes F-150 Lightning Price To Reignite Sales

Good morning! It’s Friday, April 12, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business

by Anas Siddiqui
Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business

Goldman Sachs said in a research note on April 1 that it believed the fully electric sedan “is highly competitive and demonstrates Xiaomi’s capabilities of becoming a potential price leader …

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Ford Delays New Electric Vehicles As Sales Falter, Joins Pivot To Hybrids Instead

by Horatio Thompson
Ford Delays New Electric Vehicles As Sales Falter, Joins Pivot To Hybrids Instead

Good morning! It’s Friday, April 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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