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02.02.26 - 07:03
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Polestar Announces Equity Financing of USD 400 Million (Business Wire)
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GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years with certain returns, as part of this equity financing arrangement. The terms are similar to the equity financing arrangements announced by the Company in December 2025.
Michael Lohscheller, Polestar CEO, says: “Following the new equity financing and the funding announcements in December, and with the support of Geely Holding, we continue to make progress on enhancing our liquidity position and strengthening our balance sheet. With a record year of retail sales...
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29.01.26 - 06:30
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Mit dem #2 will Smart das Citysegment neu besetzen (Elektroauto-News)
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Der Smart #2 steht kurz vor der Premiere. Das Citycar nutzt Geely-Technik, Mercedes-Design und soll mit 30 kWh Batterie gezielt urbane Käufer ansprechen.
Der Beitrag Mit dem #2 will Smart das Citysegment neu besetzen erschien zuerst auf Elektroauto-News.net....
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28.01.26 - 10:45
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Moody's Affirms GEELY AUTO's 'Ba1' CFR, Adjusts Outlook to Positive (AAStocks)
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Moody's has affirmed GEELY AUTO (00175.HK)'s "Ba1" corporate family rating (CFR) and revised its rating outlook from "Stable" to "Positive", reflecting the carmaker's robust performance last year and the expectation that its strong sales momentum will persist into this year.In addition, ......
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28.01.26 - 04:06
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Partnerships, not plants: Chinese companies rethink overseas expansion strategy (SCMP)
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As Chinese companies accelerate their overseas expansion, industry leaders are urging a more partnership-driven approach rather than simply building factories abroad – a strategy they say could help ease growing concerns about excess capacity.
As it pushes further into global markets, Zhejiang Geely Holding Group will prioritise partnerships over rapid capacity build-outs, vice-chairman Daniel Li Donghui said at the Asian Financial Forum (AFF) in Hong Kong on Tuesday.
“We don't think it's the......
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26.01.26 - 14:06
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Geely-linked tech veteran Yin Qi joins Chinese AI start-up StepFun as chairman (SCMP)
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Chinese artificial intelligence start-up StepFun has appointed Yin Qi, the co-founder and former CEO of Megvii, as its chairman, as the company wraps up a 5 billion yuan (US$690 million) Series B+ funding round and sharpens its focus on so-called “physical AI” – artificial intelligence designed to power real-world machines such as cars and robots.
Yin, a prominent figure from China's first wave of computer-vision start-ups, is also chairman of Qianli Technology, a Geely-backed smart-driving......
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23.01.26 - 10:00
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Geely will 2030 einen NEV-Anteil von 75 Prozent erreichen (Electrive)
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Der chinesische Geely-Konzern (Polestar, Volvo, Zeekr) hat seinen Strategieplan bis zum Jahr 2030 vorgestellt. Geely plant für 2030 einen Absatz von mehr als 6,5 Millionen Fahrzeugen, das wären 58 Prozent mehr als 2025. Der Anteil an New Energy Vehicles (NEV) soll bis dahin auf 75 Prozent klettern....
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20.01.26 - 12:48
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UBS: Will There Be Chinese EVs In America? (ZeroHedge)
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UBS: Will There Be Chinese EVs In America?
UBS analyst Joseph Spak asked clients on Sunday: Will there be Chinese cars in the US?
Spak pointed to comments from President Trump last week at the Detroit Economic Club, in which he said, "If they want to come in and build a plant and hire you and hire your friends and your neighbors, that's great. I love that. Let China come in, let Japan come in. They are. And they'll be building plants, but they're using our labor."
Trump's comments come after Chinese automaker Geely stated at CES in Las Vegas that it could make a major announcement about a U.S. expansion within the next 24 to 36 months.
"The big question for us is when and where we will go to the U.S.A.," Ash Sutcliffe, Geely's global communications chief, said in an interview last week at the Autoline Network at CES.
This also follows Canada's decision last week to allow up to 49,000 Chinese EVs per year at a low tariff rate. U.S. Trade Representative Jamieson Greer ...
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19.01.26 - 09:24
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Chinas meistverkauftes E-Auto ist der Geely Galaxy Xingyuan (Electrive)
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Über Jahre war der Wuling Hongguang Mini EV das meistverkaufte Elektroauto Chinas. 2025 war allerdings der Geely Galaxy Xingyuan 2025 das meistverkaufte NEV-Modell. BYD ist zwar der größte Hersteller in der Masse, verfehlt bei den einzelnen Modellen aber das Podium....
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