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20.06.25 - 15:18
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20 Incredible Reasons People Love Mercedes-Benz Cars (24/7 Wall St.)
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Smart Car was once a hit in the U.S. market with its compact Fortwo tiny car, but sales quickly plummeted, forcing the brand to exit the U.S. market back in 2019. However, the brand continues to be successful in Mexico, Europe, and China. It operates under both Mercedes Benz and Geely. Now, the car industry […]
The post 20 Incredible Reasons People Love Mercedes-Benz Cars appeared first on 24/7 Wall St.....
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18.06.25 - 01:00
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Chinese Automakers Target Using 100% Domestic Made Chips In New Vehicles (ZeroHedge)
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Chinese Automakers Target Using 100% Domestic Made Chips In New Vehicles
Not only is China starting to dominate the auto market throughout the world, now they're seeking to do it using exclusively home-grown chips, according to a new report from Nikkei.
Chinese automakers, including SAIC, Changan, BYD, Geely, Li Auto, and Great Wall, are planning to launch models using only domestically made chips, with at least two aiming for mass production as early as 2026, according to Nikkei Asia. These efforts are part of Beijing's push for semiconductor self-reliance amid growing U.S.-China tech tensions.
The Ministry of Industry and Information Technology (MIIT) is leading the initiative, urging automakers—especially state-owned ones—to assess and increase their domestic chip usage. The latest policy goal is for all automotive chips to be 100% locally developed and manufactured by 2027. "The 100% target is not mandatory," sources said, but companies are expected to show strong efforts t...
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17.06.25 - 10:24
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Polestar erhält 200 Millionen Dollar von Geely-Gründer Li Shufu (Electrive)
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Der chinesisch-schwedische Elektroauto-Hersteller Polestar hat eine Kapitalerhöhung in Höhe von 200 Millionen US-Dollar bekanntgegeben. Das Geld kommt von PSD Investment, einer Gesellschaft von Li Shufu, dem Gründer und Chairman des chinesischen Automobilkonzerns Geely, der ebenfalls an Polestar beteiligt ist....
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17.06.25 - 10:12
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Hong Kong IPO pipeline swells as Geely-backed ride-hailing platform enters fray (SCMP)
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Hong Kong's initial public offering (IPO) market is heating up with a growing number of high-profile listings in the pipeline, including CaoCao, a ride-hailing platform backed by Geely, and Zhejiang Sanhua Intelligent Controls, a parts supplier to Tesla.
Firms from the mainland are seeking to tap into the city's capital markets as global investors diversify their portfolios away from US assets, injecting fresh liquidity into Hong Kong.
On Tuesday, CaoCao, operator of the mainland's......
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12.06.25 - 17:01
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Polestar startet in Frankreich (Electrive)
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Mit dem Verkaufsstart in Frankreich setzt Polestar, die schwedisch-chinesische Elektroautomarke aus dem Geely-Konzern, ihre internationale Expansion fort. Die Modelle Polestar 2, Polestar 3 und Polestar 4 sind ab sofort in Frankreich verfügbar. Der Marktstart hatte sich wegen eines Rechtsstreits verzögert....
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11.06.25 - 19:01
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Geely und SAIC ziehen mit eigenen Auto-Transportschiffen nach (Electrive)
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Nach BYD setzen weitere chinesische Autobauer eigene große Frachtschiffe für den Export ihrer Fahrzeuge ein. Die Geely JISU Fortune bietet Platz für 7.000, die Anji Ansheng von SAIC sogar für 9.500 Autos. Damit könnte letztere nochmals mehr Fahrzeuge transportieren als der bisher größte BYD-Frachter....
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11.06.25 - 03:30
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BYD, Geely, GAC & Dongfeng Pledge to Pay Suppliers Within 60 Days (AAStocks)
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In response to the Regulations on Ensuring Timely Payments to Small and Medium Enterprises proposed by China's State Council, carmakers including BYD COMPANY (01211.HK) (002594.SZ), GEELY AUTO (00175.HK), GAC GROUP (02238.HK) (601238.SH), and DONGFENG GROUP (00489.HK) have each made commitments to their suppliers regarding p......
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10.06.25 - 09:12
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Geely plant derzeit kein Europa-Werk (Electrive)
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Aufgrund von Förder-Kriterien und den globalen Zoll-Konflikten ist eine lokale Produktion in Europa und den USA für chinesische Autobauer zunehmend ein Thema geworden. Jetzt ist klar: Die Geely-Holding will sich nicht an dem Wettbewerb um die besten Standorte in Europa und den USA beteiligen....
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09.06.25 - 07:36
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China′s Geely hits the brakes on new plant construction globally (SCMP)
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Geely Auto, the mainland's second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are finding it difficult to make profits.
Chairman Li Shufu told the Chongqing Auto Show over the weekend that the company would avoid building excess capacity and instead focus on improving its technological capabilities to become a key player in the future of mobility.
“The global automotive industry is mired......
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