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Geely s iconic Lotus Cars mulls raising $1 billion

Geely s iconic Lotus Cars mulls raising $1 billion
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

China s Top Carmaker to Set Up Aerospace Company in Guangzhou

One of China’s biggest automobile manufacturers also has big ambitions for space. Zhejiang-based Geely Holding Group announced in late March that it will establish a commercial aerospace company in Guangzhou’s southern district of Nansha. The local government said the new company will be set up to develop its satellite ad communications technologies, as cited by Reuters. Geely is in the process of building low-orbit satellites to deliver quick software updates to its vehicles via high-speed connectivity. Its vehicles are expected to have more functions created to connect to their satellite network by 2025. READ MORE:  Geely, which owns Volvo Cars and has a stake in Daimler AG, will name its new company Shikong Tansuo and will be a part of a larger ‘space cluster’ in Nansha district.

Volvo s Chinese Owners Have Secret Plans

Volvo s Chinese Owners Have Secret Plans
carbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carbuzz.com Daily Mail and Mail on Sunday newspapers.

Geely lanciert mit Zeekr eine neue Luxus-Marke für E-Autos

Geely lanciert mit Zeekr eine neue Luxus-Marke für E-Autos
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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