China has the world's largest EV market. The sector is highly competitive due to the number of brands that operate in the country. Some EV makers have turned to price wars to increase sales. But discounts may have an unintended effect on consumers, who are now holding off on purchases in...
But the "Volvo problem" is now kind of a headache for both brands. Unlike the Polestar of yesteryear that cranked out hot wagons and hatchbacks, it's no longer a performance sub-brand of Volvo. Instead, Geely spun Polestar off into its own separate EV brand back in 2017—just two ...
, due to arrive in europe next year, sells for the equivalent of around $10,000 in china. what does this mean for european drivers and carmakers? it's not clear what impact the duties will have on car prices. chinese carmakers are able to make some ...
A few years ago, Smart’s original owner, Mercedes, signed a 50/50 partnership with Chinese car maker Geely to reinvent the brand as an electric car specialist with an entirely new line-up of models. The Smart #1 – which you're supposed to call the “Smart Hashtag One” – is the ...
This puts the two OEMs in a league of their own, controlling over a third of the market together.VW Group remained in third, with a 7.3% market share, making it the leading legacy OEM. Meanwhile, Geely–Volvo (6.8% share) took fourth from SAIC (5.8% share) towards the end of the ...
This does not mean GAS is without competition—far from it. Brands such as Lucid and BMW are very focused on differentiating in this space and have determined the best way forward to a customized app environment, is to create an experience unique to their brand identity. Apple CarPlay...
You already mentioned the interesting constellation between Volvo, Geely and CEVT. Which role does CEVT play in this? CEVT is a wholly owned subsidiary of the Geely Group, as is Volvo Cars. CEVT was established in order to develop a joint car platform. The challenge was to meet quality and...
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Maybe it has the tools to stand on its own two feet, but we haven't seen them yet. In retrospect, Geely probably wishes it had launched Polestar as a standalone brand rather than piggybacking off Volvo so much; not unlike Zeekr, in fact. The future at Polestar seems a bit murky ...