The company that manufactures London’s black cabs plans to turn the capital’s taxis all-electric. Geely, the Chinese auto manufacturing group that owns the London Electric Vehicle Company (LEVC) is planning a big investment in LEVC to turn it into an all-electric brand, Reuters reported on...
BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. According to a report citing three sources familiar with the matter, BAIC Group wants to buy the stake to ensure its investment in Beijing Benz Automotive is protected. Reuters reported...
Ahead of the Shanghai Auto Show, Daimler is reportedly coming close to a deal to sell a stake in its small car division Smart to Geely Auto. An unnamed source claimed that the deal would be confirmed prior to the event in April, The Financial Times reported....
January 23, 2023
The company that manufactures London’s black cabs plans to turn the capital’s taxis all-electric. Geely, the Chinese auto manufacturing group that owns the London Electric Vehicle Company (LEVC) is planning a big investment in LEVC to turn it into an all-electric brand, Reuters reported on Monday (Jan. 23). “We need a developed product portfolio. We […]
May 12, 2019
BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. According to a report citing three sources familiar with the matter, BAIC Group wants to...
March 27, 2019
Ahead of the Shanghai Auto Show, Daimler is reportedly coming close to a deal to sell a stake in its small car division Smart to Geely Auto. An unnamed source claimed that...
