Renault has announced the signing of a memorandum of understanding (MOU) with Geeling Holding to accelerate Renault’s presence in China in what’s being branded as a “Renaulution Plan”, while supporting Geely’s presence in South Korea. The Renault Group’s MOU with Geely Holding Group, China’s largest privately-owned automotive group, lays out […]
Geely
Lynk & Co 03 Cyan concept sets FWD Nurburgring lap record (video)
Cyan Racing, formerly known as Polestar, is claiming a new Nurburgring lap record for a road-legal front-wheel drive, four-door vehicle, with its Lynk & Co 03 Cyan concept setting a lap around the treacherous circuit in 7:20.143. You may not have heard of Cyan Racing. Basically, as you might know, […]
Geely acquires flying car maker Terrafugia
Chinese company Zhejian Geely has surprised investors with the acquisition of fledgeling flying car company Terrafugia, which is based in the USA. Terrafugia joins Swedish safety and luxury car brand Volvo as well as more recent purchases Lotus and Proton in the list of carmakers now owned by Geely. Terrafugia […]
Geely spotted testing MPV prototype in Australia
Chinese carmaker Geely has been spotted testing a mid-size MPV prototype in Australia, potentially hinting at a local introduction further down the track. It’s understood the prototype is being tested through the Geely-owned subsidiary Drive Systems International (DSI), which is based in Melbourne, near where this prototype was spotted earlier […]