Tag: Geely
China Roundup: Beijing is tearing down the digital ‘walled gardens’
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, China gets serious about breaking down the walled gardens that its internet giants have formed for decades. Two…
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Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet
Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its technology and expand its fleet, according to a statement released by the company (in Chinese). The raise, which…
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China’s Baidu is building an EV with help from Polestar’s parent company
Baidu has already developed autonomous vehicle tech, but now plans to produce electric vehicles in partnership with Geely, the Chinese automaker that owns Volvo and Polestar, according to MSNBC. The idea is that Geely will design and manufacture the… Source
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Polestar 2 EV recalled over glitch that can cut power while driving
Polestar’s 2 EV is off to a rough start. The automaker told Dagens Industri (via Reuters) that it was recalling all examples of the Polestar 2 (nearly 2,200) due to a software glitch that led to power losses, even while the vehicle was driving. There… Source
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Polestar will put its eco-friendly Precept car into production
Polestar’s Precept won’t suffer the same grim fate as many concept cars. The Volvo sibling has revealed that it will turn the Precept into a production car after a strong public response. While Polestar didn’t say just how the mass-produced version w… Source
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Polestar to open first U.S. stores in the second half of 2020
Polestar’s first U.S. retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. Polestar, which is jointly owned by Volvo Car Group and…
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