Volvo ditching most of its stake in Polestar

Volvo on Friday said it planned to reduce its stake in Polestar by 62%, and cease funding the electric vehicle startup as it focuses funding its own transformation into a…

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Zeekr 007 is Chinese premium EV brand’s first sedan

Zeekr used last week’s 2023 Guangzhou auto show to debut its first sedan, the 007. Zeekr is a premium EV brand from China with close links to Volvo and Polestar….

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Chinese tech giant Baidu gets into EV game with Geely

Baidu has teamed up with Zhejiang Geely to establish the electric vehicle brand Ji Yue, whose first model was revealed in August in the form of the 01 crossover. Baidu,…

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