Swedish electric car manufacturer Polestar has announced a capital increase totalling 200 million US dollars. The money comes ...

Polestar secures a $200 million investment from Geely founder Li Shufu to help solidify its future amid tougher demand and ...

The French automaker’s relationship with the Chinese auto giant offers plenty of opportunities; even a merger with Volvo is ...

The Chinese automaker's chairman and founder Li Shufu has cautioned the industry about expansion amid a production glut.

Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company controlled by Geely Holding founder Li Shufu. The Swedish electric ...

Polestar plans to utilise the funds from this equity investment to meet working capital needs and for general corporate ...

It makes some well-designed, very quick and fairly affordable vehicles, but have you ever wondered where are those EVs built ...

Speaking at the 2025 Chongqing Auto Show that took place during June 6-15, Geely founder and chairman Li Shufu confirmed that the company would cease all construction of new factories worldwide. “The ...

Some EU officials believe Beijing is trying to distract from what they consider to be serious problems by poking holes in the ...

Li Shufu, founder and chairman of Zhejiang Geely Holding Group, speaks on Monday as his venture Xingji Shidai inks an agreement with Meizu in Hangzhou, Zhejiang province. [Photo provided to chinadaily ...

"A combination of the two companies would result in a strong global group," said Li Shufu, chairman of Zhejiang Geely Holding Group, in a statement on Monday. He said the goal is to strengthen ...