Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company ...

Ferrari hits the brakes on building a second electric supercar, Europeans are losing interest in EVs faster than Americans.

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

Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" ...

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

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

(Bloomberg) -- When Geely listed Volvo Car AB in 2021, Li Shufu hailed the turnaround of the “tiger” that he’d bought 11 years earlier, and said the job now was to “give that tiger wings.” ...

Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. sold a $350 million stake in Volvo Car AB, responding to investor concerns about the automaker’s limited free float. Geely ...

Amid subsidy criteria and ongoing global tariff conflicts, localised production in Europe and the US has become an ...

Billionaire chairman says mainland China’s second-largest carmaker will focus on improving technological capabilities.

While numerous Chinese businesses established themselves in South Carolina during Haley’s tenure, Li Shufu stands out. On paper, Li is an impressive businessman. He’s the founder and CEO of ...