Browsing the "geely" Tag

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Fisker Furloughs Workers, Hires Bankruptcy Lawyers

The vultures are circling the headquarters of Fisker Automotive, and the clock is ticking as the signs of an inevitable bankruptcy continue to pile up. Fisker has put its more than 200 employees on furlough earlier this week, and with Chinese investors backing out, management has reportedly hired lawyers to begin bankruptcy proceedings. This is the end, my friend.

March 29th

Heico Converts Volvo V40 Into Biodiesel Race Car

Swedish automaker Volvo has been on a long and strange journey in the past few years. After buying Volvo, Ford later sold it (at a substantial loss) to Chinese automaker Geely. Yet Volvo has maintained its European roots, and will soon debut a new small family hatchback called the V40. Ahead of its dealership debut, […]

Chinese-Built EV’s To Receive Generous Subsidies

The United States and China are two fundamentally different countries, and nowhere does that shine through more obviously than in transportation. While American politicians block any and all efforts to promote alternative fuels and high-speed transportation, China has wholly embraced these concepts. And now China’s government has revealed a new set of extremely generous subsidies […]

January 17th