The two leading German luxury carmakers unveiled plans on Wednesday to combine their businesses in new services such as car-sharing and electric vehicle charging to compete with Uber in theContinue Reading
Li Shufu, the 10th wealthiest person in China, is chairman of the board of Geely. Geely is one of the largest car companies in China and has been aggressively expandingContinue Reading
Germany’s Daimler AG plans to invest 5 billion yuan ($755 million) in China for factory capacity to manufacture electric cars and the batteries that power them, part of an effortContinue Reading
Automakers have been reluctant to spend money on charging infrastructure for electric cars, hoping against hope that someone else would do the heavy lifting. Yet, in order to meet tougherContinue Reading
