• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Zeekr 007 GT officially unveiled – the electric wagon ready for international markets

ArenaEV
Chinese electric vehicle maker Zeekr has just launched its second station wagon, the 007 GT, with an eye on both the domestic market and Europe. Starting at an attractive price of around €24,500, this new EV promises an impressive range, powerful performance, and a host of high-tech features. Zeekr, a premium brand under the Geely Group, is betting big on… Read more…

Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand

Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the former company. In Lamen’s terms, Geely is out, so Lotus Tech has to buy the 51% of Lotus UK back, putting all those respective businesses back under one umbrella. Still with me? More below. Read more…