Technology News

A new venture from the founder of Chinese automaker Zhejiang Geely Holding will aim to release its first smartphone by 2023 and sell 3 million units in its first year, according to a memo seen by Reuters.

Founder Of Chinese Carmaker Geely Launches Smartphone Venture

Sep 28, 2021 10:52 PM

1 mins read

A new venture from the founder of Chinese automaker Zhejiang Geely Holding will aim to release its first smartphone by 2023 and sell 3 million units in its first year, according to a memo seen by Reuters.

Volvo's EV Brand Polestar Goes Public Via SPAC At A Value Of $20 Billion

By Sahil Gupta

Sep 28, 2021 07:54 PM

Polestar has already delivered 10,000 vehicles and has started operations in several markets that are critical to EVs.

Exor And Ferrari Hire Ex-Apple Design Boss Sir Jony Ive's 'LoveForm'

By Sahil Gupta

Sep 28, 2021 07:52 PM

Exor operates at the high end and its partnership with LoveForm is synergistic considering Ive and Newson have always been associated with luxury

Electric Supercars Need To Lose Weight, Power Up And Cool Down: Report

By car&bike Team

Sep 28, 2021 04:55 PM

Batteries are immensely heavy and electric motors overheat if driven too hard - big problems for a niche industry that charges hundreds of thousands of dollars for lightweight cars capable of screaming round 10 laps of a track at full throttle.

Ford, SK Innovations To Invest $11.4 Billion To Add Electric F-150 Plant, Three Battery Factories

By car&bike Team

Sep 28, 2021 04:31 PM

Ford and Korean battery partner SK Innovation will jointly invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States. Ford's portion of the investment is $7 billion, with SK covering the rest.