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  1. Volvo News Blog
    Volvo’s internal combustion design unit is being spun off and combined with Geely’s unit to a form one, new standalone business. This, say the companies, will allow Volvo to focus on the electrification of its range. After teasing the electric XC40, this marks another proclamation of Volvo’s...
  2. Volvo News Blog
    Lotus Cars has entered a technical partnership with Williams Advanced Engineering to research and develop advanced propulsion technologies - namely electric motors and batteries. Williams Advanced Engineering is the engineering offshoot of the Williams Formula 1 team. Lotus says it wanted to...
  3. Volvo News Blog
    Part of the resurgence of Lotus means that production of the company's vehicles could move from the company's quaint historical Hethel roots to a new facility in Wuhan, China, according to a new report. “Lotus Cars is undergoing an exciting resurgence with the backing of Geely, and expanding...
  4. Volvo News Blog
    Lotus cars is celebrating a big anniversary this year. To have a big celebration, you need somewhere to have it. So the automaker is unveiling some big developments to its Hethel, UK, headquarters. Like a new customer experience center, heritage center, and museum. The new buildings are...
  5. Volvo News Blog
    Zhejiang Geely Holding Group, the massive Chinese conglomerate that owns Volvo Cars and a controlling stake in Lotus, wants to turn the British sports car maker into a big deal. Potentially, a deal big enough to give Porsche bouts of anxiety. That’s what sources with knowledge of Geely’s plans...
  6. Volvo News Blog
    Lotus CEO Jean-Marc Gales has stepped down from his position with the British company. Gales is credited with helping to return Lotus to profitability after it suffered years of losses under the leadership of former CEO Dany Bahar. Gales had been with Lotus since 2014 and helped to reduce...
  7. Volvo News Blog
    Now that Lotus is part of the Geely family, it will be able to make the most of technology developed by a number of the Chinese parent company’s brands. The relationship it has so far expressed the most interest in, though, is the one with Volvo. Jean-Marc Gales, Lotus’ CEO, recently told...
  8. Volvo News Blog
    The CEO of Lotus has confirmed that the brand known for no carpet, exposed linkage, no gram left behind sports cars is building an SUV. Oh, and it's probably going to be based on a Volvo. Why is Lotus building something so far off the brand's core values? That's an easy answer. Money. Go after...
  9. Volvo News Blog
    Geely now owns a majority stake in Lotus. It has been known for quite some time now that Chinese automaker Geely, which also owns Volvo, would be purchasing a 51-percent majority stake in Lotus. But that transaction is now complete and the remaining 49 percent is being held by Etika Automotive...
  10. Volvo News Blog
    Terrefugia, an American company hoping to sell the world’s first practical flying car, has been purchased by Geely. The Chinese company also owns Volvo, Lotus, and Lynk&Co, all of which have benefitted from Geely’s largely hands-off backing. With automotive projects led by people whose feet...
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