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Geely
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely (吉利 "auspicious"), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto subsidiary. Geely Auto is currently the seventh largest automobile manufacturer in China, with 1.328 million sales in China in 2021. Globally, the group sold over 2.2 million cars in 2021, and over 17,926 plug-in electric vehicles in January 2022. The company produces and sells vehicles under its own brandingm such as Geely Auto, Geometry, Maple, and Zeekr, and under foreign-located subsidiaries, such as Volvo Cars, Polestar, Lynk & Co, Proton, and Lotus, as well as commercial only vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces electric vehicles under some of the previously listed branding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hangzhou
Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, which separates Shanghai and Ningbo. Hangzhou grew to prominence as the southern terminus of the Grand Canal and has been one of China's most renowned and prosperous cities for much of the last millennium. It is a major economic and e-commerce hub within China, and the second biggest city in Yangtze Delta after Shanghai. Hangzhou is classified as a sub-provincial city and forms the core of the Hangzhou metropolitan area, the fourth-largest in China after Guangzhou-Shenzhen Pearl River agglomeration, Shanghai-Suzhou-Wuxi-Changzhou conurbation and Beijing. As of 2019, the Hangzhou metropolitan area was estimated to produce a gross metropolitan product (nominal) of 3.2 trillion yuan ($486.53 billion), making it larger than the economy of Nigeri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lynk & Co
Lynk & Co () is a Chinese-Swedish automobile brand owned by Geely Automobile Holdings. Founded in Gothenburg, Sweden in 2016, the focus of the brand is on internet connectivity and innovative purchasing models, and targets a young professional demographic. Models Lynk & Co has announced three models intended for production, all based on the Compact Modular Architecture (CMA) platform developed by CEVT and used also by Volvo. The first product announced by Lynk & Co was the crossover 01, the production version first shown at the 2017 Auto Shanghai show. Production of the 01 began first in China in 2017. A concept of the second model, the 03 sedan, was first shown along with the production 01 in Shanghai. The third model, also based on the platform shared with the Volvo XC40, is the 02. Smaller than the 01, it is also a crossover. Current models are as follows: * Lynk & Co 01 (2017–present), a compact SUV * Lynk & Co 02 (2018–present), a compact hatchback and a compact cro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perpetual Bond
A perpetual bond, also known colloquially as a perpetual or perp, is a bond with no maturity date, therefore allowing it to be treated as equity, not as debt. Issuers pay coupons on perpetual bonds forever, and they do not have to redeem the principal. Perpetual bond cash flows are, therefore, those of a perpetuity. Perpetual bonds vs. equity * Although similar to equity, perpetual bonds do not have attached votes and, therefore, provide no means of control over the issuer. * Perpetual bonds are still fixed-income securities; therefore, paying coupons is mandatory whereas paying dividends on equity is discretionary. Examples * Consols that were issued by the United States and the UK governments. * The oldest examples of a perpetual bond was issued on 15 May 1624 by the Dutch water board of Lekdijk Bovendams. It is currently in the possession of Yale University and interest was most recently paid by the eventual successor of Lekdijk Bovendams ( Hoogheemraadschap De Stichtse Rijn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Financial Statement
Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements". Consolidated statement of financial position While preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. There are two main type of items that cancel each other out from the consolidated statement of financial position. * "Investment in subsidiary companies" which is treated as an asset in the parent company will be cancelled out by "share capital" account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeekr
Zeekr is a Chinese automobile brand owned by Geely Automobile Holdings. Founded in 2021, it specializes in electric cars. History Zeekr was founded in March 2021 as a premium brand for battery-powered vehicles by the Geely Group to compete against Nio and Tesla, among others. The Zeekr models are to be based on the SEA platform presented in Autumn 2020. In December 2021, Geely announced that Zeekr would be collaborating with Waymo to develop an all-electric, autonomous ride-hailing vehicle for the United States. In January 2022, a cooperation between Zeekr and Mobileye was announced. The aim of this is to have Level 4 autonomous driving in production by 2024. The name of the brand is made up of Generation Z and the term geek. Models * Zeekr 001 The Zeekr 001 was presented as the first model in April 2021 at the Auto Shanghai. The launch took place in October 2021 in the Mainland Chinese market. From 2022, the 001 will also be marketed outside China. The Geely Group already ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polestar
Polestar is a Swedish automotive brand established in 1996 by Volvo Cars' partner Flash/Polestar Racing and acquired in 2015 by Volvo, which itself was acquired by Geely in 2010. It is headquartered in Torslanda outside Gothenburg, Sweden with vehicle production taking place in China. The Polestar name originates from the STCC Polestar racing team which spawned Polestar Performance AB, in turn acquired by Volvo Cars in July 2015. The racing team changed its name to Cyan Racing, while maintaining close ties to Volvo. In September 2021, Polestar announced an intention to go public through a business combination agreement with Gores Guggenheim, Inc., a special-purpose acquisition company. Polestar shares began trading on the Nasdaq exchange under the symbol PSNY on 24 June 2022. History The company origins can be traced back to the foundation of Flash Engineering in 1996, a Swedish racing team competing in Swedish Touring Car Championship (STCC). The team was later sold and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo Cars
Volvo Cars ( sv, Volvo personvagnar, styled VOLVO in the company's logo) is a Swedish multinational manufacturer of luxury vehicles headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company's main marketing arguments are safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company. In 2010, Ford sold loss-making Volvo Cars to the company Geely. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely still retains majority ownership. Volvo Cars and AB Volvo both share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021, Volvo Cars announced that it would be a fully electric brand by 2030. In June 2021, Volvo Cars and Swedish battery developer and manuf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrafugia
Terrafugia () is a Chinese-owned corporation, based in Woburn, Massachusetts, United States that is developing a roadable aircraft called the Transition and a flying car called the TF-X. The Transition and TF-X are designed to be able to fold their wings, enabling the vehicles to also operate as street-legal road vehicles. In January 2021, Terrafugia announced that the Transition received a Special Light-Sport Aircraft (LSA) airworthiness certificate from the FAA for the Transition to be flown only, with road use approval to follow in 2022. In February 2021 the company had laid off the majority of its employees, planned to close its US operations and re-establish in China. Founding and financial history Terrafugia was founded by graduates of the Department of Aeronautics and Astronautics at the Massachusetts Institute of Technology and graduates of the MIT Sloan School of Management. Their team and business plan was the runner-up for the 2006 MIT $100K Entrepreneurship Compe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangjun Ou Ling
Shandong Tangjun Ouling Automobile Manufacture Co.,Ltd. (traded as Ouling Auto) is a Chinese automobile manufacturing company part of Geely New Energy Commercial Vehicle Group. In 2012 it was ranked as the 48th manufacturer of motor vehicles by the number of vehicles produced, with 52,708 heavy commercial vehicles and 16,459 light commercial vehicle A light commercial vehicle (LCV) in the European Union, Australia and New Zealand is a commercial carrier vehicle with a gross vehicle weight of no more than 3.5 metric tons (tonnes). The LCV designation is also occasionally used in both Canad ...s produced, for a total of 69,167. References {{China-company-stub Truck manufacturers of China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qianjiang Motorcycle
Zhejiang Qianjiang Motorcycle Group Co., usually known as Qianjiang Motorcycle, is a Chinese motorcycle manufacturer founded in 1985 with registered office in Winling (Zhejiang province). It is now one of the largest manufacturer of 2 wheeled vehicles in China. Qianjiang is a US$460 Million state holding enterprise with a 5 domestic subsidiaries, 10 branches, 1 overseas subsidiary and over 10,000 employees. The vehicles are sold under four brands: QJiang, QJMotor, Benelli, Keeway Motors and KSR Moto. * QJMotor and QJiang are two brands used to market the entire range of products in China, which includes motorcycles and scooters. * Benelli is the Italian historic motorcycle manufacturer, acquired in 2005. * Keeway Motors is the brand used for exports to Asia, Europe and South America. * KSR Moto models are produced for the Austrian KSR Group and are badge-engineered versions of QJmotor vehicles. Since 1999 it has been marketing its models on foreign markets under the Keeway Moto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercedes-Benz
Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquartered in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz AG produces consumer luxury vehicles and commercial vehicles badged as Mercedes-Benz. From November 2019 onwards, Mercedes-Benz-badged heavy commercial vehicles (trucks and buses) are managed by Daimler Truck, a former part of the Mercedes-Benz Group turned into an independent company in late 2021. In 2018, Mercedes-Benz was the largest brand of premium vehicles in the world, having sold 2.31 million passenger cars. The brand's origins lie in Daimler-Motoren-Gesellschaft's 1901 Mercedes and Carl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The slogan for the brand is "the best or nothing". Hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart (marque)
Smart (stylized as smart) is a German automotive brand, marque. Smart Automobile Co., Ltd. is a joint venture established by Mercedes-Benz AG and Geely, Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be marketed globally. The venture is headquartered in Ningbo. It produces small battery electric vehicles in their manufacturing plant in China, while previously the marque was known to produce microcars and Subcompact car, subcompacts, primarily the Smart Fortwo, Fortwo and Smart Forfour, Forfour, at Smartville, Hambach, France, Smartville in Hambach, Moselle, France and in the Revoz plant (Novo Mesto, Slovenia). Its distribution, marketing and aftersales activities in Europe are currently handled by smart Europe GmbH which is headquartered in Stuttgart, Germany. The marque was founded in 1994 by Micro Compact Car AG (MCC), a joint venture between Swatch, SMH and Daimler-Benz. MCC became a wholly owned subsidiary of Daimler-Benz in 1998, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
