Geely Automobile Holdings Ltd

South Korea's SK Holdings Co Ltd said on Thursday it and China's Zhejiang Geely Holding Group Co Ltd will each invest $30 million in a new mobility investment fund whose size they plan will reach $300 million in total.

China's Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles (EV), sources said, departing from industry convention whereby EVs are marketed and sold alongside traditional cars.

Volvo Cars is recalling 54,000 U.S. vehicles for an air bag defect after a report of one crash death, according to a filing with U.S. regulators.

Polestar, the electric vehicle unit of Chinese automaker Geely [GEELY.UL], is in advanced talks with investors to raise $800 million to $900 million in its first external fundraising, people familiar with the matter said.

An electric vehicle (EV) factory planned by Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday.

LG Chem <051910.KS>, the world's top electric vehicle (EV) battery maker, is in talks with a "couple" of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday.

Geely Automobile Holdings <0175.HK> plans to raise 20 billion yuan ($2.93 billion) from a public share sale on Shanghai's Nasdaq-style STAR Market to invest in new car models and technologies, exchange filings showed on Tuesday.

Geely Automobile Holdings Ltd on Monday booked a 43% drop in half-year profit and trimmed its full-year sales goal, sending its shares down 4%, as the coronavirus outbreak continues to trouble the world's biggest auto market.

China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43%, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market.

Volvo Cars said it expects its business to recover in the second half of the year after reporting on Tuesday an operating loss for the first six months as coronavirus lockdowns strained supply chains and forced plant closures.

Geely Automobile Holdings Ltd <0175.HK> said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.

Geely Automobile Holdings Ltd said on Wednesday its board had approved a preliminary proposal for the possible issue of renminbi shares and a listing on mainland China's Nasdaq-like STAR board.

Geely Automobile Holdings Ltd <0175.HK> said on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to replenish its coffers to finance growth in the world's largest auto market.

China's Geely Automobile Holdings Ltd has launched an$836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.

China's Geely Automobile Holdings Ltd said on Wednesday that it sold 105,468 vehicles in April, 2% higher than the same period last year, as world's biggest auto market recovers from the coronavirus.

China's Geely Automobile Holdings Ltd <0175.HK> said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists.

* BUDGETED CAPITAL EXPENDITURES OF GROUP AMOUNT TO ABOUT RMB6.8 BILLION IN 2020

China's Geely Automobile Holdings Ltd said on Monday lower sales drove its 2019 net profit down 35%, as China's overall auto market suffered a prolonged slump last year.

* LOWER FEB SALES VOLUME LARGELY DUE TO DISRUPTION CAUSED BY RECENT OUTBREAK OF NOVEL CORONAVIRUS