Electric

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Volkswagen is investing more in the Chinese market

VW plans to increase its investment in its majority-owned Chinese joint venture company, Volkswagen Anhui.  Reuters says that VW is expanding its business in China to regain lost ground there. Moreover, it is exploring options to work with local companies as it attempts to hasten the shift to electrification.  In a filing to the stock exchange, JAC Motors, one of three Chinese JV partners with Volkswagen, said both sides will boost their investment.  That will take the JV company’s registered capital to 13.9 billion yuan, up...

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Is Zeekr New Zealand bound?

Zeekr may well be the next premium Chinese EV brand to be launched in New Zealand. We have just heard that the EV-only brand is launching in Australia in the second half of 2024, which means it will likely sell in New Zealand as well. If so, we imagine that Zeekr will join other Geely brands like Polestar, Volvo and Lotus, which are handled locally by the Giltrap Group. The brand is expected to launch with the compact electric SUV known as the Zeekr X. Whether or not the large MPV, the Zeekr 009, the Zeekr 001 shooting brake (below)...

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