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LCAA SPAC - Lotus Technology EV
https://www.lotuscars.com/en-US
8 hours ago
New Lotus flagship brand centre opens in luxury district of Paris
https://media.lotuscars.com/en/news-articles/new-lotus-flagship-brand-centre-opens-in-luxury-district-of-paris.html
About Lotus
Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform, and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.
https://media.lotuscars.com/en/
LCAA SPAC - Lotus Technology EV
https://www.lotuscars.com/en-US
8 hours ago
New Lotus flagship brand centre opens in luxury district of Paris
https://media.lotuscars.com/en/news-articles/new-lotus-flagship-brand-centre-opens-in-luxury-district-of-paris.html
About Lotus
Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform, and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.
https://media.lotuscars.com/en/
Paris, France – 27 September 2023
New Lotus flagship brand centre opens in luxury district of Paris
https://media.lotuscars.com/en/news-articles/new-lotus-flagship-brand-centre-opens-in-luxury-district-of-paris.html
Unveiling “JI YUE”: Redefining the Electric Vehicle Experience
August 14, 2023 | Zhejiang Geely Holding Group
2023 August 14th, Hangzhou/Beijing/Shanghai – Geely Holding Group (Geely Holding) and Baidu Inc (Baidu) are proud to announce a significant milestone in their strategic partnership with the introduction of “JI YUE,” a premium intelligent technology brand.
The flagship “JI YUE 01” model aims to redefine the concept of intelligent mobility, serving the preferences of tech-orientated consumers in China for autonomous mobility solutions.
JI YUE’s primary goal is to provide an unparalleled intelligent automotive experience. Beyond overseeing sales, services, and marketing for the 01, JI YUE will also build and develop its own charging network in China to meet consumer demand for smart intelligent electric vehicles.
The stage is set for the JI YUE 01’s market debut in Q4 this year, harnessing the benefits of Geely Holding’s acclaimed automotive manufacturing expertise, including the Sustainable Experience Architecture (SEA) and an established supply chain, along with Baidu’s cutting-edge and industry-leading artificial intelligence technologies, including advanced intelligent cabins and autonomous driving.
https://zgh.com/media-center/news/2023-08-14/?lang=en
Media Center / News
https://zgh.com/media-center/news/?lang=en
JI YUE is Geely Holding’s next-generation automotive robocar brand, positioned as premium intelligent, committed to building leading intelligent automotive robots.
https://zgh.com/jiyue/?lang=en
The Ji Yue 01 will enter production later this year at a Geely plant, with the first deliveries expected in the fourth quarter.
https://insideevs.com/news/682421/ji-yue-01-debuts-first-production-ev-geely-baidu-jv/
Interestingly, according to CN EV News, Jidu was 55 per cent owned by Baidu and 45 per cent by Geely when it was founded. However, the new Ji Yue brand is said to be majority-owned by Geely. Specifically, the Jiyue brand’s operating company – the recently established Hangzhou Jiyuyue Automotive Technology Co Ltd – is said to be 65 per cent owned by Geely and 35 per cent by a Baidu subsidiary.
https://www.electrive.com/2023/08/15/geely-and-baidu-to-build-evs-under-new-ji-yue-brand/
Our Brands / London EV Company https://zgh.com/our-brands/london-ev-company/?lang=en
GEELY OUR BRANDS Lotus Cars https://zgh.com/our-brands/lotus-cars/?lang=en
Lotus claims the Emeya is one of the fastest electric grand tourers in the world, with a claimed 0-100km/h sprint in 2.78 seconds.
Lotus has unveiled its first four-door grand tourer, which will form as the flagship model in its electric vehicle (EV) lineup. It’s also confirmed to be coming to Australia.
Production of the Lotus Emeya electric four-door grand tourer is slated to commence in 2024, ahead of a confirmed Australian launch sometime during 2025.
The Emeya will be the British sports carmaker’s second EV on sale locally, following the Eletre SUV that’s now confirmed to be arriving in the second quarter of 2024.
https://www.carexpert.com.au/car-news/lotus-emeya-coming-to-give-the-porsche-taycan-headaches-in-australia
Geely-owned electric London taxi maker reveals next-gen tech
Geely-owned LEVC has announced its latest modular architecture which features Level 4 autonomous driving capabilities.
May 04, 2023
https://www.carexpert.com.au/car-news/chinese-owned-electric-london-taxi-maker-reveals-next-gen-tech
LEVC More Than Doubled Plug-In TX Taxi Sales In 2019
Nice pics.... https://insideevs.com/news/392344/levc-doubled-plugin-tx-sales-2019/
GEELY, 07.03.2023 LEVC’S ELECTRIC TX OVERTAKES DIESEL IN LONDON
Ansty, 7th March 2023 – There are now more LEVC (London Electric Vehicle Company) TX electric taxis on the streets of London than diesel TX4s, as the capital’s transition to a clean, green EV black cab fleet continues to accelerate.
Highlighting the transition away from fossil fuel, LEVC’s TX taxi – the world’s most advanced electric taxi – now represents more than 40% of official black cabs, with over 6,000 vehicles operating in the capital.
https://levc.com/levcs-electric-tx-overtakes-diesel-in-london/
Awesome !!!!!
GEELY HUGE !!!! London EV Company Limited (LEVC, formerly The London Taxi Corporation Limited trading as The London Taxi Company) is a British automotive electric vehicle manufacturer with its headquarters at Ansty near Coventry, England, and a wholly-owned subsidiary of Chinese automaker Geely. The company is responsible for the electrical conversion of London’s famous black taxicabs.
https://en.wikipedia.org/wiki/London_Electric_Vehicle_Company#History
https://levc.com/
Wednesday 22nd March 2017, Geely Chairman Li Shufu cut the inaugural ribbon with Rt Hon Greg Clark MP, as we announced the official opening of the UK’s first car plant dedicated solely to the production of electric vehicles.
Our state-of-the-art, vehicle plant in Ansty, England,
HUGE !!!!! https://levc.com/company/our-home/
Geely Wants London Electric Vehicle Company to Build a Lot More Than Just Black Cabs
January 23, 2023
https://jalopnik.com/geely-wants-london-electric-vehicle-company-to-build-a-1850020427
Geely has a sprawling carmaking empire and has listed parts of Volvo Cars, including Polestar. Its premium Chinese luxury brand Zeekr is talking to investors about a possible initial public offering.
Geely also plans to turn the London Electric Vehicle Company, which makes iconic black taxis, into a high-volume, all-electric brand.
Lotus launches electric GT model as mass expansion plan rolls on
Sep 08, 2023
https://ca.investing.com/news/stock-market-news/lotus-launches-electric-gt-model-as-mass-expansion-plan-rolls-on-3101628
https://zoox.com/
Zoox, Inc. is a subsidiary of Amazon developing autonomous vehicles that provide mobility as a service. It is headquartered in Foster City, California and has offices of operations in the San Francisco Bay Area and Seattle, Washington. Wikipedia
Parent organization: Amazon.com
CEO: Aicha Evans (Feb 2019–)
Founders: Jesse Levinson, Tim Kentley-Klay
Headquarters: Foster City, CA
Founded: 2014
Subsidiary: Strio.AI, Inc.
Ownership: Amazon
Zeekr.... Zeekr chief executive Andy An comments came after it unveiled an automotive taxi prototype developed alongside Waymo at CES. Zeekr’s boss noted that the company plans to build vehicles for Waymo in China and may also build the autonomous vehicles in the United States. Interestingly, An says Zeekr has no plans to actually enter the U.S. consumer market.
January 9, 2023
https://www.carscoops.com/2023/01/zeekr-wants-to-double-its-sales-this-year-but-wont-enter-the-u-s/
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
NASDAQ: GOOGL
Waymo is owned by Alphabet Inc
The Geely-owned company is still in its infancy but in 2022, was able to sell an impressive 72,000 vehicles, most of which were sold in China. In January it asserted that it would sell upwards of 140,000 vehicles this year but through the first half of 2023, it was tracking well behind that target having delivered 42,633 vehicles. It did have a particularly strong June, however, selling a total of 10,620 vehicles.
Read: Zeekr Wants To Double Its Sales This Year But Won’t Enter The U.S.
Zeekr Meets With Global Investors As It Prepares For U.S. IPO
Zeekr hopes that a $1 billion IPO in the U.S. could give it a valuation exceeding $13 billion
August 24, 2023
https://www.carscoops.com/2023/08/zeekr-meets-with-global-investors-as-it-prepares-for-u-s-ipo/
Robotaxi Service Watch GEELY for ipo
Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
August 11, 2023
https://www.investopedia.com/alphabet-s-waymo-and-gm-s-cruise-win-approval-to-expand-robotaxi-services-in-san-francisco-7642342
GEELY other IPO coming soon.... The SEA-M was developed to support a range of future autonomous mobility products including robotaxis, MPVs, and logistics vehicles
https://zgh.com/media-center/story/the-future-of-mobility-with-m-vision/?lang=en
Media Center / Stories GEELY https://zgh.com/media-center/geely-story/?lang=en
OH my GAWD, Waymo robotaxi based on the Zeekr SEA-M platform
.... In December 2021, Geely announced that Zeekr would be collaborating with Waymo to develop and provide all-electric, autonomous ride-hailing vehicle for the Waymo One autonomous mobility service in the United States.[4] The vehicle integrated with Waymo’s technology was unveiled in Los Angeles in November 2022.[5]
https://en.wikipedia.org/wiki/Zeekr
Waymo late on Wednesday revealed its new robotaxi based on a platform developed by Geely and its Zeekr EV brand.
Alphabet Inc.'s self-driving division first announced plans for the robotaxi in late 2021, and at Wednesday's reveal the company said the vehicle will be deployed in the Waymo One robotaxi service in “the years to come.”
Zeekr hasn't said where the robotaxis will be built, though Geely has a new plant in China established for production of vehicles based on the SEA platform.
Separately, Zeekr is developing its own vehicle with Level 4 self-driving capability in a partnership with Intel's Mobileye self-driving division. The targeted launch is 2024.
All electric.
— Waymo (@Waymo) November 17, 2022
Riders-first.
Designed specifically for fully autonomous ride-hailing.
Take a peek at our new mobility platform in partnership with @GeelyGroup—available in the years to come. 🤖🚘 pic.twitter.com/AJiRtPzytP
Zeekr was founded in March 2021 as a premium electric mobility brand for battery-powered vehicles by the Geely Group to compete against Nio and Tesla, among others. Its first model, the Zeekr 001 was officially launched in April 2021.[2] The Zeekr models are to be based on the SEA platform presented in autumn 2020.[3] In December 2021, Geely announced that Zeekr would be collaborating with Waymo to develop and provide all-electric, autonomous ride-hailing vehicle for the Waymo One autonomous mobility service in the United States.[4] The vehicle integrated with Waymo’s technology was unveiled in Los Angeles in November 2022.[5]
https://en.wikipedia.org/wiki/Zeekr
Zeekr, the electric car brand under Geely, aims to achieve $18 billion market valuation before an IPO in the US
Sep 20, 2023
https://technode.com/2023/09/20/chinese-ev-maker-zeekr-aims-to-achieve-18-billion-market-valuation-before-an-ipo-in-the-us/
GEELY HOLDINGS Media Center / News https://zgh.com/media-center/news/?lang=en
Chinese EV maker Zeekr aims to achieve $18 billion market valuation before an IPO in the US
Sep 20, 2023
https://technode.com/2023/09/20/chinese-ev-maker-zeekr-aims-to-achieve-18-billion-market-valuation-before-an-ipo-in-the-us/
The latest news is that Zeekr, the electric car brand under Geely, has filed an application for an IPO in New York and is looking to raise as much as US$1 billion (RM4.3 billion).
Zeekr seems to be seeking a valuation of more than US$10 billion, and the IPO could take place as early as the second quarter of this year.
30 Jan 2023
https://theedgemalaysia.com/node/652770
Lotus Group is the parent company of the above subsidiaries and others. It is part of Geely Automotive, the fastest-growing automotive group in the world. Geely has a 51% controlling stake, with 49% owned by Etika Automotive, a Malaysian conglomerate.
https://media.lotuscars.com/en/about/about-lotus-2.html
yehp, look at the 3 month chart.
i guess R/S has happened already. and todays price is post split.
1-for-80 reverse stock split
The effective time of the reverse stock split will be 5:00 p.m. ET on August 25, 2023. The Company’s common stock will begin trading on a split-adjusted basis commencing upon market open on August 28, 2023.
LOS ANGELES, August 25, 2023-
Faraday Future Announces Reverse Stock Split and Authorized Share Reduction
https://finance.yahoo.com/news/faraday-future-announces-reverse-stock-162200174.html
Faraday Future Finally Delivers First Production-Spec FF 91 Electric SUV
Five years after production was originally supposed to begin, the $309,000, 1050-hp Faraday Future FF 91 is ready for the public
Aug 15, 2023
https://www.caranddriver.com/news/a44819533/faraday-future-ff-91-delivery/
May 31, 2023
https://www.roadandtrack.com/news/a44050154/faraday-future-ff-91-pricing/
Production
On March 29, 2023, Faraday Future started production of the FF 91 Futurist Alliance at its FF ieFactory located in Hanford, California. The FF 91 Futurist is the company's first production vehicle and flagship model that is expected to be offered in both the U.S. and China markets.[74]
On April 14, 2023, Faraday Future announced the completion of its first production build vehicle, FF 91 Futurist, coming off its production line at its FF ieFactory located in Hanford, California.[75]
On June 8, Faraday Future announced the first three owners of the FF 91 Futurist: Rem D Koolhaas, Jason Oppenheim, and Private Collection Motors.[76]
https://en.wikipedia.org/wiki/Faraday_Future
.037 warrants. 2k for 75.00 bucks worth. squeeze run on the stock could see $$$bagger
Geely https://en.wikipedia.org/wiki/Geely
Number of employees, 80,000
Revenue CN¥92.1 billion[2] (2020)
Operating income CN¥9.636 billion[2] (2020)
Net income CN¥6.44 billion[2] (2020)
Total assets CN¥206.74 billion[2] (2020)
Total equity CN¥64.21 billion[2] (2020)
Lotus Cars Limited..., Parent organizations: Geely, Proton Holdings, Lotus Group International Ltd.
The company launched its first electric hyper-SUV Eletre last year, with customer deliveries taking place in China at the end of March 2023 and UK and Europe imminently. Lotus recently launched Emeya, its next generation electric hyper-GT, in early September 2023.
Lotus continues to see a huge demand for its products, with an orderbook of over 17,000 vehicles for its Emira sports car and Eletre hyper-SUV. Lotus has ramped up production this year, having had a record-breaking first half of 2023, with an 381% increase from FY22. It expects the full year to surpass all previous years.
London, UK (21 September 2023)
https://media.lotuscars.com/en/news-articles/lotus-appoints-victoria-tomlinson-as-executive-director,-pr-and-communications.html
About Lotus
Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.
Lotus Emeya, Flagship EV GT
...Derived from Geely’s SEA EV platform, ...
...The all-new Lotus Emeya is set to enter production later in 2024, taking place at Geely’s manufacturing plant in Wuhan, China. Sales for the Emeya are expected to commence some time later in 2024, with more details regarding that matter will be revealed later in Q4 this year.
https://www.caricarz.com/en/news/lotus-emeya-unveiled-as-marques-905-hp-rated-flagship-ev-gt/8878
London, UK September 21, 2023 Lotus appoints Victoria Tomlinson as Executive Director, PR and Communications
Victoria said: “Lotus has ambitious plans to transform its entire product offering and scale globally in the next five years, and I can’t think of a more exciting time to join the business. It’s a real privilege to support and shape the communication of Lotus’ extensive heritage and its ambitious future plans.”
https://media.lotuscars.com/en/news-articles/lotus-appoints-victoria-tomlinson-as-executive-director,-pr-and-communications.html
FFIE 3.995 Faraday Future Announces Management Stock Purchase Plan
September 21, 2023
https://finance.yahoo.com/news/faraday-future-announces-management-stock-221000164.html
FFIE
Faraday Future Intelligent Electric Inc
3.995
0.335 (9.15%)
Volume: 4,349,676
Day Range: 3.71 - 4.34
Last Trade Time: 12:43:58 PM EDT