MarkLines Automotive Information Platform

Polestar to begin U.S. sales of Polestar 4, now debuting in New York

or with standard Pilot Pack, and customer deliveries planned for Q4 2024. Polestar 4 premiered globally at the Shanghai Auto Show in April 2023 and went on sale in Europe and Australia in January 2024. Expected to begin in 2025, an agreement between Polestar, Geely Holding and Renault Korea Motors (RKM) will bring contract manufacturing of Polestar 4 vehicles for the North American and domestic South Korean markets to RKM’s Busan, South Korea p...

News Updated at: 2024/03/28

Polestar Day in LA: Korean production in 2025, V2G projects, StoreDot’s XFC demo

ar Synergy. At the exhibition, Polestar confirmed that manufacturing of Polestar 4 in Hangzhou Bay, China, will be complemented with manufacturing in Busan, South Korea, expected to start during the second half of 2025. The agreement reached between Polestar, Geely Holding and Renault Korea Motors (RKM), will bring contract manufacturing of Polestar 4 vehicles for the North American and domestic South Korean markets to RKM’s Busan plant. Also a...

News Updated at: 2023/11/10

Renault Korea to launch new vehicle line-up based on Geely-Volvo technologies from 2024

Renault Korea to launch new vehicle line-up based on Geely-Volvo technologies from 2024 On October 11, Renault announced that Renault Korea Motors (RKM) is launching an all-new vehicle lineup of fuel-efficient hybrid electric vehicles (HEV) models in the D segment based on the latest Geely-Volvo technologies for both local and export markets starting in 2024. This body shape unveils the proportions and dynamic lines of the next RKM coupe SUV. Thi...

News Updated at: 2022/10/11

Geely to acquire 34.02% shares of Renault Korea Motors

Geely to acquire 34.02% shares of Renault Korea Motors On May 10, Geely Automobile Holdings (Geely Auto) and Renault Group reached an agreement in which Geely Automobile Holdings via its subsidiary, Centurion Industries Limited, will hold 34.02% of the total issued share capital of Renault Korea Motors (RKM). Renault Group remains the majority shareholder in RKM and will continue to fully consolidate the entity. In January 2022, Geely Holding Gr...

News Updated at: 2022/05/10

Mercedes-Benz sells 200 buses with advanced technology to VIP Group in Brazil

echnology to the VIP Group, largest operator of urban mass transit in the city of São Paulo, Brazil. The VIP Group company had already acquired 150 city buses of the 500 chassis line with an automatic engine shutdown system (EIS), with another 50 units featuring an electric energy recovery system (RKM) scheduled to be delivered through March 2019. The RKM system stores electric power in super capacitors, that when released, allows a 2% saving in...

News Updated at: 2018/12/19