Lotus line up 2
Lotus rebranded as an electric-only car maker following its takeover by Chinese behemoth Geely
Finance and corporate

Lotus EV division valued at $5.5bn in public listing

Listing on the New York stock exchange will value EV-focused Lotus Technology division at $5.5 billion

22 February 2024
Lotus EV division valued at $5.5bn in public listing
AstonMartin DB12 Q  NEw York
Aston Martin is part owned by consortium Yew Tree, Geely, Mercedes-Benz, Lucid and Saudi Arabia’s Public Investment Fund
Finance and corporate

Lawrence Stroll-led Yew Tree boosts Aston Martin stake to 26.23%

Billionaire chairman's Yewtree consortium had agreed with Geely to cap its stake at 25% until August 2024

3 October 2023
Lawrence Stroll-led Yew Tree boosts Aston Martin stake to 26.23%
Finance and corporate

Autocar names top rising stars in 2023 Great Women awards

Best up-and-coming female talent spanning 11 categories named; 124 other rising stars also recognised

28 June 2023
Autocar names top rising stars in 2023 Great Women awards
99 Lotus Technology HQ architectural image
Lotus Technology will build 90,000 'lifestyle'-focused Lotus EVs annually by 2028
Finance and corporate

Lotus Technology EV division to go public with SPAC merger

China-based Lotus Technology valued at £4.38 billion as it merges with SPAC firm for Nasdaq listing

31 January 2023
Lotus Technology EV division to go public with SPAC merger
Finance and corporate

Winners and losers in the 2022 UK car market

Having survived the pandemic, which car makers coped best after this latest bump in the road?

29 December 2022
Winners and losers in the 2022 UK car market
lawrence stroll
Lawrence Stroll has been executive chairman of Aston Martin since 2022
Finance and corporate

Aston Martin: Stroll ups stake to block possible Geely takeover

British firm's chairman, and his Yew Tree investment group, take shares total to 28.29% after pumping in over £50m

20 December 2022
Aston Martin: Stroll ups stake to block possible Geely takeover
Britishvolt gigafactory render
Britishvolt previously delayed its projected production start from mid-2024 to 2025
Finance and corporate

Britishvolt secures funding 'for coming weeks' as investor steps in

EV battery start-up given cash to survive from anonymous investor; staff take pay cut

2 November 2022
Britishvolt secures funding 'for coming weeks' as investor steps in
Nissan badge 2022
The sale of Nissan's Russian business is expected to incur a loss of £620 million
Finance and corporate

Nissan announces total exit from Russian market

Nissan is selling manufacturing and sales assets to state with six-year buy-back agreement in place

11 October 2022
Nissan announces total exit from Russian market
range rover sport 09 front tracking 0
The order book has been fuelled by the release of the new Range Rover and Range Rover Sport
Finance and corporate

JLR order book rises to more than 205,000 cars

But Tata-owned British firm is increasing production as it pushes to reverse £524m loss

10 October 2022
JLR order book rises to more than 205,000 cars
Volkswagen ID 3 2021 front detail
An IPO for Volkswagen's battery division, Powerco, has been hinted at
Finance and corporate

VW Group brands to simulate IPOs following Porsche success

Volkswagen Group will use initial public offering ‘training sessions’ for each brand to inform strategy

4 October 2022
VW Group brands to simulate IPOs following Porsche success

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