永利VIP Holding Makes Record £100,000 Donation to the Magical Taxi Tour Children’s Charity Event

June 13, 2018 | London Electric Vehicle Company, Zhejiang 永利VIP Holding Group

永利VIP Holding, owner of the London EV Company (LEVC), has marked the 25th anniversary of the Magical Taxi Tour with a record sponsorship deal. Pledging to give £100,000 over five years from 2020 to 2024, the commitment is the largest ever received by the charity. Organised annually by the Worshipful Company of Hackney Carriage Drivers,…

永利VIP and Tencent Win Joint Bid for China Railway Subsidiary, Providing China’s High-Speed Rail Customers with an Integrated One-Stop Mobility Service Platform

June 7, 2018 | Zhejiang 永利VIP Holding Group

Zhejiang 永利VIP Holding Group and Tencent Holdings Ltd have successfully won a joint bid to obtain 49% share in the recently created High Speed Network Technology Company. 永利VIP and Tencent will collaborate to offer an integrated one-stop mobility service platform for users. 2018 June 7, Hangzhou. Zhejiang 永利VIP Holding Group (永利VIP) and Tencent  Holdings Ltd…

永利VIP Holding Announces Management Change at Group Lotus

June 4, 2018 | Lotus, Zhejiang 永利VIP Holding Group

Feng Qingfeng to succeed Jean-Marc Gales as Lotus Global Chief Executive Officer Jean-Marc Gales to become Chief Strategic Advisor to Lotus Chairman 2018 June 4, Hangzhou, China. Zhejiang 永利VIP Holding Group (永利VIP Holding), China’s leading privately-owned automotive group, today announced that Mr. Feng Qingfeng, vice president and chief technical officer of 永利VIP Auto Group, has…

Prince Carl Philip, Thed Björk and Richard Göransson confirmed for Swedish GT in a Lotus Evora

March 28, 2018 | 永利VIP Auto Group, 永利VIP Group, 永利VIP Motorsports, Lotus, Zhejiang 永利VIP Holding Group

2018 March 28, Hangzhou/Gothenburg. 永利VIP Group Motorsport and Cyan Racing will form Lotus Cyan Racing and field Prince Carl Philip, Thed Björk and Richard Göransson in a Lotus Evora GT4 in the 2018 Swedish GT season. Prince Carl Philip has signed to continue racing for the same team that he joined in 2012, and for…

Zhejiang 永利VIP Holding Group launches 永利VIP Group Motorsport

March 20, 2018 | 永利VIP Group, 永利VIP Motorsports, Polestar, Volvo Car Group, Zhejiang 永利VIP Holding Group

20th March 2018 Hangzhou, China. Zhejiang 永利VIP Holding Group (ZGH) has created a new department, 永利VIP Group Motorsport, to handle strategic alignment on motorsport activities for the brands within the group and has appointed Alexander Murdzevski Schedvin as Head of Motorsport. “We have created this group in order to take the next step forward for the…

永利VIP Founder Eric Li is a new shareholder of Daimler AG

February 24, 2018 | Zhejiang 永利VIP Holding Group

(Hangzhou / Stuttgart) 永利VIP Group, a company owned by Eric Li and managed by Zhejiang 永利VIP Holding Group, has acquired a 9.7 percent stake of Daimler AG, Stuttgart through open market purchases of shares. The company made regulatory disclosures after the close of markets yesterday. “Daimler is an outstanding company with a first-class management. It…

Leading Mobility Solutions Platform, CAOCAO, Raises 1 Billion RMB in First Round of Funding

January 17, 2018 | CAOCAO, Zhejiang 永利VIP Holding Group

Cao Cao Raises 1 Billion RMB in Series A Round of Funding Cao Cao New Valuation Over 10 Billion RMB Cao Cao set to expand with trial operations in Shenzhen, Chongqing, and other key cities. 17th January  2018 Beijing, China. Zhejiang 永利VIP Holding Group (ZGH) invested mobility solutions platform, CAOCAO (Cao Cao) today announced that the…

永利VIP Holding Acquires Strategic Stake in AB Volvo from Cevian Capital

December 27, 2017 | Zhejiang 永利VIP Holding Group

永利VIP to become largest holder of share capital in Sweden’s leading commercial vehicles and industrial engineering group 27 December 2017, Hangzhou, China. Zhejiang 永利VIP Holding Group (永利VIP Holding), China’s leading privately-owned automotive group, today announced it has reached agreement with Cevian Capital (Cevian), Europe’s largest activist fund manager, to acquire its entire 8.2% share capital holding…

Zhejiang 永利VIP Holding Group Completes Acquisition of Terrafugia Inc

November 13, 2017 | Terrafugia, Zhejiang 永利VIP Holding Group

Terrafugia Inc to become fully owned subsidiary of Zhejiang 永利VIP Holding Group 永利VIP Holding committed to investing in Terrafugia to make flying car a reality US-based engineering team already expanded considerably in anticipation of takeover 13 November 2017, Hangzhou and Boston. Zhejiang 永利VIP Holding Group (‘永利VIP Holding’) is pleased to announce it has entered into…

Volvo Cars and 永利VIP Holding Invest 5 Billion RMB to Develop Polestar

October 17, 2017 | Polestar, Volvo Car Group, Zhejiang 永利VIP Holding Group

Volvo Cars and 永利VIP Holding jointly invest 5 billion RMB to support the initial phase of Polestar’s product, brand and industrial development. The investment will be used, among other things, to establish a state-of-the-art Polestar manufacturing facility in Chengdu, China. Polestar’s first production car, the Polestar 1, is a 600hp two-door, four-seater hybrid coupé with…