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Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Share to FacebookShare to TwitterShare to LinkedinZeekr’s flagship model, the Zeekr 001, on display in Shanghai, China. Qilai Shen/Bloomberg Zeekr, an electric vehicle brand of Chinese billionaire Li Shufu’s Geely Holding Group, announced on Monday it raised $750 million from investors including Chinese billionaire Robin Zeng’s Contemporary Amperex Technology (CATL), the world’s largest EV battery…

32 Cars With The Best Safety Rating

32 Cars With The Best Safety Rating

Passenger safety is paramount, and car owners often chip in extra dollars to equip themselves with a “safer” model. But it’s not just about the “n” number of airbags. The safety of a car is ideally categorized under key pillars that include: – Crash test results from the National Highway Traffic Safety Administration (NHTSA) and

Brazil monetary council will not discuss inflation targets -minister

Brazil monetary council will not discuss inflation targets -minister

© Reuters. FILE PHOTO: Brazilian Economy Minister nominee Fernando Haddad speaks during a news conference in Brasilia, Brazil December 13, 2022. REUTERS/Ueslei Marcelino BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the National Monetary Council, the government’s top economic policy body, will not discuss changing inflation targets at its monthly meeting…

Colombia’s central bank may need more rate hikes depending on inflation -IMF

Colombia’s central bank may need more rate hikes depending on inflation -IMF

BOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation in Latin America’s fourth-largest economy behaves, the International Monetary Fund (IMF) said on Tuesday, while not ruling out other internal risks. The board of Colombia’s central bank has raised borrowing costs by a total of…