Chinese auto giant geely launches electric truck
China's Geely on Monday launched a new electric semi truck as automakers look to bring new technology to the commercial vehicles market. Geely’s commercial vehicle group, Farizon Auto, is planning to roll out the new Homtruck in 2024 and is targeting international markets too. Geely's Homtruck launch comes as a number of automakers Geely's Homtruck launch comes as a number of automakers from Mercedes owner Daimler to Warren Buffet backed BYD have annouced their own electric trucks. Tesla, one of the biggest player in the EV market which has annouced its own truck called SEMI in 2017 which has delayed production of that vehicle for sometime.
- The homtruck will have different power options including methanol hybrid or pure electric.
- The homtruck is built with autonomous driving in mind. Geely claimed that the vihicles will be able to use partially autonomous driveless features. Trucks will be able to communicate with each other to maintain safe speed and distance in longer journeys
- Geely hopes to have some partial driveless features by 2023 and achieve full autonomy in 2030.
Automakers are dealing with surge in the prices of raw materians and a global shortage of semiconductors. Hoever the EV sector remains a hot and competitive field. With big names such as tesla. BYD and nio competing for market share internationally. Be sure to keep a look out for Geely as its goal for autonomous driving is extremely ambitious and yet full of endless posibilities. It look to further its horizon by looking to expand internationally will be sure to bolster its brand and reputation.
If you wish to leverage on this consider using DLCS,
$GEELY AUTO(00175.HK$
5 x long $Geely 5xLongSG230331(DVPW.SG$
5 x short $Geely 5xShortSG230126(DDEW.SG$
If you wish to leverage on this consider using DLCS,
$GEELY AUTO(00175.HK$
5 x long $Geely 5xLongSG230331(DVPW.SG$
5 x short $Geely 5xShortSG230126(DDEW.SG$
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