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April 12 - According to Iranian sources early this morning, the Iran-US negotiations ended minutes earlier, with no agreement reached due to "US greed and ambition."On April 12, Irans Tasnim News Agency reported that some Western media outlets have begun to make "inaccurate descriptions" of the atmosphere surrounding the Iran-US negotiations in Islamabad, as the United States has failed to achieve its objectives in the talks. The report stated that only the Iranian and US negotiating teams and Pakistani officials were present at the Serena Hotel, and no media were allowed entry. Therefore, reports of "fierce clashes in the meeting room" and "handshakes between members of both sides" are purely media hype by the US to cover up its "repeated failures and weak position" in the negotiations. According to previous reports from Iranian media citing informed sources, the Iran-US negotiations in Islamabad have made no substantial progress since they began due to the USs "exorbitant demands." Some Western media outlets are exaggerating the "positive atmosphere" of the negotiations for the purpose of influencing international energy prices. Although there has been some progress in the expert-level talks, the two sides still have serious differences on several issues, including the Strait of Hormuz.U.S. Vice President Vance: We bring a very simple proposal, a way to reach an understanding, which is our final and best solution.U.S. Vice President Vance: We are quite flexible.US Vice President Vance: It needs to be clearly confirmed that Iran will not seek nuclear weapons.

By 2023, Geely's Zeekr EV Brand Intends to Triple Sales And Expand in Europe

Charlie Brooks

Jan 06, 2023 11:37

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The CEO of Chinese electric vehicle manufacturer Zeekr, Andy An, told Reuters on Thursday that the company aims to triple sales to about 140,000 vehicles in 2023 and expand into Europe.


Zeekr, a brand created by the Chinese carmaker Geely, sold 72,000 automobiles in China in 2022. Its 001 model, priced at about 300,000 yuan ($43,600), competes on the increasingly competitive Chinese market with Tesla (NASDAQ:TSLA) Inc's Model Y crossover and other premium automobiles.


In response to rising competition from Chinese manufacturers like as Zeekr, Tesla has decreased pricing and output in China. In December, Tesla sales fell to their lowest point in the past five months.


This month, manufacture of the Zeekr 009 model will commence.


In an interview at the annual technology show CES 2023 in Las Vegas, An noted that Europe was a growth region for Zeekr. Later this year, Zeekr plans to begin selling vehicles equipped with Mobileye's driver assistance technologies.


Geely, the parent company of Zeekr, maintains a controlling ownership in Volvo Car AB, which serves as its European base.


Zeekr and Waymo, the robotaxi branch of Alphabet (NASDAQ:GOOGL), showed a ride service vehicle prototype at CES.


According to An, Zeekr intends to build vehicles for Waymo in China, but U.S. production is conceivable "depending on market conditions."


According to an official, Zeekr has no ambitions to enter the U.S. consumer market.


Last month, Zeekr filed for an initial public offering in the United States without disclosing the deal's size or timeline. Reuters had reported that Zeekr's IPO objective was to raise over $1 billion and be valued at over $10 billion.

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