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Geely

Geely

Geely and NIO models among top Euro NCAP performers

The Lynk & Co 01 has obtained 5 stars in the European New Car Assessment Programme (Euro NCAP) tests. — Picture courtesy of Euro NCAP PARIS, Sept 14 — Two vehicle models from Chinese automakers have just received top marks in the latest crash test results from the European New…
bubmag
September 14, 2021
Geely

Bilibili invests in Geely’s Zeekr to join the electric car race

Bilibili has joined a group of investors in a $500 million investment in Zeekr, a new premium electric vehicle unit of the Chinese automaker Geely. The video platform has become the latest rising Chinese internet firm entering the booming electric vehicle sector. The investment is Zeekr’s first external funding round,…
bubmag
August 31, 2021
Geely

Geely’s Cao Cao raises ‘billions of yuan’ in new funding round

Cao Cao Mobility, a ride-hailing subsidiary of Chinese automaker Geely, has secured “billions of yuan” (RMB 1 billion is about $150 million) in a new funding round, Chinese media 36Kr reported Monday, citing people familiar with the matter. A Cao Cao spokesperson declined to comment when reached by 36Kr. The…
bubmag
August 30, 2021
Geely

Geely’s EV brand Zeekr raises $500 mln in first external funding

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content BEIJING — Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel Capital , battery maker CATL and online entertainment…
bubmag
August 28, 2021
Geely

Geely Plans to Sell 3.65 Million Vehicles in 2025

(Source: Geely) At an interim results conference on Wednesday, Chinese carmaker Geely Auto Group said that its revenue in the first half of the year reached 45 billion yuan ($6.92 billion), a year-on-year increase of 22%, while net profit was 2.41 billion yuan. In addition, the firm set a goal…
bubmag
August 20, 2021