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Geely

China’s Geely to Buy Major Stake in Renault Korea

China's Geely, which owns Volvo, will buy a 34-percent stake in Renault Korea for W264 billion (US$1=W1,276). The Korean automaker said Tuesday that Geely will acquire the stake by buying newly issued shares, reducing the French Renault Group's stake from 80.1 percent to 52.9 percent, while Samsung Card's stake will…
bubmag
May 11, 2022
Geely

Geely to Unveil Pickup Truck Brand RADAR

Farizon FX, a pickup truck model under Geely’s sub-brand (Source: Geely) Your browser doesn’t support HTML5 audio NetEase Auto reported on May 7 that RADAR, a new energy vehicle brand, will be released soon. The brand has adopted the slogan “a new and diversified outdoor lifestyle”. A source within Geely…
bubmag
May 9, 2022
Geely

Gotion to supply EV batteries to Geely’s commercial vehicle unit

China’s Gotion High-Tech said on Wednesday that it will supply an estimated total of 126,000 electric vehicle (EV) battery packs to Geely’s light commercial electric vehicles within three years, deepening the ties between the two companies first forged in 2019. The Volkswagen-backed battery maker also reached deals with other automakers…
bubmag
April 21, 2022
Geely

Geely Settles Plug-in Hybrid EV Project in Zhejiang

(Source: Geely) Your browser doesn’t support HTML5 audio The Linhai Municipal Government of Zhejiang Province announced on Monday that it had officially signed a cooperation agreement with Zhejiang Haoqing Automobile Manufacturing Co., Ltd., a subsidiary of Geely Holding Group. Geely officially settled the project of plug-in hybrid electric vehicle (PHEV)…
bubmag
April 19, 2022
Geely

Geely Releases Second Hybrid Model

(Source: Geely) Your browser doesn’t support HTML5 audio The Geely Emgrand L Hi • X compact sedan was officially unveiled on Thursday. This is Geely’s second hybrid model and also the first with the 1.5 TD-3DHT Leishen system. In terms of appearance, the model is not much different from the…
bubmag
April 15, 2022
Geely

Mercedes-Benz and Geely’s Smart #1 Unveiled

Smart #1 (Source: Smart) Your browser doesn’t support HTML5 audio Smart #1, the first vehicle to emerge from a corporate partnership whereby Mercedes-Benz contributes design and Geely carries out development, was officially released on Thursday. The model is based on Geely’s SEA (sustainable experience architecture) electric vehicle platform, and features…
bubmag
April 8, 2022
Geely

Geely EVs to Enter Japanese Commercial Vehicle Market

(Source: Pandaily) Your browser doesn’t support HTML5 audio 3DOM, a Yokohama-based battery startup, announced on Thursday it will launch a commercial fleet service using electric vehicles from China’s Geely Auto Group, joining a growing line of services aimed at helping businesses reduce their carbon footprint. 3DOM added that it will…
bubmag
April 8, 2022
Geely

More Chinese automakers raise EV prices amid surging material costs

Huawei showcased the Arcfox-branded Alpha S, a electric sedan with three lidar sensors co-launched with Chinese automaker BAIC at Auto Shanghai 2021 on April 20, 2021. Credit: TechNode/Jill Shen Struggling with a global shortage of semiconductors and a sharp increase in the cost of battery materials, an increasing number of…
bubmag
April 7, 2022