Geely

Ecarx chief executive Shen Ziyu spoke at the company’s annual Tech Day event in the central Chinese city of Wuhan on March 24, 2023. Credit: Ecarx Geely’s high-end car brand Lynk & Co will be the first sub-brand from Geely to incorporate an in-car operating system called Flyme Auto in…

Farizon Auto, Zhejiang Geely Holding Group Co.’s new-energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of a potential U.S. initial public offering, according to people familiar with the matter. The company is seeking a valuation of about $4.5 billion in the new…

CATL has begun mass production of a new high-capacity lithium-ion battery, called Qilin in Chinese, and will initially ship it to Geely’s electric vehicle brand Zeekr. The company’s 009 vans equipped with the batteries will be available to customers in the second quarter. Financial media outlet Caixin first reported on…

According to Geely, it is projecting a total of 1.65 million units for the current fiscal year and it expects its electric vehicle to dominate the mix. Chinese automobile giant Geely Automobile Holdings Ltd (HKG: 0175) has beaten revenue expectations with respect to its revenue for the 2022 financial year.…

Geely is maintaining its target of over 140,000 electric vehicle deliveries of its premium Zeekr brand in 2023 despite intensifying competition in the Chinese auto industry, Andy An, Geely’s president and Zeekr’s chief executive, said on Tuesday during an earnings meeting. Specifically, the automaker expects to deliver 70,000 units of…

On March 21, Chinese automaker Geely released its annual financial report, revealing that the company recorded a revenue of 147.965 billion yuan ($21 billion) in 2022, representing a year-on-year increase of 45.6%. Geely’s net profit for the year was 5.26 billion yuan ($763 million), up 8.5% from the previous year,…

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Geely showcased its first electric vehicle under the Galaxy lineup, the L7, as well as the Galaxy Light, a sleek electric prototype sedan, at a press conference in Hangzhou on Thursday, Feb. 23, 2023. Credit: Geely Chinese automaker Changan has issued a formal complaint against Geely for allegedly copying its…

On February 28, Geely rejected Changan Auto’s claim of intellectual property rights infringement following last week’s release of its new Galaxy model. Geely said that the new model, known as Galaxy Light, is an original design, and there has been no plagiarism or infringement of Changan’s IP rights. Previously, Changan…

Gan Jiayue, chief executive of Geely Automobile Group, spoke at a press conference where the company showcased its first electric vehicle under the Galaxy lineup, the L7, in Hangzhou on Thursday, Feb. 23, 2023 Credit: Geely Geely on Thursday revealed the L7, its first model in the new Galaxy electric…