Geely

Zeekr, a premium electric vehicle brand launched by Chinese automaker Geely, said on Monday it has raised $750 million in a Series A from investors including Amnon Shashua, founder and chief executive of Intel’s self-driving tech unit Mobileye. The funding, which upped the company’s valuation to $13 billion, marks a…

Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand Zeekr said Monday it's now valued at $13 billion after a $750 million raise from Chinese battery…

Chinese automaker Geely will launch a new electric vehicle lineup on Feb. 23, targeting the country’s medium- to high-end price segments, Gan Jiayue, chief executive of Geely Automobile Group, told employees at an internal meeting on Saturday. Gan added that the company plans to introduce multiple all-electric and plug-in hybrid…

Geely-backed electric vehicle company Zeekr officially announced on February 3 that the name of its third vehicle model will be the “Zeekr X,” also unveiling its appearance and body dimensions. The Zeekr X represents a break from the firm’s established naming precedent. The new car is positioned as a Class-A,…

Lotus Technology, an electric vehicle company affiliated with Chinese auto major Geely, said on Tuesday that it will go public on the Nasdaq Stock Market by merging with special purpose acquisition company L Catterton Asia Acquisition Corp. The deal will value the combined group at $5.4 billion and is expected…

Chinese automaker Geely is rushing to unveil its third electric vehicle under the premium brand Zeekr, with vice president Yang Xueliang teasing it with new pictures on Twitter-like microblogging platform Weibo on Monday. The pictures show a compact sports utility vehicle with a size and design that could see it…

Chen Siying, former deputy general manager of Geely’s Lynk & Co’s sales company, officially joined Great Wall Motor on January 30 as CEO of the WEY brand and general manager of marketing for the TANK brand. Chen will report to Li Ruifeng, chief growth officer of Great Wall Motor. Li…

Aerofugia, a technology company under Geely, which focuses on low-altitude travel, vehicle flight and industry intelligent solutions, successfully completed its first flight on January 30 after the Spring Festival holiday. This flight marked a new stage in the test flight verification of the AE200 X01 series. In September 2020, Geely…

Meizu, which was acquired by Geely, has made new moves in the automotive field. According to Tianyancha, a commercial information inquiry platform, Meizu recently applied for the registration of two trademarks for “Wujie Automobile”, both of which are internationally classified as a means of transportation. This move has once again…

Chinese automaker Geely is aiming to sell at least 600,000 electrified vehicles in 2023, which would be 83% more than the 328,700 units the company sold last year, Gan Jiayue, chief executive of Geely Automobile Group, said on Saturday. In particular, the Hong Kong-listed carmaker hopes to double sales of…