Geely

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…

Chinese carmaker Geely unveiled a new line of high-end electric cars on February 23 as part of a push to make up lost ground. The new Galaxy lineup will include seven models over the next two years, including four long-range hybrids and three pure electric cars. The hybrid electric Galaxy…

China's Geely aims to launch seven electrified models under a new premium brand in the next two years, the company said on Thursday. Of the seven models planned for the Geely Galaxy brand, featuring its self-developed battery system, three will be pure electric cars, while four will be hybrid models,…

The world’s first 100,000-ton low-carbon green methanol plant developed by Chinese automaker Geely and resource company Henan Shuncheng Group was officially put into operation on February 21. Methanol is a low-carbon, oxygenated, renewable fuel with high combustion efficiency. It is liquid at room temperature and normal atmospheric pressure, which makes…

Geely announced on Monday that it will roll out its new electric vehicle portfolio powered by Baidu’s ChatGPT-like chatbot, becoming the latest Chinese automaker to incorporate the artificial intelligence technology into their vehicles with the aim of smooth interaction between car owners and vehicle systems. A day earlier, Volvo’s parent…

On February 17, Geely’s electric automobile brand Zeekr denied recent accusations of sales fraud on social media. The Chinese company has already filed for a U.S. initial public offering. Consumer dissatisfaction with Zeekr started with the expiration of Chinese subsidies for EV buyers at the end of last year. Additionally,…