Geely

Chinese automaker Geely will launch new cars every month this year, more than 90% of which will be new energy vehicles, with the main goal of increasing the firm’s market share, domestic media outlet Cailian Press reported on January 19. For the Geely brand, in addition to promoting the Panda…

By Norihiko Shirouzu and Gilles Guillaume BEIJING/PARIS (Reuters) -Renault SA and China’s Geely Automobile Holdings are working to finalise a deal to bring Saudi Aramco in as an investor and partner to develop and supply gasoline engines and hybrid technologies, three people with knowledge of the talks said. The Saudi…

After implementing major organizational adjustments at the end of last year, the internal reform of XPeng is still in progress. According to a report by Mingjing Pro on January 10, Yi Han, a former Geely executive, will join XPeng as vice president after the upcoming Spring Festival holiday, and will…

On January 9, Chinese automaker Geely announced its latest production and sales data. In December, its total sales volume of passenger cars was 146,000 units, down 8% year-on-year, among which the sales volume of new energy vehicles was 44,550 units, up 165% year-on-year. According to these figures, the penetration rate…

Meizu, a Chinese smartphone manufacturer acquired by a venture under Geely’s chairman last year, will open a new three-story flagship store in Wuhan, Hubei Province. The new store was being renovated and the enclosure was marked with “FlymeAuto,” Meizu’s vehicle system, indicating that the store may be used to sell…

Zeekr is a Chinese auto brand that you are likely to hear much more about in 2023. Founded back in 2021, the company is owned by the Geely group which also owns other brands like Lotus, Volvo and Polestar. Zeekr is the group’s luxury brand and on December 30th, announced…

JIDU, a new energy smart vehicle company with joint investment from Chinese internet giant Baidu and leading automobile maker Geely, unveiled its ROBO-01 standard version vehicle, a medium to large-sized SUV, and the new pure electric coupe ROBO-02, at an automotive exhibition in Guangzhou on December 30. The ROBO-01 and…

A subsidiary of leading Chinese automaker Geely has recently become the sole shareholder of Meizu, a Zhuhai-based smartphone company, as shown by public business inquiry platforms on December 30. The former shareholders of Meizu, including firm founder Jack Wong, Telling Communication Holding Co., Ltd. and other companies, have withdrawn. In…

A Shanghai court has ordered Chinese electric vehicle maker WM Motor to pay Geely RMB 7 million ($1 million) in compensation for misappropriating trade secrets involving several of the latter’s proprietary car parts drawings. WM Motor was ordered to stop using the trade secrets on its EX5 electric crossovers, which…

In 2018, Chinese automaker Geely sued its rival WM Motor on the grounds of infringing upon its trade secrets, demanding WM Motor to compensate 2.1 billion yuan ($301 million). As a result, the case has been tried many times over the last few years. According to Caijing Automobile‘s report on…