Geely

A big vision — delayed Last Thursday, Geely released its interim results. In the first half of the year, total revenue was 58.18 billion yuan ($8.49 billion), a year-on-year increase of 29%, which sounds good, but there were other, more disappointing numbers: The net profit was 1.55 billion yuan ($226.36…

Chinese automaker Geely is in talks with autonomous vehicle startup TuSimple about acquiring its business unit in the Asia-Pacific region, with the exact size and timing of the expected deal still unknown, tech media outlet AI4AUTO reported on Saturday, citing insider sources. San Diego-headquartered TuSimple, previously backed by Chinese social…

UK researchers have found a way to reduce the risk of electrocution with electric vehicles, while US utility Duke Energy said it is exploring how the Ford F-150 Lightning can serve as a grid resource. Chinese carmaker Geely posted disappointing first-half results, while IHS Markit said it expects strong uptake…

Your browser does not support the audio element. Chinese automotive maker Geely plans to buy the entire stake of autonomous driving company TuSimple’s Asia-Pacific business. The Zhejiang-based firm has made an offer to TuSimple’s headquarters in the United States, but details such as the purchase price have not been released,…

Your browser does not support the audio element. Chinese automotive industry blogger with Weibo username “Delu Loves Driving” posted on August 19 that, as Geely revealed at yesterday’s interim results conference, Zeekr will come out with two new products in the second half of 2022. In addition to the newly…

Geely is reaffirming its goal of completing more than 70,000 Zeekr-branded electric vehicle deliveries for 2022, despite growing competitive pressure and ongoing supply chain issues, as the Chinese automaker ramps up efforts to catch up to rival BYD. The Volvo parent company is also on track to launch the second…

Your browser does not support the audio element. Several Chinese media outlets reported on August 18 that a series of photos that appeared to show Geely’s new mini pure electric vehicle have been exposed to the public. The new car will be subsumed under the Geometry brand, and it is…

Your browser does not support the audio element. Polestar, a Geely-backed high-performance pure electric vehicle brand, announced on August 16 that it will put the brand-new pure electric concept sports car Polestar 6 into production. The mass production model is expected to be launched in 2026. According to the official…

Your browser does not support the audio element. On August 15, Smart, a new energy vehicle brand jointly established by Mercedes-Benz and Geely, released many pictures of the new Smart #1 BRABUS Performance Edition. The car will be unveiled at the 25th Chengdu Motor Show on August 26. Compared with…

Your browser does not support the audio element. On August 11, China’s Ministry of Industry and Information Technology (MIIT) publicized the latest batch of models approved in the Announcement of Road Motor Vehicle Manufacturers and Products. The announcement suggests Geely’s new Xingyue-L plug-in hybrid version has received approval from MIIT.…