Geely

Ecarx, an in-car software system supplier backed by Geely and Baidu, is weighing up a merger with a US-listed special purpose acquisition company (SPAC) that could value it at as much as $4 billion, Bloomberg reported Wednesday citing people with knowledge of the matter. The company also plans to reach…

(Source: Ruilan Auto) Your browser doesn’t support HTML5 audio Geely’s joint venture with Lifan Technology, Ruilan Auto, has launched its first battery swap-enabled model – Maple 60S, available in two versions, priced at 139,800 yuan ($22,100) and 169,800 yuan. The Maple 60S measures 4,730 mm in length, 1,804 mm in…

(Source: Zeekr) Your browser doesn’t support HTML5 audio The 10,000th Zeekr 001, the first model of Geely’s auto brand Zeekr, officially rolled off the production line on Thursday. Its manufacturing plants are making every effort to ensure vehicle production so as to shorten the delivery waiting time for consumers. To…

JIDU Robocar Concept Car Baidu’s intelligent electric vehicle arm JIDU announced that it has closed Series A financing, raising nearly US$400 million. This round of financing was backed by Baidu itself and its strategic partner, Chinese auto manufacturer Zhejiang Geely Holding Group. With the completion of financing, JIDU is set…

Geely debuted the Zeekr 001 at its facility in the eastern city of Ningbo on Thursday, April 15, 2021. (Credit: Geely) Geely is reportedly in advanced talks to acquire Meizu Technology, a domestic smartphone maker backed by e-commerce giant Alibaba, as the Chinese auto group aims to provide a mobile-driven…

(Source: Pandaily) Your browser doesn’t support HTML5 audio Renault Group and Geely Holding Group have signed an agreement to collaborate in bringing fuel-efficient hybrid electric vehicles (HEVs) and internal combustion engine (ICE) models to the South Korean market, as well as for export sales. The vehicles will be produced at…

Meizu 18X (Source: Meizu) Your browser doesn’t support HTML5 audio 36Kr reported on Friday that it had learned from several independent sources that Geely Group’s smartphone company is in contact with Meizu, a Chinese smartphone manufacturer, for acquisition. As the transaction has not yet been finalized, the price of the…

Geely’s premium electric mobility brand Zeekr has set itself a goal of delivering 70,000 vehicles this year with plans to begin exporting its first offering – the model 001 – to Europe early next year, company sources told state-owned financial media CLS on Monday. Zeekr is also reportedly pursuing a…

Jidu Auto, an electric vehicle joint venture from tech giant Baidu and auto major Geely, has become the latest carmaker to commit to using Nvidia’s next-generation computer Drive Orin for its models’ self-driving functions, the two companies announced on Thursday. Jidu reaffirmed its plan to debut a concept vehicle at…

LONDON: From the great lockdown, to the great rebound? At the start of this year the world was optimistic that the development of pioneering vaccines would restrict the global spread of COVID-19. December 2020 marked the date when vaccinations for the virus first began to be administered around the world.…