Geely

Chinese automaker Geely on Thursday launched a premium EV model, named Zeekr 001, and already started to take orders for the sedan, which is priced between RMB 266,000 and 345,000 (USD 40,756 to 52,861), according to posts on Zeekr’s official Weibo account. Zeekr is a new joint venture of Geely…

The Hangzhou-based company has shown solid ambitions of becoming a leader in the packed Chinese EV arena. (Source: Zeekr) Prominent Chinese carmaker Geely launched its premium electric vehicle (EV) brand Zeekr on Thursday with the unveiling of a new car model, which will now compete against a cohort of EV…

(Source: Lotus) Zhejiang Geely Holding Group is planning to raise $1 billion to help its luxury British sports car brand Lotus Cars enter China’s vast and growing electric vehicle (EV) market, according to people familiar with the matter, Bloomberg reported. The funding round could value total Lotus’ EV operations at…

HELSINKI — Guangzhou is developing a major space cluster in the city by hosting new projects including the new headquarters for the space business of Geely Technology Group. Geely, a major automaker which owns Volvo Cars and part of Daimler AG, is to establish a space headquarters in Nansha district…

(Source: Geely) Chinese leading automaker Zhejiang Geely Holding Group announced on Tuesday that it plans to establish a commercial aerospace company in Nansha District of Guangzhou, the capital of southern Guangdong province, seeking to research and develop its own satellite and communications technologies. The new aerospace company is named Shikong…

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Business China's Geely Automobile Holdings Ltd said on Tuesday that its 2020 net profit fell 32per cent, as auto sales in the world's biggest market was hit by the COVID-19 pandemic. FILE PHOTO: The Geely Automobile Holdings logo is pictured at the Auto China 2016 auto show in Beijing, China…

Chinese search engine and AI company Baidu Inc has completed the registration of a new electric vehicle (EV) company, officially signaling a kick-off of its new venture with automaker Geely. The new EV firm was registered in Shanghai on Tuesday and is named Jidu Auto (集度汽车), with a registered capital…

In last week’s China VC news, newly founded semiconductor maker Moore Threads raked in a mind-boggling pre-A round just 100 days after its founding, Geely-backed ECARX raised $200 million for global expansion and Shanghai-based Ocean Link secured commitments for a new travel and consumer tech-focused fund. Semiconductor firm Moore Threads…

by Andrew Jones — February 26, 2021 A render of a satellite for the Geely satellite constellation for autonomous self-driving. Credit: Geely Chinese private automaker's plans follow central government policy shifts and development of new commercial space supply chains. HELSINKI — Chinese private automaker Geely has got the green light…