Geely

Cao Cao Mobility, a ride-hailing subsidiary of Chinese automaker Geely, has secured “billions of yuan” (RMB 1 billion is about $150 million) in a new funding round, Chinese media 36Kr reported Monday, citing people familiar with the matter. A Cao Cao spokesperson declined to comment when reached by 36Kr. The…

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content BEIJING — Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel Capital , battery maker CATL and online entertainment…

(Source: Geely) At an interim results conference on Wednesday, Chinese carmaker Geely Auto Group said that its revenue in the first half of the year reached 45 billion yuan ($6.92 billion), a year-on-year increase of 22%, while net profit was 2.41 billion yuan. In addition, the firm set a goal…

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(Source: WapCar) Car manufacturers Geely and Renault said on Monday they would jointly work to develop petrol-electric hybrid vehicles for core fast-growing markets such as China and South Korea. According to a memorandum published by the two firms, the cooperation between them will reflect Geely’s opening strategy to its vehicle…

Alibaba, Tencent and others rushed to help Henan which suffered heavy rains In recent days, Zhengzhou city has experienced extreme heavy rains, which have caused floods. The daily precipitation at five districts in Zhengzhou even exceeded the extreme value of the meteorological records. At 16-17 o’clock on the 20th, the…

Polestar, the premium electric vehicle maker owned by China's Geely and Volvo Cars, is in talks to go public through a merger with blank-cheque firm Gores Guggenheim Inc, Bloomberg News reported on Thursday. The deal may value the combined company at about $25bn (roughly R357,773,500,000), the report said. This comes as…

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content Polestar, the premium electric vehicle maker owned by China’s Geely and Volvo Cars, is in talks to go public through a merger with blank-check firm Gores Guggenheim Inc, Bloomberg News reported (Reporting by…

(Source: AMS) Chinese automaker Geely Automobile announced on Tuesday that the company’s total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%. In the first half of 2021, the total sales volume was 630,200 units, up about 19% year-on-year, reaching 41%…

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