Geely

Geely3 years ago

Zhejiang Geely buys 7.6% stake in Aston Martin

Zhejiang Geely Holding Group said on Friday it purchased a 7.6% stake in British luxury automaker Aston Martin. The deal value was not revealed. The stake is valued at 7.55

Geely3 years ago

Geely acquires over a third of stake in Renault Korea

Geely Automobile will acquire just over a third of Renault’s Korea unit for approximately $200 million, potentially helping it increase U.S. exports, and freeing up funds for the French automaker

Electric3 years ago

Japan start-up to offer fleet service using Geely electric vehicles

A Japanese battery start-up on Thursday said it would release a commercial fleet service using electric vehicles from China’s Geely Holding Group, joining an increasing field of services intended at

Google4 years ago

Waymo and Zeekr to develop driverless taxis for the US

Zeekr will make electric vehicles for Waymo that will be deployed as fully autonomous ride-hailing vehicles across the United States. Zeekr is Geely Holding’s premium electric mobility brand, described by

Geely4 years ago

Geely to install 5,000 battery swapping stations by 2025

China’s Geely intends to set up 5,000 battery swapping stations for electric vehicles (EV) worldwide by 2025, as sales continue to increase in the country. A battery-swapping station permits drivers

Geely4 years ago

Geely hires car designer Stefan Sielaff

Geely has hired car designer Stefan Sielaff as the Chinese automaker’s turn to new styles to increase sales. Sielaff has worked for Bentley, Volkswagen, and Daimler before. Sielaff will be

Geely4 years ago

Renault and Geely to explore new hybrid vehicle joint venture

Renault said it is looking to revive business in China by establishing a hybrid vehicle joint venture with Geely Holding Group, a year after it completed its previous operation in

Geely4 years ago

Baidu and Geely’s Jidu Auto to spend $7.7 billion in ‘robot’ smart cars

Jidu Auto, an electric vehicle venture between Baidu and Geely, aims to invest 50 billion yuan ($7.70 billion) into producing smart cars for the next five years, its CEO Xia

Volvo4 years ago

Geely’s electric vehicle unit Polestar raises $550 million

Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external

Volvo4 years ago

Volvo Cars to review options including IPO and stock market listing

Zhejiang Geely Holding said on Wednesday its unit Volvo Cars would explore capital market options such as a potential initial public offering (IPO) and stock market listing. Geely purchased Volvo

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