geely Archives - Pandaily

Geely-backed EV Brand Jiyue Faces Business Collapse, with Sudden Large-Scale Layoffs and Multi-Debt Defaults

On December 11th, Xia Yiping, CEO of the Chinese electric car brand Jiyue, sent out an internal message to his employees admitting that the company is currently "facing challenges and needs to make immediate adjustments".

Polestar and Zeekr Integration Temporarily Halted

Polestar is much smaller than Lynk & Co, but compared to the integration between Lynk & Co and Zeekr, the merger between Polestar and Zeekr faces greater challenges and more internal disputes.

Geely Achieves World’s First Autonomous Drifting with AI Digital Chassis Technology

On March 27th, Chinese automaker Geely announced that, based on its self-developed AI digital chassis, it has recently achieved the world's first autonomous drifting for cars.

Geely Holding and NIO Sign A Cooperation Agreement on Battery Swapping Business

On November 29, 2023, Geely Holding and NIO signed a strategic cooperation agreement on battery swapping in Hangzhou.

Geely Galaxy L7 Blind Order Exceeds 10,000

On April 24th, the first plug-in hybrid model of Geely Galaxy L7 has been officially produced at its manufacturing base.

Geely EVs to Enter Japanese Commercial Vehicle Market

3DOM, a Yokohama-based battery startup, will launch a commercial fleet service using electric vehicles from China's Geely Auto Group, joining a growing line of services aimed at helping businesses reduce their carbon footprint.

Geely-Backed EV Brand Zeekr to Raise Prices on May 1

Zeekr, a high-end electric vehicle brand operated by Chinese auto giant Geely announced on Saturday that it will raise prices starting from May 1, 2022.

March Deliveries of Geely-Backed EV Firm Zeekr Slump to 1,795 Units

Zeekr, an all-electric vehicle brand operated by Chinese automaker Geely, announced on Friday that due to the pandemic and an ongoing shortage of computer chips, just 1,795 Zeekr 001 models were sold in March this year.

Geely Releases Photos of Emgrand L Hi • X

Chinese automobile manufacturer Geely released several photos of its new hybrid car, the Emgrand L Hi · X.

Geely Earned Over 100B Yuan in 2021, Up 10.3% YoY

Geely Auto Group released its 2021 financial report on Wednesday, showing that the listed firm achieved annual revenue of 101.6 billion yuan ($15.9 billion), a year-on-year increase of 10.3%.

Geely and Volvo-Backed Polestar O2 Concept EV Released

Polestar, an electric vehicle (EV) brand jointly backed by Geely and Volvo, launched a new concept convertible sports car called the Polestar O2.

EV Brand NIO Responds to Rumors It Will Enter Smartphone Industry

Leaks have emerged recently claiming Chinese electric vehicle firm NIO intends to enter the mobile phone industry.

Geely Sports Car Brand Lotus Plans for IPO

Lotus spokesman James Andrew said that the firm is focusing on the research and development of its electric vehicles, and is currently evaluating a possible listing.

JIDU Raises Nearly $400 Million in Series A Financing, Mass-production to Begin in 2023

Chinese tech giant Baidu's intelligent electric vehicle arm, JIDU, announced that it has closed a Series A round of financing, raising nearly $400 million.

Geely-Backed EV Firm Maple Launches First Battery-Swapping Model

A joint venture called Maple, established by automakers Geely and Lifan, released its first smart battery-swappable electric car and named it "Maple 60S." The new model is expected to officially enter the market in February, 2022.

Caocao Mobility Plans Carbon Neutral Operations in 2023, Net Zero in 2035

Caocao Mobility, the ride-hailing unit of Chinese automaker Geely Holding Group, announced on January 13 a corporate goal to achieve carbon neutrality.

Geely’s 10 Billion Yuan High-Performance Electric Drive Project Settled in Wuxi

Chinese automaker Geely signed an agreement with the Wuxi city government for the landing of its high-performance electric drive project, with a total investment of 10 billion yuan ($1.57 billion).

AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021

Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.

Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market

Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.

Mobike Co-founder Xia Yiping Confirmed as CEO for New Baidu-Geely EV Company

Chinese search engine and AI company Baidu has confirmed that Mobike co-founder Xia Yiping will be the chief executive of their new electric vehicle venture with Geely, the company said.

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