Geely∗ Archives - Page 2 of 9

Baidu and Geely-Backed JIDU Debuts ROBO-01 SUV Standard Version EV

JIDU, a new energy smart vehicle company with joint investment from Chinese internet giant Baidu and leading automobile maker Geely, unveiled its ROBO-01 standard version vehicle, a medium to large-sized SUV, and the new pure electric coupe ROBO-02.

Geely Subsidiary Becomes Sole Shareholder of Smartphone Firm Meizu

A subsidiary of leading Chinese automaker Geely has recently become the sole shareholder of Meizu, a Zhuhai-based smartphone company. The former shareholders of Meizu, including firm founder Jack Wong, Telling Communication Holding Co., Ltd. and other companies, have withdrawn.

Chinese Consumer Electronics Manufacturer Meizu to Build 1,000 Stores within Three Years

Meizu, a Chinese consumer electronics manufacturer, announced on December 23 that it will build 1,000 stores in the next three years, covering not only mobile phones and vehicles, but also AR glasses, tablets, watches and smart home appliances.

WM Motor to Compensate Geely $1M for Trade Secret Infringement

In 2018, Chinese automaker Geely sued its rival WM Motor on the grounds of infringing upon its trade secrets. The case has been tried many times over the last few years. The latest judgment showed that WM Motor needs to compensate Geely to the tune of 7 million yuan.

Geely-Backed Mobility Tech Firm ECARX Debuts on Nasdaq

ECARX Holdings, a Chinese automotive technology startup, listed its shares on the Nasdaq on December 21 alongside special purpose acquisition company COVA Acquisition Corp.

Geely Subsidiary Zeekr Confirms Application for U.S. Listing

Chinese vehicle manufacturer Geely Automobile announced through the Hong Kong Stock Exchange on December 13 that its subsidiary Zeekr, a premium electric car brand, has submitted a draft registration statement for a possible IPO to the US SEC on a confidential basis.

Aerial Vehicle Firm EHang Participates in EU-Funded Air Mobility Project

EHang Holdings, a leading autonomous aerial vehicle technology company based in Guangzhou, announced on November 21 its participation in a European Union-funded project called "SBAS (EGNOS) Adoption in Multicopter VTOL Aircraft" (SAMVA).

China’s Geely to License SEA Architecture for Izera EV Brand of ElectroMobility Poland

Geely, one of China's leading private automotive technology groups, announced on November 17 that it has signed an agreement to license its pure electric Sustainable Experience Architecture (SEA) to ElectroMobility Poland (EMP), an electric vehicle manufacturer backed by the Polish government.

Geely’s Zeekr Unveils M-Vision Concept Car and Autonomous Car Developed With Waymo

Geely's electric vehicle brand Zeekr announced on November 17 that its M-Vision concept car will be mass-produced in 2024. Meanwhile, a driverless car jointly developed by Zeekr and Waymo, an autonomous driving company, also officially appeared in Los Angeles.

How Are Traditional Chinese Carmakers Like Geely Outperforming NIO, XPeng and Li Auto?

Recent years have witnessed a new generation of electric vehicle companies chip away at China's auto market share, and traditional car firms are gradually conforming to the trend with the launch of their own new energy sub-brands.

Geely’s Farizon Auto Small Truck E200S Heads to Chile

Geely-owned new energy vehicle brand Farizon Auto sent a batch of E200S small trucks from Shenzhen Port to Chile on November 10. Followed by Farizon’s vehicle delivery to Costa Rica in June 2022, the shipment marks Farizon’s continuous market expansion in South America.

Geely’s Pickup Truck Brand Radar Eyes Potential IPO

Radar, a pure electric pickup truck brand owned by Geely, launched its first mass-production model, the RD6, on November 9, and said that it will enter overseas markets next year while selecting the appropriate time for an IPO.

Geely and Renault to Create Joint Powertrain Tech Firm

Geely Holding and its subsidiary Geely Auto signed a non-binding framework agreement with French automotive giant Renault Group regarding the creation of a new company to develop, manufacture and supply hybrid powertrains and highly efficient ICE powertrains.

Chinese Automaker Geely Hits EU Market

Chinese automaker Geely Auto Group entered the EU market by signing an agreement with Hungary's Grand Automotive Central Europe (GACE) on November 4.

Polestar Obtains $1.6B in Financial Support From Volvo and Geely’s Chairman

Polestar Automotive, a Swedish electric vehicle brand backed by Geely, announced on November 3 that it has received further commitments for financial and liquidity support from Volvo Cars and PSD Investment.

Zeekr to Launch SUV and Sedan, Enter Europe Next Year

Geely-owned premium electric vehicle brand Zeekr launched its second model, the Zeekr 009, on November 2. In addition, CEO An Conghui revealed that the company will launch two new cars during mid-to-late 2023, and that one is an SUV and the other is a sedan.