Statement Regarding Baidu and Geely Holding Cooperation

July 6, 2019

Following on from the announcement of a cooperation between Baidu and Geely Holding Group on July 3rd 2019, Reuters reports have incorrectly indicated that Geely Holding Group and Baidu will cooperate in the area of autonomous drive.  Geely Holding and Baidu’s cooperation is limited to the research and development and application of Artificial Intelligence (AI) in the automotive ecology with the goal of providing our end users with a leading experience 

Geely to Redefine the Connected Automotive Experience with Baidu

July 3, 2019 | Geely Auto Group, Zhejiang Geely Holding Group, 浙江吉利控股集团

At the “2019 Baidu Create”, Baidu’s Artificial Intelligence Development Conference, Li Shufu, Chairman of Zhejiang Geely Holding Group (Geely Holding) and Robin Li, Founder, Chairman and CEO of Baidu, announced that Geely Holding and Baidu will strategically cooperate in the fields of intelligent connectivity, smart mobility, smart home, e-commerce and in other areas related to AI technology. The two parties will jointly explore the development AI applications in the automotive ecosystem, with the long term aim of accelerating the large-scale popularization of intelligent connected vehicles in China and internationally.

Zhejiang Geely Holding Group Release 2018 Corporate Social Responsibility Report

June 17, 2019 | Zhejiang Geely Holding Group, 浙江吉利控股集团

Zhejiang Geely Holding Group (ZGH) officially released the 2018 Corporate Social Responsibility Report on June 17. This was the Group’s seventh Corporate Social Responsibility since it first began in 2012. In 2018, ZGH focused substantial attention towards the sustainable management methods and aligned the Group’s social responsibility strategy with the United Nations Sustainable Development Goals.  

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PROTON, E-CAR-X, ALTEL Establish Three Way Joint Venture to Develop ASEAN Market

June 12, 2019 | PROTON

A joined venture was signed between Proton Edar Sdn. Bhd., the sales and marketing arm of PROTON Holdings (“PROTON”), ECARX (Hubei) Technology Co. Ltd. (“ECARX”), a connectivity company invested by Zhejiang Geely Holding Group, (“ZGH”) and Altel Communications Sdn. Bhd. (“Altel”), a Malaysian-based telecommunications services provider. The three-way joint venture aims to establish a car connectivity R&D centre in Malaysia that will serve both the Malaysian market, as well as the greater ASEAN region. Shareholding of the company will be split accordingly between the three parties while key management personnel will be appointed in due course. In terms of staff, the joint venture company aims to aggressively recruit local talents.