Geely (Zhejiang Geely Holding) invested subsidiary, PROTON Holdings Berhad (“PROTON”), revealed its next car model, the Proton X50 compact crossover, at a ceremony that saw the first vehicle roll off the production line at its main factory in Tanjung Malim, Malaysia.
The Saxo Bank Group, of which Zhejiang Geely Holding Group is an important shareholder, reported a net profit of DKK 529 million for the first half of 2020.
Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology company was listed in the 2020 Fortune Global 500 for the 9th consecutive year with a ranking of 243rd after its last year’s revenues reached US$47.8 billion.
The global smart JV between Geely Holding and Mercedes-Benz AG announce the establishment of ‘smart Europe GmbH’ (smart Europe) as a wholly owned subsidiary to supply, sell and service future smart vehicles in the European market. Now with a course set for a new generation of vehicles, the smart brand has also named the executive team to support Chief Executive Officer, Xiangbei Tong.
Geely Holding Group executives and subsidiary brands have won accolades at the 2020 Autocar Awards where automotive industry achievements from the past 12 months and outstanding career contributions are recognized.
Volvo Car Group, including its strategic affiliates Polestar and Lynk & Co. International, are establishing a strategic partnership with Waymo, a world leader in fully self-driving technology development.
The Company is pleased to announce that the Board has approved a preliminary proposal for the possible issue of RMB Shares and listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.
Geely Ride Hailing Service CAOCAO Mobility Reaches New Milestone of 2 Million Daily Service Requests
Geely Holding strategically invested green mobility service, CAOCAO Mobility passed its five-year anniversary in late May 2020.
Geely Holding Chairman Proposes Reforms on Chinese Automotive Taxation and Motorcycle Regulations at Annual Legislative Meetings
Li Shufu, the Chairman of Geely Holding Group, has called for automotive tax reforms and the removal of motorcycle bans in cities across China in submissions to the annual meetings of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) – known as the Two-Sessions meetings.
Geely Holding Group has successfully donated medical supplies to 14 countries where it operates to help communities and medical staff combat the COVID-19 pandemic.