Geely in Partnership with China Railway Investment Co., and Tencent Officially Launches China Railway Gecent Technology

July 5, 2018 | Zhejiang Geely Holding Group

July 5th 2018, Beijing China. Zhejiang Geely Holding Group (Geely), jointly with Tencent Holdings Ltd (Tencent) and China Railway Investment Co., Ltd (CRIC), held a ceremony today to officially launch China Railway Gecent Technology Co., Ltd (Gecent). This serves as a great step towards building a WiFi service platform for the high-speed rail network in…

Geely Holding completes acquisition of shares in AB Volvo

June 28, 2018 | Zhejiang Geely Holding Group

June 28th 2018, Hangzhou China. Zhejiang Geely Holding Group (“Geely Holding”), China’s leading privately-owned automotive group, today announced the completion of its acquisition of shares in AB Volvo, the leading Swedish manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The transaction makes Geely Holding the largest holder of AB Volvo’s…

Geely Holding Makes Record £100,000 Donation to the Magical Taxi Tour Children’s Charity Event

June 13, 2018 | London Electric Vehicle Company, Zhejiang Geely Holding Group

Geely Holding, owner of the London EV Company (LEVC), has marked the 25th anniversary of the Magical Taxi Tour with a record sponsorship deal. Pledging to give £100,000 over five years from 2020 to 2024, the commitment is the largest ever received by the charity. Organised annually by the Worshipful Company of Hackney Carriage Drivers,…

Geely and Tencent Win Joint Bid for China Railway Subsidiary, Providing China’s High-Speed Rail Customers with an Integrated One-Stop Mobility Service Platform

June 7, 2018 | Zhejiang Geely Holding Group

Zhejiang Geely Holding Group and Tencent Holdings Ltd have successfully won a joint bid to obtain 49% share in the recently created High Speed Network Technology Company. Geely and Tencent will collaborate to offer an integrated one-stop mobility service platform for users. 2018 June 7, Hangzhou. Zhejiang Geely Holding Group (Geely) and Tencent  Holdings Ltd…

Geely Holding Announces Management Change at Group Lotus

June 4, 2018 | Lotus, Zhejiang Geely Holding Group

Feng Qingfeng to succeed Jean-Marc Gales as Lotus Global Chief Executive Officer Jean-Marc Gales to become Chief Strategic Advisor to Lotus Chairman 2018 June 4, Hangzhou, China. Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, today announced that Mr. Feng Qingfeng, vice president and chief technical officer of Geely Auto Group, has…

Prince Carl Philip, Thed Björk and Richard Göransson confirmed for Swedish GT in a Lotus Evora

March 28, 2018 | Geely Auto Group, Geely Group, Geely Motorsports, Lotus, Zhejiang Geely Holding Group

2018 March 28, Hangzhou/Gothenburg. Geely Group Motorsport and Cyan Racing will form Lotus Cyan Racing and field Prince Carl Philip, Thed Björk and Richard Göransson in a Lotus Evora GT4 in the 2018 Swedish GT season. Prince Carl Philip has signed to continue racing for the same team that he joined in 2012, and for…

Zhejiang Geely Holding Group launches Geely Group Motorsport

March 20, 2018 | Geely Group, Polestar, Volvo Car Group, Zhejiang Geely Holding Group

20th March 2018 Hangzhou, China. Zhejiang Geely Holding Group (ZGH) has created a new department, Geely Group Motorsport, to handle strategic alignment on motorsport activities for the brands within the group and has appointed Alexander Murdzevski Schedvin as Head of Motorsport. “We have created this group in order to take the next step forward for the…

Geely Founder Li Shufu is a new shareholder of Daimler AG

February 24, 2018 | Zhejiang Geely Holding Group

(Hangzhou / Stuttgart) Geely Group, a company owned by Li Shufu and managed by Zhejiang Geely Holding Group, has acquired a 9.7 percent stake of Daimler AG, Stuttgart through open market purchases of shares. The company made regulatory disclosures after the close of markets yesterday. “Daimler is an outstanding company with a first-class management. It…

VIA Motors International, Inc. and Zhejiang Geely New Energy Commercial Vehicle Co., Ltd. Announce Joint Venture Collaboration Agreement

January 23, 2018 | Geely Commercial Vehicle Group, Zhejiang Geely Holding Group

Joint Venture will launch a line of green logistics commercial vehicles for sale and distribution in North and Latin America. VIA Motors will co-develop a green logistics medium duty truck for Geely New Energy Commercial Vehicles (“ GCV”) in China under an exclusive arrangement which includes a technology transfer of VIA software and control systems.…