Geely Auto and BNP Paribas Financial Joint Venture Receives Second Round of Approval

August 3, 2015 | Geely Auto Group, Zhejiang Geely Holding Group

3 August 2015, Shanghai, China. Geely Automobile Holdings Limited (Referred to as ‘Geely Auto’ below) and BNP Paribas Personal Finance (Referred to as ‘BNPP PF’) are pleased to announce that their financial joint venture has received the official approval from the Chinese Government to commence business operations now. The new joint venture, named Genius Auto…

Geely Group Invests in Iceland’s Carbon Recycling International in Further Step Forward for New Energy & Methanol Vehicle Efforts

July 3, 2015 | Geely Auto Group, Zhejiang Geely Holding Group

3 July 2015, Reykjavik, Iceland. Zhejiang Geely Holding Group (Geely Group) today announced plans to investa total of US$45.5 million in Carbon Recycling International (CRI). The investment consists of an initial investment and additional purchases of CRI equity over a three-year period. Geely Group will become a major shareholder of CRI and will gain representation…

Geely Group Delivers First Batch of GC9 Sedans to Diplomatic Service Bureau

May 20, 2015 | Geely Auto Group, Zhejiang Geely Holding Group

20 March 2015, Beijing. Zhejiang Geely Holding Group (“Geely Group”) today officially delivered an initial fleet of 20 Geely GC9 sedans to China’s Diplomatic Service Bureau. The vehicles were provided as part of an agreement reached in October 2014, under which Geely Group will provide the Bureau with 50 units of its flagship sedan to serve…

Chinese Prime Minister, Li Keqiang Visited Geely Holding Group

November 19, 2014 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

Prime Minster Impressed with Geely’s Continual Investment and Improvement Li learned more about Geely post Volvo takeover 20 November 2014, Hangzhou China. Zhejiang Geely Holding Group was visited by the Chinese Prime Minister Li Keqiang on November 20th. The prime minister had previously attended a global internet forum earlier in the day which was held…

Geely Emgrand Named Official Vehicle of First APEC Senior Officials’ Meeting 2014

February 10, 2014 | Geely Auto Group, Zhejiang Geely Holding Group

11 February 2014, Ningbo. Geely Holding Group today announced that the Geely Emgrand has been nominated as the offical vehicle for the Asia-Pacific Economic Cooperation(APEC)informal leadership meeting,set to be held in Ningbo,in China’s Zhejiang province,in February 2014. Geely Auto has delivered 45 Emgrand vehicles to the organiser. The gathering, which is APEC’s first senior official meeting…

Joint Geely-Volvo R&D Centre Goes into Operation in Gothenburg

September 12, 2013 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

New Modular Architecture to be developed for both Volvo Cars and Geely Auto to lead into the future 13 September, 2013, Gothenburg, Sweden. Geely Group is excited to announce that the joint R&D Centre of Geely Auto and Volvo Cars in Gothenburg starts soft operation following the decision made in February this year. The Centre will…