Geely and Volvo Cars to Co-operate on Technology and Sourcing Through New Joint Venture

July 20, 2017 | Geely Auto Group, LYNK & CO, Volvo Car Group, Zhejiang Geely Holding Group

Volvo Cars and Geely Auto form joint venture to cooperate on vehicle technologies and component-sourcing. Volvo Cars to take stake in LYNK & CO. 20 July 2017, Hangzhou, China. Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, has today signed a memorandum of understanding with Volvo Cars to create a new joint…

Geely Holding Make the Fortune Global 500 For the Sixth Consecutive Year

July 20, 2017 | Geely Auto Group, Volvo Car Group, Zhejiang Geely Holding Group

Geely Holding rises 67 places to 343rd in 2017 Fortune Global 500 Geely Holding listed on Fortune Global 500 for sixth consecutive years 20 July 2017, Hangzhou, China. Zhejiang Geely Holding Group (Geely Holding) rose 67 places from the previous year to become ranked 343rd in the 2017 Fortune Global 500 with 2016 revenue of US$31.4…

LEVC Unveiled as Company Presents Final Design for New Electric Taxi

July 13, 2017 | London Electric Vehicle Company, London Taxi Co., Zhejiang Geely Holding Group

Electric Taxi New product, new name and new logo signal global ambitions as London Taxi Company transforms London Taxi Company becomes LEVC – the London EV Company – to support its global vision to become the urban commercial vehicle provider of choice Ambitious commercial vehicle strategy beginning with the electric Taxi, followed by an electric LCV,…

Zhejiang Geely Holding Group Affirms Commitment to Sweden with New Geely Innovation Centre in Gothenburg

June 27, 2017 | Geely Auto Group, LYNK & CO, Zhejiang Geely Holding Group

Swedish Prime Minister and Chairman of Zhejiang Geely Holding Group witness historic signing of Letter of Intent between Geely Auto Group and the city of Gothenburg Geely Auto Group to develop 70,000 sq. metre Geely Innovation Centre in Gothenburg Planned Geely Innovation Centre to house over 3500 highly skilled staff when completed 28 June 2017,…

China’s Zhejiang Geely Holding Group Signs Final Contract with Malaysia’s DRB-HICOM

June 22, 2017 | Geely Auto Group, Lotus, PROTON, Zhejiang Geely Holding Group

Transformative acquisition gives Geely Holding a 49.9% stake in PROTON and a 51% stake in Lotus 23 June 2017, Kuala Lumpur, Malaysia. Zhejiang Geely Holding Group (“ZGH” or “Geely Holding”) announced that it has signed a final contract with DRB-HICOM Berhad (“DRB-HICOM”) of Malaysia, acquiring 49.9% shares of DRB’s PROTON and 51% shares of luxury sports…

Premier Li Keqiang and Belgium Prime Minister Charles Michel Visit Geely-Volvo Innovation Display

June 2, 2017 | Geely Auto Group, LYNK & CO, Volvo Car Group, Zhejiang Geely Holding Group

Global innovative cooperation highlights ‘Made in China 2025’ policy during Premier Li European state visit. 2 June 2017, Brussels, Belgium. During the ninth EU-China Summit, Premier Li Keqiang and the Chinese delegation visited the Geely-Volvo Innovation Display with Belgium Prime Minister Charles Michel where they were welcomed by Zhejiang Geely Holding Group’s (Geely Holding) Chairman…

Zhejiang Geely Holding Group and DRB-HICOM Reach Heads of Agreement on PROTON and Lotus

May 23, 2017 | Geely Auto Group, Lotus, PROTON, Zhejiang Geely Holding Group

Agreement paves way for Chinese automotive group to powered strategic stakes in Malaysian and UK carmakers 24 May 2017, Kuala Lumpur. Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, has reached a binding heads of agreement with DRB-HICOM Bhd (DRB) of Malaysia regarding the future of PROTON Holdings Bhd (PROTON) and Lotus…