In the frigid northern Chinese province of Heilongjiang, Geely brought the world’s first methanol hybrid sedan to test its performance in sub -40 degrees C Arctic conditions.
Renault Group and Geely Holding Group (Geely Group), China’s largest privately-owned automotive group, have signed an agreement to launch a new collaboration dedicated to bringing fuel-efficient Hybrid Electric Vehicles (HEV) and Internal Combustion Engine (ICE) models to the South Korean market as well as for export sales. The new vehicles will be produced at the Renault-Samsung facility in Busan, South Korea, with production forecast to begin in 2024.
Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales across its automotive brands – Geely Auto, Geometry, LYNK & CO, Zeekr, Volvo Cars, PROTON, Lotus, LEVC, and Farizon Commercial Vehicle – grew 5% year-on-year to exceed 2.2 million units in 2021, a new record for the Group. For the fourth consecutive year, Geely Holding recorded more than 2 million units in aggregate sales.
Zhejiang Geely Holding Group (Geely Holding) has joined the United Nations Global Compact (UNGC) as a participant as of January 6, 2022. As a signatory and participant in the UNGC initiative, Geely Holding has committed itself to upholding the ten principles of the Compact covering human rights, labour, the environment, and anti-corruption as well as contributing to the 17 UN Sustainable Development Goals in its strategies and operations.
Lynk & Co, the global automotive brand jointly formed by Geely Auto Group and Volvo Cars has partnered with Al Zayani Group for its launch in Kuwait. Born global, Lynk & Co continues to grow its global presence with plans to establish Lynk & Co clubs in the Gulf markets starting with Kuwait.
Thirty-five years ago, a young hopeful entrepreneur with a vision that free enterprise and market-based solutions could drive the sustainable development of society started a company in a village warehouse. Today, the company Eric Li founded, Geely, has evolved from a small village workshop to a Fortune Global 500 automotive and mobility technology solutions provider in a 35 year period.
Geely Auto Group announced its “Smart Geely 2025” strategy that will continue to keep Geely Auto Group at the forefront of the global automotive industry.
Geely Holding Welcomes New Investors in Volvo Cars and Reaffirms Long-Term Shareholding in Iconic Swedish Automaker
Zhejiang Geely Holding Group welcomed new equity investors to Volvo Cars following the completion of an initial public offering on the Nasdaq Stockholm exchange valuing the Swedish premium automotive group at SEK 158 billion.
The most anticipated electric vehicle of the year has entered into production. The first production-ready ZEEKR 001 rolled off the production line earlier today at a special ceremony in Zeekr’s Intelligent Factory in Ningbo, China.