Zhejiang Geely Holding Group launches Geely Group Motorsport

March 20, 2018 | Geely Group, Geely Motorsports, 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…

Volvo Cars and Geely Holding Invest 5 Billion RMB to Develop Polestar

October 17, 2017 | Polestar, Volvo Car Group, Zhejiang Geely Holding Group

Volvo Cars and Geely Holding jointly invest 5 billion RMB to support the initial phase of Polestar’s product, brand and industrial development. The investment will be used, among other things, to establish a state-of-the-art Polestar manufacturing facility in Chengdu, China. Polestar’s first production car, the Polestar 1, is a 600hp two-door, four-seater hybrid coupé with…