Zhejiang Geely Holding Group ( Geely) and its wholly owned subsidiary Volvo Car Group (Volvo) intend to merge their existing combustion engine operations in order to establish a world leading business unit that will seek to develop next generation combustion engine and hybrid systems.
Geely Group Motorsport has opened the order books for the Lynk & Co 03 TCR race cars for deliveries in Q1 of 2020.
At the World Intelligent Connected Vehicle Conference held in Jiading, Shanghai, Geely Auto Group (Geely) was awarded its Autonomous Vehicle Test Drive license, allowing Geely to test autonomous drive vehicles on public roads in the Yangtze Delta River region as part of an intelligent connected vehicle (ICV) test pilot program.
Today, Volocopter, the Urban Air Mobility pioneer, announced that it signed the first closing of its Series C funding round, which is being led by Zhejiang Geely Holding Group (Geely Holding). The new funds will be used towards bringing the VoloCity aircraft to commercial launch within the next three years.
Geely Automobile Holdings Limited (Group) (HK.0175), a Hong Kong-listed subsidiary of Zhejiang Geely Holding Group, released its interim results for the first half of 2019.
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Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, today announced that Hans Oscarsson, former Chief Financial Officer of Volvo Cars, has assumed his new role as Chief Executive Officer of Geely Sweden Holdings AB (GSHAB).
Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology company, rose 47 places in the 2019 Fortune Global 500 to 220th after its last year’s revenues reached US$49.665 billion.
The world’s first pure electric British hypercar, Evija was unveiled by Lotus in London. Evija is the first new product launched by Lotus after joining Zhejiang Geely Holding Group. It represents Lotus’s innovative capabilities, engineering heritage, and new design language.
Following on from the announcement of a cooperation between Baidu and Geely Holding Group on July 3rd 2019, Reuters reports have incorrectly indicated that Geely Holding Group and Baidu will cooperate in the area of autonomous drive. Geely Holding and Baidu’s cooperation is limited to the research and development and application of Artificial Intelligence (AI) in the automotive ecology with the goal of providing our end users with a leading experience
At the “2019 Baidu Create”, Baidu’s Artificial Intelligence Development Conference, Eric Li, Chairman of Zhejiang Geely Holding Group (Geely Holding) and Robin Li, Founder, Chairman and CEO of Baidu, announced that Geely Holding and Baidu will strategically cooperate in the fields of intelligent connectivity, smart mobility, smart home, e-commerce and in other areas related to AI technology. The two parties will jointly explore the development AI applications in the automotive ecosystem, with the long term aim of accelerating the large-scale popularization of intelligent connected vehicles in China and internationally.
