Renault Group and Geely Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company

July 11, 2023 | Geely Automobile Holdings Limited, Zhejiang Geely Holding Group

Following the framework agreement announced in November 2022, Geely Holding Group, Geely Automobile Holdings Limited and Renault Group have signed today a binding 50/50 joint venture agreement to launch a new powertrain technology company that aims to become the global leader in developing, manufacturing, and supplying best-in-class hybrid powertrains and highly efficient ICE powertrain.

Geely Holding Marks Passing of Peter Horbury

July 3, 2023

Geely Holding, China’s leading privately-owned automotive group, announces with profound sadness the passing of Peter Horbury, former Executive Vice President of Design for Geely Holding Group.

Geely Holding Increases Equity Stake in Aston Martin Lagonda to circa 17%

May 18, 2023

Zhejiang Geely Holding Group, China’s largest privately-owned automotive technology group, today announced that it has increased its shareholding in Aston Martin Lagonda Global Holdings plc to circa 17% as part of a new relationship agreement with the ultra-luxury British performance brand.