Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

November 6, 2018 | Zhejiang Geely Holding Group

06 November 2018, Zhuhai – Zhejiang Geely Holding Group (Geely Holding) has signed a strategic framework agreement with China Aerospace Science and Industry Corporation (CASIC) to cooperate on the development of supersonic trains and related technologies. The agreement, announced at the 12th annual Zhuhai Airshow, will enable Geely Holding and CASIC to pool their capabilities…

Daimler Mobility Services and Geely Group Company form premium ride-hailing joint venture in China

October 24, 2018 | Geely Group, Zhejiang Geely Holding Group

Premium ride-hailing service will be offered in selected cities across China in 2019 The new joint venture will be headquartered in Hangzhou Fleet initially will include Mercedes-Benz Maybach, S-Class, E-Class and V-Class vehicles 24 October 2018, Stuttgart / Hangzhou – Daimler Mobility Services and Geely Group Company, Geely Holding Group’s new business entity, announced today…

Statement on FAZ Regarding Daimler AG: No intention to increase stake

September 15, 2018 | Zhejiang Geely Holding Group

Geely Group has noted media speculation in Frankfurter Allgemeine Zeitung (FAZ) concerning its alleged interest in increasing its strategic investment in Daimler AG. To avoid unnecessary speculation, Geely Holding has today issued the following statement: Geely Group has noted the speculative media report carried by Frankfurter Allgemeine Zeitung (FAZ) concerning its alleged interest in increasing…

Saxo Bank Welcomes Geely Holding Group and Sampo plc as Strategic Investors and Announces New Chairman and Board Members

September 14, 2018 | Zhejiang Geely Holding Group

2018 September 14th, Copenhagen, Denmark. Saxo Bank, the leading fintech specialist provider of multi-asset trading and investing, today announced that all the necessary regulatory approvals have been received to enable China’s Zhejiang Geely Holding Group Co. Ltd (Geely Holding Group) and Sampo plc of Finland (Sampo) to acquire shares in Saxo Bank A/S. Following the…

Zhejiang Geely Holding Group Brands Makes Royal Palace Debut at Concours of Elegance 2018

September 4, 2018 | London Electric Vehicle Company, Lotus, Zhejiang Geely Holding Group

Zhejiang Geely Holding Group brands, LEVC and Lotus, were presented at prestigious Concours of Elegance. Electric London Taxi provided VIP shuttle services at Hampton Court Palace Auto Garden Party. 2018 September 03, Hampton Court, London. Zhejiang Geely Holding Group brands, LEVC and Lotus, were presented at the prestigious Concours of Elegance car show held at Hampton Court…

Geely Holding Group and PROTON Holdings Extend Strategic Cooperation Under New Heads of Agreement Framework

August 18, 2018 | PROTON, Zhejiang Geely Holding Group

Geely Holding and PROTON Holdings to extend strategic partnership globally Chinese and Malaysian groups to focus on jointly developing new energy technologies 2018 August 18th, Hangzhou China. Zhejiang Geely Holding Group (Geely Holding), China’s largest privately owned automotive group, and PROTON Holdings Berhad (PROTON) of Malaysia have agreed terms to enable PROTON vehicles to fully…

Geely in Partnership with China Railway Investment Co., and Tencent Officially Launches China Railway Gecent Technology

July 5, 2018 | Zhejiang Geely Holding Group

July 5th 2018, Beijing China. Zhejiang Geely Holding Group (Geely), jointly with Tencent Holdings Ltd (Tencent) and China Railway Investment Co., Ltd (CRIC), held a ceremony today to officially launch China Railway Gecent Technology Co., Ltd (Gecent). This serves as a great step towards building a WiFi service platform for the high-speed rail network in…

Geely Holding completes acquisition of shares in AB Volvo

June 28, 2018 | Zhejiang Geely Holding Group

June 28th 2018, Hangzhou China. Zhejiang Geely Holding Group (“Geely Holding”), China’s leading privately-owned automotive group, today announced the completion of its acquisition of shares in AB Volvo, the leading Swedish manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The transaction makes Geely Holding the largest holder of AB Volvo’s…