Cao Cao Mobility Raises 3.8 Billion RMB in Series B Funding
Cao Cao Mobility, a strategically invested ride-hailing service provider by Geely Technology Group, announced the completion of its Series B Funding Round which raised 3.8 billion RMB.
Cao Cao Mobility, a strategically invested ride-hailing service provider by Geely Technology Group, announced the completion of its Series B Funding Round which raised 3.8 billion RMB.
Stefan Sielaff has been appointed Vice President of Global Design at Geely Auto Group (Geely). Stefan succeeds Peter Horbury, who joins Group Lotus as Senior Vice President of Design.
Geely Auto, the largest privately-owned Chinese brand, announced their share award scheme to award top performing employees with shares from the company. Board of Directors approved issuance of 350 million shares to be distributed.
ZEEKR Intelligent Technology has signed investment partnerships with leading strategic investors including Intel Capital, CATL, Bilibili, Cathay Fortune Group, and Boyu Capital to support the continued expansion of the brand. Intel is the leading investor amongst all five partners.
Renault Group and Geely Holding Group, China’s largest privately-owned automotive group, jointly announced an MoU framework agreement to create an innovative cooperation.
Geely Holding listed in the 2021 Fortune Global 500 for the 10th consecutive year with a ranking of 239rd after its last year’s revenues reached US$47.191 billion.
Geely Holding and the Li Shufu Foundation have pledged 30 million RMB in aid to support flood relief efforts in Henan
2021 July 21st, Hangzhou/Gothenburg. Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely Holding’s stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country. The acquisition of an additional 50 per cent of the…
Volvo Cars and its parent company Geely Holding have agreed to create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier announced plans to merge these into a new, stand-alone business.
The board of directors of Zeekr Intelligent Technology has decided to explore different external financing solutions to accelerate the company’s future sustainable development.