Author: Geely Official News

Geely Auto and LG Chem to Establish Joint Venture Company to Produce Batteries in China

New 50:50 joint venture to produce batteries in China. Joint venture to have a registered capital of 188 million USD 2019 June 13, Hangzhou Bay, China. Shanghai Maple Guorun, an indirect 99% owned subsidiary of Geely Automobile Holdings (HK.0175), the listed arm of Geely Auto, today announced a new joint venture partnership with LG Chem… Continue reading Geely Auto and LG Chem to Establish Joint Venture Company to Produce Batteries in China

Geely Auto Opens Research & Development Centre in Germany

Geely Auto to recruit 300 engineers to work on new energy solutions at Raunheim facility near Frankfurt 2019 May 16, Frankfurt/Hangzhou. Geely Auto Group (Geely Auto), China’s leading privately-owned automotive company, has formally opened a new research and development facility at Raunheim, Germany, to accelerate innovation in new propulsion systems and next-generation mobility technology. The… Continue reading Geely Auto Opens Research & Development Centre in Germany

Statement Regarding FCA Related Rumors

Recent media reports have indicated that Zhejiang Geely Holding Group (ZGH) has expressed interest in acquiring the assets of Fiat-Chrysler (FCA). Geely Holding has no plans to expand its current portfolio and has not entered into any commercial talks with the opposing party. Geely Holding is fully focused on developing its own internal innovation ability… Continue reading Statement Regarding FCA Related Rumors

Geely Holding Group Total Sales Reach 2.15 million Units in 2018

Geely portfolio of brand sales grow 18.3% in 2018 to 2.15 million units Combined Group sales doubled in 4 year period Geely Car Group sold 1.5 million units, up 20% Volvo Cars reached over 600,000 units, up 12.4% 14 January 2019, Hangzhou China. Zhejiang Geely Holding Group (Geely Holding) today announced that aggregate sales across… Continue reading Geely Holding Group Total Sales Reach 2.15 million Units in 2018

New Audi and Mercedes-Benz vehicles will hit the road loaded with HERE traffic data

“ Audi and Mercedes-Benz vehicles arriving in 2019 will be equipped with a new set of innovative features for their drivers: HERE Real-Time Traffic. Just one year ago, HERE CEO Edzard Overbeek wrote that Collaboration and partnerships Will pave the way to the Autonomous worldThat’s a brilliant directive, but when the time comes to take… Continue reading New Audi and Mercedes-Benz vehicles will hit the road loaded with HERE traffic data

Revival of PROTON underway with launch of Proton X70 SUV

Proton X70 SUV signals start of PROTON’s complete revival PROTON to benefit from Geely’s investment, technology and talent 12 December 2018, Kuala Lumpur. PROTON, the leading automotive brand in Malaysia, has launched its flagship SUV, the Proton X70, at an official launch event in Kuala Lumpur. The X70 SUV is the first vehicle released as a… Continue reading Revival of PROTON underway with launch of Proton X70 SUV