23. Jul 2019Daimler welcomes investment by BAIC Group

July 23, 2019 – Daimler welcomes investment by BAIC Group Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “We are very pleased that our long-standing partner BAIC is now a long-term investor in Daimler.” Daimler and BAIC are linked in a long-term partnership Daimler has been shareholder… Continue reading 23. Jul 2019Daimler welcomes investment by BAIC Group

Alliance Ventures | Jun 10th 2019RENAULT AND NISSAN OPEN THE NEW ALLIANCE INNOVATION LAB TEL AVIV Read more

– The new lab features a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority (IIA). – The facility is focused on developing sensors for autonomous driving, cyber security, and big data, complementing the other joint alliance innovation labs in Silicon Valley (USA) and Shanghai (China). – The… Continue reading Alliance Ventures | Jun 10th 2019RENAULT AND NISSAN OPEN THE NEW ALLIANCE INNOVATION LAB TEL AVIV Read more

Geely Automobile Holdings Sales Volume For May 2019 Was 90,309 Units

11 June 2019, Hong Kong. Geely Automobile Holdings Limited (Group)  announced that the total sales volume of the Group (including the sales volume of LYNK & CO branded vehicles sold by the Group’s 50% owned joint venture) for the month of May 2019 was 90,309 units, a decrease of approximately 27% from the same period… Continue reading Geely Automobile Holdings Sales Volume For May 2019 Was 90,309 Units

Geely Auto New Flagship CMA-based Coupe SUV Launched

Geely Auto’s first model based on Compact Modular Architecture (CMA), Xing Yue launched The world’s first Coupe SUV with PHEV option Comes with three powertrain options; traditional ICE, mild hybrid, and plug-in hybrid PHEV version comes in two battery options with pure electric range of 56km and 80km High performance 2.0T available with a record… Continue reading Geely Auto New Flagship CMA-based Coupe SUV Launched

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