Geely Automobile Holdings Ltd

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Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company was founded on January 1, 1973 and is headquartered in Hong Kong.

DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive hub in Malaysia.

Malaysia's DRB Hicom signs agreement with Geely on domestic auto hub

Alphabet

Nearly two years after Waymo and Geely struck a deal to develop robotaxis for the U.S. market, we are seeing concrete progress in the collaboration. According to a job post posted on LinkedIn, Zeekr, the young electric car brand started by Chinese auto giant Geely, is hiring a logistics manager in the U.S.

Waymo-Zeekr robotaxi poised for US testing by end of 2023

Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior minister said on Tuesday, adding that the automaker has agreed.

Indonesia asks China's Geely to help build homegrown EV by 2026

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XPeng

Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.

Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla

Chinese automaker Geely Holding Group on Monday unveiled a premium intelligent technology brand JI YUE, which stems from Geely's cooperation with Baidu Inc on "automotive robotics", and introduced its first model.

China's Geely unveils auto robotics brand JI YUE

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Hyliion

Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. proposes fuel economy standards for new vehicles to 58 mpg by 2032. EV company news - BYD smashes sales records in H1, 2023, selling 1.25M BEVs. Tesla Cybertruck orders surpass 1.9m, 5-year wait times. Volkswagen takes $700m stake in XPeng.

EV Company News For The Month Of July 2023

Farizon, a maker of hybrid and electric trucks owned by China's Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China.

Farizon, Geely's truck unit, raised $600M to expand outside China

China's Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely , has raised $600 million in a Series-A funding round, the company said in a statement.

Geely truck unit, Farizon, raises $600 million in funding round

Chinese car maker Geely will invest $10 billion to develop Malaysia's main auto-making hub, state news agency Bernama quoted Prime Minister Anwar Ibrahim as saying on Tuesday,.

Malaysia PM says China's Geely to invest $10 bln in domestic auto hub -report

A new joint venture between Renault and Geely will see the pair commit to internal combustion engine cars despite a growing movement to battery-powered vehicles. Hybrid, hydrogen and synthetic-fuelled car engines and transmission systems will be produced by the new company, which will be headquartered in the UK and have production sites “in three continents”.

Renault, Geely deal marks backing for synthetic, hydrogen fuels

A joint venture between French car manufacturer Renault and Chinese counterpart Geely have decided to base its headquarters in the UK. The newly formed company will employ roughly 19,000 workers across 17 engine factories and five research and development hubs, according to a statement.

Renault and Geely engine JV picks UK headquarters

Carmakers Renault and Geely have announced a joint venture to build engines for hybrid and gasoline-powered vehicles, with the partners investing a maximum of €7 billion ($7.7 billion) in total.

Renault and China's Geely will invest up to $7.7 billion to build hybrid and gas engines

Renault Group and Geely signed a joint venture agreement, with each entity holding 50% stake in the new company, which aims to become the leader in next-generation hybrid and highly efficient powertrain solutions to meet worldwide demand for the years to come.

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

Geely Automobile Holdings Ltd and Renault SA signed a joint venture (JV) to engage in the powertrain business, the Chinese automaker said on Tuesday.

Geely, Renault sign JV to engage in powertrains business

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Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV charging network. Tesla becomes number 1 for plugin electric car sales in Europe in May. EV company news - BYD announces new Fang Cheng Bao brand. Tesla Model Y is America's No. 1 selling passenger car. GAC Aion aims to sell 500,000 BEVs this year.

EV Company News For The Month Of June 2023

Swedish electric vehicle (EV) maker Polestar said on Monday it had formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China that will offer the latest smart technologies in its vehicles.

Polestar partners with Geely's Meizu to build Chinese operating system

Major Chinese automaker Geely is in the early stages of planning an entry to Thailand's electric vehicle (EV) market, including weighing models for import and local manufacturing, according to two people with knowledge of the discussions.

China's Geely in early talks to enter Thailand EV market

Li Auto Inc.

Tesla

Of 78 EV brands since Jan 2020, 12 are gone and 18 had April sales under 1,000. Only 7 brands (and 8 firms) averaged over 10,000 monthly sales Jan-Apr 2023. Battery EVs peaked at 25.2% of the market in Nov 2022 (22.1% in 2022Q4). In Apr, BEVs held 22.5% (21.4% in 23Q1). Rapid growth has ended.

China EVs: Losers Will Multiply

Geely Holding did a nice job restoring the economics for Volvo Car, and they can do the same for Aston Martin. Geely Holding is doing well with electrification, and they can help Aston Martin in this area.

Aston Martin: Impacted By Eric Li Shufu And Geely Holding

Lynk & Co, a carmaker jointly owned by China's Geely and Volvo Car , plans to open its first showroom in France by early 2024 and to expand in Europe, including Britain, its CEO and founder told Reuters.

Geely premium automaker Lynk looks to further European growth

Aston Martin jumped 14% as investors gave perhaps a slightly guarded response to the news that Chinese carmaker Geely is upping its stake to 17%. Geely has made a hefty commitment, investing £234mln in total through a combination of £95mln in new money and the purchase of a chunk of the stake held by chairman Lawrence Stroll's consortium Yew Tree.

Aston Martin up 14% as Geely makes big investment

Aston Martin Lagonda has received a shot in the arm from Chinese carmaker Geely, which is investing £234mln via £95mln of new money and buying a big chunk of major shareholder Yew Tree's stake. Already a 7.6% shareholder, Geely said its investment is designed to support Aston Martin's growth and vision to be the “world's most desirable ultra-luxury British performance brand”.

Geely doubles stake in Aston Martin with China the prize

Aston Martin's stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investment by China's Geely , that will see the automotive firm become its third-largest shareholder.

Aston Martin stock soars after $295 million Geely investment

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Ideanomics Inc

Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in five cars sold globally this year will be electric".

EV Company News For The Month Of April 2023

Geely unit London Electric Vehicle Company (LEVC) on Friday unveiled a new, large electric-vehicle (EV) platform for vehicles ranging from people-movers to commercial vans that it said could also be used by other units of the Chinese carmaker.

Geely's London black cab unit unveils new large EV platform

News for Geely Automobile Holdings Ltd Stock (GELYY)