- Geely invests US$50 million in tech company ECARX
Under the agreement, Geely will invest about US$50 million for the tech company’s 1.51% stake via leading ECARX’s B funding round.
Sept. 08 , 2021
- Former Geely executive joins Xiaomi-backed capital firm, likely to lead vehicle business
The Beijing-based venture capital company Shunwei Capital recently updated its management team portfolio on its official website. The update showed that the former executive Hu Zhengnan joined Shunwei...
Sept. 07 , 2021
- Geely Auto August sales down 22% YoY
Its year-to-date sales grew by 9% from a year ago to 817,860 vehicles, just completing 53.5% of its annual sales target (1.53 million).
Sept. 07 , 2021
- Geely-backed Cao Cao Mobility raises 3.8 billion yuan in Series B financing
Cao Cao Mobility, a ride-hailing platform strategically invested by Geely Technology Group, announced earlier this week it has closed the Series B funding with 3.8 billion yuan ($588.609 million) rais...
Sept. 07 , 2021
- Geely has already put 27,000 methanol-powered PVs on roads
Chinese automaker Geely has to-day deployed 27,000 methanol-powered passenger vehicles (PVs), which have run for 8 billion kilometers in total, said Li Shufu, Chairman of Zhejiang Geely Holding Group.
Sept. 06 , 2021
- Geely’s ZEEKR launches EV charging sub-brand ‘ZEEKR Power’
Geely's premium EV brand ZEEKR announced the launch of its EV charging sub-brand “ZEEKR Power” at the Chengdu Motor Show 2021.
Aug. 30 , 2021
- Geely's EV brand ZEEKR to raise $500 million from five external investors
ZEEKR Intelligent Technology signed an agreement on August 27 to issue and allot to five investors a total of 126,470,585 Series Pre-A Preferred Shares, at a consideration of $500 million.
Aug. 27 , 2021
- Gasgoo Daily: China's PV retail sales likely to drop 9% YoY in August
With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Aug. 19 , 2021
