News
GWM-backed Haomo.AI closes new funding round, with Meituan as investor
GWM-backed Haomo.AI closes new funding round, with Meituan as investor

According to its plan, the company will become profitable in 2022 before it goes public in the Science and Technology Innovation board in 2023.

Feb. 22 , 2021
Geely’s Li Shufu confirms plan of building new EV company
Geely’s Li Shufu confirms plan of building new EV company

Geely will build an all-new electric vehicle (EV) company to compete head-on with other manufacturers of intelligent battery electric vehicles (BEVs), Li Shufu, chairman of Zhejiang Geely Holding Group, said on Feb. 20 in an internal letter.

Feb. 22 , 2021
Qoros Auto to roll out five new models in 2021
Qoros Auto to roll out five new models in 2021

Qoros Auto announced on Feb. 19 it will roll out five new models in 2021, including an all-new compact sedan, two REEV (range-extended electric vehicle) models and the refreshed versions of the Qoros 5S and the Qoros 7.

Feb. 20 , 2021
Geely Holding, Concordium to set up joint venture for blockchain business
Geely Holding, Concordium to set up joint venture for blockchain business

Geely Holding announced on Feb. 19 it has signed an agreement with Concordium to build a joint venture dedicated to providing business models and DApps based on blockchain platforms for clients from automotive and other industries in China.

Feb. 19 , 2021
Geely’s new CMA-based SUV KX11 named Xingyue L
Geely’s new CMA-based SUV KX11 named Xingyue L

Geely’s all-new CMA-based SUV KX11 is officially named the Xingyue L, Geely Auto announced on Feb. 18 via its WeChat account.

Feb. 19 , 2021
Geely-backed factory granted permit to manufacture commercial satellites
Geely-backed factory granted permit to manufacture commercial satellites

On Feb. 18, Taizhou Xingkong Intelligent Connectivity Technology Co.,Ltd., a satellite business operator owned by Geely Technology Group, received the approval from China’s NDRC for its commercial satellite manufacturing project.

Feb. 18 , 2021