Geely to export 100,000-yuan car to U.S., Europe

Geely Automobile Holdings Ltd plans to begin exporting a hatchback model priced at around 100,000 yuan ($14,670) to the U.S. and Europe next year, the South China Morning Post reported.

"We don't have a detailed timetable for landing the models in the mature markets, but we've prepared well by planning the launch with vehicles that match the quality and standards of those markets," said Daniel Dai, Geely's vice-president of international business.

The four-door FC-2 was designed to meet emission and safety standards in the two markets, as well as regulations covering recyclable components.