Geely launches new energy strategy

Shanghai (Gasgoo)- China powerful automaker Geely launched the Baorui GE on May 28 in Ningbo Hangzhou Bay New Area. During the launching ceremony, Geely also launched its latest new energy strategy. It is revealed that the Baorui GE has a PHEV version and a MHEV version involving 8 variants with price range between RMB 136,800 and RMB 199,800. 

In terms of technology, Geely released new energy powertrain system, Zhiqing covering four technology routes, namely pure electric vehicle technology, hybrid vehicle technology, alternative fuel vehicle technology and hydrogen fuel battery technology.

When it comes to products, Geely aims to realize full electrification for all its products in the future. In next three years, Geely will introduce more than 30 new energy and energy-saving vehicles.

In terms of pure electric vehicle technology, Geely had developed its own technologies of battery, electric motor and electronic control. The all-new Emgrand EV450 launched this year has a range of 450km. By 2020, the model's range is expected to be increased to 500km. In R&D sector, Geely had built a new-gen pure electric module architecture, whose stability has been strongly proved by several millions of miles operated by Caocao Zhuanche. 

Geely has three kinds of hybrid vehicle technologies, including mild hybrid electric vehicle (MHEV), hybrid electric vehicle (HEV) and plug-in hybrid electric vehicle (PHEV). Specifically, MHEV has secured fuel-saving rate of 15%, and plans to increase the rate to 25% by 2020. Based on Geely's self-developed P2.5 architecture, the PHEV technology realizes transmission efficiency of 97%. In the future, the architecture will see 30% power improvement and 50% fuel saving rate.

In alternative fuel vehicle sector, Geely has been striving to research and develop for 12 years in a row in methanol fuel vehicle. By far, the automaker has finished the development of four methanol powertrains and 14 methanol fuel sedans, as well as   obtained nearly 100 relevant patents. In addition, Geely is expected to release the mass-produced hydrogen fuel cell vehicles by 2025.

Geely showed its ambitions and deployment in new energy sector during the launching ceremony. An Conghui, president of Zhejiang Geely Holding Group and CEO of Geely Auto Group stated that Geely targets to be the leader in new energy conservation technology area in China.