Search Results for "Geely"

Geely’s first PMA-based BEV said to be produced from June, 2021
Geely’s first PMA-based BEV said to be produced from June, 2021

In May 2017, Geely Auto Group unveiled the BEV specialized PMA (Pure electric Modular Architecture) platform. Recently, a local media outlet revealed some information about the first PMA-based BEV model coded named “DC1E”.

Oct. 10 , 2019
Geely and Volvo Intend to Merge Combustion Engine Operations
Geely and Volvo Intend to Merge Combustion Engine Operations

Zhejiang Geely Holding Group and Volvo Car Group intend to merge their existing combustion engine operations in order to establish a world leading business unit that will seek to develop next generation combustion engine and hybrid systems.

Oct. 8 , 2019
Billionaire Li Shufu: Geely’s R&D expense totals nearly RMB100 billion in recent decade
Billionaire Li Shufu: Geely’s R&D expense totals nearly RMB100 billion in recent decade

Zhejiang Geely Holding Group (Geely) poured over RMB21 billion into R&D businesses in 2018, accounting for nearly 6.4% of the group’s annual sales revenue, said Li Shufu, the founder and chairman of Geely.

Sep. 23 , 2019
Geely’s SX12 SUV likely to bear nameplate “icon”
Geely’s SX12 SUV likely to bear nameplate “icon”

Recently, a set of patent images of the Geely “SX12” was released by China’s Ministry of Industry and Information Technology (MIIT), presenting an extremely similar exterior look to the Concept Icon.

Aug. 21 , 2019
Geely Automobile sees first-half net profit tumble 40%
Geely Automobile sees first-half net profit tumble 40%

Geely Automobile Holdings Limited said on August 21 its semi-annual net profit attributable to the equity holders of the company plunged 40% year on year to RMB 4,009,475,000. Besides, the first-half revenue also declined 11% to RMB47,558,617,000.

Aug. 21 , 2019
Geely Automobile sees sales in July down by 24% over prior-year
Geely Automobile sees sales in July down by 24% over prior-year

Geely Automobile Holding Limited announced on August 7 that its total sales volume (including Lynk & Co-branded vehicles) in July 2019 reached 91,375 units, a year-on-year decrease of roughly 24%.

Aug. 7 , 2019