Search Results for "Geely"

Geely becomes controlling shareholder of AB Volvo
Geely becomes controlling shareholder of AB Volvo

Geely will acquire Cevian’s 8.2 percent stake in AB Volvo. After the deal, Geely will be the controlling shareholder of AB Volvo and has 15.6 percent voting rights.

Dec. 27 , 2017
Geely SX11 plug-in hybrid spied
Geely SX11 plug-in hybrid spied

Codenamed the Geely SX11, Geely's new SUV had been spied on roads before. Recently, it can be learned from the latest spy shots that the new model will have a plug-in hybrid variant.

Dec. 26 , 2017
Geely reported to be proceeding with Benz stake acquisition
Geely reported to be proceeding with Benz stake acquisition

Geely Automotive has started the process to acquire a certain stake of Mercedes-Benz, according to a report of China Central Television (CCTV) Business Channel. But the amount hasn’t been specified.

Dec. 14 , 2017
Geely, Belarus’s CKD assembly plant opens
Geely, Belarus’s CKD assembly plant opens

On Nov. 17, Geely Automobile (Belarus) Co., Ltd., the first automotive joint venture between China and Belarus, held an inauguration ceremony for its CKD assembly plant as well as an off-line ceremony for its first mass produced model.

Nov. 20 , 2017
Geely’s first flying car will cost RMB 3 million
Geely’s first flying car will cost RMB 3 million

Geely announced that it has completed the acquisition of American flying-car startup Terrafugia. According to the statement, Geely will acquire Terrafugia’s all businesses and assets and the deal has been approved by relevant regulatory authorities.

Nov. 14 , 2017
Geely releases Lynk&Co’s product plan and will launch flying cars
Geely releases Lynk&Co’s product plan and will launch flying cars

Volvo is the first automaker who proposes to mass produce the autonomous cars in 2020.Volvo and Uber will release 10,000 autonomous cars next year

Nov. 13 , 2017