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Geely's ride-hailing arm Cao Cao Mobility raises $590 million in latest funding round
This is the first local equity financing in China's ride-hailing industry in 2021, and is an ice-breaker after the crackdown on Didi Chuxing
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Geely posts 8,201 NEV sales in Aug, up 24% from a year earlier
Geely said the Covid-19 outbreak in some regions and a global chip supply shortage affected its deliveries in August, but retail sales were
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Smart's first concept electric SUV based on Geely SEA architecture unveiled
Smart's new car will be built at a new plant in Xi'an, China, which will have an annual capacity of about 150,000 units.
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Lotus Technology, owned by Geely and backed by NIO, appoints ex-Jefferies exec as CFO
Lotus Technology announced on August 31 that it had received an investment from NIO Capital, the venture capital arm of NIO.
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Geely's Lotus forms new firm in China and secures NIO Capital investment
Lotus announced NIO Capital, the venture capital arm of NIO, as its investor, without disclosing the exact amount of investment or the valua
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Geely to build $1.6 billion LFP battery facility in Hunan
The project's ten-year total output is expected to be RMB 70 billion, and the ten-year total output after completion of the first phase is e
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Geely's ride-hailing arm Caocao reportedly gets RMB billions in new funding
If it is true, the financing would be the first local equity financing in China's ride-hailing industry in 2021, an ice-breaking move after
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Geely's EV brand Zeekr secures investments from Intel, CATL, Bilibili
Geely's premium electric vehicle brand Zeekr entered into a share purchase agreement on August 27 with five investors, including CATL, Bilib
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Geely discloses patent for autonomous driving controls
"The invention provides a safe and comfortable method of parking for autonomous driving control," the patent abstract states.
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Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three globa
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