Polestar 2 production begins in Luqiao, China
March 30, 2020Production of Polestar 2 has officially begun in Luqiao, China. The new electric performance fastback is the first electric vehicle to be produced by the facility.
Geely enters satellite industry with production & testing centre
March 05, 2020Geely has started the construction of an intelligent satellite production and testing centre to facilitate in Taizhou, China, to be used for autonomous driving solutions.
Volvo and Geely considers a combined company
February 12, 2020Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies.
Coming soon to a sky near you: Volocopter
October 25, 2019Micron Ventures, the investment arm of Micron Technology Inc., has led a USD 55 million Series C investment round in urban air-mobility (UAM) pioneer Volocopter.
Volvo Cars and Geely to merge combustion engine operations
October 07, 2019Volvo Cars and Geely says they intend to merge their existing combustion engine operations into a stand-alone business that will seek to develop next generation combustion engines and hybrid powertrains.
Geely & LG Chem to set up JV to produce batteries in China
June 13, 2019Shanghai Maple Guorun, an indirect 99% owned subsidiary of Geely Automobile, the listed arm of Geely Auto, are establishing a new joint venture partnership with LG Chem of South Korea.
Volvo inks battery supply deals with CATL and LG Chem
May 15, 2019Volvo Car Group says that it has signed long-term agreements with battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium ion batteries over the coming decade.
Polestar 2 puts focus on China with manufacturing site
April 15, 2019At the Chinese debut of the Polestar 2 in Shanghai, Polestar confirmed that production of the new electric performance fastback will take place in Luqiao, Zhejiang Province, from early 2020.
Daimler & Geely form JV to make smart an all electric carmaker
March 28, 2019The German automotive group and Zhejiang Geely Holding Group are teaming up to form a 50-50 globally focused joint venture to own, operate and further develop the smart brand.
Geely team up with China aerospace firm to develop supersonic trains
November 06, 2018Zhejiang Geely Holding Group says it has signed a strategic framework agreement with China Aerospace Science and Industry Corporation (CASIC) to cooperate on the development of supersonic trains and related technologies.
Garmin's camera platform selected by Chinese auto company Geely
November 02, 2018Garmin International, Inc., a unit of Garmin Ltd., says that Geely Auto Group has selected Garmin to provide its camera technology and driving recorder systems for multiple Geely vehicle models beginning in the year 2020.
Delphi starts Chinese production of CIDD
September 27, 2018Delphi Technologies says that its facility in Suzhou, China has started fully localised production for their Combined Inverter and DC/DC Converter (CIDD) and commenced deliveries to Geely.
Smart Eye and Geely team up to make semi-autonomous cars
August 31, 2018Chinese Geely Auto Group will work with Swedish Smart Eye on the development of a new range of high-end safety systems using Smart Eye’s AI-powered driver monitoring (DMS) technology.
Geely to build new plant to make a quarter of a million cars
August 29, 2018The Chinese carmaker is reportedly building a new plant – capable of producing 250’000 bigger-sized cars – in order to reach its goal of selling more than 2 million vehicles by 2020.
Major order from Geely Auto Group for Paragon
June 07, 2018Paragon AG has received a major order from Chinese automobile and motorcycle manufacturer Geely Auto Group. The project duration will last for over seven years and will include the delivery of several million particle sensors.
Terrafugia to create 130 new US jobs
May 08, 2018Terrafugia, Inc. says that the company has created 75 new US-based jobs over the past 12 months and is on track to add at least another 50 more by the end of the year.
CEVT and Geely to bring Terrafugia to the sky
April 13, 2018CEVT AB – China Euro Vehicle Technology – Geely’s innovation and development centre in Sweden announces collaboration project with Geely’s flying car company Terrafugia Inc.
Volvo to produce Lynk & Co cars in Ghent, Belgium plant
March 26, 2018Volvo Cars will produce cars for the new car brand Lynk & Co in Volvo Cars’ manufacturing plant in Ghent, Belgium starting from late 2019.
Autoliv to develop and produce level 3 ADAS system for Geely
March 08, 2018Autoliv has, together with its software joint venture Zenuity, been selected to develop and produce the first Level 3 advanced driver assistance systems for Geely.
Geely acquires strategic stake in AB VolvoLoad more news
December 28, 2017Zhejiang Geely Holding Group has reached agreement with Cevian Capital (Cevian), an activist fund manager, to acquire its entire 8.2% share capital holding and 15.6% voting rights in AB Volvo, the Swedish manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines.