China’s Nio Teams up with Geely on Auto Battery Swapping
Chinese automakers Nio (9866.HK) and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development. The deal makes Geely, whose brands…
Li Auto, Guangzhou And Geely Trump Legacy Automakers In China EV Market
In a significant shift in China’s electric vehicle (EV) market, traditional automakers are being outpaced by local EV manufacturers, The Wall Street Journal reports. Traditional automakers are also feeling the pressure to adapt their strategies to the burgeoning EV market. Approximately one…
Farasis And Geely Establish JV For Geely Batteries
In China, the US battery manufacturer Farasis is establishing a joint venture with the Geely automotive group for the research and development as well as production and sale of lithium-ion batteries for electric vehicles and other applications. Farasis is already…
Baidu And Geely Plan $7.7 Billion Smart Car Push
Jidu Auto, a joint venture between Chinese giants Baidu Inc. and Zhejiang Geely Holding Group, aims to spend 50 billion yuan ($7.7 billion) over the next five years on developing smart-car technology. The company intends to hire between 2,500 and…
China’s Geely To Add $5 Billion Battery Plant In EV Push
Geely said it would build an electric vehicle battery factory with a planned annual manufacturing capacity of 42 gigawatt hours (GWh) in China’s eastern city of Ganzhou, as it expands its EV line-up in the world’s biggest car market. The…
Geely And Foxconn Form Partnership To Build Cars For Other Automakers
Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV)…
Geely’s Zero EV Project Is Already A Prototype: 435-Mile Range, Deliveries In 2021
The timeline may have just been stepped up for a next-level, dedicated electric vehicle platform for Volvo, Polestar, Lynk & Co., and other Geely Auto Group brand vehicles. The Zero Concept, which marked the debut of a future dedicated electric…
