China’s Geely warns Red Sea attacks to delay Europe-bound EV shipments
SHANGHAI (Reuters) – Chinese automaker Geely warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the “situation” in the Red Sea, where Yemeni…
Indonesia asks China’s Geely to help build homegrown EV by 2026
JAKARTA (Reuters) – Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior minister said on Tuesday, adding that the…
Geely truck unit, Farizon, raises $600 million in funding round
(Reuters) – China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement.…
Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report
KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news agency Bernama quoted Prime Minister Anwar Ibrahim as saying on Tuesday,. Anwar…
Geely Chair Li Shufu sells his stake in Daimler Truck
BERLIN (Reuters) – Tenaciou3 Prospect Investment has sold its entire stake in Daimler Truck, a Daimler Truck spokesperson said on Friday. “We can confirm that … investor Tenaciou3 Prospect Investment Ltd has…
China’s Geely to launch seven electrified models under new brand Galaxy
(Reuters) – China’s Geely Auto said on Thursday it aimed to launch seven electrified models under a new premium brand in the next two years. Of the seven models planned for the…
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