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Geely

Geely

An automobile manufacturer in China that focuses on development, manufacturing, and sales of passenger vehicles.

Zhejiang Geely Holding Group Co., Ltd. is an automobile manufacturer in China that focuses on development, manufacturing, and sales of passenger vehicles. Founded 1986 in Hangzhou, Zhejiang, China, it invests in private equity rounds, series A, series C, funding rounds and second markets. Its portfolio companies include Volocopter, Prism Entertainment, Daimler, Caocao Chuxing, PROTON Holdings, Saxo Bank, and Zhidou. As of February 2020, Zhejiang Geely Holding Group has made seven investments. Their most recent investment was on September 9, 2019, when Volocopter raised €50M. Zhejiang Geely Holding Group has had 1 exit, which was Daimler.

On the first logo of one of the largest Chinese automobile companies was located white wing on the blue background, concluded in a circle. The visual icon also resembles a snowy peak. This was due to the fact that the headquarters of the enterprise was in close proximity to the mountains. The new trademark resembles the solid Emgrand enterprise badge, which depicts the radiator grillee, but in blue and silver colors.

Timeline

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Further Resources

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News

Title
Author
Date
Publisher
Description
Vicky Ge Huang
April 8, 2021
Business Insider
Jefferies lists 15 stocks expected to gain from China's accelerated EV race driven by favorable policies, tech collaboration, and consumer adoption.
Luna Sun
January 12, 2021
TechNode
Baidu announced Monday that it will partner with automaker Geely to make smart EVs, expanding its push into a booming industry.
BBC News
January 11, 2021
BBC News
The search engine giant and carmaker will go up against Tesla and other homegrown competitors.
January 8, 2021
The Economic Times
China's Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely.
Reuters Editorial
February 21, 2020
U.S.
Chinese automaker Geely [GEELY.UL] has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid to drum up sales as the coronavirus outbreak prompts buyers to stay away from showrooms.
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