Zhejiang Geely Holding Group

Zhejiang Geely Holding Group

Zhejiang Geely Holding Group (ZGH), is a global mobility technology group headquartered in the city of Hangzhou in south-east China's Zhejiang Province.

Zhejiang Geely Holding Group or commonly known as Geely is an Hangzhou based international automotive group. Li Shufu founded the company in 1986 as a refrigerator maker who went on to manufacture motorcycles in 1990s and cars in 2000s. Car production officially began in 2002 as Geely Auto. The company has since acquired Volvo Cars, The London Electric Vehicle Company and Terrafugia. It has 51% controlling state in Lotus Cars, 9.7% stake in Daimler AG, and 8.2% stake in Volvo Group. In 2019, It invested in private funding round for Volocopter, which raised a total of $55 million.

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Volocopter

An aerospace company that designs electric air taxis. It was founded in 2011 and is located in Bruchsal, Germany.

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Concordium; Geely
February 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- Die Schweizer Stiftung Concordium und die Geely Holding Group (Geely) haben einen Joint-Venture-Vertrag unterzeichnet. Das Joint Venture wird...
Kirsten Korosec
February 24, 2021
TechCrunch
Apple supplier Foxconn Technology Group has reached a tentative agreement with electric vehicle startup-turned-SPAC Fisker to develop and eventually manufacture an EV that will be sold in North America, Europe, China and India. Fisker and Foxconn said Wednesday that a memorandum of understanding agreement has been signed. Discussions between the two companies will continue with [...]
Yimou Lee | Reuters
January 13, 2021
@bsindia
They will each hold 50 per cent of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers
Kirsten Korosec
January 13, 2021
TechCrunch
The electric, autonomous vehicles of the future might be manufactured by Apple's main supplier Foxconn and Chinese automaker Zhejiang Geely Holding Group. The two companies have agreed to form a joint venture focused on contract manufacturing for automakers, with a specific focus on electrification, connectivity and autonomous driving technology as well as vehicles designed for [...]
Reuters
January 11, 2021
@bsindia
Chinas search engine giant Baidu said it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV)
Baidu, Inc.
January 11, 2021
www.prnewswire.com:443
/PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading Internet platform and AI company, today announced its plan to establish a...
March 2, 2020
WebWire
Barclays has today announced that it has made a £50 million fund available to help small and medium sized enterprises (SMEs) and rural businesses impacted by the recent flooding. In the immediate aftermath of Storms Ciara, Dennis and Jorge, the bank's network of relationship managers have been reaching out to hundreds of businesses in counties across the UK, letting them know that the bank stands ready to help. The team has been out in communities to talk to customers about the help they...

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