Tag: Geely

Geely Holding and NIO Sign Strategic Partnership Agreement on Battery Swapping Technology –

Hangzhou, China – WEBWIRE – Friday, December 1, 2023 Zhejiang Geely Holding Group (Geely), Chinas leading privately-controlled automotive technology group and NIO Holding (NIO) signed a strategic partnership agreement on battery swapping in Hangzhou. Both parties agreed to carry out comprehensive cooperation on battery standards, battery swapping technology, battery swapping network expansion and operation, swappable model development, and battery asset management. Jack LIU, CEO of Yiyi Power under Geely Holding, and Fei SHEN, Senior Vice President of NIO, signed the agreement on behalf of both parties. Eric LI, Founder and Chairman of Geely Holding, Jerry GAN, CEO of Geely Auto ... Read more

Geely Holding Deepens Commitment to Southeast Asia with New Collaborative Agreements

– Geely Holding and DRB-HICOM signs master collaboration agreement on Malaysias Automotive Hi-Tech Valley – Geelys strategically invested company, Geespace, signs heads of agreement with Malaysian telecom company Altel Tanjong Malim, Malaysia – WEBWIRE – Wednesday, October 11, 2023 Geely Holding Group (Geely Holding), Chinas largest privately held automotive group, signed a Master Collaboration Agreement (MCA) with DRB-HICOM Berhad (DRB-HICOM) outlining the next steps to be taken by the two parties in their collaboration to develop Malaysias Automotive Hi-Tech Valley (AHTV). In addition, Zhejiang Geespace Technology Co. Ltd. (Geespace) signed Heads of Agreement (HOA) with Altel Communications Sdn. Bhd. (Altel) ... Read more

Geely Holding Increases Equity Stake in Aston Martin Lagonda to circa 17%

Hangzhou, China – WEBWIRE – Friday, May 19, 2023 Zhejiang Geely Holding Group (Geely Holding), Chinas largest privately-owned automotive technology group, today announced that it has increased its shareholding in Aston Martin Lagonda Global Holdings plc (Aston Martin) to circa 17% as part of a new relationship agreement with the ultra-luxury British performance brand. Geely Holding will become the third largest shareholder in the iconic automotive company, the terms of which were announced by Aston Martin in a statement to the London Stock Exchange. The increased shareholding in Aston Martin will form part of Geely Holdings strategic investment portfolio, which ... Read more