Geely

As a major endorsement of the NIO-led battery swap model, Geely Technology Group announced its battery swap model for the first time at a press conference in Chongqing today, and plans to complete construction of 35 battery swap stations in the city this year.

Geely's high-end electric car maker Polestar plans to expand its stores in the country while preparing to launch a model to compete with Tesla's domestic Model 3, according to Reuters.

Chinese automaker Geely recently released two pure electric models, the Emgrand GSe and Emgrand EV, which sells only to Beijing consumers, and owners who buy them can get stock incentives.

Chinese automaker Geely is involved in many fields, including satellites, aviation equipment, etc., and the latest news shows that Geely is about to enter the "rocket" field.

In China, new car buyers may get their new car keys from drones, rather than human workers -- at least this is a new policy of Geely.

Recently, Geely Automobile Research Institute released Document No. 2 of 2020, officially announcing the overall plan and phased goals of the "All-round Healthy Car" project.

The lower sales were mainly due to the disruption caused by the recent outbreak of the COVID-19 in China, the company explained.

Geely Holding Group announced today that Geely is entering the commercial satellite field, and the country's first private enterprise satellite intelligent AIT center was settled in Taizhou, Zhejiang.

In response to previous reports that Geely will invest 300 million US dollars in Nio, Nio chairman and CEO Li Bin today denied the rumor.

Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve its strategic layout, 21st Century Business Herald quoted people familiar with the matter as saying.