GEELY AUTOMOBILE HOLDINGS TO FORM JV WITH ZEEKR FOR ELECTRIC VEHICLES

Highlights –

• Geely Automobile Holdings to form JV with Zeekr for electric vehicles.
• Geely Automobile Holdings Ltd.'s profit fell 32% in 2020.
• Geely Automobile will invest 2 billion yuan jointly with parent Zhejiang Geely Holding G...

CHINA’S BAIDU AND GEELY’S MERGER TO ROLLOUT WITH SMART CARS

• Baidu will hone in with smart driving dynamics while Geely will offer design and manufacturing saliency.
• Geely is a pioneer in china’s automobile industry, and also is proprietor of Volvo and owns a stake in Mercedes-Benz owner Daimler.

The two companies...

CHENGDU MOTOR SHOW ATTRACTIVE DESTINATION TO WESTERN CHINA AUTOMOTIVE SUPREMACY

• The Chengdu Motor show was launched on July 24th amidst grand fanfare in Chengdu, the capital of Sichuan Province.
• As the first major offline spectacle in the country for auto makers, car dealers, reporters and a captivated audience to the auto show, the show was a unique desti...

SOUTH KOREA'S SSANGYONG MOTOR TRYING TO FIND POSSIBLE BUYER

HIGHLIGHTS

• Mahindra and Mahindra, the majority owner of SsangYong Motor have decided to give up its stake in the loss-making company.
• Some Chinese companies are interested in buying SsangYong Motor.
• SsangYong worked with Samsung Securities ...

GEELY AUTOMOBILE PLANS TO MERGE WITH VOLVO CARS

Highlights

• In 2019, Geely Automobile sold 1.36 million cars 
• While Volvo sold over 700,000 cars

Geely Automobile and Volvo Cars plans to merge. They further plan to list in Hong Kong along with Stockholm, possibly. It will provi...

Navigation apps are now being used to make way on China's illegal China Sea

Vietnam battled over the South China Sea on T-shirts and a movie against China's territorial claims. Its most recent frontline is telephones and vehicles.

Hanoi plans to inspect pre-installed navigation apps on Chinese smartphones like Huawei and Xiaomi in an effort not to cover Chi...