Geelys

Less than a year after its launch in China, Geely’s sub-brand Galaxy has begun selling its first all-electric model – the E8. Starting at a price below $25,000, the Galaxy E8 sedan looks extra sleek, and it touts some more than adequate EV technology, arriving as a genuine contender in an ultra-competitive Chinese market. You may not have heard of Galaxy yet, but if you’re an avid reader on Electrek, chances are you’ve heard of its parent company – Zhejiang Geely Holding Group, or Geely for short.…

Traditional carmakers have come under pressure from Chinese EV makers offering lower prices and smart consumer-facing technologies.Swedish electric vehicle (EV) maker Polestar said on Monday it had formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China that will offer the latest smart technologies in its vehicles.The venture represents a further push by the Geely group to adapt cars specifically for Chinese consumers. Meizu…

Geely unit London Electric Vehicle Company (LEVC) on Friday unveiled a new, large electric-vehicle (EV) platform for vehicles ranging from people-movers to commercial vans that it said could also be used by other units of the Chinese carmaker. LEVC said the platform, dubbed Space Oriented Architecture (SOA), had been jointly developed over the last two-and-a-half years in China, Sweden, the United Kingdom and Germany, would provide EVs with longer range, fast-charging capabilities and advanced driver-assistance features.…

Geely‘s Volvo Cars has named Johan Ekdahl as chief financial officer, effective 1 September, 2022. He has been acting CFO since last June when he succeeded Bjorn Annwall who took up a new position as chief commercial officer & Deputy CEO. Johan joined Volvo Cars in 2015 and has led global accounting and group reporting in the company since 2017. “ is a strong leader who combines financial expertise with in depth…

Volvo Cars reports strong sales of its Recharge line. Geely‘s Volvo Cars reported “steady earnings” for the second quarter of 2022 “in the face of ongoing uncertainties in global trade, increasing raw material prices, and supply chain constraints arising out of recent pandemic lockdowns in China”. Retail sales fell 27% year on year to 143,006 cars while revenue was off 2% to SEK 713 billion and was “less…