Industry News

Geely's new electric vehicle company is expected to locate in Hefei

On February 25, Geely Auto is expected to land its future research and development and production base of a new pure electric vehicle company in Hefei Beicheng New District, covering a total area of more than one thousand mu.
The new company, which may be called Lingling Technologies (00 Technology in Chinese), will be independent of the traditional automotive division and will be responsible for leading the production of vehicles based on Sea's Vastness Intelligent Evolution Experience architecture, as well as the marketing of existing Lynk & Co and Geometry electric cars, according to previous leaks.
Previously, Li Shufu, Chairman of Geely Holding Group, has confirmed in his internal speech that Geely will set up a new pure electric vehicle company to actively participate in the competition in the intelligent pure electric vehicle market, which is the concrete embodiment of Geely Auto's "Blue Geely Action Plan".On February 25, Geely Auto Group CEO An Conghui said at the Geely Auto Investor Conference: Geely Auto does not rule out the spin-off of the pure electric business, and carries out sustainable research on various schemes, and will launch at an appropriate time in the future.