Industry dynamics

Top stories of Geely in 2023

Publishtime:1970-01-01 08:00:00 Views:45

In 2023, marked a pivotal year for Geely as it aggressively entered the plug-in hybrid electric vehicle (PHEV) market. With the release of the Geely Galaxy series, the company ventured into the 100,000 yuan to 300,000 yuan price range, achieving commendable results. The Geely Lynk & Co 08 sounded the clarion call for the brand's assault on the mid-to-high-end PHEV market. Simultaneously, in the realm of pure electric vehicles, GEOME continued to expand its presence in the new energy vehicle sector priced over 300,000 yuan.

Top stories of Geely in 2023

Photo credit: Geely

In terms of technological innovation, the joint venture between Geely and Baidu resulted in the debut delivery of the first model under the Ji Yue brand. Concurrently, a partnership with Renault led to the establishment of a joint venture.

ZXZC Automotive recently conducted a year-end review focusing on key carmakers. This article will take you through a retrospective of the significant events that unfolded for Geely in 2023.

ZEEKR's first sedan model ZEEKR 007 hits market, starting at 209,900 yuan

On December 27, the ZEEKR 007, the first sedan model under Geely's premium electric vehicle brand ZEEKR, hit the market with five trim levels offered, featuring a price range of 209,900 yuan to 299,900 yuan.

Baidu, Geely-backed Robocar brand Ji Yue names second production model 'Ji Yue 07'

Ji Yue, the automotive robot (Robocar) brand jointly backed by Geely and Baidu, announced on December 26 that its second production model is officially named "Ji Yue 07," which is set to hit the market in 2024.

ZEEKR expands highway NZP system availability to four additional cities in China

On December 25, ZEEKR, Geely's premium new energy vehicle brand, revealed the extension of its highway NZP (Navigation ZEEKR Pilot) driving assistant system to encompass the cities of Foshan, Dongguan, Zhongshan, and Zhuhai in Guangzhou Province, ensuring continued coverage across the Pearl River Delta region.

Geely Holding, Hunan provincial government ally on NEV industry cluster building, digital transition

On December 21, the People's Government of Hunan Province and Zhejiang Geely Holding Group ("Geely Holding") signed a comprehensive strategic cooperation agreement at Geely Farizon New Energy Commercial Vehicle Group ("Farizon Auto")'s manufacturing base in Xiangtan city

Geely Holding Group, China Merchants Group ally on sustainable technology advancement

On December 18, Geely Holding Group and China Merchants Group inked a strategic cooperation framework agreement in Shenzhen, aiming to establish a sustainable partnership.

This pact leverages efficient and innovative collaboration to foster resource sharing and complementary strengths between the two parties. It spans multiple domains such as the automotive supply chain, methanol industry, green shipping, smart transportation, comprehensive finance, park construction and revitalization in Northeast China, new energy vehicle promotion, industrial internet, and digital carbon management, enhancing resilience and autonomy across the industry chain.

Geely Galaxy's first BEV model 'Galaxy E8' starts at 188,000 yuan in presale

On December 16, Geely Auto officially kicked off the global presale of the Galaxy E8, the first battery electric vehicle (BEV) model under its new energy vehicle range "Galaxy".

ZEEKR launches in-house developed super-fast-charging LEP battery “Gold Brick”

On December 14, Zeekr Intelligent Technology, the company behind Geely's premium electric vehicle brand ZEEKR, officially launched its in-house developed power battery, the Gold Brick (dubbed "Jin Zhuan" in Chinese Pinyin) Battery, which the company claimed as the world's first mass-produced 800V super-fast-charging LFP battery.

Baidu Apollo, Geely co-launched enhanced CarLife mobile phone-vehicle connectivity platform

Baidu Apollo, in collaboration with Geely, recently launched the enhanced version of the CarLife smart mobile phone-to-vehicle connectivity platform, which was inaugurally deployed onto the Geely GEOME E Firefly model.

ZEEKR delivers first European-spec ZEEKR 001 vehicle

On December 11, ZEEKR, the premium electric vehicle brand under Geely Auto, announced the successful delivery of the first European-spec ZEEKR 001 car in the Netherlands, signaling the official commencement of its vehicle deliveries in Europe.

Geely-backed AEROFUGIA, HATG team up on diverse applications of eVTOL

On December 8, AEROFUGIA, a subsidiary of Geely Technology Group, and Aviation Industry Investment Co., Ltd., Gansu Province ("HATG") signed a strategic cooperation agreement in Chengdu, unlocking collaborative potential in their respective industries, according to a post in AEROFUGIA's WeChat account.

Geely Holding, DRB-HICOM to build joint venture for development of Malaysia's AHTV

On December 11, Geely Holding Group and DRB-HICOM Group signed an agreement to establish a joint venture to help Malaysia's Automobile High-Technology Valley (AHTV) boost its development.

Geely's Farizon Auto, Sinotrans join hands to promote applications of methanol in logistics field

On December 1, the strategic cooperation signing ceremony between Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto") and Sinotrans Limited, one of the largest logistics companies in China, took place in Hangzhou, heralding a collaboration to pioneer a new transportation model centered around methanol hydrogen ecology, according to Farizon Auto's press release.

NIO, Geely join hands to develop battery swapping-related businesses

On November 29, Zhejiang Geely Holding Group ("Geely Holding") and NIO Holding Ltd. ("NIO") signed a strategic cooperation agreement on battery swapping. The collaboration encompasses a broad spectrum, including battery standards, battery swapping technology, construction and operation of power swap service network, R&D and customization of battery-swap-enabled vehicle models, and battery asset management and operation.

Geely's Radar Auto launches Radar RD6 pickup model in Laos

On November 21, local time, Radar Auto, Geely's high-end new energy outdoors lifestyle vehicle brand, hosted a launch ceremony at its flagship store in Vientiane, Laos, marking the official entry of its inaugural all-electric pickup, the Radar RD6, into the Southeast Asian market.

ZEEKR files for US IPO

ZEEKR Intelligent Technology Holding Limited ("ZEEKR") made a significant move on November 10, 2023, by publicly filing its IPO (initial public offering) prospectus with the U.S. Securities and Exchange Commission. The company's intention is to list its shares on the New York Stock Exchange, with the ticker symbol "ZK."

Geely Galaxy E8 pure-electric sedan makes world premiere

On October 30, Geely's new energy vehicle range, Galaxy, unveiled its third model, the Galaxy E8 pure-electric sedan, to global audiences.

Geely, Baidu put AI-enabled ROBOCAR JiYue 01 onto market, starting at 249,900 yuan

Geely Holding Group ("Geely Holding"), China's largest privately owned automotive conglomerate, and Baidu's joint-venture automotive robocar brand, JiYue ROBOCAR, put their first AI power all-electric ROBOCAR, the ROBOCAR JiYue 01, onto the market on October 27.

Geely rolls off 50,000th mass-produced Galaxy L7 PHEV

Geely Automobile announced on October 15 via its WeChat account that its Galaxy new energy vehicle (NEV) range had rolled off the 50,000 mass-produced unit of the Galaxy L7 PHEV.

ZEEKR joins hands with BNP Paribas, Arval to provide users with diverse finance solutions

On October 12, ZEEKR, the premium electric vehicle brand under Geely Auto Group announced it has forged a comprehensive European partnership with BNP Paribas and Arval. This strategic alliance aims to provide ZEEKR users with an array of financial solutions that encompass every aspect of their mobility needs, backed by comprehensive leasing and insurance services.

ZEEKR announces foray into UAE, SA, Qatar and Bahrain

On Sept. 29, ZEEKR, a premium electric vehicle brand under Geely Auto Group, made a significant announcement regarding its expansion into the Gulf Cooperation Council (GCC) countries in the Middle East.

Geely launches cloud-native digital twin smart cockpit technology

On September 22, Geely presented its technological advancements under the theme "Cloud-Native Technology Empowering the New Intelligent Car Experience" at the 2023 World Intelligent Connected Vehicles Conference.

This innovative technology is a collaborative effort between the leading stream processing technology team from Volcano Engine and the pioneers in software-defined cars and the broader intelligent car operating system from Neusoft Reach.

ZEEKR X sets sail for Europe

On September 17, the first batch of European-spec ZEEKR X vehicles officially embarked on their overseas journey, marking the second ZEEKR-branded model to set sail for Europe following the ZEEKR 001's departure on August 25. This move signals a rapid expansion of ZEEKR's overseas presence, advancing the company's global strategy significantly.

Geely Galaxy L6 hits market, starting at 115,800 yuan

On September 16th, the Galaxy L6, the second production model under Geely's young new energy vehicle range Galaxy, hit the market with five trim levels, namely, the 60km AIR, the 60km PLUS, the 125km PLUS, the 125km MAX, and the 125km STARSHIP (the range hereby only refers to the range using battery power alone). Its prices range from 115,800 yuan to 149,800 yuan.

Geely Holding, Tianqi Lithium forge partnership in fields related to lithium battery

On September 13th, Zhejiang Geely Holding Group ("Geely Holding") and Tianqi Lithium jointly announced the signing of a strategic cooperation agreement. This partnership, built on leveraging each other's strengths, aims to explore fresh avenues of growth, fostering innovation and advancement within the realm of new energy vehicles.

Geely's 2024 GEOME G6 full-electric sedan hits market

On September 10, the 2024 model of the GEOME G6, an all-electric compact sedan under Geely's NEV (new energy vehicle)-dedicated range GEOME, hit the market, with an official price range of 119,800 yuan to 147,800 yuan. The 2024 GEOME G6 boasts a comprehensive upgrade in five major aspects, including the powertrain, interior design, and intelligent comfort configurations.

Pre-sale of ZEEKR 001, ZEEKR X commence in Germany

ZEEKR, the premium electric vehicle brand under Geely, made a significant announcement today at the IAA MOBILITY 2023, which marked the official commencement of pre-sale for its two vehicle models in Germany.

Electric pickup Radar RD6 sets sail, launching Geely Radar's global journey

On August 15th, the Radar RD6, the first production model under Geely's high-end new energy outdoors lifestyle vehicle brand Radar Auto, embarked on its maiden voyage from Tianjin Port, signaling the formal commencement of Geely Radar's global foray.

Geely, Baidu launch new automotive robot brand 'Jiyue'

In a significant milestone for the collaborative "Automotive Robot Strategic Cooperation Project" between major Chinese automaker Geely and tech giant Baidu, a new brand called "Jiyue" has been officially unveiled on August 14.

Geely Auto Group, Longquan city to co-work in NEV-dedicated thermal management industry

On August 8, Geely Auto Group signed an agreement with the government of Longquan city, a county-level city under the administration of the prefecture-level city of Lishui city, Zhejiang province, to carry out cooperation in new energy automotive thermal management, battery swapping, and automobile technology industry investment projects, according to a post on Lishui government's WeChat account.

ZEEKR joins hands with Orbis Auto to deliver ZEEKR 001, ZEEKR X in Kazakhstan

On August 7, Zeekr Intelligent Technology (referred to as "ZEEKR") formed a collaboration with Kazakhstan's Orbis Auto. The partnership entails the introduction of two ZEEKR's models, the ZEEKR 001 and ZEEKR X, into the Kazakhstani market, with pre-sales expected to begin in the fourth quarter of this year, followed by timely deliveries.

First batch of ZEEKR 001s for Europe rolls off assembly line

ZEEKR announced via its WeChat account that the first-batch ZEEKR 001s for the European market officially rolled off the production line at ZEEKR’s smart factory in Hangzhou Bay, Ningbo city on August 2. These vehicles are set to be shipped to Europe, marking the beginning of a new chapter for ZEEKR's European strategy.

Geely's Farizon Auto sees world's 1st methanol-hydrogen-powered range-extended city bus roll off line

On July 26th, Geely Xingji, an independent bus brand under Geely's Farizon New Energy Commercial Vehicle Group, saw its in-house developed methanol-hydrogen-powered range-extended city bus roll off the production line at the plant in Nanchong city, Sichuan province, the first-of-its-kind in the world, said the automaker.

Geely's AEROFUGIA to supply Sino Jet with eVTOLs

On July 26, AEROFUGIA, an electric aviation technology company under Geely Technology Group, along with the leading investor Tsinghua Holdings Capital and other participating investors, celebrated the successful completion of its first strategic round of financing, according to a post on the company's WeChat account.

Geely RADAR exports first batch of vehicles overseas

On July 25, the ceremony for the export of the first batch of Geely RADAR brand’s overseas model was held at the smart factory in Zibo city, Shandong province, the automaker announced via its WeChat account.

Geely Holding, Zhejiang Seaport team up on construction of green, smart ports

On July 13, Zhejiang Geely Holding Group and Zhejiang Seaport Group signed a strategic cooperation agreement in Hangzhou, according to a post on Geely Holding's WeChat account.

Under the agreement, both parties will work together to build a digitalized, green, and smart innovative port, and deepen their cooperation in the fields of container logistics and roll-on/roll-off logistics.

Geely Emgrand L Hi·P Champion Edition goes on sale

Geely officially put the Emgrand L HiP Champion Edition onto the market on July 13, offering two variants priced at 109,800 yuan and 122,800 yuan, respectively.

Geely, Renault to build 50/50 joint venture for R&D, production of advanced powertrains

Following the framework agreement announced in November 2022, Geely Holding Group and Geely Automobile Holdings Limited have signed a binding joint venture agreement with Renault Group in a 50:50 partnership, Geely Holding announced on July 11.

ZEEKR joins hands with Union Group to build car dealership network in Israel

On July 10, 2023, Zeekr Intelligent Technology announced the official signing of an agreement with Union Group to jointly establish an automotive distribution network in the Israeli market.

Biggest-ever ZEEKR Center in China opens for business

On July 8, the largest-ever ZEEKR Center in China officially opened its doors.

Geely's 10,000th unit of Galaxy L7 rolls off line

On July 3, the 10,000th unit of Geely's Galaxy L7, the inaugural product of the Galaxy series, rolled off the production line at the factory in Baoji city, Shaanxi province, only 33 days after the model hit the market, according to Geely Auto’s press release.

Geely's Lynk & Co announces foray into Macau market

Lynk & Co, one of the auto brands under Geely Auto Group, recently announced that it officially entered the market of Macau, China. This milestone was achieved by signing a dealership cooperation agreement with one of the largest car dealerships in Macau, Vang Iek Group, on June 29.

Geely's Aerofugia bags over 100 million yuan in first market-oriented financing round

Aerofugia, a leading Chinese electric aviation company under Geely, has successfully completed its first market-oriented financing round, raising over 100 million yuan, the company said on June 30 via its WeChat account.

Geely's ZEEKR kicks off presale of ZEEKR 001, ZEEKR X models in Europe

Starting June 28, the ZEEKR 001 coupe and the ZEEKR X SUV, both under the umbrella of Geely’s premium electric vehicle brand ZEEKR, officially opened for pre-orders in Europe, the automaker announced via its WeChat account today.

Geely Holding inks strategic framework agreement with Chongqing

On June 21, Zhejiang Geely Holding Group (Geely Holding) and the Chongqing Municipal People's Government signed a strategic framework agreement.

Geely, Linglong Tire set up joint digital lab for tire technology development

Geely Automobile Research Institute and Linglong Tire jointly announced the establishment of the "Geely Engineering Center & Linglong Technology Center TIH Laboratory" on June 13.

Geely-backed Geener to renovate auto-grade semiconductor testing, packaging base in Zhejiang province

Zhejiang Geener Microelectronics Co., Ltd. (“Geener”), a company affiliated to Geely Technology Group, recently signed an agreement with local authority of Wenling New City Economic Development Zone (“Wenling New District”), Zhejiang province for an automotive-grade semiconductor testing and packaging base project, according to a post on the WeChat account “Wenling Fabu”.

Geely's Farizon Auto launches 'GXA-T' digital architecture for new energy heavy-duty trucks

On May 30, Farizon New Energy Commercial Vehicle Group ("Farizon Auto"), as part of Zhejiang Geely Holding Group, introduced the digital intelligence architecture “GXA-T” dedicated to new energy heavy-duty trucks, and launched the “Xinghan (Chinese Pinyin)” G Series heavy-duty trucks built on the fire new architecture.

Geely Holding announces stake increase in Aston Martin

On May 18, Geely Holding Group announced that it has further strengthened its partnership with British luxury performance carmaker Aston Martin Lagonda Global Holdings (referred to as "Aston Martin"). As part of the collaboration, Geely Holding has increased its shareholding in Aston Martin to roughly 17%.

Geely's ZEEKR begins delivering power suite enabling over 1,000-km range for ZEEKR 001 WE

ZEEKR, Geely's standalone division for premium electric vehicles, has started delivering a new power suite that will offer over 1,000km of CLTC-rated range to the ZEEKR 001 WE version, the automaker announced on May 16 via its Twitter-like Weibo account.

Changan Automobile, Geely Holding forge strategic partnership

Chongqing Changan Automobile Co., Ltd. ("Changan Automobile") and Zhejiang Geely Holding Group (“Geely Holding”) signed a strategic cooperation framework agreement on May 9.

ZEEKR hits production milestone of 100,000 mass-produced vehicles

On Apr. 20, ZEEKR, the premium electric vehicle brand of Geely Auto, saw its 100,000th mass-produced vehicle roll off the production line at its smart manufacturing plant in Ningbo city, Zhejiang province.

ZEEKR, Intel to co-explore auto hardware development, intelligent in-car applications

ZEEKR Intelligent Technology, the company behind Geely's premium electric vehicle brand ZEEKR, signed a strategic cooperation memorandum of understanding (MoU) with Intel, a world's leader in semiconductor innovation, on Apr. 13, according to a post on ZEEKR's WeChat account.

Geely's ZEEKR puts ZEEKR X compact SUV onto the market

ZEEKR X, the third production model under Geely's premium electric vehicle (EV) brand ZEEKR, hit the market on Apr. 12. Coming with three trim levels, it is priced from 189,800 yuan to 209,800 yuan.

Geely's new bespoke auto brand dedicated to carsharing service named Cao Cao Auto

Geely Auto named its first carsharing-dedicated tailor-made auto brand "Cao Cao Auto", according to a post on the WeChat account of Cao Cao Mobility, the ride-hailing unit of Geely Holding. The first model under Cao Cao Auto will make its world’s debut on Mar. 29.

Geely Xingrui Computing Center inaugurated

On February 27, the Geely Xingrui Computing Center was officially inaugurated in Huzhou, Zhejiang Province, marking the launch of the largest and most complex information technology strategy project ever undertaken by Geely.

Geely Auto launches mid-to-high-end NEV sub-brand 'Galaxy'

On Feb. 23, Geely Auto wrapped off its fresh new energy vehicle (NEV) sub-brand “Galaxy”, which is targeting the mid-to-high-end vehicle market.

The Geely Galaxy includes two product series, namely, the "L" and the "E", which focuses on hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs), respectively. It will adopt a completely new brand image, Geely’s new-generation styling design, and a fire new sales and service channel ecosystem.

Geely's premium EV maker ZEEKR nabs $750 million in Series A funding

ZEEKR Intelligent Technology Co., Ltd. on Feb. 13 announced the completion of its Series A financing, which bagged for the company $750 million and raised its market valuation to $13 billion.

Geely Panda mini BEV hits market, starting at 39,900 yuan

Geely Panda mini, a fire new diminutive battery electric vehicle (BEV) model of Geely Auto, officially hit the market on Feb. 6. Coming with four trim levels, the new model is priced between 39,900 yuan and 53,900 yuan ($5,890-$7,950).

Geely-bakced AEROFUGIA sees AE200 flying car complete first flight in 2023

AEROFUGIA, the low-altitude transport solution developer backed by Geely Technology, saw its AE200 X01 flying vehicle complete a test flight on January 30.

Geely's 'Xingrui' supercomputing center goes online

On January 28, Chinese major automaker Geely saw its first one-stop cloud-based, digital, and intelligent supercomputing center, named Xingrui in Chinese, go online.

Geely-backed ZEEKR starts delivering ZEEKR 009 MPV

ZEEKR announced on Jan. 15 via its WeChat account that the delivery of the ZEEKR 009, its second production model and first MPV model, had already kicked off.

Geely Holding, Alibaba Group ally on auto industry's digital transformation

On January 12, Geely Holding and Alibaba Group signed an agreement to form an all-around strategic partnership regarding the application of digital technologies and solutions in the automotive industry. 

Geely Technology Group, GTA Semiconductor team up on auto-grade chip businesses

Geely Technology Group and GTA Semiconductor, a Chinese semiconductor chip manufacturer, signed an agreement on Jan. 12 to conduct all-around strategic cooperation on R&D, manufacturing, and market applications of automotive-grade chips, as well as talent development, according to a post on Geely Technology Group's WeChat account.

Mass-produced ZEEKR 009 rolls off production line

On Jan. 8, 2023, ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, saw the first batch of the ZEEKR 009s roll off the assembly line at its plant in Hangzhou Bay, Ningbo city, only two months after the model hit the market.