Geely

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Punch Powertrain on a rapid growth track

19 September 2017

Punch Powertrain is a transmission supplier that’s creeping up on the rails of the more established suppliers such as Aisin, JATCO and ZF and is providing them with stiff competition. Since 2013 it’s achieved average annual growth of around 50% and has plans to take its capacity from 1.2 million units at the end of this year to over 3 million units by 2020. It’s headquartered at Sint-Truiden in Belgium and is a major supplier of CVTs to Chinese domestic OEMs from its manufacturing plant in Nanjing, China. 

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ANALYSIS - Why Geely should sell 1m+ cars in 2017

15 March 2017

The first of three features looking at the future models of Zhejiang Geely/Geely Auto was published recently. Now comes an examination of what's ahead for Geely Emgrand, one of the fastest expanding car brands in China right now. The final feature will concentrate on Volvo Car Corporation.

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Environment drives growth in EV sales in Asia

11 January 2016

Rising air pollution in major cities across Asia has forced local governments to impose restrictions on the sale and circulation of vehicles in recent weeks, affecting millions of motorists.

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Volvo's engine and platform independence makes progress

25 November 2015

Engines are expensive items for an automaker to develop and, after sharing some powertrains with former owner Ford, Volvo, under new Chinese owner Geely, developed its own Drive-E engine range. The engines, which are all built with a maximum capacity of two litres and four cylinders, offer lower weight, size and complexity, all resulting in lower emissions, lower fuel consumption and greater driveability.

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INTERVIEW - Geely/Volvo architecture cooperation bears fruit

18 May 2016

Peter Mertens, senior vice president, research and development, Volvo Car Group, describes the cooperative development of the new Compact Modular Architecture (CMA) with parent Geely as "good relations" though the start was a little rocky as culture and time zones took some adjusting to, on both sides.

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Q&A: Ulrika Pettersson, technical project leader for Volvo XC90

10 July 2015

As head of software development for VCC's V526 project, Ulrika Pettersson manages the input of suppliers to the new XC90's advanced infotainment system. With more variants of this big SUV still to come, her role is evolving.

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Q&A: Volvo XC90 technical boss Håkan Ivarsson on '90 Cluster' models

2 July 2015

Volvo Cars' technical director for the 90 Cluster models opens up about the development of the XC90. Plus, what's coming for two VCC architectures: SPA for medium and large vehicles, and the smaller Geely-Volvo CMA.

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INTERVIEW: Mats Fägerhag, CEO of CEVT, on future Geely-Volvo tech

24 April 2014

Mats Fägerhag, the former head of R&D for Saab, is now the CEO of China Euro Vehicle Technology AB (CEVT). This small firm's engineers are quietly creating the new CMA scalable architecture for C and B segment Geely and Volvo models.

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Autoliv wins another Geely supply contract

14 September 2017

Autoliv said it was developing an "industry leading" 77GHz high-resolution radar systems for autonomous driving for Geely.

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2017 CHENGDU SHOW - world premieres [updated with Qoros models]

30 August 2017

The following concepts and production vehicles were world debuts at CDMS 2017, the 20th Chengdu motor show. This list has now been updated with Qoros' premieres.

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Volvo Cars owner Geely books healthy first half profit

16 August 2017

Geely has promised cars on the platform developed with its Volvo Cars unit [the Compact Modular Architecture (CMA) which will underpin Volvo's smaller 40 series cars currently under development and also Lynk models] later this year and announced healthy first half profits.

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Volvo, Geely, agree technology and new brand

4 August 2017

Volvo Cars and the premium automaker's parent, Geely Holding have completed the formation of two new entities which they said would share existing and future technology and provide the economies of scale to more rapidly develop next generation electrified vehicle technology.

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Volvo Cars and Chinese parent Geely plan new joint venture

20 July 2017

Volvo Cars announced it would set up new joint venture technology company with its Chinese car group parent Geely Holding.

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Geely Holding to buy 30% stake in Saxo Bank

9 May 2017

The parent company of Chinese automaker Zhejiang Geely, which owns Sweden's Volvo Cars, plans to acquire a stake of up to 30% in privately-owned Danish investment banking group Saxo Bank.

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2017 Shanghai motor show world premieres

24 April 2017

Auto Shanghai 2017 did not disappoint, with a vast number of concept, prototype and production model world debuts. The most important vehicle premiere will probably prove to be the Wuling Hong Guang S3, this being the first SUV for the number one brand in the world's largest market.

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Geely December 2016 sales rise 101%

10 January 2017

Geely Automobile Holdings announced that the total sales volume of the group for the month of December 2016 reached another record high at 108,230 units, an increase of approximately 101% over the same period last year and up approximately 6% from November...

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Geely Automobile sales surge 99% in November 2016

8 December 2016

Geely Automobile Holdings (the “group”), announced that the total sales volume of the group for the month of November 2016 reached another record high at 102,422 units, an increase of approximately 99% over the same period last year and up...

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Geely October 2016 global sales up 94%

4 November 2016

Geely Automobile Holdings (“Geely Automobile” the “group”) announced that the total sales volume of the group for the month of October 2016 reached another record high at 96,158 units, an increase of approximately 94% over the same...

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Geely to launch new mid-tier car brand this month

18 October 2016

China’s Geely Automobile Holdings, which owns Volvo Cars, plans to launch a new global car brand later this week for a new range of products currently being developed jointly between Geely and Volvo, according to reports in China quoting group CEO Gui Shengyue.

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Geely Group September 2016 sales rise 82%

11 October 2016

Geely Automobile, announced that the total sales volume of the group for the month of September 2016 reached record high at 76,544 units, an increase of approximately 82% over the same period last year and up approximately 43% from August 2016. The...

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Land speed record project attracts Geely

28 September 2016

The Bloodhound land speed record project has announced that Chinese automaker Zhejiang Geely Holding Group (ZGH) will be its prime sponsor and ‘Official Automotive Partner’ in a 3-year agreement.

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Geely Automobile August 2016 sales climb 69%

7 September 2016

Geely Automobile Holdings Limited (Geely Automobile/the group), announced that the total sales volume of the group for the month of August 2016 was 53,638 units, an increase of approximately 69% over the same period last year and up approximately 11% from July...

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Volvo Cars and Autoliv to create joint venture for autonomous driving

6 September 2016

Geely's premium brand Volvo Cars and safety systems supplier Autoliv said they'd signed a letter of intent to set up a new jointly owned company to develop new autonomous driving software.

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Geely Automobile first half profits rise, forecast up

19 August 2016

Geely Automobile Holdings has boosted first half profit after sales in China rose.

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Beware "cultural imperialism" in China - ex-Hyundai India chief

10 August 2016

Overseas companies should be wary of establishing "cultural imperialism" in China says one prominent ex-auto CEO, as the drive to consolidating the plethora of automotive OEMs in the country looks to gather momentum.

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Wabco supplies vacuum pumps to Geely

10 August 2016

Wabco has reported details of its new multi-year supply agreement with Geely, one of China’s largest automobile manufacturers and owner of Volvo passenger cars. Extending new business with this existing customer, Wabco will supply the vast majority of vacuum pumps for Geely cars and sport-utility vehicles in the Chinese market, starting in 2019.

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Kandi Technologies secures US$45m Hainan government subsidy

9 August 2016

Kandi Technologies Group says its Kandi Electric Vehicles (Hainan) subsidiary, has reached an agreement with the Hainan Provincial Government for Kandi Hainan to receive a US$45.1m subsidy to support research and development expenditures on a new model of electric vehicle

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C-NCAP conducts first 90-degree crash test

8 August 2016

To celebrate the tenth year anniversary of the establishment of China New Car Assessment Programme (C-NCAP), Geely Auto (Geely) put forth its most recent model, the Geely Emgrand GL to undergo China’s first 90-degree direct impact crash test at the China...

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Volvo Cars reports double-digit first half growth

8 July 2016

Volvo Cars reported a solid double-digit sales increase for the first six months of the year, posting growth of 10.5% to 256,563 cars compared with the same period in 2015. Sales of the XC90 were the main growth driver globally.

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Geely to sell stake in Zhidou Electric Vehicle

28 June 2016

China’s Geely Automobile plans to cut its stake in Ninghai Zhidou Electric Vehicles Company, a manufacturer of electric city cars locate in Lanzhou, in China’s north-western Gansu province. 

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Geely raises US$400m for zero-emission London taxi

23 May 2016

China’s Zhejiang Geely Holding Group has raised US$400m through a 'green' bond issue to fund the development of a hybrid successor to the black cab at its London Taxi Company (LTC) subsidiary.

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Geely raises capital for electric London cabs

20 May 2016

Zhejiang Geely Holding Group has raised US$400m to support the development of zero-emission capable vehicles by its UK subsidiary, the London Taxi Company (LTC), maker or the iconic London Black Cab.

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Volvo Cars plans EUR500m bond issue

10 May 2016

Volvo Cars has announced it is seeking to raise EUR500m from a bond issue, its first entry into the global corporate bond markets in its 89 year history. The Geely-owned company is starting a roadshow for potential investors this week.

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Volvo Cars swings to profit in Q1

4 May 2016

Geely-owned Volvo Cars has posted Q1 earnings gains boosted by strong sales of its recently launched and high margin XC90.

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GKN supplies Volvo S90 eAxle

18 April 2016

GKN Automotive is again supplying Geely's Volvo Cars with an eAxle system for a plug-in hybrid.

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Geely and Corun launch new-energy vehicle platform

8 March 2016

Geely Automobile and Hunan Corun New Energy, a local manufacturer of lithium batteries, have launched a technology sharing platform for the development of new-energy vehicles (NEVs), including electric and hybrid-electric vehicles.

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UK Volvos more autonomous and smarter

25 February 2016

Geely's Volvo Cars' UK unit has announced updates that add new semi-autonomous and connected car features to various models across the range.

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Volvo Cars eyes 2016 sales record

18 February 2016

Geely's Volvo Cars expects record sales in 2016 for the third consecutive year, president and chief executive Håkan Samuelsson said. He also forecast operating profits would improve in 2016, due to growth in the three main sales regions of China, Europe and the US.