Automobile

Geely cancels its listing on the China Science and Technology Innovation Board

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Geely Xingyue L

Geely has cancelled its plan to list on the China Science and Technology Innovation Board. ReutersAccording to reports, the Chinese automaker is listed in Hong Kong with a market capitalization of US$32.85 billion (RM136.4 billion).

A plan Geely and Volvo may merge It was announced in February last year, but no fixed timetable was given at that time.Then it was announced in July 2020 as Put asideAnd in December, it is said that Recovery around the first quarter This year’s.

In September, Geely stated in a document that it plans to raise US$3.1 billion (RM12.9 billion) through listing on the Science and Technology Innovation Board. Reuters. Recently in February, Geely and Volvo’s merger plan was cancelled, And the two companies chose to deepen cooperation in powertrain, electric vehicle architecture, joint procurement, autonomous driving technology and after-sales.

Swedish Krona 001

Geely announced Zeekr as its Quality brand of electric vehiclesAccording to reports, Geely has stated that it will seek external funding for this. Reuters. The first model of the new brand, Swedish Krona 001, Has proven to be very attractive to buyers because its distribution this year has always been Sold out in June, Launched in April.

Zeekr is the production version Lynk & Co zero concept car, It is built on Geely Sustainable Experience Architecture (SEA) Used in electric vehicles.Earlier this month, at a media briefing, Geely explained The EV architecture will consist of five different versions Cover various market segments.

This provides the basis for a wide range of models; starting from the SEA1 platform for the D (medium) to F (luxury) segment, it is the basis for Zeekr 001, and later will be added to the small for the B to D segment The SEA2 platform of the vehicle.

SEA Entry (SEA-E) will be used for budget and entry-level models, while SEA Sport (SEA-S) aims to create more sporty models. The SEA-C base will produce 3.5 to 5.5 tons of commercial vehicles, including up to Pickup trucks and buses for 12 people.



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