Geely Archives | Be Korea-savvy
Geely Invests in Renault’s Korean Unit for New Car Development

Geely Invests in Renault’s Korean Unit for New Car Development

SEOUL, May 10 (Korea Bizwire) — Renault Korea Motors said Tuesday an affiliate of China’s Geely Holding Group will invest in the company as part of their parent firms’ agreement signed early this year to develop an environment friendly vehicle. Geely Automobile Holdings, China’s largest privately-owned automotive group, will acquire a 34.02 percent stake in [...]

Korean Auto Parts Maker Joins Hands with Geely to Develop Electric Trucks

Korean Auto Parts Maker Joins Hands with Geely to Develop Electric Trucks

SEOUL, Feb. 25 (Korea Bizwire) — South Korean auto parts maker Myong Shin Inc. is set to develop electric trucks in collaboration with Chinese automobile manufacturer Geely Auto Group. The company said it held a virtual meeting with Geely New Energy Commercial Vehicle Group on Monday and signed an agreement on the basic framework of [...]

China’s Geely Electric Trucks to Join S. Korean Market Next Year

China’s Geely Electric Trucks to Join S. Korean Market Next Year

SEOUL, Nov. 26 (Korea Bizwire) — Chinese carmaker Geely will soon be joining the South Korean market for electric vehicles (EVs). China’s Geely New Energy Commercial Vehicle Group (GCV), South Korea’s POSCO International Co., and IT Engineering signed an agreement at the headquarters of GCV in Hangzhou on Monday to introduce GCV’s electric trucks in [...]