SEOUL, Jun. 12 (Korea Bizwire) — SK Inc., the holding company of South Korea’s chip-to-battery conglomerate SK Group, said Wednesday it has partnered with China’s Geely Holding Group for cooperation in batteries and future mobility solutions. Under the strategic agreement signed Tuesday, the two companies will explore business opportunities in the eco-friendly mobility sector, including [...]
BUSAN, May 18 (Korea Bizwire) — Renault Korea Motors, the South Korean unit of Renault S.A., has said it is developing a new SUV in a joint project with a Chinese automaker initially for a domestic launch next year. Renault Korea said it will collaborate with Geely Automobile Holdings, China’s largest privately owned automotive group, [...]
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 [...]
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 [...]
SEOUL, Aug. 9 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will partner with Lynk & Co. to develop an environment friendly vehicle in the Korean market. Renault Group has announced it will form a joint venture with Geely, the Chinese owner of Volvo Cars, to [...]
SEOUL, March 18 (Korea Bizwire) – SK Holdings Co., the holding firm of the South Korean energy-to-telecom conglomerate, said Thursday it will team up with China’s Zhejiang Geely Holding Group Co. to launch a US$300 million fund that will invest in future mobility technology firms. SK Holdings and Geely will each chip in $30 million for [...]
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 [...]
SEOUL, Jun. 13 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemicals company, said Thursday it will establish an electric vehicle (EV) battery joint venture (JV) with Geely Automobile Holdings Ltd. in China in a push to tap deeper into the neighboring country’s fast-growing EV market. Under their agreement signed in Ningbo, Zhejiang province, [...]