Geely is making strides in the electric vehicle market, and recently released a teaser for a new EV — an electric sedan. It is part of their plan to launch several vehicles underpinned by their SEA architecture.
The sleek machine promises to be an eye-catching addition to the Geely family, with its edgy design and modern features.
Geely’s upcoming mystery sedan will be taking the world by storm in 2023. Our curiosity is piqued — let’s see what they have in store.
Geely Holding Group’s extensive portfolio includes well-known brands like Volvo, Polestar, Lynk & Co, Zeekr, Proton, and Lotus. The company also has a stake in Smart and Aston Martin.
The teaser video shows off the side profile of the Geely EV, it’s overall design takes on much similarities to the Mercedes VISION EQXX and the Porsche Taycan.
Additional news
Aston Martin’s chairman has increased his stake in the company in order to ward off advances from Geely, according to a report. The move is reportedly intended to protect the luxury British car maker from a possible hostile takeover by the Chinese automotive group.
In October, Geely bought a 7.6 per cent stake of Aston Martin Lagonda for £66 million (A$118.73 million). CEO Li Shufu has expressed some interest in increasing this to 10 per cent, and with Aston Martin’s current low share prices, it could be a good time to try to make this move.
Geely’s current stake in Aston Martin is not as large as that of the Saudi Public Investment Fund (18.7 per cent) and Mercedes-Benz (9.7 per cent).
In July, the Atlas Consortium — which consists of Geely and InvestIndustrial — offered a staggering £1.3 billion (A$2.27b) injection into Aston Martin, but their proposal was instantly rejected by the British sports car maker’s board, who declared that “there is no platform for further discussion”.
Additional News
Polestar Opened a New Space On Madrid’s Renowned Golden Mile Replaces Ferrari Santogal
Swedish EV manufacturer Polestar, a brand owned by Volvo group and Geely, recently opened the second ‘space’ in Spain. Their new headquarters is known as the Polestar Space.
Polestar And Volvo The First To Access Google New HD Maps.
The Volvo EX90 and Polestar 3, both of which are underpinned by Volvo’s Scalable Product Architecture (SPA2) and utilise Google’s Android Automotive operating system.
Polestar Expects To Sell 80K EV’s in 2023! 60% YOY Growth
In 2023, Polestar anticipates worldwide production to rise by almost 60%, likely reaching 80,000 cars. This growth is expected to be driven mainly by strong sales of Polestar 2, and will be further reinforced in the latter part of the year with the first handovers of Polestar 3.
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