Pins matching company:"Geely Auto"

Geely Automobile Holdings submitted a non-binding offer on 7 May 2025 to buy all Zeekr shares it did not own at US$25.66 per ADS, a 13.6% premium, the first step in merging its NYSE-listed premium EV brand back into the main group.

Geely Automobile Holdings and Zeekr signed a definitive merger agreement on 15 July 2025, raising the offer to US$26.87 per ADS, payable in cash or newly issued Geely shares, with Zeekr to delist from the NYSE.

Zeekr completed its merger with Geely Automobile Holdings on 22 December 2025, becoming a wholly owned subsidiary and ending its US-listed existence, with trading in its ADSs suspended on the NYSE that day.

Geely Galaxy launched the V900, the first model in its V series and an extended-range version of the LEVC L380, in China on 20 January 2026 from RMB 269,800, with up to 1,220 km combined range.

Geely Automobile Holdings reported on 18 March 2026 that 2025 revenue rose 25% to a record RMB 345.2 billion and core profit rose 36% to RMB 14.41 billion on 3.02 million vehicles, and set a 2026 target of 3.45 million units.

Geely Galaxy launched the pure-electric Starship 7 EV compact SUV in China on 10 June 2026 at a limited-time RMB 99,800, with 525 or 605 km CLTC range on an 800-volt platform.

Geely Automobile Holdings reported first-half 2026 revenue up 15% to a record RMB 173.6 billion and core profit up 46% to RMB 9.68 billion on 17 August 2026, with exports up 158% offsetting a 22.6% fall in China sales.

Geely Automobile Holdings announced on 17 August 2026 that founder Li Shufu resigns as chairman effective 18 August and becomes honorary chairman for life, with Andy An as chairman and Jerry Gan as chief executive.

Geely Auto filed two recall plans with China's market regulator on 21 August 2026 covering 92,915 Galaxy M9 and Lynk & Co 900, 10 EM-P, 07 and 08 vehicles whose LiDAR power chip may fail, effective 24 August.

Geely Galaxy launched the TT electric sports sedan in China on 10 September 2026 at a limited-time RMB 129,900 start, 16,000 yuan below its pre-sales price, with an 800-volt platform and CLTC range up to 725 km.

Renault Geely do Brasil rolled the first locally built Geely EX5 EM-i off the line at the Ayrton Senna complex in São José dos Pinhais on 15 September 2026; the hybrid SUV had already gone on sale in Brazil as an import in April 2026, and EX2 production is due from December.

Geely Auto officially entered the Swiss market with a brand and product launch in Zurich on 16 September 2026, introducing the E5 and E2 battery-electric models and the Starray EM-i plug-in hybrid SUV.

Geely Galaxy launched the updated Galaxy E5 (EX5 overseas) in China on 23 September 2026 from RMB 107,800, adding a rear-drive 800-volt platform, 6C charging, optional LiDAR and up to 635 km CLTC range.

Geely Auto launched its Smart Charging technology in Ningbo on 23 September 2026 with a 12C Shendun Golden Battery and a fifth-generation 2,250 kW station, charging 10-70% in 4 minutes 30 seconds in real-world tests.

Geely Galaxy put its first rugged off-road SUV, the Cruiser 700, on sale in China on 10 October 2026 from RMB 189,800, with output up to 830 kW (1,113 hp) and more than 10,000 firm orders within 12 minutes.

Geely made the European debut of its Monjaro EM-i Super Hybrid D-SUV at the Paris Motor Show on 12 October 2026, with a press conference on its Hall 7.1 stand, alongside the E2, E5 and Starray EM-i; European power figures and on-sale dates were not yet announced.

Geely Automobile Holdings reported nine-month 2026 results on 29 October 2026: revenue up 13% to RMB 272.56 billion, net profit up 7% to RMB 13.93 billion and core profit up 41%, as exports offset a weak home market.