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Geely setting new benchmarks Share CLOSE Automated production lines at Guizhou Geely Automobile Manufacturing Co Ltd on Jan 5. [Photo provided to China Daily] Automaker utilizing automation, high-tech to make cars people want to drive Highly automated and flexible assembly lines alongside a consumer-centric strategy have enabled automaker Geely s factory in Guiyang, Guizhou province, to build a unique product portfolio and make inroads in overseas markets, according to a senior manager. The production plant s first batch of exports－a seven-seat SUV model catering to Filipinos demands for spaciousness－was exported to the Philippines in October, said Gu Jiangang, deputy general manager of Guizhou Geely Automobile Manufacturing Co Ltd. ....
China's Zhejiang Geely Holding Group said on Friday it and Foxconn are in talks to provide contract manufacturing services to electric vehicle maker Faraday Future. ....
3 Min Read (Reuters) - Chinese automaker Geely will be an anchor investor in a plan by U.S. electric vehicle firm Faraday Future to go public through a merger with a blank-check acquisition company, two people familiar with the matter said. FILE PHOTO: A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song The deal, which may be announced as early as Friday in the United States, will value Faraday at around $2.7 billion, the people said. Significant Chinese involvement could be an early policy test for U.S. President Joe Biden’s new administration, given escalating concerns in Washington over the national security implications of China’s technological ascendance. ....
Embattled startup Faraday Future will push ahead with plans to produce some of its fully electric vehicles in China by opening a plant in the country and enlisting China s Geely to provide. | February 6, 2021 ....
3 Min Read FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song BEIJING (Reuters) - China’s Baidu Inc plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely. Baidu, the leading search engine company in China, will take a majority stake and absolute voting power in the new company. The venture will revamp some of Geely’s existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and engineering know-how from Geely, sources told Reuters. ....