Geely Automobile produces 150000 New Energy High-end Commercial vehicles a year in Zibo

SMM: on the morning of January 13, Zichuan District of Zibo City and Geely holding Group held a contract signing ceremony for Geely New Energy Multi-functional High-end Commercial vehicle Project in Jinan. Zichuan District and Geely holding Group jointly signed an annual production of 150000 new energy medium and high-end pickup trucks, high-end off-road vehicles, urban light truck commercial vehicle project cooperation agreement. It is reported that the annual output value of the project will reach 32 billion yuan and create more than 2100 jobs.

On the same day, Geely Holdings also released full-year results, according to official data, Geely Holdings Group car sales reached 2.178 million vehicles in 2019, an increase of 1.23 per cent year-on-year.

Zibo signs an agreement with Geely Group to produce 150000 new energy high-end commercial vehicles a year

On the morning of January 13, Zichuan District of Zibo City and Geely holding Group held a contract signing ceremony for Geely New Energy Multi-functional High-end Commercial vehicle Project in Jinan. Gong Zheng, Deputy Secretary of Shandong Provincial Party Committee and Governor, Song Junji, Deputy Secretary-General and Director of General Office of Shandong Provincial Government, Huang Hongguang, Deputy Secretary-General of Provincial Government, Zhou Lianhua, Director of Provincial Development and Reform Commission, Ji Binchang, Director of Provincial Department of Industry and Information, Li Shufu, Chairman of Geely holding Group, Zhou Jianqun, President of Geely Commercial vehicle Group, Wang Zhaoxing, Vice President of Geely holding Group; Jiang Duntao, secretary of the municipal party committee, Yu Haitian, deputy secretary of the municipal party committee and mayor, Bisdong, member of the standing committee of the municipal party committee, and Tan Xiuzhong, secretary general of the municipal government, attended the signing ceremony.

Gong Zheng welcomed the guests of Geely Holdings Group and briefed the guests on Shandong's economic and social development. It is hoped that Geely Holdings Group and Zibo City will continue to deepen cooperation in the construction of the technical platform of the automobile industry, the integration and complementarity of automobile resources, and the research and development and production of new energy multi-functional high-end commercial vehicles, so as to achieve mutual benefit and win-win results. Li Shufu said that he will further strengthen cooperation with Zibo City, Shandong Province, make full use of the advantages of brand and technical resources, speed up the optimization of the automobile industry structure, and make due contributions to speeding up the transformation of new and old kinetic energy and realizing high-quality development in Zibo City, Shandong Province.

Li Shufu said that the two sides will further cooperate closely, make full use of the advantages of brand and technical resources, speed up the optimization of the automobile industry structure, and make due contributions to speeding up the transformation of new and old kinetic energy and realizing high-quality development.

At the signing ceremony, Zichuan District Government and Zhejiang Geely New Energy Commercial vehicle Group Co., Ltd. signed an annual production of 150000 new energy medium and high-end pickup trucks, high-end off-road vehicles, urban light truck commercial vehicle project cooperation agreement.

The annual output value of the project can reach 32 billion yuan and create more than 2100 jobs, which plays an important leading role in promoting the development of high-end equipment manufacturing industry in Zibo City and even the whole province.

Geely holding 2019 total sales of 2.178 million vehicles

On January 13, Geely Holdings Group announced that the total car sales of Geely holding Group in 2019 was 2.178 million vehicles, an increase of 1.23% over the same period last year.

Specifically, in 2019, Geely Automobile (including Linke) cumulative sales of 1.3616 million vehicles, exceeding the annual target, and for the third year in a row China's own brand passenger car sales list. Volvo car sales totaled 705000 units, up 9.84 percent from the same period last year, setting new sales records for six consecutive years, and the three major markets in Europe, Asia Pacific and the Americas all rose against the trend. In terms of Proton, cumulative sales exceeded 100000 vehicles, an increase of 55.7% over the same period last year, breaking through the 100000 mark for the first time since 2015 and successfully ranking second in the Malaysian car market.

In addition, in 2019, the Lutes brand also released the world's first British pure electric supercar Evija; long-range commercial vehicle sales rose 12.45% year-on-year, London electric car sales rose 97.09% year-on-year, of which TX5 has been exported to France, Germany, Norway and other countries.

Geely Holdings Group said that the group's ten-year R & D investment has exceeded 100 billion yuan. At present, Geely holding Group has built five major engineering R & D centers and five major modeling and design centers in the world. It has 20, 000 R & D and designers around the world, as well as four major global basic modules, such as PMA, BMA, CMA and CPA.

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