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GEELY ELECTRIC VEHICLES

Geely Electric Vehicles strategy is centered around its Blue Geely Initiative. The plan aims to change the company’s lineup from internal-combustion engines to alternative energy which includes EVs, hybrids, and plug-in hybrids, hydrogen and metal fuel cells. Of the 90 percent of its sales which it aims to electrify by 2020, it anticipated that 65 percent would be hybrids, and 35 percent will be pure EVs. The following steps will see Geely models based on the Compact Modular Architecture it’s developing with its subsidiary Volvo. Geely partnered with go-cart company, Kandi Technologies to develop the popular Kandi Pand (K11) and Cyclone (K17). Geely own 100% in the iconic London Taxi Company. In 2017 Geely and London Taxi Company opened a 20,000 dedicated electric vehicle plant in Antsy, Coventry to manufacture extended range electric vehicle taxies and Light Commercial Vehicles.

The company competes with other industry heavyweights Chery Automobile and the GM/SAIC JV Baojun in the minicar segment. Geely’s electric vehicle assembly plant is in Hangzhou, Zhejiang Province.

Geely will bring a new EMGRAND EV and EMGRAND PHEV to market in 2017. There is also talk of the EMGRAND MINI (EMGRAND X1) as an EV.

SALES | NEWS

GEELY EV MODELS

GEELY ZD D2

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CITY EV

GEELY DORSETT GS CROSS

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PHEV

GEELY EMGRAND EV300

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Sedan EV

GEELY EMGRAND CONCEPT

GEELY DORSETT GS CROSS BEV

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SUV CROSS

GEELY EMGRAND PHEV

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GEELY X1 MINI

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GEELY EV SALES

Go to our detailed breakdown of Global EV Sales to see how the GEELY electric car strategy fares to its competitors in the fast-growing EV market.

 

GLOBAL EV SALES

GEELY ELECTRIC CARS IN THE NEWS

2017 Week 29 - Geely and Volvo to create EV tech JV

The Swedish carmaker, Volvo, and the Chinese company, Geely is fostering deeper relationships in the worlds largest market for electric vehicles. In a press release by Volvo this week it was revealed that the companies would establish a new joint venture technology company to share existing and future technologies. We have seen this cooperative trend in China for the last couple of months, which is a departure from previous JVs between international and Chinese companies. In the past international automakers were forced by law to enter into JVs with Chinee companies to be able to sell their vehicles, which lead to mostly older generation models being dished up to the Chinese consumer as the international partners tried to protect their IP.

The JV company will be owned 50/50 by Geely and Volvo with its HQ in China and a subsidiary in Gothenburg, Sweden. The Memorandum of Understanding agreed to on the 20th of July between Volvo, Geely and newly formed LYNK & CO determined that the companies will share vehicle architecture and engine technologies via cross licensing arrangements of technologies managed by the new joint venture. The IP for the technology will remain with the company that developed it, but the technology itself will be available for use by Volvo, Geely Auto, and LYNK & CO, via license agreements. Volvo Cars and Geely already share technology, most notably the Compact Modular Architecture (CMA) which is being used by Volvo Cars for its soon-to-be-announced smaller range of 40 series cars and by LYNK & CO.

Separately, it is also announced that Volvo will acquire a minority shareholding in LYNK & CO.

2017 Week 12 - Geely and London Taxi Co opens EV plant in UK

Geelys London Taxi Company this week opened a dedicated 20,000 unit per year electric vehicle plant in the UK, bringing Geely‘s investment in the company to £325 million. The plant located in Antsy, Coventry is the first all-new vehicle manufacturing facility constructed in the UK for the last 10-years. The investment by Geely, the second investment from China in the UK sector over the last two weeks, will create more than 1,000 jobs, of which 230 will be engineering jobs. A couple of weeks back Shanghai-listed Far East Smarter Energy Group announced an investment in UK-based Detroit Electric for the manufacturing of the SP:01 EV, creating 400 jobs.

The taxi EV manufactured at the plant undergoes stringent testing, including being exposed to extreme weather conditions and covers over 500,000km / 310,000 miles. The London Taxi Company‘s research and development team of around 200 people based at Antsy have been developing the company’s lightweight EV platform, which together with Volvos electric car powertrain provides the basis for an ultra low emission commercial vehicle. Volvoalso owned by Geely, providing further technical experience. The commercial launch is in the 4th quarter 2017 for the UK market and 2018 for the international market.

London Taxi Company announced further that it would manufacturer a second vehicle at its new electric vehicle manufacturing facility. The company will produce a new range-extended Light Commercial Vehicle (LCV) EV for the international market, competing with the highly successful Renault Kangoo and Nissan e-NV200. Geely will invest £30 million in research and development to bring the new LCV to market.

TOOLS TO COMPARE ELECTRIC VEHICLES

We have designed some cool tools to compare electric vehicles. Our tools include a mobile app, charging cost calculator and EV selector. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs.

EV SELECT

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Not sure which model EV to choose?

wattEV2Buy’s easy to use EV Select tool helps identify which electric vehicle is perfect for your specific requirements. EV Select compare electric vehicles battery electric range over various vehicle types. Within four clicks you can get the perfect luxury sedan able to drive your required distance on battery power.

EV CHARGING COST

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Unsure what the charging cost will be?

wattEV2Buy’s easy to use Charging Cost Calculator compare electric vehicles charging cost in your state and relate it to equivalent gasoline cost. The charging cost calculator also allows you to be specific and customize your electricity cost in kWh and provide results in miles and kilometers, making it usable all over the world.

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