Geely EV Strategy and Restructuring
Covers Geely's strategic moves related to its electric vehicle brands, including mergers, acquisitions, privatizations, and integration of R&D and supply chain resources.
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Geely Acquires Stake in Ford's Spanish Plant to Accelerate European EV Expansion
Geely has invested €221 million to acquire a 34% stake in Ford’s underutilized Valencia plant, adopting an asset-light strategy to enter the European EV market. The move signals a shift toward 'reverse joint ventures,' where Chinese automakers leverage existing Western manufacturing capacity instead of building new factories.
Galaxy Warship 700 Officially Unveiled
Geely's new Galaxy Warship 700, a box-style rugged luxury SUV with an 830kW triple-motor plug-in hybrid system, makes its global debut on July 24 ahead of an overseas tour starting in Milan.
Geely Galaxy TT Ultra Sells Out in 27 Minutes During Pre-sale
The Geely Galaxy TT Ultra, priced at RMB 209,800, sold out all 999 pre-sale units in just 27 minutes thanks to its 3.8-second 0–100 km/h acceleration, 800V ultra-fast charging platform, and premium sporty features. The limited-run performance EV has ignited demand in the RMB 200,000 segment.
Lynk & Co 07 GT Launched, Starting at RMB 145,800
Lynk & Co enters the premium wagon segment with the 07 GT, offering cutting-edge MRC suspension, up to 1,422 km of combined range, and aggressive pricing from RMB 145,800. Targeting both families and driving enthusiasts, it sets new benchmarks in safety and performance.
Geely and Ford Form Joint Venture to Enter European Market
Geely acquires 34% stake in Ford’s Valencia plant for €221 million, forming a strategic JV to produce five new models—including EVs—starting in 2028. The move revitalizes underutilized capacity and shifts Geely’s European sales from exports to local production.
Lynk & Co 07 GT Launches with Starting Price of RMB 157,800
The Lynk & Co 07 GT has launched in China as a mid-size intelligent electric-hybrid shooting brake coupe, priced from RMB 157,800 (promo from RMB 145,800). Featuring lidar on higher trims and 614L trunk space, it targets young families. The model may also play a key role in Geely’s new European manufacturing strategy, with a plant set to open in Spain.
Lynk & Co 07 GT Launches, Starting at RMB 145,800 to Enter the Wagon Market
Lynk & Co has launched its first plug-in hybrid wagon, the 07 GT, priced from RMB 145,800. Featuring 530 horsepower, over 200 km of electric range, and a 1,420 km combined range, the model aims to revitalize the 07 series amid strong pre-order demand and growing interest in shooting brake EVs.
Geely and Ford Form Joint Venture to Build EV Plant in Europe
Geely and Ford have signed a deal to co-develop an EV production base at Ford’s Almussafes plant in Spain. Geely will invest €221M for a 34% stake, with production starting in 2027 and first EVs launching in 2028—helping Geely bypass EU tariffs on Chinese-made electric vehicles.
Geely Galaxy TT Ultra Sells Out in 27 Minutes During Pre-sale
The Geely Galaxy TT Ultra, a premium electric coupe with 3.8-second 0-100 km/h acceleration and an 800V architecture, sold out its entire 999-unit pre-sale batch in just 27 minutes. Strong demand has prompted a second sales round.
Geely Galaxy TT Ultra and BAIC Taitan 700 Launch Pre-sales Simultaneously
On July 21, Geely and BAIC simultaneously opened pre-sales for their new premium EVs—the all-electric Galaxy TT Ultra sedan and the rugged off-road Taitan 700 SUV—targeting distinct high-end segments with advanced tech and luxury features.
Geely Unveils 16-in-1 Intelligent Electric Drive System
Geely Galaxy debuts the Thunder 16-in-1 intelligent electric drive system, developed by InfiMotion, achieving record-breaking energy efficiency of 8.20 kWh/100 km and a 46 km continuous drift. The highly integrated 75 kg unit leverages an 800V architecture and powers the new Galaxy TT.
Geely Galaxy Unveils 16-in-1 Intelligent Electric Drive
Geely Galaxy has launched the world’s first 16-in-1 intelligent electric drive—dubbed Thunder—on its Galaxy TT model. The system integrates 16 core components into a 75 kg unit with 93.8% efficiency, achieving record-low energy consumption and earning two Guinness World Records.