Entity

Geely

Geely is a Chinese multinational automotive manufacturing company that produces and sells vehicles under various brands, including Volvo and Polestar.

Why it’s in the news: It is in the news for acquiring a 30% stake in Nio's battery swapping unit for over $2 billion.

Latest on Geely

  • China's Geely announces entry into Canadian auto market
  • Geely enters Canadian market, plans first vehicle sales in 2027
  • Geely confirms Canada entry with first cars in 2027 — but no models yet
  • China’s Nio and Geely deepen commitment to EV battery swapping tech in stake sale
  • NIO inks battery-swapping deal with Geely, values energy unit at $2.4 billion
  • Geely to acquire 30% of competitor Nio's battery swapping unit
  • NIO sells 30% of battery swap unit to Geely at more than $2 billion

Connections

28 entities linked to Geely across the news graph.