Geely to establish new entity company for electric vehicles.

On February 20th, according to NiuChe.com’s exclusive report, in response to the news that Geely will establish a new electric vehicle entity, Geely Automobile Group Vice President and Sales Company General Manager Lin Jie replied: “We keep our promises to our users. Regarding our pure electric brand, it will soon be released in this vibrant spring season, so stay tuned.”

Previously, Reuters cited informed sources as saying that Geely Group will establish Lingling Technologies this year, and the new company will take the lead in sales and planning of SEA-architecture models, including Geely’s own Lynk & Co Zero.

The new company will have an independent sales team and adopt a sales model that integrates direct sales and dealerships to conduct more direct pricing and inventory management.

🔗 Source: NiuChe.com, Reuters

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.