Geely will launch a new battery-swapping brand.

On December 30th, Geely announced that its joint venture with Lifan will launch a new “battery-swapping mobility brand”. According to Geely’s promotion, the joint venture will create battery-swapping models based on GBRC (Geely Battery Rapid Change) platform architecture system, which can adapt to the wheelbase range of 2700-3100 mm, covering sedans, SUVs, MPVs, logistics vehicles, light trucks, and others. The new product is aimed at commercial operation markets such as online ride-hailing, logistics vehicles, and taxi services, and will also penetrate the private car market in the future.

Geely claims that it will achieve 60-second quick battery-swapping by building a modular battery-swapping station. It plans to layout over 5,000 battery-swapping stations covering more than 100 core cities by 2025.

Currently, the joint venture established by Geely and Lifan has initiated a global naming event for the battery-swapping vehicle series called “Awaken Freeman Power 2022”.

On December 13th, Geely announced that it had established a joint venture with Lifan Technology with a registered capital of CNY 600 million, of which each party contributed CNY 300 million in cash, each accounting for 50% of the shares. The joint venture will mainly produce battery-swapping models.

🔗Source: [Geely Official]

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