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Geely’s Cao Cao ride-hailing platform raises £¤1 billion in Series A funding, now valued at over £¤10 billion

BEIJING – Cao Cao, a ride-hailing platform invested by Geely Holding Group, announced on January 17 that it has successfully undergone its Series A round of funding raising ¥1 billion, giving the two-year old innovative mobility solutions company an initial valuation of over ¥10 billion. With over 10 million registered

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Geely H1 2017 profit up 128 percent to £¤4.344 billion, revenues up 118 percent

HANGZHOU, Zhejiang – Geely Automobile Holdings Ltd., the Hong Kong-listed subsidiary of Geely Holding Group, said on August 16 its profits for the first half of 2017 rose 128 percent to ¥4.344 billion on revenues of ¥39.424 billion, which was up 118 percent. The company attributed the rise in both

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Blame or mocking ca’t solve the problem of “rubbish” EVs

A recent article titled “Why I believe all EVs are rubbish” went viral online and in WeChat’s friend circle. The author, once a fan of EV toys during his childhood times, admits he now hates EVs to death. He says his expectations are lowered drastically when choosing an EV because

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Emgrand ranks first in service satisfaction, says Lansion report

BEIJING – Geely’s Emgrand was the most satisfied brand among all independent brands in aftersales service, according to the 2012 China Automotive Brand Aftersales Service Satisfaction Index (SSI) released by Lansion International on November 1. The Emgrand received a score of 849 out of a possible total of 1,000 points.

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