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GELYY Geely Automobile Holding Ltd (PK)

36.773
0.00 (0.00%)
23 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Geely Automobile Holding Ltd (PK) USOTC:GELYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 36.773 34.50 37.45 0.00 12:13:04

Geely, Mercedes-Benz Form JV to Produce Smart-Branded Electric Cars

08/01/2020 10:26am

Dow Jones News


Geely Automobile (PK) (USOTC:GELYY)
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From Jan 2020 to Jan 2025

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By Martin Mou

 

Zhejiang Geely Holding Group Co. and Mercedes-Benz have established a 50-50 joint venture in China to produce smart-branded electric vehicles.

Geely and Mercedes-Benz will each contribute 2.7 billion yuan ($388.8 million) to the venture, Geely said in a statement Wednesday.

The venture is expected to roll out its first batch of electric vehicles in 2022, Geely said.

 

Write to Martin Mou at martin.mou@wsj.com

 

(END) Dow Jones Newswires

January 08, 2020 05:11 ET (10:11 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Geely Automobile (PK) Chart

1 Year Geely Automobile (PK) Chart

1 Month Geely Automobile (PK) Chart

1 Month Geely Automobile (PK) Chart