Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology company, rose 47 places in the 2019 Fortune Global 500 to 220th after its last year’s revenues reached US$49.665 billion.

The world’s first pure electric British hypercar, Evija was unveiled by Lotus in London. Evija is the first new product launched by Lotus after joining Zhejiang Geely Holding Group. It represents Lotus’s innovative capabilities, engineering heritage, and new design language.

China made a giant leap forward in the fields of both automotive manufacturing and motorsports with a victory in a single race. The LYNK & CO Cyan Racing team’s recent triumph at the WTCR in Marrakech, Morocco, set a new milestone in racing history as the first Made in China vehicle to win a global motorsports race.

Zhejiang Geely Holding Group (ZGH) officially released the 2018 Corporate Social Responsibility Report on June 17. This was the Group’s seventh Corporate Social Responsibility since it first began in 2012. In 2018, ZGH focused substantial attention towards the sustainable management methods and aligned the Group’s social responsibility strategy with the United Nations Sustainable Development Goals.

Shanghai Maple Guorun, an indirect 99% owned subsidiary of Geely Automobile Holdings (HK.0175), the listed arm of Geely Auto, today announced a new joint venture partnership with LG Chem of South Korea, one of the world’s leading manufacturers of electric vehicle batteries.

A joined venture was signed between Proton Edar Sdn. Bhd., the sales and marketing arm of PROTON Holdings (“PROTON”), ECARX (Hubei) Technology Co. Ltd. (“ECARX”), a connectivity company invested by Zhejiang Geely Holding Group, (“ZGH”) and Altel Communications Sdn. Bhd. (“Altel”), a Malaysian-based telecommunications services provider. The three-way joint venture aims to establish a car connectivity R&D centre in Malaysia that will serve both the Malaysian market, as well as the greater ASEAN region.

Lynk & Co Cyan Racing and Thed Björk delivered the first ever victory by a Chinese manufacturer in a FIA sanctioned World Cup of racing. The victory in the FIA WTCR season opener on the streets of Marrakech, Morocco, has taken the Swedish driver to the points lead.