A worker assembling Geely’s Lynk 05 crossover sport utility vehicle (SUV) in the Zhejiang provincial city of Ningbo on April 28, 2020. Photo: Bloomberg.
A worker assembling Geely’s Lynk 05 crossover sport utility vehicle (SUV) in the Zhejiang provincial city of Ningbo on April 28, 2020. Photo: Bloomberg.
Geely

China’s Geely puts US$23.4 billion research budget behind 2025 goal for electric cars to make up 40 per cent of its production

  • Four in every 10 Geely cars will be partially or fully electric by 2025, the carmaker’s chief executive Gan Jiayue said on Sunday
  • The carmaker will set aside 150 billion yuan for research over the next few years, with the goal of developing so-called L5 autonomous driving capability

Topic |   Geely
A worker assembling Geely’s Lynk 05 crossover sport utility vehicle (SUV) in the Zhejiang provincial city of Ningbo on April 28, 2020. Photo: Bloomberg.
A worker assembling Geely’s Lynk 05 crossover sport utility vehicle (SUV) in the Zhejiang provincial city of Ningbo on April 28, 2020. Photo: Bloomberg.
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