Geely Automobile Holdings Ltd (PK) (GELYF)

Kandi Technologies ($KNDI) and Geely $GELYF share a long, intertwined history in China’s electric-vehicle evolution—one built on collaboration, experimentation, and the shared ambition to electrify mobility at scale. Though their paths have diverged over time, the legacy of their partnership continues to shape both companies’ identities and influence the broader EV landscape.

Kandi Technologies began as a manufacturer of electric vehicles and batteries, founded in 2002 in Jinhua, Zhejiang. Over the years, it evolved into a global innovator in intelligent equipment, anchoring its strategy in all-domain electric vehicles supported by battery-swapping systems and intelligent robotics. This transformation reflects Kandi’s broader mission to bring advanced technology into everyday life through open collaboration and sustainable development.

One of the most defining chapters in Kandi’s history came in 2013, when it formed a major joint venture with Shanghai Maple, a subsidiary of Geely. The partnership—Zhejiang Kandi Electric Vehicles Investment Co. Ltd.—was established with equal ownership and an initial registered capital of 1 billion yuan. Its purpose was ambitious: to research, develop, produce, market, and sell electric vehicles across mainland China. Geely’s chairman, Li Shufu, served as the joint venture’s first chairman, while Kandi’s founder Hu Xiaoming took on the role of general manager.

This collaboration produced several notable outcomes. Geely contributed design expertise while Kandi handled manufacturing, resulting in models such as the EX3, which blended Geely’s styling with Kandi’s production capabilities. The partnership also supported Kandi’s groundbreaking EV Car Share program in Hangzhou, where Kandi supplied thousands of compact EVs accessible through automated “car vending machine” garages. These vehicles relied on battery-swap systems—an early precursor to the battery-exchange technologies now gaining global attention.

Although Geely later transferred its stake in the joint venture to its parent company, Geely Holding Group, the collaboration left a lasting impact. It demonstrated how a large automaker and a nimble EV specialist could combine strengths to accelerate electrification in urban environments. It also helped establish Kandi as a credible force in EV manufacturing and infrastructure development.

Today, Kandi continues to expand its influence—most notably through its partnership with CBAK Energy to build two lithium-battery production facilities in the United States. These facilities, one focused on pack assembly and the other on cell manufacturing, aim to strengthen North America’s domestic supply chain for off-road EVs and energy-storage applications. The initiative aligns with U.S. clean-energy incentives and reflects shifting global priorities toward localized battery production.

Geely, meanwhile, has grown into one of the world’s most diversified automotive groups, with brands ranging from Volvo to Polestar to Zeekr. Its early collaboration with Kandi was just one step in a much larger journey toward becoming a global leader in electrified mobility.

Together, Kandi and Geely illustrate how partnerships—whether temporary or long-term—can accelerate innovation and reshape entire industries. Their shared history is a reminder that the EV revolution is not driven by competition alone, but by collaboration, experimentation, and the willingness to build the future together.

China's carmakers expanding their presence in Europe $GELYF $NIO

Unveiling “JI YUE”: Redefining the Electric Vehicle Experience

August 14, 2023 | Zhejiang Geely Holding Group

2023 August 14th, Hangzhou/Beijing/Shanghai – Geely Holding Group (Geely Holding) and Baidu Inc (Baidu) are proud to announce a significant milestone in their strategic partnership with the introduction of “JI YUE,” a premium intelligent technology brand.

The flagship “JI YUE 01” model aims to redefine the concept of intelligent mobility, serving the preferences of tech-orientated consumers in China for autonomous mobility solutions.

JI YUE’s primary goal is to provide an unparalleled intelligent automotive experience. Beyond overseeing sales, services, and marketing for the 01, JI YUE will also build and develop its own charging network in China to meet consumer demand for smart intelligent electric vehicles.

The stage is set for the JI YUE 01’s market debut in Q4 this year, harnessing the benefits of Geely Holding’s acclaimed automotive manufacturing expertise, including the Sustainable Experience Architecture (SEA) and an established supply chain, along with Baidu’s cutting-edge and industry-leading artificial intelligence technologies, including advanced intelligent cabins and autonomous driving.

https://zgh.com/media-center/news/2023-08-14/?lang=en

Media Center / News
https://zgh.com/media-center/news/?lang=en

https://zgh.com/autonomous-drive/?lang=en

JI YUE is Geely Holding’s next-generation automotive robocar brand, positioned as premium intelligent, committed to building leading intelligent automotive robots.
https://zgh.com/jiyue/?lang=en

The Ji Yue 01 will enter production later this year at a Geely plant, with the first deliveries expected in the fourth quarter.
https://insideevs.com/news/682421/ji-yue-01-debuts-first-production-ev-geely-baidu-jv/

Interestingly, according to CN EV News, Jidu was 55 per cent owned by Baidu and 45 per cent by Geely when it was founded. However, the new Ji Yue brand is said to be majority-owned by Geely. Specifically, the Jiyue brand’s operating company – the recently established Hangzhou Jiyuyue Automotive Technology Co Ltd – is said to be 65 per cent owned by Geely and 35 per cent by a Baidu subsidiary.
https://www.electrive.com/2023/08/15/geely-and-baidu-to-build-evs-under-new-ji-yue-brand/

Our Brands / London EV Company https://zgh.com/our-brands/london-ev-company/?lang=en

10B o/s shares! ??

https://finance.yahoo.com/news/chinas-biggest-car-brand-launches-031639709.html

Geely's new upmarket electric car brand Zeekr comes as Elon Musk goes on the charm offensive in China.

Looks promising!

Anyone think this has potential? The Nio of 2021?

$GELYF https://www.globenewswire.com/news-release/2020/12/29/2151273/0/en/Kandi-Enters-into-Strategic-Cooperation-Agreement-with-Agricultural-Bank-of-China-Hangzhou-Branch.html

$GELYF https://www.globenewswire.com/news-release/2020/04/13/2015102/0/en/Geely-Kandi-Affiliate-Fengsheng-Automotive-Introduces-Pure-Electric-SUV-Maple-30X.html

https://finance.yahoo.com/news/chinas-geely-reports-2-rise-124737194.html

https://investorwelcome.com/2020/04/15/eye-catching-hot-stock-geely-automobile-holdings-ltd-otcgelyf/

Is this stock worth investing in? Anyone...

So what’s going on with Geely today? I bought shares at .05 back in 2004. They have done well since then but see they have dropped off lately.
Should be a big improvement in months to come in my opinion. I sold around the .50’s .... sure wish I would have held until when they reached 3.50.
I traded on the Chinese market because to low volume here. Every trade I requested was executed.

With U S automakers pulling away Geely would be sitting well if the electric market surged here too.

$GELYF Sedans are still selling well enough in China to inspire new cars from Geely, $NIO XPeng, and more https://www.theverge.com/2019/4/16/18389666/electric-sedans-nio-xpeng-geely-shanghai-auto-show

$GELYFF Electric sedans are winning the Shanghai Auto Show https://www.theverge.com/2019/4/16/18389666/electric-sedans-nio-xpeng-geely-shanghai-auto-show

I HOPE WE CAN GET TO 2.50 SO I CAN SELL . IT'S JUST GOING TO TAKE TO LONG FOR IT MOVE INTO THE 3,S

The parent company is still holding on by little sister here is not fairing so well.
Down to $1.71 and nothing in the news to indicate that it will trend back up anytime soon.

IT LOOKS LIKE ITS TURNING INTO A PUMP AND DUMP .. AS SOON AS I CAN IM GETTING OUT.

https://seekingalpha.com/article/4215497-geely-shares-way-oversold

Hm, wondering what happened to the stock tracker here?

This is the little sister side of Geely, the main section is still doing fairly well.

I DONT UNDERSTAND , GEELY IS A VERY GOOD COMPANY BUT IT JUST CANT GET TO THE NEXT LEVEL AND I DONT KNOW WHY, BUT I THINK WE HAVE TO SUPPORT THEM IN ORDER FOR THEM TO SUPPORT US . SO IM GOING TO STAY PUT AND HOPE FOR THE BEST .

Unfortunately it hasn’t helped, the price continued to plunge.

$KNDI Kandi Technologies: Geely $GELYF Joint Venture Is Fruitful https://seekingalpha.com/article/2273123-kandi-technologies-geely-joint-venture-is-fruitful

Unfortunately this has turned into a total bust for now.
Anyone have any kind of info that would suggest that they are going to turn around?

Dead Cat Bounce

Back to the same level as a year ago.
My dump trigger hit a couple of months ago so I'm out.
Buy trigger isn't ringing either so I can only suspect that they feel it will drop a bit more.

https://www.just-auto.com/news/geely-auto-sales-surge-49-in-april-2018_id182499.aspx

Geely VS Tesla read:

https://seekingalpha.com/article/4170677-tale-two-electric-car-companies

Nice gap up today!

Geely emerges as leader in new energy...

http://www.freemalaysiatoday.com/category/highlight/2018/04/30/geely-emerges-as-chinas-leader-in-new-energy-vehicles/

https://www.reuters.com/article/us-geely-automobile-aisin-seiki-jv/geely-aisin-seiki-jv-to-produce-automatic-transmissions-in-china-idUSKBN1HW03T

March numbers were up.

https://seekingalpha.com/news/3345051-china-auto-sales-recover-march

Just down the road, well highway really.

https://www.bizjournals.com/boston/news/2018/04/10/woburn-flying-car-company-ramps-up-hiring-after.html

Be sure to like Geely Facebook!!
https://m.facebook.com/geelyworldwide/

https://www.carscoops.com/2018/04/geely-borui-ge-phev-sedan-debuts-china-volvo-three-cylinder-7-speed-dct/amp/

http://markets.businessinsider.com/news/stocks/2018-world-car-awards-volvo-xc60-2018-world-car-of-the-year-1019717700

Plans for U.S. market to be announced next month:

https://www.bloomberg.com/news/articles/2018-03-21/geely-profit-more-than-doubles-as-chinese-shoppers-fancy-suvs

https://globenewswire.com/news-release/2018/03/28/1454634/0/en/Kandi-Technologies-Unveils-All-Electric-SUV-Geely-Global-Hawk-EX3-in-Hangzhou.html

Geely more than doubles profits...
https://www.just-auto.com/news/geely-more-than-doubles-annual-profit_id181792.aspx

https://www.greencarreports.com/news/1115873_via-motors-to-collaborate-with-chinese-maker-geely-on-electric-trucks

$GELYF timmmmber

http://www.autonews.com/article/20180321/COPY01/303219959/geelys-2017-profit-more-than-doubles-on-domestic-demand

Still has a ways to go:

https://www.autoblog.com/2018/03/19/uber-autonomous-volvo-fatality/

China Could Be The World's First All Electric Vehicle Ecosystem https://www.forbes.com/sites/salvatorebabones/2018/03/06/china-could-be-the-worlds-first-all-electric-vehicle-ecosystem/#3761e5e4130f