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Geely Reportedly Founds Passenger Car Mfg Firm in Ningbo; Biz Includes Making Intelligent Car-mounted Equipment
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According to Chinese media reports, Ningbo Geely Passenger Vehicle Manufacturing was established recently. The company is wholly owned by Zhejiang Geely Holding Group, with a registered capital of RMB500 million. The scope of business of the new company includes manufacturing of auto parts and accessories, manufacturing of intelligent vehicle-mounted equipment, wholesale of auto parts and accessories, sale of intelligent vehicle-mounted equipment, sale of automobiles, and sale of new energy vehicles. AAStocks Financial News |
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