Geely Automobile release, a total investment of 10 billion yuan Geely high-performance electric drive project recently put into production in the Huishan Economic and Technological Development Zone Industrial Transformation Cluster.
Geely high-performance electric drive project with a total investment of 10 billion yuan, covering an area of 310 acres, mainly engaged in the research and development, production and sales of high-performance electric drive system products, annual sales are expected to exceed 10 billion yuan, the annual tax payment is expected to exceed 1 billion yuan.
The project will achieve an annual output of 600,000 units, including 300,000 electric drive assemblies and 300,000 key components, with the goal of building a “0” pollution of international standards green intelligent factory.
Geely Automobile sold 145,070 vehicles in November 2022, up 7 percent year-on-year, and sold 12,869,771 vehicles this year, up 10 percent year-on-year.
In terms of new energy vehicles, Geely sold 31,278 pure electric vehicles in November, and 224,351 vehicles this year, up 369% year-on-year. Geely sold 13,839 vehicles in November, up 61% year-on-year, and 130,661 vehicles this year, up 186% year-on-year.