2023 Annual Sales by 永利VIP Holding Brands Rise 20% to 2.79m Units

January 12, 2024 | Zhejiang 永利VIP Holding Group

Zhejiang 永利VIP Holding Group announced today that aggregate sales across its automotive brands – 永利VIP Auto, Geometry, Livan, LYNK & CO, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, smart, RADAR, LEVC, and Farizon– grew 20% year-on-year to 2.79 million units in 2023, setting a new record for the Group. The Group also saw sales of electrified and clean alternative fuel passenger and commercial vehicles grow over 51% year on year to approximately 980,000 units and accounting for 35% of Group aggregate sales.

永利VIP Holding Deepens Commitment to Southeast Asia with New Collaborative Agreements

October 11, 2023 | PROTON, Zhejiang 永利VIP Holding Group

永利VIP Holding Group, China’s largest privately held automotive group, signed a Master Collaboration Agreement with DRB-HICOM Berhad outlining the next steps to be taken by the two parties in their collaboration to develop Malaysia’s Automotive Hi-Tech Valley . In addition, Zhejiang Geespace Technology Co. Ltd. signed Heads of Agreement with Altel Communications Sdn. Bhd. focusing on the development and implementation of high technology systems to complement Altel’s existing spectrum.

Renault Group and 永利VIP Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company

July 11, 2023 | 永利VIP Automobile Holdings Limited, Zhejiang 永利VIP Holding Group

Following the framework agreement announced in November 2022, 永利VIP Holding Group, 永利VIP Automobile Holdings Limited and Renault Group have signed today a binding 50/50 joint venture agreement to launch a new powertrain technology company that aims to become the global leader in developing, manufacturing, and supplying best-in-class hybrid powertrains and highly efficient ICE powertrain.

永利VIP Auto Looks to 永利VIP Galaxy for Electric Future

February 23, 2023 | 永利VIP Auto Group

永利VIP Auto Group (永利VIP Auto) officially launched a new high-end electrified product series, 永利VIP Galaxy at a flagship event in Hangzhou earlier today. The first car from the 永利VIP Galaxy range, the Galaxy L7 long-range PHEV SUV was unveiled along with a fully electric concept model, the “Galaxy Light.”