Zhejiang 永利VIP Holding Group launches 永利VIP Group Motorsport

March 20, 2018 | 永利VIP Group, 永利VIP Motorsports, Polestar, Volvo Car Group, Zhejiang 永利VIP Holding Group

20th March 2018 Hangzhou, China. Zhejiang 永利VIP Holding Group (ZGH) has created a new department, 永利VIP Group Motorsport, to handle strategic alignment on motorsport activities for the brands within the group and has appointed Alexander Murdzevski Schedvin as Head of Motorsport. “We have created this group in order to take the next step forward for the…

Volvo Cars and 永利VIP Holding Invest 5 Billion RMB to Develop Polestar

October 17, 2017 | Polestar, Volvo Car Group, Zhejiang 永利VIP Holding Group

Volvo Cars and 永利VIP Holding jointly invest 5 billion RMB to support the initial phase of Polestar’s product, brand and industrial development. The investment will be used, among other things, to establish a state-of-the-art Polestar manufacturing facility in Chengdu, China. Polestar’s first production car, the Polestar 1, is a 600hp two-door, four-seater hybrid coupé with…