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Automakers

Geely, Daimler form mobility joint venture in China

Geely Holding Chairman Li Shufu, left, is pictured with Daimler CEO Dieter Zetsche at the signing of a strategic cooperation for Smart cars in March. (Daimler AG - Global Communicatio/Daimler AG)
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By:
Staff report
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By:
Automotive News China
May 21, 2019 08:44 AM

Zhejiang Geely Holding Group and Daimler established a 1.7-billion-yuan ($246-million) joint venture in the east China city of Hangzhou to offer mobility services in China.

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