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Geely Automobile established a joint venture company "Ruilan Automobile" and will launch "self-developed power exchange technology" products

IT Home January 24 news, Geely Automobile today announced that the joint venture company established with Lifan Technology has completed the industrial and commercial registration procedures and obtained a business license issued by the Market Supervision and Administration Bureau of Liangjiang New Area in Chongqing, China. The joint venture is named Chongqing Ruilan Automobile Technology Co., Ltd. ("Ruilan Automobile").

According to reports, Ruilan Automobile will launch a variety of power form products in the future. Based on self-developed power exchange technology, Ruilan Automobile is committed to creating an intelligent power exchange ecology and providing competitive power exchange products and services for the market.

Geely Automobile established a joint venture company "Ruilan Automobile" and will launch "self-developed power exchange technology" products

IT Home learned that Geely Automobile currently has new energy intelligent networked vehicles such as the Extreme Kr brand, and the company's total vehicle sales in 2021 will be 1.328 million units, an increase of about 1% year-on-year; the annual sales of new energy and electrification will reach 100126 vehicles in 2021.

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