Geely Holding Group to launch new Geely Innovation Centre

GEELY Auto Group (Geely Auto) and the City of Gothenburg signed a Letter of Intent to develop a 70,000 sq metre Innovation Centre in the heart of Gothenburg, Sweden. The Swedish Prime Minister, Gothenburg Mayor Ann-Sofie Hermansson and their joint delegation were welcomed by the Chairman of Zhejiang Geely Holding Group, Li Shufu, and the Group President, An Conghui, at Zhejiang Geely Holding Group (ZGH) headquarters to witness the historic commitment between the two parties.

Upon its completion, the planned Geely Innovation Centre is expected to house a highly skilled staff, opening doors to wider job opportunities for over 3,500 employees.

Prime Minister Löfven was quoted saying, “We are very pleased with Geely’s long-term commitment, belief and investment in Sweden. Geely has developed and strengthened Volvo as a leading car brand and this new innovation centre, together with earlier substantial investments, contributes to both growth and jobs in Sweden.”

The new Geely Innovation Centre will be situated at the Lindholmen Science Park in Gothenburg and will house the China Euro Vehicle Technology Centre (CEVT, a subsidiary of Zhejiang Geely Holding Group), Geely powertrain R&D Centre, Geely Design Europe, LYNK & CO’s International Marketing, Sales and Services, as well as several key suppliers to Geely and serviced apartment facilities.