Geely Holding Group and Gree Electric Appliances Form Strategic Partnership for Intelligent Mobility

Zhejiang Geely Holding Group Co., Ltd announced on July 6 that it has entered into a strategic cooperation framework agreement with Gree Electric Appliances, Inc. of Zhuhai. The agreement reflects both companies' intention to strengthen collaboration as the automotive industry continues its transformation through electrification, intelligent technologies, and digitalization. By combining their respective capabilities, the partners aim to accelerate innovation across intelligent mobility solutions while supporting broader industrial development.

What the strategic cooperation covers

The partnership brings together Geely Holding Group's experience in intelligent electric mobility and mobility services with Gree Electric Appliances' expertise in HVAC technologies and intelligent manufacturing. Through this collaboration, both organizations intend to pursue opportunities that integrate automotive innovation with advanced manufacturing capabilities, creating synergies across multiple sectors connected to future mobility.

Key cooperation areas between the two companies

• Joint research and development of in-vehicle intelligent hardware.
• Collaboration across intelligent manufacturing industrial chains.
• Development of logistics and warehousing capabilities.
• Industrial Internet cooperation for connected manufacturing.
• Support for intelligent transportation initiatives.
• Exploration of collaboration involving home appliances.

Strategic focus on future mobility

The agreement is designed to capitalize on ongoing changes within the automotive sector by combining complementary strengths from both companies. As electrification, intelligence, and digitalization continue reshaping vehicle technologies and manufacturing processes, the collaboration seeks to support innovation in intelligent hardware, industrial connectivity, transportation systems, and related technologies. The strategic framework also creates opportunities to strengthen future cooperation across mobility services and advanced manufacturing while supporting long-term technological development in China.

Frequently Asked Questions

What is the objective of the strategic cooperation between Geely Holding Group and Gree Electric Appliances?
The strategic cooperation framework agreement aims to combine the complementary strengths of both companies to support innovation in intelligent mobility and advanced manufacturing. Geely Holding Group contributes expertise in intelligent electric mobility and mobility services, while Gree Electric Appliances brings capabilities in HVAC technologies and intelligent manufacturing. Together, they will cooperate on in-vehicle intelligent hardware, intelligent manufacturing industrial chains, logistics and warehousing, the Industrial Internet, intelligent transportation, and home appliance-related initiatives as the automotive industry advances toward electrification, intelligence, and digitalization.