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Geely Initiates a Fresh Round of Restructuring in Its Battery Division
1 day ago /
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Author：小编
On September 15th, reports emerged indicating that Geely's internal executives disclosed the company's move to consolidate several entities within its battery sector. The long-term strategy entails merging the battery group into Geely Automobile's publicly listed entity once profitability benchmarks are achieved. Concurrently, the executive clarified that the recent announcement regarding CATL's acquisition of Geely-affiliated Chongqing battery project was merely a standalone incident, as CATL also has a pressing need for capacity expansion.
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