On October 4, representatives of EU member states voted to adopt the draft final ruling on the EU electric vehicle countervailing case submitted by the European Commission, proposing to impose a final countervailing duty on electric vehicles originating in China. In response, Geely Holding Group said that the European Commission’s decision to impose countervailing duties is not constructive.
Geely Holding Group said in a statement that it is very disappointed with the European Commission’s decision. The decision to impose countervailing duties is not constructive and will hinder the economic and trade relations between the EU and China, which will ultimately jeopardize the interests of European enterprises and consumers. Geely Holding Group said it will always support free trade, advocate fair competition, strictly abide by the laws and regulations of all countries in the world, and provide excellent products and services for global users.
At present, Geely Holding Group has Geely, Link, Krypton, Volvo, Polaris, Roadster, LEVC, Radar and other passenger car brands, as well as new energy commercial vehicle brand “remote”, and has long begun to layout in the European market.
It is reported that Geely Holding Group has styling design and engineering research and development centers in Gothenburg, Sweden, Coventry, England, Frankfurt, Germany, etc., and modern vehicle and powertrain manufacturing factories in the United Kingdom, Sweden, Belgium and other places.
In August, Geely Group (including Geely, Lutz, Link, Polaris, Volvo, and Polaris Krypton) sold 22,152 units in Europe, up 17 percent year-on-year, according to preliminary data from market researcher Dataforce. cumulative sales of the Geely Group in Europe from January to August were 270,095 units, up 19 percent year-on-year.
On September 10, Geely Automobile Group officially debuted at the EVA Frankfurt Electric Vehicle Expo with nearly 10 latest electrified products under Geely Automobile, Link Automobile, and Extreme Krypton Automobile, as well as many latest intelligent electric technology achievements such as the S.D.S. Shortblade Battery and the Dragon Eagle One 7nm vehicle-grade chip.