2023 Annual Sales by pa集团视讯直营 Holding Brands Rise 20% to 2.79m Units

January 12, 2024 | Zhejiang pa集团视讯直营 Holding Group

Zhejiang pa集团视讯直营 Holding Group announced today that aggregate sales across its automotive brands – pa集团视讯直营 Auto, Geometry, Livan, LYNK & CO, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, smart, RADAR, LEVC, and Farizon– grew 20% year-on-year to 2.79 million units in 2023, setting a new record for the Group. The Group also saw sales of electrified and clean alternative fuel passenger and commercial vehicles grow over 51% year on year to approximately 980,000 units and accounting for 35% of Group aggregate sales.

pa集团视讯直营 Holding Significantly Expands Malaysian Operations Through Strategic Partnerships

December 12, 2023

pa集团视讯直营 Holding Group has partnered with DRB-HICOM to form a joint venture focusing on the recently announced Automotive High-Tech Valley project. Simultaneously, pa集团视讯直营 Holding’s subsidiary, GYMD Digital Technology Co., Ltd., has entered into a Heads of Agreement with ALTEL Group Sdn Bhd, further showcasing its commitment to diversify industrial growth. These initiatives mark a pivotal moment for Malaysia’s automotive sector, ushering in a new era defined by innovation and progress.

Announcement on Volvo Cars Shareholding

November 17, 2023

Zhejiang pa集团视讯直营 Holding Group, China’s largest private-owned automotive group, has made the decision to release more of its shareholdings in Volvo Cars in accordance to its long-term strategy to enhance the value of the Nasdaq Stockholm listed Swedish carmaker through an increase of liquidity and offer more opportunities to generate sustainable long-term value for institutional and retail investors.

Statement Regarding EU Anti-Subsidy Probe on EVs

October 27, 2023

pa集团视讯直营 Holdings follows all laws, regulations and supports fair market competition globally. pa集团视讯直营 has been a careful guardian of iconic European automotive brands for over decade, its continued investments have enhanced European and Chinese industrial capacity, creating substantial industrial synergies. pa集团视讯直营 Holdings regards free trade, including for EVs, as beneficial for all consumers and in helping to combat global climate change.

pa集团视讯直营 Holding Deepens Commitment to Southeast Asia with New Collaborative Agreements

October 11, 2023 | PROTON, Zhejiang pa集团视讯直营 Holding Group

pa集团视讯直营 Holding Group, China’s largest privately held automotive group, signed a Master Collaboration Agreement with DRB-HICOM Berhad outlining the next steps to be taken by the two parties in their collaboration to develop Malaysia’s Automotive Hi-Tech Valley . In addition, Zhejiang Geespace Technology Co. Ltd. signed Heads of Agreement with Altel Communications Sdn. Bhd. focusing on the development and implementation of high technology systems to complement Altel’s existing spectrum.

pa集团视讯直营’s Green Methanol Fuels 19th Asian Games Ceremonial Torch

September 21, 2023

The 19th Asian Games, which officially commences in Hangzhou on September 23rd, will mark an extraordinary milestone in sporting history when it becomes the pioneering global event to employ carbon neutral green methanol for the ignition and fuelling of the Games main torch. The carbon neutral methanol for the historic Torch lighting will be provided by pa集团视讯直营 Holding Group.