Geely wants to establish assembly plant in Europe

Chinese automotive company Geely is currently scouting suitable locations to establish a large-scale production facility on the European continent.

However according to Reuters sources, Geely Auto Group’s Vice President Li Chuanhai confirmed that the plans were “not 100 percent” certain while speaking in Frankfurt, Germany last week.

Geely had previously held discussions with the Polish government, but the authorities in the country did not see Geely as an ideal investment partner.

In Frankfurt, Geely has opened a new facility where it will serve as the location for testing and developing 13 new models of electric vehicles to meet stricter European standards.

In addition to Geely, several Chinese automotive manufacturers, including Chery and GWM, are also planning to establish assembly plants in Europe to avoid higher tariffs imposed on imported EVs from the mainland.