Tag Archives: Geely

News

Geely Launches Its First Ro-Ro Ship “JISU Fortune” to Boost Global Vehicle Exports

In a bold step towards reinforcing its global logistics network, Geely Holding has launched its first self-owned roll-on/roll-off (ro-ro) vessel, the Geely JISU Fortune. Operated by JISU Logistics, the cutting-edge ship embarked on its maiden voyage from the port of Taicang, China, carrying 5,000 vehicles destined for the European market.

At nearly 200 meters in length and 38 meters wide, the JISU Fortune is a formidable addition to Geely’s export capabilities. The vessel boasts a maximum cruising speed of 19 knots and can carry up to 7,000 vehicles across 12 cargo decks—eight fixed and four movable. Notably, the 11th and 12th decks are specifically designed for transporting hydrogen and natural gas-powered vehicles, aligning with Geely’s commitment to cleaner mobility.

But the ship’s green credentials don’t stop there. The JISU Fortune is powered by two ultra-large UPP fuel tanks, each with a capacity of 2,000 cubic meters. By utilizing green UPP fuel, the vessel dramatically reduces both emissions and energy consumption, setting a new benchmark for sustainable maritime transport in the automotive sector.

Ro-ro ships, as the name suggests, are designed for rolling cargo—vehicles such as cars, trucks, and trailers are driven directly on and off the vessel. This method offers considerable efficiency for high-volume vehicle exports, something Geely is clearly aiming to capitalize on with the JISU Fortune.

The ship will be pivotal in delivering vehicles from across Geely’s expanding portfolio—including Geely Auto, Lynk & Co, Zeekr, and other affiliated brands—to international markets in Europe, Asia, and the Americas. This move not only strengthens Geely’s global reach but also enhances the sustainability and efficiency of its supply chain.

In an era where the automotive industry is shifting toward smarter and greener logistics solutions, JISU Fortune stands as a symbol of innovation and ambition. It’s not just a ship—it’s Geely’s floating commitment to the future of global mobility.

Source: Geely

News

EU reduced tariffs on vehicles produced in China

Last year, the European Commission launched an investigation into the privileged position of electric vehicles produced in China due to subsidies. This resulted in the introduction of additional tariffs on vehicles manufactured in China (37.6%), and manufacturers that cooperated during the investigation paid lower tariffs (20.8%). However, the EU decided to reduce tariffs on some car manufacturers like Tesla from 20.8% to just 9%.

After reviewing the business report for July, it was determined that Tesla received less government aid than other firms that make cars in China, so the EU agreed to reduce the tariff. However, this did not mean that the tariff would be removed completely as the company was found to still be getting batteries below market value, which is one of the ways car manufacturers receive help from China. Other ways to help are cheap land, grants and loans at lower rates. This still gives them an advantage over cars made by companies in other parts of the world.

Also, some other car manufacturers will now pay lower tariffs, such as the British brand Mini. Although the company refused to cooperate in the investigation, the EU still decided to reduce tariffs on their vehicles from 37.6% to 21.3%. The tariff was also reduced on the vehicles of some Chinese companies: BYD (17.4 to 17 percent), Geely (19.9 to 19.3 percent), and SAIC (37.6 percent to 36.6 percent).

Source: Reuters

News

Geely developed a battery that can ensure driving of one million kilometers

Zhejiang Geely Holding Group, commonly known as Geely Holding, has produced a battery that can ensure driving of one million kilometers with minimal impact on range, and retains more than 90 percent of its capacity at temperatures below -30 degrees Celsius. It is an LFP (lithium-iron-phosphate) battery with a density of 192 Wh/kg.

The new battery charges faster and takes 17 minutes and 4 seconds to charge from 10 to 80 percent. It also manages to retain 90.54 percent of its capacity at a temperature of -30 degrees Celsius, and can be charged up to 3,500 times. The secret is in its construction. It contains doped electrode materials in its composition in order to reduce the speed of the internal chemical reaction.

Geely tested the battery with a large number of tests, including the extreme ones. They pierced the battery with eight 5 mm steel needles and left it in that condition for an hour. Next, a 5.8 mm round was fired into the battery and failed to ignite it. After that, it was submerged in seawater, thrown into a fire, and even run over with a 26-ton roller. None of the tests caused significant damage.

This would definitely be a revolution in the development of batteries, and the company did not announce when production would start.

Source: Geely