Geely is looking for a location to build a European factory

Geely is scouting for sites in Europe to build a large production plant, although the company cautioned it has not yet fully implemented the plan.

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Like several other Chinese automakers, Geely is eager to expand its presence in new markets, and Europe is an attractive option. Speaking recently in Frankfurt, Germany, Li Chuanhai, vice president of Geely Auto Group, was asked whether the brand would build a plant in the region. He responded: “It is not 100% certain at the moment.”

Read: EU cuts tariffs on Tesla, Geely again, but China hopes to resolve dispute through negotiations

However, it is reported that Geely had extensive negotiations with the Polish government earlier this year. Jan Szyszko, deputy minister of the Polish government’s Department of Development Funds and Regional Policy, said that either a new electric car factory would be built in Poland to produce electric cars and sell them to locals, or a new electric car factory would be built in another EU country but still sold in Poland. Obviously, these two options are more beneficial to Poland.

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The progress of the talks is unclear, but sources say the Polish government does not consider Geely an ideal partner. Geely’s Li Shufu said the company has “many possibilities” when it comes to expanding in Europe.

Nicolas Appelgren, CEO of Geely’s Lynk & Co brand in Europe, told Reuters the brand was actively looking for a location to build a factory on the continent, but did not provide further details.

Geely recently opened a new base in Frankfurt, where it will test and develop 13 new energy vehicles to understand their performance and meet European certification standards.

In April, Chinese auto giant Chery announced that it would produce electric vehicles at a plant in Barcelona, ​​Spain. The cars will be produced at a plant jointly operated by Nissan and Ebro-EV Motors. Chery plans to produce 50,000 vehicles per year by 2027 and 150,000 vehicles per year by 2029.

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