Geely to take over Leopaard’s plant to produce new energy vehicles

On April 27, Geely Holding Group, Hunan Provincial People’s Government and Changsha Municipal People’s Government formally signed a strategic cooperation agreement in Changsha to host the Hunan Leopaard Automobile‘s Changsha Plant, which is under Hunan Province State-owned Enterprise Changfeng Group Co., Ltd.

On April 27, Geely Holding Group, Hunan Provincial People’s Government and Changsha Municipal People’s Government formally signed a strategic cooperation agreement in Changsha to host the Hunan Leopaard Automobile‘s Changsha Plant, which is under Hunan Province State-owned Enterprise Changfeng Group Co., Ltd.

It will be engaged in the production and sales of new energy vehicles.

It is understood that the main product of Changfeng Group is the “Leopaard” brand light SUV.

Since 2018, due to the situations of the domestic automobile industry and the slowdown in the pace of new product launches, Leopaard has encountered temporary challenges in its production and operation.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/28/geely-to-take-over-leopaards-plant-to-produce-new-energy-vehicles/.

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