Geely's Remote New Energy Commercial Vehicle Group 10th Anniversary, 300,000 Milestone & Financing

TapTechNews August 2nd news, on August 1st, Geely's Remote New Energy Commercial Vehicle Group celebrated its 10th anniversary. With the mass production and offline of the Remote Xinghan H alcohol-hydrogen electric vehicle at the Ma'anshan base, Remote announced reaching a milestone of 300,000 new energy commercial vehicles and completing the delivery, and at the same time, the world's first 300,000 new energy commercial vehicle brand was born.

The Remote New Energy Commercial Vehicle Group is a subsidiary of Geely Holding Group, which is officially claimed to be China's first commercial vehicle group focusing on the new energy field. Its products cover all commercial vehicle scenarios such as heavy trucks, light trucks, mini trucks, LCV, and buses. The overseas market has achieved the first batch of vehicle deliveries in the United Arab Emirates, and was exported to Turkey again in January this year.

On July 20, 2023, the Remote brand under the Remote New Energy Commercial Vehicle Group announced the completion of Round A financing, with a financing amount of 600 million US dollars (TapTechNews note: currently about 4.347 billion yuan).