Energy Diversification
The world needs to reduce emissions, conserve energy, and ensure sustainable development. This naturally means that cars need to use new energy. Geely Auto sees new energy vehicles as the future of the industry and have invested heavily into the development of new energy vehicles.
As part of the Blue Geely Campaign, Geely Auto has set a goal of bringing down the cost of hybrid cars to be the same as traditional combustion cars. And by 2020, Geely Auto has set a target of having new energy vehicles accounting for 90% of total annual sales.
Not only is Geely Auto developing electric vehicles, they are also looking at using other alternative fuels such as methanol. Working together with Carbon Recycling International in Iceland, Geely Auto has successfully tested pure methanol vehicles over a 12-month period.
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