Geely Technology Group Partners with Honbridge Holdings for Bauxite Procurement
Shanghai (Gasgoo)- Honbridge Holdings has recently announced a strategic partnership with Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group, for the procurement of bauxite and related products. The agreement, signed on January 27, outlines a long-term collaboration between the two companies.
The procurement framework agreement sets an annual purchase cap of up to 300 million yuan by December 31, 2025, and up to 370 million yuan each by December 31, 2026, and December 31, 2027. This partnership signifies Honbridge Holdings’ commitment to sourcing high-quality materials for its operations.
Honbridge Holdings, a key player in the lithium-ion battery sector since 2014, supplies products to various brands under the Geely Holding Group umbrella and other electric vehicle manufacturers. The company has also expanded its presence in the ride-hailing sector in France through its “CaoCao” brand, boasting a fleet of nearly 300 LEVC TX new energy vehicles and 500,000 app downloads.
Photo credit: Geely Technology Group
Geely Technology Group is a leading player in new materials, renewable energy, and smart motorcycle manufacturing. The company’s strategic investments in low-altitude mobility, commercial aerospace, and innovation-driven sectors demonstrate its forward-thinking approach. With a diverse portfolio spanning the automotive industry chain, Geely Technology Group excels in upstream and downstream investments in new materials, material applications, new energy power batteries manufacturing and recycling, energy development, and complete motorcycle production.
