Geely Auto recently announced via a Hong Kong Stock Exchange filing that it will acquire 100% of Radar Auto’s core assets for approximately 218 million yuan in cash, including Radar Auto (Shandong) Co., Ltd., Radar Auto Sales Co., Ltd. and its Thai subsidiary Radar Thailand. Upon completion of the transaction, Radar Auto will become a wholly-owned subsidiary of Geely Auto, fully integrated into Geely’s overall new energy vehicle layout.

Founded in 2021, Radar Auto is a dedicated new energy pickup brand incubated by Geely Holding Group, focusing on the "passenger car + electrification" route. Its products cover personal outdoor travel, camping and light commercial transportation scenarios, with production based at the Zibo Smart Factory in Shandong. This full acquisition signals Geely’s intention to allocate more resources to the promising new energy pickup segment.