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China's Geely to launch seven electrified models under new brand Galaxy | Reuters

Feb 23 (Reuters) - China's Geely Auto (0175.HK) said on Thursday it aimed to launch seven electrified models under a new premium brand in the next two years.

Of the seven models planned for the Geely Galaxy brand featuring its self-developed battery system, three will be pure electric cars while four will be hybrid models, the company said in a statement. Mg Suv

China's Geely to launch seven electrified models under new brand Galaxy | Reuters

Geely will deliver the L7 hybrid SUV and L6 hybrid sedan in the second and third quarters of 2023, while the pure electric E8 will be delivered in the fourth quarter, it said.

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Zealand Pharma and partner Boehringer Ingelheim on Wednesday announced positive trial data for their weight-loss treatment and joined the race for a share of a global obesity drug market that is expected to touch $100 billion within a decade.

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China's Geely to launch seven electrified models under new brand Galaxy | Reuters

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