CA Auto Finance named exclusive partner for Geely Auto UK

Core Insights - CA Auto Finance has been confirmed as the exclusive financial partner for Geely Auto UK, supporting the launch of the Geely EX5 in the UK market [1] - The partnership aims to leverage CA Auto Finance's regional experience to facilitate Geely's entry into the UK, focusing on long-term growth and sustainable mobility [1][4] Financial Options - Geely customers in the UK will have access to various finance options through CA Auto Finance, including Personal Contract Purchase (PCP), Hire Purchase (HP), and Advance Payment Plan (APP) [2] - Leasing options available include Personal Contract Hire (PCH) and Business Contract Hire (BCH), along with wholesale finance solutions for the dealer network [2] Market Strategy - Geely's UK debut aims to address consumer concerns regarding range, charging, and usability of electric vehicles, with CA Auto Finance chosen for its market knowledge and established network [3] - The collaboration is expected to enhance the variety and accessibility of sustainable mobility solutions for UK drivers [4] Company Background - Geely, the majority owner of brands such as Volvo Cars, Polestar, Lotus, and LEVC, has made significant investments in electrification and intelligent mobility systems [5] - The company's strategy focuses on sustainability and developing technologies to meet evolving consumer needs [5]