Geely

China sets new benchmarks for global car industry innovation

Beijing’s financial support means China Speed is as much a product of state backing as industrial prowess

China’s embassy in Washington has rejected the automakers’ criticism, saying Chinese-made cars are popular because of their quality and technological innovation.

Some US car buyers envy what they cannot have – affordable Chinese EVs

China has surged past Japan in recent years to become the world’s top vehicle exporter

Andy An, chief executive officer of Zeekr Group, says: “We’re not only considering the Canadian market, but also Brazil, South America, Eastern Europe and South-east Asia.”

Geely eyes Canadian auto market after deal allowing Chinese EVs

The company set a goal to become one of the world’s top five carmakers by the end of the decade

Geely is aiming for sales to increase 14% this year as it pursues its goal to become one of the world’s top five carmakers by the end of the decade.

Geely profit beats estimates as sales approach those of BYD

The Hong Kong-listed arm of billionaire Li Shufu’s auto empire is just over a year into a major overhaul it began in late 2024

Geely’s growing lead over BYD shows that a major restructuring to streamline its brands is bearing fruit.

Geely extends lead over BYD with biggest sales gap since 2022

Carmakers are rolling out ultra-long-term financing programmes

Many domestic EV-makers have managed to shorten their R&D cycles for new cars to under two years, a production line manager at a carmaker told Caixin.

Chinese automakers’ need for speed comes with a price

Chinese regulators have taken notice of the drawbacks of short R&D cycles

BYD’s Hong Kong-listed shares dropped 7.8 per cent to HK$90.10, the lowest level since Feb 3, 2025.

BYD leads Chinese automaker sell-off on weakening sales

The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown

Volkswagen’s two JVs in China held a combined 10.9% share in terms of retail sales, down from 12.2% in 2024.

Volkswagen drops to third in China sales as fast-growing Geely Auto pips it

Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs

Even in countries that welcome Chinese investment, Geely has preferred partnering with local automakers to jointly operate or upgrade existing facilities.

Chinese carmakers shift to ‘asset-light’ models in overseas expansion

The technology-for-equity deal is designed around deep operational integration