Geely

But partnering local companies carries big risks

Net income declines to 4.2 billion yuan in the three months ended Mar 31, compared with 5.7 billion yuan in the year-ago period

The surge in oil prices due to the Iran war has driven gains in shares of electric vehicle and battery makers as alternative-energy plays

Trump administration officials appear reluctant to remove current barriers to Chinese cars

Large-scale delivery and deployment of the Eva Cab is expected in 2028 before the fleet expands to 100,000 by 2030: CEO of ride-hailing arm

The company is one of China’s largest carmakers, with some of the country’s best-selling EV models

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

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

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