Geely
Chinese carmakers shift to ‘asset-light’ models in overseas expansion
The technology-for-equity deal is designed around deep operational integration
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx’s initial plans for overseas expansion relied largely on exports from China
Geely profit climbs despite competition, regulatory scrutiny
While momentum at home is strong, the company’s exports are under pressure from plummeting sales in Russia
Global EV sales growth slows to 15% in August, research firm says
Growth in other markets has partially made up for the China weakness
Chinese carmakers resist Beijing’s call to end brutal price war
Foreign automakers in China, at least, appear to be taking more heed
Geely profit beats estimates amid reshuffle, sector scrutiny
Chinese car manufacturers are facing heightened scrutiny from authorities over the industry’s long-running price war that’s squeezing margins across the entire auto supply chain
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarter
Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billion
Volvo takes 11.4 billion Swedish kronor charge over tariffs and EV model delays
Carmaker is also struggling to attract EV buyers in the highly competitive Chinese market
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall Motor
