Geely Automobile Holdings Ltd (GELYF)
Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely
Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely [RIC:RIC:GEELY.UL] to cut costs with attempting to keep selling cars to U.S consumers.
China's Geely to share its battery safety patent pool with auto industry
Chinese automaker Geely plans to open its pool of battery safety patents to the entire auto industry, the company said at a media event at the Shanghai auto show on Wednesday.
Geely Could Sell More Than A Million BEVs In 2025
Geely's BEV sales are surging, with a strong possibility of selling 1 million BEVs in 2025. The company aims for 2.71 million total vehicle sales in 2025, with 1.5 million NEVs, driven by new models and AI-powered G-Pilot technology. Geely's financials show strong YoY growth but the free cash flow includes significant working capital changes.
China's Geely to consolidate in-house digital cockpit system R&D teams, source says
China's Geely Group (GEELY.UL) is merging three existing units employing nearly 2,000 engineers to develop digital cockpit systems into a single unified team, said a source with direct knowledge of the situation.
Geely Automobile's Net Surges on Record Exports, Robust Sales
The Chinese automaker's 2024 net profit more than tripled on robust sales and record exports, helping cement its position as a leading player in the intensely competitive EV sector.
Strong Execution Has Made Geely Automobile A Leading Player In EVs
Geely Auto's stock has surged on strong EV sales and market share gains, outperforming competitors like BYD, Li Auto, NIO, and Tesla. The company has transformed into a leading EV player with substantial growth in BEV and PHEV sales, now comprising nearly 50% of total sales. Geely's focus on affordable models with advanced driver assistance systems and AI capabilities positions it well in the competitive Chinese auto market and should drive improved scale benefits.
Geely Auto Is Onto Hybridization
Geely Auto appeals with strong sales growth and wide international network; the planned shift toward a hybrid-heavy portfolio is a bonus. Sales for 2024 grew by 32%, driven by a 53% increase in exports, with significant expansion into Southeast Asia. Geely's breadth of offerings position it well for a recovery in domestic demand.
Exclusive: Geely-backed Ecarx in talks with VW to develop smart cars for Europe, US, CEO says
Volkswagen is in talks with digital cockpit system developer Ecarx to put the Chinese company's technologies in cars it sells in developed markets, such as Europe and United States, Ecarx's CEO said on Wednesday.
China's Geely introduces new smart driving system
Chinese automaker Geely on Monday announced a smart driving system, the new G-Pilot, which will be available on cars under the Geely Auto, Galaxy, Lynk & Co and Zeekr brands.
China's Geely Holding targets over 5 million units of annual sales by 2027
China's Geely Holding Group (GEELY.UL) on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of its sprawling brands and improving efficiency.
UK EV van competition ramps up as Volvo owner Geely enters market
Volvo owner Geely has announced a partnership with distributor Saudi-owned Jameel Motors to break into the UK market for electric vans. Farizon, a Chinese EV manufacturer owned by Geely, will launch its SV vans through Jameel in the first half of next year.
China's Geely denies separate EU talks on EV tariffs
Chinese carmaker Geely Automobile said on Thursday it had never conducted separate negotiations with the European Commission regarding electric vehicle tariffs, refuting recent online reports as "slander".
