Geely Automobile Holdings Ltd (GELYF)
China's Geely scouting locations for Europe plant
Chinese carmaker Geely is scouting locations for a plant in Europe but has not committed fully to building up local production, executives from the car conglomerate said in interviews with Reuters in Frankfurt.
China's Geely Automotive revs up profits 575%
China's Geely Automotive, owner of Volvo, Polestar and Lotus in the West and regional brands such as Proton and Zeekr, announced a 575% increase in profits in the first half of the year. Revenue of RMB 107.305 billion ($15 billion) was up 46.6% year on year, while net profit jumped to RMB 10.598 billion ($1.5 billion).
China's Geely expresses disappointment in EU tariff decision, vows 'necessary measures' to safeguard rights
Chinese automaker Geely (GEELY.UL) on Thursday expressed "great disappointment" in the European Union's decision to increase tariffs on Chinese-made electric vehicles, vowing "all necessary measures" to safeguard its legitimate rights.
China's Geely to launch hybrids with more fuel-efficient engines
China's Geely Holding Group (GEELY.UL) on Wednesday said it would launch a series of hybrid models in the first half of next year equipped with its next-generation, more fuel-efficient engine.
