TOPIC

/ company

Geely

Geely is a major Chinese carmaker. It sells vehicles under its own brands, including Geely Auto, Geometry, Livan and Zeekr. In 2010, Geely acquired Volvo from Ford, and it purchased a majority stake in the Lotus brand in 2017. It also operates the Smart brand under a joint venture with Mercedes-Benz.

Chairman / President

Li Shufu

CEO / Managing Director

An Conghui

CFO / Finance Director

Feng Qing

Industry

Automobiles

Website

geelyauto.com.hk

Headquarters address

Room 2202, 22nd Floor, Wanhchai Tower, 12 Harbour Road, Wanchai, Hong Kong

Stock Code

SEHK:00175

Year founded

1986

Geely

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The man who once presided over one of Malaysia’s most heavily protected companies has told Malays to stop relying on the state.

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Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers.

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Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.

From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets

BYD, Geely and Xpeng showcase eye-catching EVs at Beijing auto show as they build momentum in Europe and target more discerning buyers.

BYD, Geely benefit from overseas orders amid Middle East energy shock

Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost.

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International carmakers launch tailored models and accelerate R&D as they scramble to match the speed and sophistication of domestic rivals.

Geely joins Chery, BYD in profit slide as China car sales plunge

Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook.

.css-19im5qg{color:#c79a00;}AI | China’s physical AI prowess on roads, in skies and factories

Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.

Xpeng sets August goal to overtake Tesla’s self-driving tech in China

Carmaker bets on training AI in China’s dense urban roads to build a competitive advantage for expansion into Europe and Southeast Asia.

Chinese EV makers target global expansion at Auto China amid energy shock

Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.

Jump in EU EV sales amid Iran war boosts Chinese brands’ fortunes

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Consolidation, scale and technology advantages enhance pricing power as firm’s domestic market share hits 18-month high.

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.

Meter running: CaoCao backs heavy-asset play to scale robotaxis

Geely-backed firm targets 100,000 autonomous vehicles by 2030, banking on tighter control of cars, tech and operations to drive efficiency.

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Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

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Earnings at China’s EV leader fall short of expectations amid intense domestic competition.

AI | China’s physical AI prowess on roads, in skies and factories