Geely

Geely Plans to Consolidate Zeekr and Lynk & Co Brands for Cost Efficiency

1 month ago

In a strategic move aimed at optimizing operations and reducing costs, Geely, the Chinese automotive giant, has announced plans to integrate its electric vehicle brand Zeekr with its Lynk & Co brand. This merger symbolizes Geely’s ongoing efforts to streamline its offerings in an increasingly competitive automotive market, particularly as electric vehicles (EVs) gain traction globally.

Geely's Earnings Skyrocket as Annual Sales Approach Two Million Milestone

1 month ago

In a remarkable display of growth, Geely Auto Group has reported an impressive surge in its earnings, highlighting the company’s successful navigation of a fiercely competitive automotive landscape. The Chinese automotive manufacturer is on track to meet its ambitious annual sales target, which hovers near the two million vehicle mark. This achievement is not just a celebration of numbers but a testament to Geely's strategic initiatives and adaptability in a rapidly evolving market.

Geely Pursues Over $2 Billion Loan to Refinance Volvo Truck Acquisition

2 months ago

Geely, the Chinese automotive giant, is on a quest to secure over $2 billion in loans to refinance its recent acquisition of a controlling stake in Volvo Trucks. This move is a crucial step for Geely as it attempts to streamline its financial commitments linked to the substantial $3.3 billion deal finalized in June.

China's Electric Vehicle Exports to EU Surge Ahead of New Tariffs

2 months ago

In a surprising turn of events, Chinese electric vehicle (EV) exports to the European Union have witnessed a dramatic increase as manufacturers race to ship their vehicles before newly implemented tariffs come into effect. This surge reflects not only the growing global demand for EVs but also the strategic moves by Chinese automakers to secure market presence within the EU.

Chinese Auto Industry's Unique Fusion: Are Hotpot-Themed Cars Going Overboard?

2 months ago

The Chinese automotive market has always been notorious for its innovative and often eccentric marketing tactics. Recently, it has stirred up a unique concoction—combining delicious culinary themes with high-performance vehicles. This unusual fusion has entered the realm of gimmicks, prompting industry watchers to question whether the charm of novelty is taking precedence over practicality.

Geely's Lynk & Co Launches Innovative Electric Vehicle in Milan Amid Tariff Reductions

2 months ago

In a significant move for the electric vehicle (EV) market, Geely's Lynk & Co introduced its latest model during a revealing event in Milan on October 11, 2024. The launch comes at a time when tariffs on imported vehicles are easing, providing an advantageous environment for automakers to strengthen their foothold in the European market.