Geely Auto

New Business

China’s EV makers post electrifying sales before incentives are phased out next year

At least three Chinese electric vehicle (EV) assemblers rewrote their monthly sales records in November, as consumers rushed to dealers…

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New Business

Geely’s third-quarter revenue and profit soar on surging EV sales in mainland China

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a…

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New Business

Chinese tycoon Li Shufu’s Geely Auto posts first-half profit decline, but beats estimates

Profit for the January to June period came in at 9.3 billion yuan (US$1.3 billion) versus 10.8 billion yuan a…

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New Business

Chinese EV maker Zeekr plugs in to hybrids to tap into soaring sales, expand model range

Zeekr, a premium electric vehicle (EV) unit of Geely Auto, has jumped on the hybrid technology bandwagon to widen its…

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New Business

CATL executive warns of risks from EV price cuts, calls on Beijing to intervene

A senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities…

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China’s Geely to stop building new car plants amid severe global overcapacity: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely…

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Chinese drone maker EHang sees flying taxis take off by 2030 on the mainland

Flying taxis could be used for public transport within the next five years on the mainland, according to a senior…

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Hong Kong prepares for a grand homecoming as mainland firms face US delisting threats

In the second instalment of a three-part series on financial decoupling between China and the US, experts tell the Post…

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BYD and Chinese EV peers eye South Korea as export market

Chinese electric vehicle (EV) makers led by BYD have set their sights on South Korea to chase fresh growth and…

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New Business

Hong Kong stocks drop for fifth day as trade-war fears mount

Hong Kong stocks fell for the fifth straight day on Thursday, marking the longest losing streak in two months, as…

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