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

China’s bestselling EV model Galaxy Xingyuan. Photo: Handout

SCMP Highlights

Geely speeds to the top, BYD’s quest for faster charging: 7 EV reads

From top Chinese carmakers selling more units overseas to Geely’s upper hand in local market, here are seven EV stories you may have missed.

18 Mar 2026 - 3:30PM

Electric & new energy vehicles

Chinese carmakers step up global expansion using idled foreign facilities

15 Mar 2026 - 8:00PM

Electric & new energy vehicles

Tesla’s 91% February sales jump in China defies overall market slowdown

13 Mar 2026 - 4:56PMvideocam

Electric & new energy vehicles

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.

11 Mar 2026 - 4:00PM

Geely Auto’s sales of EVs jumped 10.1 per cent to 241,740 units in the first two months of the year from a year earlier. Photo: Shutterstock

Formula One (F1)

China’s BYD explores entering Formula 1 in company’s first push into motor racing

Company is looking at options amid sport’s shift towards hybrid engines, but costs of up to US$500 million a season could be a big obstacle.

11 Mar 2026 - 1:21PM

Hong Kong stock market

Hong Kong stocks slip, led by tech firms, after Beijing’s OpenClaw warning

Tencent and Alibaba lose ground while CATL and Geely buck market trend.

11 Mar 2026 - 5:17PM

Electric & new energy vehicles

Iran war oil shock accelerates Southeast Asia’s EV revolution

Southeast Asia was already going electric. Then war broke out in the Middle East and it started going faster.

8 Mar 2026 - 10:00AMvideocam

Electric cars inside BYD’s first EV factory in Thailand. Observers say this year has proved a turning point for EV uptake across Southeast Asia. Photo: Reuters

Electric & new energy vehicles

Top Chinese EV makers are selling more cars overseas than at home

Top EV makers such as BYD, Great Wall Motor and Chery are selling more cars in overseas markets than at home.

6 Mar 2026 - 3:29PM

CATL

China’s EV battery leader CATL to step up use of AI in R&D: founder

Billionaire Robin Zeng Yuqun promises higher investment, touts ‘resilient supply chain and ecosystem’ driving export growth.

4 Mar 2026 - 7:00PM

SCMP Highlights

Low-cost models rule China sales; Geely’s bets amid price wars: 7 EV reads

From rising battery costs to Xpeng’s CEO calling to skip a step in self-driving cars, here are seven EV stories you may have missed.

4 Mar 2026 - 3:30PM

Geely’s Xingyuan was the top-selling EV in China last year. Photo: Weibo

Two Sessions 2026

Chinese officials, car executives may discuss capping EV output

As China’s EV industry faces slowing growth, officials may discuss capping output and boosting tech innovation to combat price wars.

2 Mar 2026 - 4:00PM

Employees work on the assembly line of new energy vehicles at Zero Run’s plant in Jinhua, Zhejiang province. Photo: VCG via Getty Images

Robotics

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

27 Feb 2026 - 2:49PM

Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

24 Feb 2026 - 7:47PM

Electric & new energy vehicles

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

23 Feb 2026 - 10:43PM

Geely’s Xingyuan was the top-selling EV on the mainland last year. Photo: Weibo

Electric & new energy vehicles

Geely’s Zeekr shifts into Italy as China’s European EV push gathers speed

The carmaker is pressing ahead despite tariffs on Chinese electric vehicles, betting on demand for high-spec models.

20 Feb 2026 - 12:43PM

Zeekr is betting on European demand for high-spec models in its foray into Italy. Photo: Getty Images

US-China trade war

Has Trump ceded EV market to China with latest string of policy shifts?

Analysts say rolling back regulations pushes US further towards petrol cars, discourages EV innovation, and gives China competitive edge.

19 Feb 2026 - 3:58AMvideocam

Americas and the Caribbean

Why China’s BYD and Geely are eyeing Mexico’s idle auto plants

With Mexico’s auto sector battered by tariffs, Chinese investment offers a lifeline that threatens to inflame tensions with Washington.

12 Feb 2026 - 10:30PMvideocam

China-Latin America relations

China becomes Brazil’s biggest vehicle exporter in January, surpassing Argentina

The shift ends more than three decades of Argentine dominance, built on Mercosur rules and geographic proximity to Brazil’s car dealers.

10 Feb 2026 - 6:00AMvideocam

In May, BYD unloaded 7,292 electric vehicles at Itajai port in southern Brazil using its own cargo ships. Photo: Handout

Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

9 Feb 2026 - 3:02PM

Hong Kong stock market

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

2 Feb 2026 - 4:43PM

China’s private sector

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

28 Jan 2026 - 11:00AM

Brian Gu, vice chairman and co-president of Xpeng. Photo: Li Cao

Artificial intelligence

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

26 Jan 2026 - 9:00PM

StepFun has wrapped up a 5 billion yuan (US$690 million) Series B+ funding round and sharpened its focus on so-called “physical AI”. Photo: Handout

Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

23 Jan 2026 - 10:00AM

Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

22 Jan 2026 - 7:30AM

Electric & new energy vehicles

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

18 Jan 2026 - 3:00PM

Ora cars from Great Wall Motor are parked in a parking lot at JadeWeserPort in Germany. Photo: dpa

China Future Tech briefing

AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Chinese companies comprised about one in four exhibitors at the world’s largest electronics expo, and they showcased everything from stair-climbing robot vacuum cleaners to AI-powered pet companions.

14 Jan 2026 - 12:11PM

Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Smartphones

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

12 Jan 2026 - 7:00PM

Hong Kong stock market

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

12 Jan 2026 - 5:08PM

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Geely

Geely speeds to the top, BYD’s quest for faster charging: 7 EV reads

From top Chinese carmakers selling more units overseas to Geely’s upper hand in local market, here are seven EV stories you may have missed.

Chinese carmakers step up global expansion using idled foreign facilities

Tesla’s 91% February sales jump in China defies overall market slowdown

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.

China’s BYD explores entering Formula 1 in company’s first push into motor racing

Company is looking at options amid sport’s shift towards hybrid engines, but costs of up to US$500 million a season could be a big obstacle.

Hong Kong stocks slip, led by tech firms, after Beijing’s OpenClaw warning

Tencent and Alibaba lose ground while CATL and Geely buck market trend.

Iran war oil shock accelerates Southeast Asia’s EV revolution

Southeast Asia was already going electric. Then war broke out in the Middle East and it started going faster.

Top Chinese EV makers are selling more cars overseas than at home

Top EV makers such as BYD, Great Wall Motor and Chery are selling more cars in overseas markets than at home.

China’s EV battery leader CATL to step up use of AI in R&D: founder

Billionaire Robin Zeng Yuqun promises higher investment, touts ‘resilient supply chain and ecosystem’ driving export growth.

Low-cost models rule China sales; Geely’s bets amid price wars: 7 EV reads

From rising battery costs to Xpeng’s CEO calling to skip a step in self-driving cars, here are seven EV stories you may have missed.

Chinese officials, car executives may discuss capping EV output

As China’s EV industry faces slowing growth, officials may discuss capping output and boosting tech innovation to combat price wars.

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

Geely’s Zeekr shifts into Italy as China’s European EV push gathers speed

The carmaker is pressing ahead despite tariffs on Chinese electric vehicles, betting on demand for high-spec models.

Has Trump ceded EV market to China with latest string of policy shifts?

Analysts say rolling back regulations pushes US further towards petrol cars, discourages EV innovation, and gives China competitive edge.

Why China’s BYD and Geely are eyeing Mexico’s idle auto plants

With Mexico’s auto sector battered by tariffs, Chinese investment offers a lifeline that threatens to inflame tensions with Washington.

China becomes Brazil’s biggest vehicle exporter in January, surpassing Argentina

The shift ends more than three decades of Argentine dominance, built on Mercosur rules and geographic proximity to Brazil’s car dealers.

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

.css-19im5qg{color:#c79a00;}AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Chinese companies comprised about one in four exhibitors at the world’s largest electronics expo, and they showcased everything from stair-climbing robot vacuum cleaners to AI-powered pet companions.

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up