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

The Exchange Square in Central. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks edge higher on tech gains

Meituan, Kuaishou and Alibaba help lift Hang Seng Index.

33 minutes ago

US-China trade war

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

8 Jan 2026 - 4:53AMvideocam

Accidents and personal safety

Second street cleaner accident in a week as Hongkonger, 74, struck by car

7 Jan 2026 - 7:22PM

China economy

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

6 Jan 2026 - 4:30PMvideocam

Vehicles awaiting export at the Nanjing Port Longtan area operated by Jiangsu Port Group in Nanjing, in China’s eastern Jiangsu province, on December 8. Photo: AFP

Electric & new energy vehicles

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

6 Jan 2026 - 4:31PM

Electric & new energy vehicles

Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.

4 Jan 2026 - 9:00AM

Autonomous vehicles

How Chinese robotaxi giants are steering Middle East towards a driverless future

WeRide, Baidu and Pony.ai expand operations in the Middle East as UAE promotes clean energy and reduces dependence on oil and gas.

4 Jan 2026 - 12:15PM

A WeRide robotaxi in Abu Dhabi on December 7, 2025. Chinese robotaxi developers see the Middle East as one of their starting points for global expansion. Photo: Coco Feng

Electric & new energy vehicles

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

31 Dec 2025 - 4:30PM

Mergers & Acquisitions

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

25 Dec 2025 - 9:00PM

SCMP Highlights

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

24 Dec 2025 - 3:30PM

BYD’s confidence in Brazil was reinforced in October with the opening of the company’s large passenger vehicle factory in Camacari, in the northeastern state of Bahia. Photo: Handout

Robotics

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

21 Dec 2025 - 7:30AM

A technician teaches a humanoid robot to use a wrench to tighten a bolt at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province. Photo: Xinhua

Volkswagen

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

15 Dec 2025 - 4:31PM

Electric & new energy vehicles

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

15 Dec 2025 - 8:30AM

China manufacturing

From steel to space: China giant sells first 2 satellites in bold pivot

Once forging steel for skyscrapers, Jigang Group is now in a race to the skies with Geely and 90,000 other Chinese companies.

5 Dec 2025 - 5:45PMvideocam

A rocket launchpad is seen amid flags at the Jiuquan Satellite Launch Centre on October 30. China’s commercial space industry is expected to grow rapidly in the coming years. Photo: EPA

China exports

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

11 Dec 2025 - 11:24AMvideocam

Electric & new energy vehicles

EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

Bloc’s acceptance of a narrow review process from a manufacturer may give others hope that tariffs could be reduced or removed.

4 Dec 2025 - 6:51PMvideocam

China trade

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

11 Dec 2025 - 11:21AMvideocam

Electric & new energy vehicles

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

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

2 Dec 2025 - 9:49AMvideocam

Voyah’s monthly sales rose for a fourth straight month, with deliveries rising 16.2 per cent month on month to 20,005 vehicles. Photo: Xinhua

Electric & new energy vehicles

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

28 Nov 2025 - 3:10PM

Made in China 2025

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

28 Nov 2025 - 8:30AM

Electric & new energy vehicles

Volkswagen revs up designed-in-China approach to catch up in EV market

Carmaker says mainland operations can now design and validate new models without approvals from Germany, reducing development time and cost.

26 Nov 2025 - 9:54AM

An aerial view of Volkswagen Group China Technology Company in Hefei, in eastern China’s Anhui province. Photo: Handout

Robotics

UBTech’s 2026 humanoid robots production to grow 10-fold to 5,000

Production cost is falling 20 per cent every year, says UBTech’s chief branding officer Michael Tam during an interview with the Post.

19 Nov 2025 - 10:44PM

UBTech says it is on track to deliver 500 humanoid robots for industrial use by the end of this year. Photo: Handout

Mainland China

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

Carmaker posts a 27 per cent jump in revenue to 89 billion yuan (US$12.5 billion) and a 59 per cent increase in net profit to 3.8 billion yuan.

17 Nov 2025 - 4:29PM

China economy

China economy slows, Taiwan tensions, Nexperia talks

This week: Economic data disappoints, China slams new Japan PM over Taiwan comments, The Sichuan drone carrier starts sea trials; Next week: Dutch delegation visits Beijing for Nexperia talks; EV makers post earnings, arrivals cards go digital and more.

14 Nov 2025 - 5:33PM

Electric & new energy vehicles

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

13 Nov 2025 - 8:30AM

People pass the Hesai Group booth at CES 2025 in Las Vegas, Nevada, on January 9, 2025. Photo: NurPhoto via Getty Images

Artificial intelligence

CaoCao tailgates WeRide into the UAE as flag comes down on China’s driverless race

WeRide wins UAE go-ahead for driverless taxis as CaoCao joins the race in the Middle East.

11 Nov 2025 - 8:15PM

WeRide driverless cars are set be operating commercially in Abu Dhabi by the end of the year. Photo: Handout

Electric & new energy vehicles

Volkswagen bets on EV developed with Xpeng to regain ground in China

The ID Unyx 08 has received government approval to begin production and is expected to enter the market in 2026.

11 Nov 2025 - 3:00PM

Electric & new energy vehicles

Chinese EV makers from Leapmotor to Zeekr challenge Tesla in premium segment

Leapmotor’s D19 luxury SUV, unveiled on Thursday, is likely to be priced below Tesla’s new Model Y L, which starts at US$47,580.

17 Oct 2025 - 2:00PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

Geely

Hong Kong stocks edge higher on tech gains

Meituan, Kuaishou and Alibaba help lift Hang Seng Index.

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

Second street cleaner accident in a week as Hongkonger, 74, struck by car

.css-1m2rp1p{color:#34b8b5;}Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.

How Chinese robotaxi giants are steering Middle East towards a driverless future

WeRide, Baidu and Pony.ai expand operations in the Middle East as UAE promotes clean energy and reduces dependence on oil and gas.

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

From steel to space: China giant sells first 2 satellites in bold pivot

Once forging steel for skyscrapers, Jigang Group is now in a race to the skies with Geely and 90,000 other Chinese companies.

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

Bloc’s acceptance of a narrow review process from a manufacturer may give others hope that tariffs could be reduced or removed.

.css-sioo19{color:#c79a00;}Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

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

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

Volkswagen revs up designed-in-China approach to catch up in EV market

Carmaker says mainland operations can now design and validate new models without approvals from Germany, reducing development time and cost.

UBTech’s 2026 humanoid robots production to grow 10-fold to 5,000

Production cost is falling 20 per cent every year, says UBTech’s chief branding officer Michael Tam during an interview with the Post.

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

Carmaker posts a 27 per cent jump in revenue to 89 billion yuan (US$12.5 billion) and a 59 per cent increase in net profit to 3.8 billion yuan.

China economy slows, Taiwan tensions, Nexperia talks

This week: Economic data disappoints, China slams new Japan PM over Taiwan comments, The Sichuan drone carrier starts sea trials; Next week: Dutch delegation visits Beijing for Nexperia talks; EV makers post earnings, arrivals cards go digital and more.

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

CaoCao tailgates WeRide into the UAE as flag comes down on China’s driverless race

WeRide wins UAE go-ahead for driverless taxis as CaoCao joins the race in the Middle East.

Volkswagen bets on EV developed with Xpeng to regain ground in China

The ID Unyx 08 has received government approval to begin production and is expected to enter the market in 2026.

Chinese EV makers from Leapmotor to Zeekr challenge Tesla in premium segment

Leapmotor’s D19 luxury SUV, unveiled on Thursday, is likely to be priced below Tesla’s new Model Y L, which starts at US$47,580.

Opinion | Innovation and exports will winnow China’s car industry in 2026

Explainer | As China’s companies become industry leaders, where in the world are they going?