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 self-developed car carrier BYD Shenzhen, the world’s biggest, sets off on its maiden voyage with more than 7,000 new energy vehicles on April 27, 2025, from Suzhou, Jiangsu province. Photo: Imago via Zuma Press/TNS

Electric & new energy vehicles

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

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

1 Apr 2026 - 7:30AM

Mainland China

How China’s EV makers think they can outrun disastrous price wars

28 Mar 2026 - 10:03AM

Electric & new energy vehicles

BYD’s four-year profit run ends, eyes global markets as next engine of growth

27 Mar 2026 - 10:00PM

Automotive industry

VW pulls Skoda brand from China after years of falling sales

Czech brand’s mainland sales declined from 341,000 in 2018 to around 15,000 last year as domestic carmakers’ EVs won market share.

26 Mar 2026 - 6:30PM

A Skoda Peaq electric car is seen during the opening of a new battery assembly hall at the Skoda factory in Mlada Boleslav in the Czech Republic on February 27, 2026. Photo: AFP

China exports

The Iran war could widen China’s EV lead over its global rivals. Here’s why

The ‘eye-watering’ surge in oil prices may push consumers around the world to switch to electric cars, boosting Chinese brands, analysts say.

24 Mar 2026 - 10:50AMvideocam

Electric & new energy vehicles

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

24 Mar 2026 - 7:44AM

Robotics

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

23 Mar 2026 - 9:45PMvideocam

Students view a humanoid robot based on the Unitree G1 platform in Zagreb, Croatia, on February 25, 2026. Photo: Xinhua

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

Great Wall Motors, Geely and other Chinese carmakers are using an asset-light strategy to accelerate their growth overseas.

15 Mar 2026 - 8:00PM

Electric & new energy vehicles

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

The US carmaker’s Shanghai Gigafactory delivered nearly 58,600 vehicles last month, with the Model Y topping the sales chart.

13 Mar 2026 - 4:56PMvideocam

Tesla cars are displayed outside a showroom in Chongqing, China. Photo: Getty Images

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

Last month, BYD sold 100,600 units overseas, 53 per cent of its total. Photo: AFP

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

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

Shanghai-based Nio is the only mainland carmaker that builds swap-ready EVs. Photo: Facebook/Nio

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

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