SHANGHAI (Reuters) -Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" and that the Chinese automaker had decided not to ...

These seven new models, which the premium brand of the Chinese giant Geely wants to put on the market in just over two years, will include four crossovers, two minivans and a family vehicle specially ...

Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive officer weeks after a shock move to take its US-listed premium electric car brand Zeekr private.

China’s Geely Auto wants to take its luxury EV unit Zeekr off the New York Stock Exchange one year after the company’s debut, per Zeekr filings. The take-private offer comes as the Trump ...

Chinese automaker Geely Automobile on Wednesday offered to pay $2.2 billion to privatise its unit Zeekr just a year after it took the EV brand public in the U.S., saying it wanted to consolidate ...

Geely, which owns 65.7 per cent of Zeekr, made a non-binding offer of US$2.566 per share for the remaining 34.3 per cent of the company in cash or shares, the company said in a Hong Kong stock ...

Geely unveiled the Geely EX5 for the Brazilian market on Wednesday and said the model would go on sale from July, initially in 18 cities with 23 dealerships. It didn't give a timeline for local ...

The company’s 2024 profit jumped 213 per cent from a year earlier to 16.6 billion yuan (US$2.3 billion), with sales increasing 34 per cent to 240.2 billion yuan, Geely said in a filing to the ...

Much of the reason for the Geely brand's success, which has been building for some time, is due to the Xingyue L and Xingyuan models, respectively first and second placed cars in last month’s ...

The 2025 Geely Starray’s starting price is the equivalent of $16,000 USD but can reach approximately $20,000 USD in its home market. Outside of China, the price undercuts most competitors by ...

Geely says the EX5 achieved 20,000 deliveries within 45 days of its launch. Within 100 days of launch, delivery volume exceeded 50,000 units, it says. Geely’s EX5 is equipped with what it ...

At the same time, Geely Auto plans to increase its stake in Zeekr to approximately 62.8%, further supporting the close collaboration of Geely Auto, Lynk & Co and Zeekr brands, improving industrial ...