Geely will purge excess factory capacity and focus on becoming a global competitor to BYD
TL;DR Geely will close, merge, or sell redundant factories as it shifts from China’s price war to an international push, with overseas sales up 158%. Geely Auto chairman Li Shufu told the Chongqing Auto Show on Friday that the company will assess excess capacity across all its units and determine…
bubmagJune 14, 2026