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Geely

10+ Chinese automakers promise shorter payment periods as pressure mounts on suppliers Geely

10+ Chinese automakers promise shorter payment periods as pressure mounts on suppliers

More than a dozen major Chinese automakers, including BYD, Geely and Xiaomi, have pledged to settle payments to their suppliers within 60 days — the latest development as Beijing vows to take strict measures to contain increasingly disorderly, vicious competition in the auto industry. The commitments align with new rules…
bubmag
June 13, 2025
Spat between BYD and Great Wall Motor intensifies as Geely, GAC join the battle Geely

Spat between BYD and Great Wall Motor intensifies as Geely, GAC join the battle

BYD showcased a dozen of Chinese-branded EV models, including rival Li Auto’s L9 and GAC’s Hyper GT at its headquarters in Shenzhen on Wednesday, August 9, 2023. Credit: Supercharged/Chang Yan A senior executive at China’s Geely showed his support for Great Wall Motor after the company publicly accused BYD of…
bubmag
June 10, 2025
BYD faces strong EV challenge from Geely and Changan in May amid possible regulatory scrutiny Geely

BYD faces strong EV challenge from Geely and Changan in May amid possible regulatory scrutiny

BYD said it last year delivered 280,217 units of the Seagull budget electric vehicle, priced from RMB 73,800 ($10,666), after launch in late April. Credit: BYD Major Chinese automakers Geely and Changan Automobile reported strong electric vehicle sales growth for May, posing serious challenges to leading player BYD which launched…
bubmag
June 4, 2025
Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage Geely

Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage

Home Shipbuilding Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage May 30, 2025, by Naida Hakirevic Prevljak Chinese automaker Geely Holding has celebrated the launch of its first self-owned roll-on/roll-off (RoRo) ship, Geely JISU Fortune, operated by JISU Logistics. Courtesy of Geely Built at local…
bubmag
May 30, 2025
Zeekr’s privatization will save “several billion RMB” in R&D, says Geely chief exec Geely

Zeekr’s privatization will save “several billion RMB” in R&D, says Geely chief exec

Several Lynk & Co models, including the brand's first battery EV Z10, are displayed outside a Geely factory in the northern Chinese city of Zhangjiakou. Credit: Geely/Volvo China’s Geely can save “several billion yuan” each year by taking its New York-listed subsidiary Zeekr private and “fully” integrating the luxury electric…
bubmag
May 16, 2025
Why Geely Chose to Privatize ZEEKR Geely

Why Geely Chose to Privatize ZEEKR

On May 7, 2025, Geely announced a non-binding offer to privatize ZEEKR at a premium, aiming to consolidate its ownership from approximately 65.7% to 100% and delist ZEEKR from the NYSE. Several key factors drove this strategic decision: Geely’s "Taizhou Declaration" in late 2024 signaled a strategic pivot towards eliminating…
bubmag
May 8, 2025
Despite taking Zeekr private, Geely emphasizes willingness to cooperate with global capital markets Geely

Despite taking Zeekr private, Geely emphasizes willingness to cooperate with global capital markets

Geely debuted the Zeekr 001 at its facility in the eastern city of Ningbo on Thursday, April 15, 2021. (Credit: Geely) Geely Holding chairman Li Shufu said on Wednesday the Chinese automaker would “maintain close communication and collaboration with the US and international capital markets,” as it goes ahead with…
bubmag
May 8, 2025