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SAIC Motors’ electric vehicles at the Dongdu port in Xiamen city in southeastern China’s Fujian province, bound for Europe, on January 23, 2024. Photo: Xinhua.

China’s biggest EV tariff victims toe the line on Europe’s levies

The two denials followed Monday’s statement by the Ministry of Commerce that a state-backed guild was solely authorised to engage with the EU in tariff talks.

Beijing to China EV makers: avoid investing in tariff-backing EU countries

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EU to go ahead with tariffs on Chinese EVs after failure in talks

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China EVs: Geely’s Zeekr launches MPV aimed at middle-income families

Zeekr called its Mix MPV ‘an intelligent living room on wheels’.

The Zeekr Mix at its launch event in Hangzhou on Wednesday. Photo: Zeekr

When it comes to EVs, Chinese consumers are spoiled for choice

Extended range, autonomous driving, sofas, refrigerators … BYD, Li Auto, Xpeng, Geely, Nio and others tick all the boxes in their pursuit of consumers.

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China’s security ministry accuses foreign company of illegal mapping

The foreign company had outsourced the job to a Chinese firm licensed for mapping, according to China’s State Security Ministry.

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China EV tariff vote leaves EU relieved yet wary of retaliation

Decision to slap duties of up to 35 per cent on mainland imports lays bare divisions in European leadership as complex negotiations continue.

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New European Union tariffs on mainland-made EVs, such as these by Chinese luxury brand Voyah, will be imposed by October 31 for five years. Photo: Xinhua

Opinion | Why China’s EV start-ups can now breathe a little easier

Despite funding gaps and price wars, EV newcomers may have been thrown a lifeline by Beijing’s economic stimulus, if it reignites investor interest.

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EU votes for tariffs on Chinese-made EVs in blockbuster trade row

China, which had lobbied with Germany for the tariffs to be rejected, says it will do all it can to safeguard the interests of Chinese companies.

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Opinion | How Chinese EV makers can survive and thrive in Europe

China can produce affordable EVs for the world if executives adapt their management practices to fit with European cultural norms and regulations.

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Illustration: Craig Stephens

Make Chinese cars in Russia, industry group urges manufacturers as costs mount

‘In a few years, imported cars will become a rarity’ in Russia, says chairman of Russia-Asia Union of Industrialists and Entrepreneurs.

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Chinese automobile makers are being encouraged to localise production in Russia to reduce expenses related to production, logistics and customs. Photo: AFP

Alibaba, Nvidia collaborate on advanced autonomous-driving solution

This collaboration marks the first time Alibaba Cloud’s AI models get integrated into Nvidia’s Drive automotive platform.

Geely piles pressure on Tesla as China’s EV discount war intensifies

Geely Auto’s Zeekr Intelligent Technology unit priced the 7X at 229,900 yuan as deliveries began on Friday.

China’s Geely unveils first compact EV to compete with BYD Seagull

The Xingyuan will compete head-on with BYD’s Seagull car to attract young, first-time car buyers amid an ongoing price war in the local market.

Geely’s new compact EV, the Xingyuan. Photo: WEIBO/GEELY

China’s EV makers scramble for EU tariff deal, with price floor on the table

Chinese carmakers offering to set minimum prices and volume limits, but insiders say proposals are unlikely to convince Brussels.

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The EU has complained that cheap, exported Chinese vehicles threaten the future of the European car industry. Photo: AFP

Geely’s Zeekr unit rolls out a midsize SUV to rival Tesla’s Model Y

Shanghai-made Model Y, which sells from a basic catalogue price of 249,900 yuan (US$35,239), is mainland China’s bestselling midsize SUV, outselling all electric and petroleum-driven models.

Tesla reaps benefits as EU cuts planned tariffs on Chinese-made EVs

Elon Musk’s firm will face the lowest rate of 9 per cent, but more Chinese companies will have to pay much higher rates.

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Here’s why tiny Hong Kong is so important for China’s EV producers

Carmakers are turning to Hong Kong as buyers shed their disdain for made-in-China EVs, while companies use the opportunity to fine-tune their products that appeal to markets in Asia and elsewhere.

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Illustration: Lau Ka-kuen

Zeekr unveils ultra-fast-charging EV battery in China’s electrification push

Zeekr will start delivering its refreshed 007 sedan, fitted with the latest battery technology, from Wednesday, the premium EV maker said in a statement.

Malaysia launches home-grown electric car as Chinese EV makers target market

Proton’s new e.MAS7 model will face an influx of Chinese EVs as US and EU tariffs push manufacturers to pivot to Southeast Asia.

China’s EV sales cruise along, while price war pushes profits further off for most

Li Auto and Geely’s Zeekr turned in the strongest growth in July, while Xpeng and Nio delivered more modest increases.

Employees work on an assembly line of Li Auto in Changzhou, in eastern China’s Jiangsu province. Photo: AFP

Chinese EV makers race to Southeast Asia for growth amid US trade war

As Western markets impose more tariffs on them, Chinese EV makers are expanding their presence across the region.

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BYD vehicles ready for export are pictured at port Lianyungang port in China’s Jiangsu province. Photo: China Daily via Reuters

Chinese EV makers shielded by hefty margins as EU unleashes tariff blitz

Chinese-made electric cars have a massive production cost advantage over their European rivals, which will allow them to gain market share despite the EU’s punitive tariffs

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Chinese EV maker Xpeng’s flying car takes first flight in Beijing

X2, a flying car made by Xpeng affiliate AeroHT, took off at Beijing Daxing International Airport, as the firm moves closer to commercialising its aircraft.

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Geely-owned Volvo shifting EV production to Belgium from China, report says

The carmaker will start making the EX30 and EX90 models in Belgium and may also shift the production of other models bound for the UK, the Times reported.

Geely-owned Volvo is seen as the most exposed among Western carmakers to the potential EU tariffs. Photo: dpa

Chinese hotpot chain Haidilao’s global growth plan gets boost after US listing

Haidilao operator Super Hi International plans to use 70 per cent of the listing proceeds to strengthen brand and expand network globally. The US debut adds momentum for Chinese firms weighing a listing abroad.

Super Hi International Holding, the operator of the Haidilao hotpot chain, listed on Nasdaq recently. Photo: Nasdaq

TikTok owner ByteDance launches low-cost Doubao AI models in crowded market

ByteDance’s aggressive pricing for its Doubao large language model family shows the increased opportunity in mainland China, where more firms are scrambling to adopt GenAI tools.

From mobile phones to EVs, Xiaomi shifts gears successfully

Chinese smartphone maker Xiaomi has become the country’s eighth-largest EV upstart after selling more than 7,000 units of its SU7 sedan in April, according to industry data.

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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
last updated:
30 September, 2024
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