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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

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.

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

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

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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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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.

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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.

Zeekr’s display at a shopping mall in Beijing on November 3, 2023. Photo: Reuters.

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.

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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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.

A Zeekr 7X midsize SUV. Photo: Zeekr Intelligent Technology

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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EVs made by the Chinese car giant BYD face rates of 17 per cent. Photo: AP

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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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.

Proton launched its e.MAS7 electric car on August 2. Photo: Joseph Sipalan

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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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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X2, a flying car made by Xpeng affiliate AeroHT, has completed its maiden flight at Beijing Daxing International Airport. Photo: Handout

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.

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.

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.

ByteDance had tested its Doubao large language model family internally and with selected partners for about a year before its launch on Wednesday. Image: Shutterstock

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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Sales of Xiaomi’s SU7 electric car were brisk in April. Photo: Reuters

A peek at EVs’ future at Beijing show as oil-guzzlers stay on sidelines

The era of battery-powered cars has truly arrived, as EVs dominated the car show. While carmakers still displayed a lot of futuristic concepts, it was the ongoing price war that had people talking.

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Geely’s Zeekr raises US$441 million in biggest Chinese IPO in US since mid-2021

Geely Auto’s premium EV unit raised US$441 million by upsizing its IPO by 20 per cent to accommodate demand, according to two sources. The stock is due to debut in New York on Friday.

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Nio shrugs off China’s EV price war with US$59,000 luxury car

The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.

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Nio founder and CEO William Li Bin at the launch of the EV maker’s refreshed ET 7 model in Beijing on Thursday. Photo: Handout

Strong sales of Xiaomi’s ‘game changer’ SU7 turbocharges China’s EV price war

Strong sales of smartphone vendor Xiaomi’s first electric car have exacerbated a price war in the sector that is squeezing the profit margins of most players in China.

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The SU7, with a driving range of 700 kilometres, has locked in more than 40,000 orders since it went on sale on March 28. Photo: Bloomberg

Nvidia expands ties with Chinese EV makers as auto AI race heats up

BYD, Xpeng and GAC Aion’s Hyper brand announced expanded collaborations with Nvidia on Monday.

Nio working with CATL to develop batteries with longer lifespans

The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan, which could help EV users save tens of thousands of yuan, they say.

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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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