Geely Auto

Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership aims to strengthen Ford's competitiveness in Europe amid rising Chinese automaker influence and global market challenges. The venture, pending regulatory approval, will produce five vehicles, including Ford's Kuga plug-in hybrid, a new Bronco SUV, and Geely's electric SUVs, starting in 2028.

Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain factory. The partnership, pending regulatory approval, will focus on five vehicles, including the Ford Kuga plug-in hybrid, a new Bronco SUV, and two Geely electric SUVs, starting production in 2028. Ford and Geely aim to compete with Chinese automakers dominating global markets while addressing challenges in the U.S. electric vehicle sector and geopolitical tensions.

Ford and Chinese automaker Geely Auto announced a joint venture to manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain factory. The partnership focuses on producing environmentally sustainable vehicles in Spain.

Ford and Geely Auto will form a joint venture in Spain to manufacture low- and zero-emission vehicles at Ford's Valencia factory. The partnership focuses on producing environmentally sustainable automotive models.

Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership, pending regulatory approval, will focus on five vehicles, including Ford's Kuga plug-in hybrid and a new Bronco SUV, as well as two Geely electric SUVs and a jointly developed crossover model starting in 2028.

Geely Auto, China’s second-largest carmaker, has partnered with Ford Motor to use a redundant factory in Spain to build electric vehicles, with deliveries expected in 2028. The joint venture will assemble multi-energy cars at an idle plant in Almussafes, with Geely holding a 34% stake.

China’s Geely Auto partners with Ford to use Spain's idle Almussafes factory for EV production, with deliveries starting in 2028. The joint venture sees Geely holding 34% and Ford the remaining stake.

At least 14 new smart vehicles are debuting at Hong Kong's International Automobile and Supply Chain Expo, with Chinese carmakers using the city to test global strategies and showcase technology. Companies like Geely Auto, GAC Group, and Baidu are participating, highlighting Hong Kong's role as a proving ground for international expansion.

Geely Auto, China’s second-largest carmaker, aims to host the Superbike World Championship (WSBK) in China through a partnership with ZXMOTO, seeking to enhance its global image as a tech-driven brand. Billionaire Li Shufu and Zhang Xue, owner of ZXMOTO, agreed to jointly promote China’s bid to host the WSBK.

Geely Auto is restructuring assets to eliminate excess production capacity and enhance global competitiveness, as stated by Chairman Li Shufu at the Chongqing Auto Show. The company aims to assess and address oversupply across units through closures, suspensions, mergers, or sales.

Geely Auto plans to reduce excess capacity through asset restructuring and expand globally to enhance competitiveness, as stated by Chairman Li Shufu at the Chongqing Auto Show. The company faces fierce competition from BYD in China's automotive market.

BYD has regained its position as China’s leading carmaker, surpassing Geely Auto as global demand for battery-powered vehicles accelerates due to the energy crisis. The surge in oil prices, driven by the US-Israel war with Iran, boosted BYD’s overseas deliveries by 76% year on year.

The global energy crisis has helped BYD surpass Geely Auto in China's automotive sector as demand for battery-powered vehicles increases, driven by rising oil prices from the US-Israel war with Iran. BYD's overseas deliveries surged 76% year on year.

Sales of electric vehicles (EVs) in China recovered in May as new models with advanced technology attracted buyers. Zeekr and Leapmotor, supported by Geely Auto and Stellantis respectively, set delivery records, driven by local government subsidies boosting consumer demand.

Sales of electric vehicles in China recovered in May due to new models with advanced batteries and driver assistance systems. Zeekr and Leapmotor set new delivery records, driven by local government subsidies boosting consumer demand.