TOPIC

/ company

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

View of a section of a Nissan and Mercedes‑Benz joint factory in Aguascalientes, Mexico on Monday. Photo: Reuters

Americas and the Caribbean

Why China’s BYD and Geely are eyeing Mexico’s idle auto plants

With Mexico’s auto sector battered by tariffs, Chinese investment offers a lifeline that threatens to inflame tensions with Washington.

12 Feb 2026 - 10:30PMvideocam

China-Latin America relations

China becomes Brazil’s biggest vehicle exporter in January, surpassing Argentina

10 Feb 2026 - 6:00AMvideocam

Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

9 Feb 2026 - 3:02PM

Hong Kong stock market

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

2 Feb 2026 - 4:43PM

China Telecom’s booth is seen at the Mobile World Congress trade show in Barcelona on March 3, 2025. Photo: Shutterstock

China’s private sector

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

28 Jan 2026 - 11:00AM

Artificial intelligence

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

26 Jan 2026 - 9:00PM

Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

23 Jan 2026 - 10:00AM

Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP

Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

22 Jan 2026 - 7:30AM

Electric & new energy vehicles

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

18 Jan 2026 - 3:00PM

China Future Tech briefing

AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Chinese companies comprised about one in four exhibitors at the world’s largest electronics expo, and they showcased everything from stair-climbing robot vacuum cleaners to AI-powered pet companions.

14 Jan 2026 - 12:11PM

Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Smartphones

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

12 Jan 2026 - 7:00PM

Meizu has cancelled the release of the Meizu 22 Air, a slim handset similar to Apple’s iPhone Air. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

12 Jan 2026 - 5:08PM

US-China trade war

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

From wavering policy to cost gaps, analysts say decades of state backing have given China a decisive edge over US rivals.

17 Jan 2026 - 1:07AMvideocam

Accidents and personal safety

Second street cleaner accident in a week as Hongkonger, 74, struck by car

Group representing industrial accident victims calls for review of cleaners’ equipment, as another was fatally struck by truck on New Year’s Eve.

7 Jan 2026 - 7:22PM

A 74-year-old cleaner was struck by a left-hand drive Geely car operating on a trade licence plate at a Hong Kong public housing estate on Wednesday. Photo: Now TV

China economy

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

6 Jan 2026 - 4:30PMvideocam

Vehicles awaiting export at the Nanjing Port Longtan area operated by Jiangsu Port Group in Nanjing, in China’s eastern Jiangsu province, on December 8. Photo: AFP

Electric & new energy vehicles

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

6 Jan 2026 - 4:31PM

Electric & new energy vehicles

Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.

4 Jan 2026 - 9:00AM

Autonomous vehicles

How Chinese robotaxi giants are steering Middle East towards a driverless future

WeRide, Baidu and Pony.ai expand operations in the Middle East as UAE promotes clean energy and reduces dependence on oil and gas.

4 Jan 2026 - 12:15PM

A WeRide robotaxi in Abu Dhabi on December 7, 2025. Chinese robotaxi developers see the Middle East as one of their starting points for global expansion. Photo: Coco Feng

Electric & new energy vehicles

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

31 Dec 2025 - 4:30PM

Mergers & Acquisitions

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

25 Dec 2025 - 9:00PM

SCMP Highlights

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

24 Dec 2025 - 3:30PM

BYD’s confidence in Brazil was reinforced in October with the opening of the company’s large passenger vehicle factory in Camacari, in the northeastern state of Bahia. Photo: Handout

Robotics

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

21 Dec 2025 - 7:30AM

A technician teaches a humanoid robot to use a wrench to tighten a bolt at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province. Photo: Xinhua

Volkswagen

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

15 Dec 2025 - 4:31PM

Electric & new energy vehicles

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

15 Dec 2025 - 8:30AM

China manufacturing

From steel to space: China giant sells first 2 satellites in bold pivot

Once forging steel for skyscrapers, Jigang Group is now in a race to the skies with Geely and 90,000 other Chinese companies.

5 Dec 2025 - 5:45PMvideocam

A rocket launchpad is seen amid flags at the Jiuquan Satellite Launch Centre on October 30. China’s commercial space industry is expected to grow rapidly in the coming years. Photo: EPA

China exports

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

11 Dec 2025 - 11:24AMvideocam

Electric & new energy vehicles

EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

Bloc’s acceptance of a narrow review process from a manufacturer may give others hope that tariffs could be reduced or removed.

4 Dec 2025 - 6:51PMvideocam

China trade

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

11 Dec 2025 - 11:21AMvideocam

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Geely

Why China’s BYD and Geely are eyeing Mexico’s idle auto plants

With Mexico’s auto sector battered by tariffs, Chinese investment offers a lifeline that threatens to inflame tensions with Washington.

China becomes Brazil’s biggest vehicle exporter in January, surpassing Argentina

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

.css-sioo19{color:#c79a00;}AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Chinese companies comprised about one in four exhibitors at the world’s largest electronics expo, and they showcased everything from stair-climbing robot vacuum cleaners to AI-powered pet companions.

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

From wavering policy to cost gaps, analysts say decades of state backing have given China a decisive edge over US rivals.

Second street cleaner accident in a week as Hongkonger, 74, struck by car

Group representing industrial accident victims calls for review of cleaners’ equipment, as another was fatally struck by truck on New Year’s Eve.

.css-1m2rp1p{color:#34b8b5;}Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.

How Chinese robotaxi giants are steering Middle East towards a driverless future

WeRide, Baidu and Pony.ai expand operations in the Middle East as UAE promotes clean energy and reduces dependence on oil and gas.

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

From steel to space: China giant sells first 2 satellites in bold pivot

Once forging steel for skyscrapers, Jigang Group is now in a race to the skies with Geely and 90,000 other Chinese companies.

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

Bloc’s acceptance of a narrow review process from a manufacturer may give others hope that tariffs could be reduced or removed.

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

AI | Humanoid robot guides to hiker exoskeletons: CES 2026 round-up

Opinion | Innovation and exports will winnow China’s car industry in 2026