The EU had enforced tariffs on EVs manufactured in China towards the end of October, following an anti-subsidy investigation. The tariffs included 17.0% for BYD, 18.8% for Geely, and 35.3% for SAIC.
Zeekr Group bought out Volvo's share in Lynk & Co in February, as part of a brand reshuffle within their parent Geely.
This has led European carmakers to turn to rivals such as Tesla (TSLA) and Geely (GELYF) of China. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...
French automaker Renault and China's Zhejiang Geely Holding (GEELY.UL) said in a joint statement on Monday that they have ...
Renault SA is forecasting roughly stable returns this year as the French manufacturer continues an overhaul of its lineup to ...
BRUSSELS (Reuters) -Chinese electric vehicle makers BYD, Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website ...
Gui Shengyue, CEO of Geely Automobile Holdings, one of China’s largest automakers, believes that internal combustion engine (ICE) cars are going to be a key part of the company’s business.
BRUSSELS (Reuters) -Chinese electric vehicle makers BYD, Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website ...
Production and distribution partnership comes as China’s carmakers look for friendly global markets amid US and European ...