Zeekr Group bought out Volvo's share in Lynk & Co in February, as part of a brand reshuffle within their parent Geely. Geely-owned Lynk & Co will launch a plug-in hybrid SUV in June with the longest electric range in Europe,

January saw the number of Tesla vehicles newly registered within the EU decline by 50.3% compared to January 2024, according to industry association ACEA. Chinese manufacturer SAIC Motors saw a 76.5% plus in registrations during the same time period.

French automaker Renault and China's Zhejiang Geely Holding (GEELY.UL) said in a joint statement on Monday that they have reached an agreement to produce and sell zero- and low-emission vehicles in Brazil.

Renault SA is forecasting roughly stable returns this year as the French manufacturer continues an overhaul of its lineup to counter muted demand for electric vehicles in Europe.

Energy Secretary of UK, Ed Miliband, is set to visit China from 17 to 19 March to revive talks on energy cooperation and engage with Chinese investors, sources familiar with the matter said. This marks a key step in the Labour government’s efforts to strengthen UK-China ties.

Production and distribution partnership comes as China’s carmakers look for friendly global markets amid US and European tariffs.