Geely

Geely has paused similar projects at other group brands as it directs resources toward Volvo.

Chinese electric and hybrid vehicles are ubiquitous two years after the EU imposed tariffs on EV imports.

Renewed purchase subsidies offer a boon to BYD, while Nissan looks to other markets.

The high-end EV brand aims to offset weak sales in China through its overseas push.

The tactic for dodging tariffs and easing trade tensions could raise costs and compliance risks.

Higher utilization, reduced subsidy reliance, and improved efficiency lift margins as the company reports its first adjusted quarterly profit.

Low EV profits obscure a broader push to expand globally, adapt to local demand, and build long-term positions abroad.

NEV growth and an improved product mix supported the carmaker’s earnings, but profit expansion remained uneven.