Etiqueta: volvo

Stable market in April and throughout 2025 so far

As Volvo struggles with falling EV sales, sister brand Geely surges ahead.

[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium electric car brand Zeekr private.

Sometimes a U-turn is necessary. China's Geely Auto is offering to take electric-vehicle unit Zeekr private less than a year after the company's debut in New York. Absorbing the $6.4 billion entity will help Geely group founder Li Shufu extract synergies from his auto empire in an opportunistically timed deal.

A message from the US Chamber of Commerce The US Chamber of Commerce is pleased to present this independent report, prepared by Rhodium Group, assessing China’s Made in China 2025 (MIC25) policy.…

BYD has a claimed range of up to 567 km on a single charge. It is offered in two variants.

China’s share of the UK car market has soared in the last two years to make up more than 10 per cent of imports as Brits embrace an influx of new, cheaper models. Many of China’s biggest manufacturers, from BYD to Geely, are jostling to become the dominant player in the UK EV segment, setting [...]

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.

China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas