Geely Holding reported H1 2026 revenue of 173.6B RMB, up 28% YoY, with core net profit up 46%. The group announced it will stop all pure ICE vehicle R&D.
2361 day ago
June 2026 data reveals a historic milestone: Chinese passenger car brands have surpassed Japanese manufacturers in European sales volume for the first time. BYD, SAIC MG and Geely Lynk & Co continue to expand market share while Toyota and Honda struggle with slow electrification. Chinese NEVs are accelerating penetration through technology leadership and cost advantages, complemented by local production and KD assembly strategies that effectively navigate tariff barriers.
48545 days ago
EX1000
