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Geely

  • Asia’s other powerhouse

    January 4th 2019

    Already a dynamic and rapidly growing manufacturing hub, South-East Asia’s automotive industry is finding further opportunity in the growth of battery and hybrid vehicle production

  • Unease in the East

    November 21st 2018

    Falling sales, electrification and mega mergers: Nick Gibbs provides an overview of the current automotive industry trends in China

  • The newest link in a growing chain

    May 14th 2018

    Geely intends to leverage its ownership of Volvo to develop and manufacture Lynk & Co models, and introduce a new approach to sales and service

  • Volvo plans Polestar plant in Chengdu

    October 17th 2017

    China – The Swedish company and its Chinese owner, Geely Holding, announced that together they will invest 5 billion yuan ($754.5m) to support Polestar’s product, brand and industrial development, which will include the establishment of a manufacturing facility in Chengdu. The Polestar 1 hybrid coupe will be made there from mid-2019, followed later that year by a full electric vehicle (EV) called Polestar 2…

  • Colonised by China

    September 5th 2017

    South-East Asia has long been a catch that Western and even Korean vehicle-makers have failed to land, with its population of 650m people significantly under-represented in vehicle ownership. But the Chinese are now mounting their most serious attack yet on the domination of Japanese brands in the region, after Geely was announced in May as the new foreign partner of Malaysia’s struggling Proton Cars, beating France’s PSA Group. Geely, which also owns Volvo, joins a list of Chinese vehicle-makers targeting South-East Asia. For example, SAIC is expanding its Thai operations and the SAIC-General Motors brand Wuling, which this year is launching a car designed for Indonesia, has built a new factory there…

  • Getting the green light

    September 4th 2017

    The origins of Chinese vehicle manufacturing are rooted in technology transfers from European, US and Japanese OEMs through joint ventures in which overseas companies could not hold majority stakes. Such rules look likely to be relaxed; according to a recent government report on the future of electric vehicles (EVs), the aim is “to open up the restrictions on joint-venture ownership in an orderly manner”. This is because the government wants to create a new, globally competitive automotive industry focused on EVs, plug-in hybrids and fuel-cell vehicles…

  • Growing Geely

    August 16th 2017

    Go back just four years and the phenomenal success of China’s Zhejiang Geely Holding Group would have been hard to predict. In 2013, one of the sharpest automotive analysts, Max Warburton from Bernstein Research, delivered the following crushing verdict: “Its industrial structure has no logic, its capacity utilisation is dismal and its lack of growth in China is telling.” Fast forward to 2017 and Geely is frantically boosting capacity in China as demand for its cars there soars. Moreover, the company now owns or has stakes in brands outside the country: Volvo, Proton, London Taxi and Lotus. In light of this aggressive expansion it would be unwise to bet against Geely achieving its goal of becoming a globally competitive player…

  • All hail the new taxi

    April 27th 2017

    Combining ingenuity, a bold export plan and a government grant, Geely has launched an all-new LTC electric taxi manufactured at a purpose-built factory

  • After PSA and Opel, who’s next?

    March 23rd 2017

    The acquisition of Opel/Vauxhall by PSA, which should be complete by the end of this year, took the industry by surprise. With Opel/Vauxhall still losing money in Q3 2016, most observers assumed that GM would simply close one or more plants, as on previous occasions, so the idea of the company actually withdrawing from European vehicle manufacturing after 90 years was a shock. As the industry absorbed the news and assessed its implications, it was not long before discussion turned to what might be the next move in terms of industry consolidation…