TOPIC

/ company

Geely

Geely is a major Chinese carmaker. It sells vehicles under its own brands, including Geely Auto, Geometry, Livan and Zeekr. In 2010, Geely acquired Volvo from Ford, and it purchased a majority stake in the Lotus brand in 2017. It also operates the Smart brand under a joint venture with Mercedes-Benz.

Chairman / President

Li Shufu

CEO / Managing Director

An Conghui

CFO / Finance Director

Feng Qing

Industry

Automobiles

Website

geelyauto.com.hk

Headquarters address

Room 2202, 22nd Floor, Wanhchai Tower, 12 Harbour Road, Wanchai, Hong Kong

Stock Code

SEHK:00175

Year founded

1986

The flagship L9 Livis on display at the Li Auto booth, at the Beijing International Automotive Exhibition (Auto China), April 24, 2026. Photo: Reuters

Hong Kong stock market

Li Auto leads retreat in Chinese EV stocks as price cuts raise profit concerns

The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.

18 May 2026 - 4:44PM

Geely

Li Auto leads retreat in Chinese EV stocks as price cuts raise profit concerns

The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.

Chinese EV makers hunt for idled plants in Europe as they expand global influence

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Tesla lures budget-conscious Chinese buyers ahead of state visit by Trump

US President Donald Trump’s entourage for his three-day trip to China includes Tesla CEO Elon Musk and Tim Cook of Apple.

Chinese brands eye Europe; Geely joins Chery, BYD profit slide: 7 EV reads

From Malaysia’s import curbs to film-projecting headlights, here are seven EV stories you may have missed.

Chinese smart cars set to control 20% of western European market by 2028: JPMorgan

Amid surging demand for electrification and a worldwide energy crisis, domestic carmakers can benefit from the stepped-up ‘go-global’ drive.

‘Spare us’: Malaysians sneer at ex-Proton CEO’s self-reliance sermon

The man who once presided over one of Malaysia’s most heavily protected companies has told Malays to stop relying on the state.

Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production

Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers.

China pours US$6.1b into Brazil, making it Beijing’s top global investment

Chinese miners, carmakers and tech firms are fanned out across 20 states, putting a dent in Washington’s own push throughout the region.

China’s EV battery giants thrive while carmakers’ profits shrink amid price wars

Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.

From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets

BYD, Geely and Xpeng showcase eye-catching EVs at Beijing auto show as they build momentum in Europe and target more discerning buyers.

BYD, Geely benefit from overseas orders amid Middle East energy shock

Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost.

Shifting gears: how foreign giants aim to catch up in China’s EV era

International carmakers launch tailored models and accelerate R&D as they scramble to match the speed and sophistication of domestic rivals.

Geely joins Chery, BYD in profit slide as China car sales plunge

Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook.

.css-19im5qg{color:#c79a00;}AI | China’s physical AI prowess on roads, in skies and factories

Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.

Xpeng sets August goal to overtake Tesla’s self-driving tech in China

Carmaker bets on training AI in China’s dense urban roads to build a competitive advantage for expansion into Europe and Southeast Asia.

Chinese EV makers target global expansion at Auto China amid energy shock

Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.

Jump in EU EV sales amid Iran war boosts Chinese brands’ fortunes

Chinese-made EVs accounted for 16 per cent of the EU market in the year’s first two months, up from 12.2 per cent in 2025, CPCA data shows.

Why Canadians dream of electric vehicle price cuts, thanks to China

Canada slashed tariffs on Chinese EVs from the start of last month, but Chinese brands have yet to set up showrooms.

Chinese EV stocks jump on surging exports, domestic demand hopes

Nio, BYD and Xpeng advance after data shows EV exports more than doubled to just under 1 million in the first quarter.

EVs | Chinese carmakers gear up for L3 self-driving roll-out

Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.

How China’s EV battery king CATL powers up profits while EV makers struggle

Consolidation, scale and technology advantages enhance pricing power as firm’s domestic market share hits 18-month high.

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.

Meter running: CaoCao backs heavy-asset play to scale robotaxis

Geely-backed firm targets 100,000 autonomous vehicles by 2030, banking on tighter control of cars, tech and operations to drive efficiency.

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

AI | China’s physical AI prowess on roads, in skies and factories