Geely
China’s car market has undergone dramatic changes in recent years, with domestic automakers gaining ground on foreign rivals amid the market’s rapid shift to electrified vehicles. So who's winning?
Geely, aiming to streamline operations and improve efficiency, has accelerated the adoption of smart driving technologies across its brands after consolidating several engineering teams employing thousands of people and partnering with AI company Qianli Technology.
Level three technology has so far only been used on a trial basis worldwide. China granted approval in June to an initial group of nine automakers, including BYD and Nio, to carry out tests on level three vehicles on public roads.
The push to make cars safer and smarter is a more powerful force for global trade than tariffs and political uncertainty, leaders of two Chinese automotive tech companies say.
Farizon will compete against Ford, Renault and Stellantis in the growing sector as legislative pressure mounts to sell more EVs in a market reluctant to shift from diesels.
BYD global sales surged 93 percent year over year to 623,384 on demand for its PHEVs in the first two months of 2025, while Geely deliveries rose 45 percent to 471,647 on volumes generated by its full EV models.
Previously, the EV maker’s Polestar Spaces would provide potential customers information, but then they were asked to make an online order.
The model 08 has an electric-only range of 200 km (124.3 miles), Lynk & CO says.
The ES90’s 800-volt electric system adds 300 km of range in 10 minutes versus 180 km during the same amount of time with 400-volt technology.
The deal gives Geely better access to South America's largest market and helps Renault increase utilization of its factory in Brazil.
