China

For hire: Geely sets out to become force in EVs

A Geely Xingyue Coupe at the Shanghai auto show on April 17, 2019. (REUTERS)
YS
By:
YILEI SUN and BRENDA GOH
R
By:
Reuters
|
February 11, 2021 02:25 AM

HANGZHOU, China -- Like many others in the auto industry, Geely Chairman Li Shifu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc. and Nio Inc., sources at the Chinese automaker say.

Staying current is easy with newsletters delivered straight to your inbox.