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According to Geely Chairman and founder Li Shufu, the global automotive industry is fighting “serious overdue majority.”
Speaking at a car forum in Chongqing, the company said the company did not continue to expand the construction of new production plants or existing opportunities.
According to Reuters, the Chinese car market reflects the intensive competition and price wars, which force the manufacturers to seek opportunities abroad.
Geely Holding, covering brands such as Geely Auto, ZEEKR and Volvo, uses the industry’s problems using international partnerships rather than expanding production traces.
In a strategic movement, GEELY plans to use Renault’s production facilities in Brazil and gain a minority share in Latin American operations of the French car manufacturer.
However, this cooperation in April, the news agency reported that this cooperation was facing regulatory delays.
Despite the regulatory barriers, Geely’s cooperation with Renault in Brazil is described as successful by the company.
In another international enterprise, Geely Auto is a partner with Jameel Motors Provide new energy vehicles (Nevs) to the Polish market.
This is the first to Poland to Poland, which is the growing electric vehicle sector, which sees 41% in the sale of battery electric vehicles in February 2025
In addition, the sales figures of the Geely Holding Group highlights the growing demand for Nevs.
The company said it was important 31% annual growth In the sale of global vehicles, 946,627 units reached 946,627 in the first quarter of 2025.
“GEELY President emphasizes the problems of extreme majority in the automotive sector” first created and published Simply automaticallyA global brand.
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