Articles tagged with "Geely"
Geely & BYD Are Top Bidders For Nissan/Mercedes Aguascalientes Plant, Potentially Expanding Mexican EV Production - CleanTechnica
Recent reports reveal that Nissan and Mercedes are selling their joint venture factory in Aguascalientes, Mexico, with Chinese automakers BYD and Geely emerging as the top bidders. This marks a significant shift in the Mexican automotive landscape, as Nissan’s once-thriving operations have contracted, leading to closures of key plants and discontinuation of popular models like the Infiniti QX50/QX55 and the Nissan Versa. The Aguascalientes plant, originally built to produce premium compact vehicles for Mercedes and Nissan, now faces uncertainty amid declining sales and strategic shifts by legacy automakers. BYD and Geely’s potential acquisition could fill the emerging gap in affordable subcompact electric vehicles (EVs) in the Latin American market. BYD, which exclusively manufactures plug-in vehicles, and Geely, which still produces internal combustion engines alongside EVs, may leverage the plant to produce cost-effective EVs appealing to consumers in Latin America and possibly Canada. Favorable trade relations between Mexico and Canada could facilitate
energyelectric-vehiclesEV-productionautomotive-manufacturingBYDGeelyMexico-plantLynk & Co Publishes Big Reflective Announcement on Its History, Evolution, & A New Era - CleanTechnica
Lynk & Co, a Chinese-owned but Sweden-based automotive brand, has historically taken an unconventional approach by focusing on plug-in hybrids and a subscription-based model in Europe rather than launching as a pure battery electric vehicle (BEV) company. Owned primarily by Zeekr (51%) and Geely (49%), Lynk & Co has combined sleek, modern designs with innovative customer acquisition strategies. Recently, the company published a reflective announcement outlining its history, evolution, and plans for a new era, signaling a strategic shift toward more traditional retail operations across Europe. In 2025, Lynk & Co is transitioning from rapid growth to sustainable, long-term strength with a strong emphasis on retail expansion, innovation, and sustainable development. The brand has expanded from 11 retail clubs in 2024 to over 125 confirmed retail points across Europe, supported by more than 350 authorized workshops to enhance service accessibility. The company has also introduced a dedicated Corporate Identity concept for its retail spaces to provide an
energyelectric-vehiclesplugin-hybridsautomotive-technologysustainable-mobilityretail-expansionGeelyChina’s Geely is officially bringing its luxury EV startup Zeekr private
China’s Geely Auto is officially taking its luxury electric vehicle (EV) subsidiary Zeekr private, just over a year after the company’s public debut. The privatization follows Geely’s offer made two months prior, with Zeekr shareholders given the option to receive either $2.69 in cash per share or 1.23 newly issued Geely shares for each Zeekr share they own. Certain Hong Kong retail investors will receive cash by default. Zeekr’s board has approved the merger, which is expected to close in the fourth quarter of 2025. The implications of Zeekr’s privatization on its existing partnership with Waymo remain unclear. Zeekr and Waymo have been collaborating to build vehicles for large-scale deployment in the U.S., with Waymo’s Zeekr vehicles already operating in the San Francisco Bay Area. TechCrunch has reached out to Waymo for further details on how the privatization might affect this deal. The article also notes
energyelectric-vehiclesEV-startupGeelyZeekrautomotive-industryelectrificationTop Selling Electric Vehicle Brands Worldwide in April — Hot Geely Beats Tesla - CleanTechnica
energyelectric-vehiclesEV-salesautomotive-industryGeelyTeslaBYDIs BYD Touching Its Demand Ceiling at Home? — April 2025 Sales Report - CleanTechnica
energyelectric-vehiclesEV-salesBYDGeelyautomotive-industrymarket-analysisChina’s Geely moves to take EV startup Zeekr private amid trade war with US
robotIoTenergyEVautonomous-vehiclesGeelyZeekr