Global EV Market Grows 2% in August as Europe Offsets China, North America
Global electric vehicle sales reached 1.83 million in August, with divergent regional trends impacting growth, notably in China, Europe, and North America.
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Geely Galaxy TT Hits Market From $19,370, Undercuts Xiaomi SU7 by Half
Geely launched the Galaxy TT, an electric sport sedan, on September 10, with orders exceeding 10,000 within 15 minutes of release.
EVs Again Shut ICE Cars Out of China’s August Car Sales Top 10
All 10 of China’s best-selling passenger car models by retail sales in August were battery-electric vehicles (BEVs), with no ICE…
Geely‑Ford Spain Deal Advances as China Antitrust Review Opens
Geely will acquire a 34% stake in Ford España, reducing Ford’s stake to 66%, establishing joint control set for 2027 operations.
China EV Sales in August: Leapmotor Logs Record as NIO, XPeng Extend Gains
China’s new-energy vehicle market was subdued in August, yet key brands like BYD and XPeng experienced notable growth amid cautious conditions.
Geely August Sales Hit 270,194 as Exports Jump 205%
Geely Group sold 270,194 vehicles in August, up 8%. Exports exceeded 110,000, up 205%, while new energy vehicles made up 65.1% of sales.
China Auto Sales Account for 31.4% of Global Total in First Seven Months of 2026
Global vehicle sales rose 5% in July 2023, led by emerging markets, despite declines in China and the US.
Global Mobility Forecasts Chinese Brands to Produce 1M Vehicles in Europe by 2030
Chinese automakers are increasingly localizing vehicle production in Europe, with expected output reaching 1 million units by 2030, amid rising sales.
Geely Auto Founder Eric Li Steps Down as Chairman of the Board
Geely Automobile announced a management reshuffle, featuring Eric Li’s departure, as it reported strong first-half 2026 financial results.
Geely H1 Core Profit Jumps 46% as Revenue Hits Record $25.8B
Geely posted record H1 2026 revenue of $25.8B and core net profit of $1.44B, up 46%, supported by EV sales and exports.