Geely Fully Acquires Radar Auto in EV Pickup Integration Push
Geely plans to acquire Radar Auto, enhancing its electric pickup brand and integrating it into operations.
Latest in EV news, technologies, data and insights from China market
Geely plans to acquire Radar Auto, enhancing its electric pickup brand and integrating it into operations.
In April, EV sales concentrated on leading models, with Geely Xingyuan dominating, while others faced declining demand and market consolidation.
Malaysia’s EV registrations soared 103.8% in April 2026, led by Chinese brands, particularly Proton’s e.MAS 5 model.
Geely has agreed to purchase Ford’s idle Body 3 assembly line in Spain, enabling independent vehicle manufacturing and potential collaboration.
Geely Auto’s first-quarter 2026 revenue rose 15% to RMB 83.8 billion, with core net profit up 31% and vehicle sales increasing significantly.
In April 2026, China saw a significant increase in new energy vehicle launches, particularly battery electric vehicles, with improving ranges and performance.
Geely Auto Group will unveil China’s first purpose-built Robotaxi prototype at the Beijing Auto Show, showcasing advanced AI technologies.
Geely’s Polestar will recall 1,473 Polestar 4 EVs due to battery defects, implementing replacements and monitoring for safety.
Geely Group sold 938,000 vehicles in Q1 2026, despite a slight decline; new energy vehicles surged to 491,000, showcasing market resilience.
Many local Chinese and Chinese-Australian consumers have complained on social media that BYD sales staff have changed their approach—from previously…