WeRide, Geely Farizon and Kwoon Chung Launch Right-Hand-Drive Robotaxis at the 2026 International Automotive & Supply Chain Expo (Hong Kong), Accelerating Global Expansion

WeRide, Geely Farizon, and Kwoon Chung Bus Holdings announced a strategic partnership to develop and deploy right-hand-drive robotaxis, starting with commercial operations in Hong Kong. The collaboration leverages WeRide's autonomous driving technology, Geely Farizon's vehicle manufacturing, and Kwoon Chung's public transport expertise. The initiative aims to establish a scalable model for global expansion into right-hand-drive markets including Singapore, UK, Japan, and Australia.

06/22/2026, 6:00 AM • GlobeNewswire

It's Rough in China's Auto Market. When Will the Other Shoe Drop for Nio?

China's domestic EV market is experiencing severe headwinds with NEV sales plunging 47% year-to-date due to reduced subsidies, new vehicle taxes, and economic caution. While competitors like BYD and Geely report significant net income declines, Nio has bucked the trend with 62.3% May delivery growth and improved margins. However, investors should watch whether Nio can maintain its guidance for full-year adjusted operating profit in 2026 amid ongoing domestic market pressures.

06/19/2026, 10:07 AM • The Motley Fool

Geely Auto Group Extends Winning Streak as Preface TCR Sweeps Valencia

Geely Cyan Racing achieved a commanding performance at the 2026 Kumho FIA TCR World Tour Valencia round, with driver Santiago Urrutia sweeping all three races and securing a 'Perfect Weekend' with pole position, fastest lap, and race victories. The team extended its winning streak to four races and now leads the championship standings with 277 points, demonstrating the competitiveness and reliability of the Geely Preface TCR vehicle.

06/17/2026, 3:41 AM • GlobeNewswire

De Misano a Valencia: El equipo Geely Cyan Racing gana impulso en el FIA TCR World Tour

Geely Cyan Racing competes in the second round of the 2026 Kumho FIA TCR World Tour at Valencia's Circuit Ricardo Tormo, building on their inaugural victory at Misano. The team showcases the new Geely Preface TCR, developed on Geely's Compact Modular Architecture (CMA), with four experienced drivers competing. The season continues the legacy of the Lynk & Co 03 TCR program's nine world titles.

06/12/2026, 2:38 PM • GlobeNewswire

GLB Files For Hong Kong IPO; Can It Diversify Beyond Geely?

GLB Intelligent Power Technologies, an automotive electronics and power systems provider, has filed for a Hong Kong IPO. The company has experienced explosive growth driven primarily by its relationship with Geely, with Geely-related revenue accounting for 87.2% of total turnover in 2025. While the power-domain solutions market is projected to grow significantly, GLB faces risks from overreliance on Geely and competition from established suppliers with more diversified customer bases.

06/12/2026, 7:18 AM • Benzinga

Nio Is Zigging While Rivals Zag, and Shockingly It's Winning

While Chinese automakers like BYD and Geely are rushing to export vehicles overseas to offset declining domestic sales and eroding margins from an EV price war, Nio is thriving by focusing exclusively on the Chinese market. Nio achieved 62.3% year-over-year delivery growth in May, improved vehicle margins to 18.8%, and maintained positive operating profit in Q1, contrasting sharply with competitors' profit declines.

06/06/2026, 3:05 AM • The Motley Fool

How Nio Is Proving It's a Top Auto Stock Despite Brutal the Price War

Nio is outperforming competitors in China's brutal EV price war, posting 62% delivery growth in May and 69% year-to-date growth through May 2026. The company has improved vehicle margins to 18.8% in Q1 2026 from 10.2% a year prior, while maintaining strong pricing power and expanding profitability despite industry headwinds that have significantly impacted competitors like BYD and Geely.

06/03/2026, 1:07 PM • The Motley Fool

How 18 Innocent EVs Could Signal a World of Pain for Detroit Autos -- Don't Panic yet

Chinese EV maker Geely exported 18 Lotus Eletre crossovers to Canada, marking the first Chinese EV exports to North America. While this small initial shipment poses limited immediate threat due to 100% U.S. tariffs on China-built EVs, it signals growing competition. Other Chinese automakers like BYD and Chery are preparing to enter the Canadian market, which could eventually pressure Detroit automakers Ford and GM.

06/03/2026, 5:05 AM • The Motley Fool

EV Sales Skyrocket: Tesla Stock Surges On 67% European Boom, Blockbuster SpaceX IPO Rumors

Tesla stock gained 1.11% on Wednesday, driven by strong European EV sales growth (67.2% year-over-year in April) and speculation about a potential future merger with SpaceX. The SpaceX IPO is expected on Nasdaq under ticker SPCX following its merger with xAI, valued at $1.25 trillion. Tesla continues expanding beyond traditional auto manufacturing into AI, robotics, and energy sectors, with the next earnings catalyst expected on July 22.

05/27/2026, 11:40 AM • Benzinga

Eight Cities Join Forces as the Inaugural "Northeast China Football League" Kicks Off

The 2026 Northeast China Football League commenced on May 23 across four cities with opening matches drawing nearly 40,000 spectators. The tournament features a round-robin format with 28 total games, concluding October 5. Local authorities have established 134 viewing venues and launched cultural initiatives to boost regional commerce, tourism, and sports development, with partnerships secured from over 30 enterprises.

05/26/2026, 1:46 PM • GlobeNewswire

Geely Auto Becomes the Only Automaker to Demonstrate Beyond-Compliance Crash Test in Europe

Geely Auto successfully completed an advanced beyond-compliance crash test of its Starray EM-i vehicle at UTAC in France, combining side-impact and far-side pole intrusion challenges. The test demonstrated the vehicle's structural integrity, airbag deployment precision, and battery protection systems. Geely was the sole automaker selected for this live safety demonstration at an international automotive safety summit.

05/23/2026, 6:10 AM • GlobeNewswire

Geely Auto Group Claims Historic First Victory with the All-New Preface TCR at the FIA TCR WORLD TOUR in Misano

Geely Auto Group achieved a historic first victory at the FIA TCR World Tour in Misano, Italy, with driver Ma Qinghua winning Race 2 in the all-new Geely Preface TCR. The vehicle also secured a podium finish in Race 1 with defending champion Yann Ehrlacher finishing third, demonstrating the competitive viability of the new racing platform.

05/14/2026, 4:51 AM • GlobeNewswire

Elon Musk's Tesla Launches Affordable Financing Plan After Dropping Out Of China's Top EV 10 Makers

Tesla has dropped out of China's top 10 EV makers as its April retail sales fell to 25,956 units, down 50% from March. In response, Tesla launched an affordable financing plan in China with 0.92% annualized interest rates for Model 3, Model Y, and Model Y L vehicles. BYD leads the Chinese EV market with 182,025 units sold in April.

05/13/2026, 5:51 AM • Benzinga

China’s First Purpose-Built Robotaxi Customized for CaoCao Debuts at Auto China 2026, with Mass Production Planned for 2027

CaoCao unveiled the Eva Cab, China's first purpose-built robotaxi, at Auto China 2026. Developed in collaboration with Geely and Qianli Haohan, the vehicle features advanced autonomous driving capabilities, quantum-level security, and extended durability. Mass production is scheduled for 2027, with plans to deploy 100,000 units by 2030.

04/24/2026, 9:23 PM • GlobeNewswire

Geely Auto Unveils New i-HEV Intelligent Hybrid, Revolutionizing Global Hybrid Technology with AI-Powered Breakthroughs

Geely Auto launched its i-HEV Intelligent Hybrid technology, achieving record-breaking fuel consumption of 2.22L/100km and thermal efficiency of 48.41%. The system integrates AI Cloud Power for real-time energy optimization and will be equipped on popular models including Preface, Monjaro, Starray, and Fifth Generation Emgrand. The technology combines Full-domain AI 2.0 with the i-CMA architecture to deliver EV-like performance without plug-in requirements.

04/14/2026, 1:31 AM • GlobeNewswire