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China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for the equivalent of more than $110,000. Luna Lin | Afp | Getty Images BEIJING — China’s Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production for its electric car venture in a fiercely competitive market. The Chinese…
#Autos#Breaking News: Technology#business news#Geely Automobile Holdings Ltd#Market Insider#Markets#NIO Inc#Qualcomm Inc#Stock markets#Technology#Tesla Inc#Xiaomi Corp#Xpeng Inc#Zeekr Intelligent Technology Holding Ltd
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Geely plans to launch its Polar Krypton Electric Car in South Korea in early 2026
Source: Gasgoo
Geely Auto plans to launch its first premium electric vehicle in South Korea as early as 2026, joining other Chinese automakers in challenging the South Korean market to compete with Hyundai Motor Co and Kia Motor Co, which dominate the market.
Geely Auto said its premium electric vehicle brand Polkrypton will open showrooms in Seoul and Gyeonggi Province by the end of next year, with local deliveries starting in the first quarter of 2026. While these plans have not been finalized, sources say Geely Auto’s first model to be released in South Korea may be the Polkrypton 001, an electric car that can travel 620 kilometers on a single charge.
Polar krypton 001; Image Source: Polar Krypton Motors
Under a new regulation in South Korea, the government will give more subsidies to electric vehicles that use more recycled metals such as lithium, nickel, cobalt and manganese. Although the new regulation is not very favorable for Chinese automakers who typically use lithium iron phosphate (LFP) batteries, they are still attracted to enter the Korean market.
On July 5, the European Commission formally imposed temporary countervailing duties on pure electric vehicles imported from China. Previously, the United States also imposed tariffs of up to 100 percent on imported electric vehicles made in China. Faced with this, Chinese carmakers are looking to grow in other markets. Byd is also preparing to launch its passenger cars in South Korea, while Chinese-made electric buses already account for about 40 per cent of the country’s electric bus fleet, according to Carisyou.
Geely Auto is not a completely unfamiliar name in the South Korean market. In 2022, Geely Auto acquired a 34 percent stake in Renault’s South Korean subsidiary, deepening cooperation between the two automakers in developing environmentally friendly models. Geely’s Polestar 4 electric SUV will go into production at Renault’s Busan plant in South Korea in the second half of 2025.
In addition, Geely Auto has also signed a battery development cooperation agreement with South Korea’s SK Group and a partnership with Posco International Inc. Signed an agreement to sell and service its commercial vehicles in South Korea.
Lee Hang-Koo, director of the Jeonbuk Automotive Convergence Technology Research Institute, said that in South Korea, “there is a market demand for high-end electric vehicles, as shown by Tesla’s success”. Tesla’s Model Y is the best-selling foreign model in South Korea so far this year. “Chinese electric vehicles have a lot of digital features” that appeal to South Korean consumers who love new technology, Mr Lee adds. Lee Hang-Koo also said that in the face of tariffs from Europe and the United States, Geely Auto may consider using Renault’s South Korean plant to produce electric vehicles for export
#Polar Krypton Motors#geely automobile holdings ltd#auto parts#car parts#auto parts supplier#shelitaautoparts
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El gigante chino Geely empezara a vender autos en México a finales de 2023
La marca de autos de origen chino Geely, creador del prototipo eléctrico rival del Tesla Semi, arribará en el último trimestre del año para comercializar sus primeros autos en el país. Zhejiang Geely Holding Group Co., Ltd (ZGH) es una empresa de origen chino, con sede en Hangzhou, Zhejiang. Es propietaria o accionista principal de las marcas Geely, Smart, Polestar, Lotus, London EV y Volvo…
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Geely привезла в Россию «смарт»-комплектацию кроссовера Coolray
Китайская Geely Automobile 5 декабря начала продавать в России вседорожник Coolray в новой комплектации Link. Главной фишкой новинки является телематическая система G-Link.
Читать подробнее: https://www.allfcar.ru/news/geely_privezla_v_rossiju_smart_komplektaciju_krossovera_coolray/2022-12-05-119
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David Blackmon Oct 19, 2024
A new report by Amnesty International “reveals how the world’s leading electric vehicle (EV) manufacturers are not adequately demonstrating how they address human rights risks in their mineral supply chains, potentially leaving communities exposed to exploitation, health risks and environmental harm caused by the rapid expansion of mines required for the metals used in batteries.”
Here are some excerpts from the report:
As global demand for battery minerals soars, the report calls for car makers to identify and mitigate human rights risks in their supply chains such as forced evictions, health harms from environmental pollution, and abuse of Indigenous Peoples’ rights in countries where minerals are extracted such as the Democratic Republic of Congo and Philippines.
“The huge rise in demand for the metals needed to make electric vehicle batteries is putting immense pressures on mining-affected communities,” said Amnesty’s International’s Secretary General, Agnès Callamard.
“The human rights abuses tied to the extraction of energy transition minerals are alarming and pervasive and the industry’s response is sorely lacking. Communities are suffering from forced evictions, health issues caused by pollution and difficulties accessing water. As demand for electric vehicles increases, manufacturers must ensure people’s human rights are respected.”
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“Mining for the minerals used in electric vehicles can entail huge risks for people and the environment. Amnesty International’s previous research has shown how industrial cobalt is linked to forced evictions in the Democratic Republic of Congo. Car companies need to use their massive leverage as global minerals buyers to influence upstream mining companies and smelters to mitigate these human rights risks,” said Agnès Callamard.
In terms of supply chain mapping disclosures, companies like BYD, Geely Auto, Hyundai, General Motors, and Mitsubishi Motors scored the lowest, failing to provide detailed information about their supply chains. Furthermore, BYD does not disclose smelter, refiner, or mine site names. Geely Auto provided only general supplier locations without specifying mineral extraction sites.
Hyundai and Mitsubishi Motors demonstrated a similar lack of transparency, with no evidence of comprehensive supply chain mapping or mine site identification for cobalt, copper, lithium, and nickel, making it difficult for stakeholders to verify how these operations affect nearby communities.
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Interior of the Geely Galaxy E8, a Chinese EV that sells for $25,000.
https://insideevs.com/features/719015/china-is-ahead-of-west/
This article covering the Beijing Auto Show, in the light of a protectionist American tariff on Chinese EV and cleantech imports, shows just how far China has surpassed Western automakers with both EVs and charging infrastructure, and why Western car brands (including Tesla) are largely not making an impact.
Western EVs are woefully underequipped, underdesigned, and unresponsive to the desires of the Chinese market. They’re actually selling cars there that look like the future concepts at Western auto shows; with ultra-widescreens, great UI, tight technology integration, longer range, better materials, and a better driving experience.
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Michael Song, Vice President of Geely Auto mengatakan, Geely memiliki
Michael Song, Vice President of Geely Auto mengatakan, Geely memiliki banyak merek dan lini produk yang sangat kaya, cukup untuk memenuhi kebutuhan di berbagai pasar. Namun untuk pasar Indonesia, pabrikan asal Tiongkok itu menyiapkan SUV listrik sebagai model perkenalannya, sembari mempelajari model lainnya, termasuk MPV. Berdasarkan kebutuhan Indonesia saat ini, menurut Song, pihaknya akan masuk…
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Geely reportedly to integrate Lynk & Co into Zeekr brand
Zeekr and Lynk & Co will undergo a strategic integration with the goal of achieving Zeekr’s controlling stake in Lynk & Co, according to a Chinese state-run media report. (A Zeekr 001 on display at the June 2024 new energy vehicle show in Shanghai. Image credit: CnEVPost) Chinese auto giant Geely will reportedly integrate Lynk & Co under the Zeekr (NYSE: ZK) brand to focus its resources on the…
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El dominio de China en el mercado automotriz
El mercado de autos eléctricos está siendo liderado por China, que ha superado a Europa en ventas y exportación de vehículos. Empresas como BYD y Geely aprovechan precios competitivos y gran escala de producción, destacándose como potencias del sector.
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Geely bersiap kembali meramaikan pasar otomotif Indonesia. Pabrikan asal Tiongkok
Geely bersiap kembali meramaikan pasar otomotif Indonesia. Pabrikan asal Tiongkok itu akan memanfaatkan panggung pameran otomotif untuk memperkenalkan diri. “Di kuartal satu (2025) kami akan memperkenalkan brand Geely di Indonesia. Seperti diketahui, pada kuartal satu tahun depan akan ada Auto Show,” terang Yusuf Anshori, Brand Director Geely Auto Indonesia di Shanghai, China, Minggu (10/11/2024)…
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