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Geely Auto's electric vehicle brand ZEEKR announced on Thursday that the company will begin entering the Italian market to further expand its European business. The company stated that it will start delivering its four electric vehicle product lines in spring in partnership with distributor Jameel Motors and will open retail stores, with prices ranging from €38,000 to €73,000

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Geely's ZEEKR enters the Italian market

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Chinese electric vehicle brand Zeekr, owned by Geely Holding Group, is entering the Italian market on February 19, marking its latest European launch. The company plans to deliver its four EV models and open retail locations in spring, viewing Italy as a key market due to rising demand for premium EVs. Zeekr, which has already launched in Germany and other European countries, aims to expand further by 2026. Geely targets global sales of over 6.5 million vehicles by 2030, competing with established automakers in Europe.

- Chinese electric vehicle brand Zeekr will launch in Italy on Thursday as part of its European expansion.  
- Zeekr, owned by Geely Holding Group, will start deliveries of its EV lineup and open retail locations in spring, highlighting Italy as a key market.  
- The company aims to enter more European markets in 2026 and targets global sales of over 6.5 million vehicles by 2030, competing against established automakers.

Reuters

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

China's Zeekr premium brand enters Italian car market

PSNYW

PSNY

Polestar Automotive, backed by Geely, announced its largest model offensive, introducing four new electric vehicles (EVs) by 2028 to enhance its market position. The models include Polestar 5, 4, 2, and 7, targeting high-demand EV segments. Despite a challenging environment, Polestar achieved record retail sales in 2025, with a 34% growth. The stock surged 13.03% to $19.00 in premarket trading, reflecting positive market sentiment. Analysts maintain a Hold rating with a price target of $102.69, indicating potential for recovery amid mixed momentum signals.

- Polestar Automotive Holding U.K. PLC announced plans to launch four new electric vehicles by 2028, enhancing its product lineup in a competitive EV market.  
- The company achieved record retail sales in 2025, with a 34% growth, and aims for continued expansion and operational improvement.  
- Despite current stock volatility, analysts have set a hold rating with a price target of $102.69, while future financial updates are anticipated on March 15, 2026.

benzinga_article

Polestar Automotive UK PLC - CW 27

Polestar Automotive UK

Polestar Unleashes Its Biggest EV Blitz Yet

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Polestar is set to launch the second generation of its Polestar 2 electric sedan in early 2027, as part of an ambitious plan to introduce four new models by 2028. The company, which has seen a 34% increase in sales last year, aims to expand its lineup with the Polestar 5 and a new version of the Polestar 4 this year, followed by the new Polestar 2 next year and the Polestar 7 compact SUV in 2028. However, details regarding U.S. availability remain unclear.

- Polestar announced the launch of a new generation of the Polestar 2 electric sedan, set to debut in early 2027.  
- The company plans to introduce four new electric vehicle models by 2028, including the updated Polestar 5 and Polestar 7.  
- Following a successful 2025, Polestar expects continued growth, although availability in the U.S. remains uncertain.

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A New Polestar 2 Is Coming Sooner Than We Thought

Polestar plans to launch refreshed versions of its Polestar 2 and 4 models to boost European sales and conserve cash. The company aims for over 100,000 annual sales, supported by Geely, its majority owner. Despite challenges like tariffs and competition, Polestar expects low double-digit growth in retail volumes by 2026 and plans to expand its retail network by 30%. The Polestar 5 will start deliveries this summer, while the new Polestar 2 will launch in Europe next year. The compact SUV Polestar 7 is expected in 2028.

Polestar leans on revamped models to conserve cash and boost European sales

Finansinspektionen:SAID ON TUESDAY CHAIRMAN OF GEELY INTERNATIONAL HONG KONG LIMITED, SHUFU LI, BOUGHT 148,760 B SHARES AT SEK 25 PER SHARE ON 12 FEBRUARYCHAIRMAN OF GEELY INTERNATIONAL HONG KONG LIMITED, SHUFU LI, BOUGHT 471,348 B SHARES AT SEK 24,9509 PER SHARE ON 13 FEBRUARYCHAIRMAN OF GEELY INTERNATIONAL HONG KONG LIMITED, SHUFU LI, BOUGHT 76,781 B SHARES AT SEK 24,9103 PER SHARE ON 16 FEBRUARY Source text: Further company coverage: [VOLCARb.ST]

- On Tuesday, Finansinspektionen reported that Shufu Li, chairman of Geely International Hong Kong Limited, purchased shares on three occasions in February.  
- Li bought 148,760 B shares at SEK 25 per share on February 12, followed by 471,348 B shares at SEK 24.95 on February 13, and 76,781 B shares at SEK 24.91 on February 16.  
- These transactions highlight significant stock acquisitions by the chairman in a short time span.

Geely Chairman Increases Stake In Volvo Car

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Stellantis is reviving diesel models in Europe, introducing at least seven new diesel variants despite a significant decline in diesel sales over the past decade. This move comes after a $27 billion writedown related to its EV plans, as diesel offers a lower-cost alternative for consumers. Meanwhile, Chinese automakers BYD and Geely are vying for a Nissan-Mercedes plant in Mexico, aiming to expand into South America and potentially the U.S. market. Additionally, Germany's far-right AfD party is seeking to gain influence among auto workers through union representation.

- U.S. car prices are increasing, with many consumers opting for basic models due to affordability issues.  
- Stellantis is reviving diesel models in Europe while Chinese automakers BYD and Geely are targeting a Nissan–Mercedes-Benz plant in Mexico for future production.  
- Meanwhile, Germany's far-right AfD party seeks to gain union representation at automakers, and Great Wall Motor plans a European comeback amid increased competition.

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AUTO FILE-Stellantis’ diesel revival, and a Mexican foothold for China’s carmakers

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Geely and BYD are the leading bidders for Nissan and Mercedes' Aguascalientes plant in Mexico, which is being sold as both companies aim to expand EV production. This shift reflects the growing presence of Chinese automakers in the Mexican market, which now holds 20% of new car sales. The plant, previously producing vehicles for Nissan and Mercedes, is expected to focus on affordable EVs, potentially benefiting local supply chains and trade relations with Canada and the US. However, tariffs and protectionist policies may hinder US market entry for these vehicles.

- Nissan and Mercedes are selling their Aguascalientes joint venture factory in Mexico, with BYD and Geely as top bidders, reflecting a shift for legacy automakers.  
- Chinese automakers have gained a significant market share in Mexico, now holding 20%, which could lead to increased local supply chains and affordable EV production to meet both Mexican and Canadian demand.  
- While there are hopeful signs for U.S. market entry following potential tariff changes, protectionist measures may still hinder the introduction of these vehicles in the U.S. market.

cleantechnica

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Geely & BYD Are Top Bidders For Nissan/Mercedes Aguascalientes Plant, Potentially Expanding Mexican EV Production

DRIV

BYD and Geely have made it to the final acquisition list for the Nissan - Mercedes-Benz Mexico factory. Due to the U.S. tariff policy leading to the shutdown and increased layoffs at the Mexico factory, Chinese car manufacturers are actively seeking to establish manufacturing bases in Mexico. Cui Dongshu from the Passenger Car Association stated that Mexico is expected to become China's largest automobile export country by 2025

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Global X Autonomous & Electric V

BYD and Geely may bid for factories in Mexico. Cui Dongshu from the Passenger Car Association: Mexico will be China's largest automobile export country by 2025

TSLA

In January, BYD maintained its position as China's largest NEV maker with a 15.8% market share, narrowly ahead of Geely at 15.5%. Tesla's sales dropped significantly, falling out of the top 10 NEV makers with only 18,485 units sold, marking a 45.15% year-on-year decline. Geely's sales also decreased by 21.6%. HIMA saw a 65.5% increase in sales, securing third place. Overall, the NEV market is competitive, with BYD, Geely, and HIMA leading the way.

- BYD retained its title as China's largest new energy vehicle (NEV) maker in January 2026, selling 94,176 units and holding a 15.8% market share, despite a 53% year-on-year decline.  
- Geely ranked second with 92,135 sales, narrowing the gap to 0.3 percentage points, while Tesla recorded its lowest sales in China since November 2022 with 18,485 units.  
- The competitive landscape also saw Huawei's HIMA securing third place with a 9.7% market share and a significant 65.5% year-on-year increase in sales.

CnEVPost

Tesla

Automakers' share in China NEV market in Jan: BYD leads with 15.8%, Tesla again falls out of top 10

BYD and Geely, two leading Chinese car manufacturers, are competing to acquire the Mercedes-Benz plant in Aguascalientes, Mexico, which is also operated with Nissan. This follows Mercedes' decision to exit its partnership with Nissan due to strategic shifts. The sale is under scrutiny as Mexican officials face pressure from the U.S. regarding tariffs and the implications of allowing a Chinese company to invest in the region. Despite challenges, Chinese EV manufacturers have captured about 10% of the Mexican market since entering in 2020.

- Mercedes is exiting its business with Nissan, leading to a bid for the plant by Chinese manufacturers BYD and Geely, among others.  
- Nissan cites "broader strategic shifts" for its departure, while Mexican officials face international pressure regarding potential Chinese investments amid U.S. tariffs.  
- Mexican EV market growth reflects Chinese manufacturers capturing 10% share, despite Mexico's own 50% tariff on Chinese goods, and the government is stalling decisions on new Chinese investments pending U.S. trade negotiations.

electrive

BYD & Geely race to bid for car plant in Mexico

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Waymo launching China-made van that won't fail in rain, snow, or gloom of night

- Waymo has introduced its sixth-generation autonomous driving system, aiming to improve performance in adverse weather conditions and utilizing advanced sensor technology.  
- The new system is designed to be compatible with multiple vehicles, starting with the Zeekr Ojai and Hyundai Ioniq 5, but has faced criticism due to its partnership with the Chinese automaker.  
- Concerns have been raised by U.S. lawmakers regarding potential technological ties with China, while Waymo asserts that its system operates independently without connected vehicle technology from Zeekr.

The Register

Ping An CSI Auto Components Thematic ETF

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Waymo launching China-made van that won't fail in rain, snow, or gloom of night

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Geely: Can it successfully break through by 'directly challenging' BYD?

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BYD: Once the King of Competition, Now Being Outcompeted, Can the King of BYD Successfully Break the Deadlock?

The easing of BYD's price war has provided Geely with a competitive window.

Geely: 'Confronting' BYD, Can It Shake the King's Position?

Today’s Key News Recap

0508 | Dolphin Research focus: 🐬 Macro/Industry 1. US President Trump officially announced that he plans to hold a press conference on Thursday (10 PM Beijing time tonight) to discuss &#34;a major trade agreement reached with representatives of a highly respected major country&#34;. No details have been provided about which country or the specifics of the agreement, but it is most likely the UK. Gold fell slightly on the negative news, but US stock futures rebounded sharply, while Hong Kong and A-shares closed steadily higher today. 2. Foreign media reports suggest that the Trump administration plans to cancel the Biden-era restrictions on AI chips, which were originally scheduled to take effect on May 15...

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Trump warned of possible turmoil tonight? Google got backstabbed by Apple｜Today's important news recap

Zeekr

On May 7, 2025, pre-market for ZEEKR in the US, $GEELY AUTO(00175.HK) Geely Automobile submitted a privatization proposal to $ZEEKR Intelligent Tech(ZK.US) ZEEKR. Dolphin Research summarized the key points of the announcement: 1) Core content: Geely Automobile currently holds approximately 65.7% of ZEEKR's shares, and Geely plans to acquire the remaining 34.4% from minority shareholders, making ZEEKR a wholly-owned subsidiary of Geely and delisting ZEEKR from the NYSE; 2) Acquisition price: Geely plans to acquire ZEEKR at $25.66 per share...

ZEEKR: Why did the 'dark horse of pure electric vehicles' choose to delist through privatization less than a year after its IPO?

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Geely's ZEEKR enters the Italian market

China's Zeekr premium brand enters Italian car market

Polestar Unleashes Its Biggest EV Blitz Yet

A New Polestar 2 Is Coming Sooner Than We Thought

Polestar leans on revamped models to conserve cash and boost European sales