A private Chinese carmaker with about a tenth of China's car market. It is one of the leading domestic firms, alongside BYD, Chery and startups such as Xpeng and Li Auto, that are profitable or close to it. In the first half of 2025 Geely's net profits fell by 14%, a sign of the margin pressure from China's brutal car-industry price war, driven by chronic overcapacity among roughly 130 domestic firms.
CaoCao Mobility, Geely's ride-hailing arm, has started robotaxi trials in two Chinese cities.
Geely is launching a constellation of several dozen satellites to help its cars navigate (see satellite navigation).
Ignorance is never out of style. It was in fashion yesterday, it is the rage today, and it will set the pace tomorrow.