KATHMANDU: Geely Chairman and Founder Li Shufu has raised concerns over “serious overcapacity” in the global automotive sector, stating that the company will not build new manufacturing plants or expand production at existing facilities. Li made the remarks during an…

KATHMANDU: Chery Group has emerged as the top EV exporter from China in the first five months of 2025. Chery led the export race by shipping vehicles under its own Chery brand as well as its new energy sub-brands Omoda,…

KATHMANDU: Chinese automaker Geely has claimed that its Galaxy E5 electric vehicle has successfully completed a safety test in which its ‘Aegis Gold Brick Battery’ withstood the crushing weight of a 36-ton tank. According to the company, the test simulated…

KATHMANDU: Jagdamba Motors is preparing to expand its EV lineup in the Nepali market with the launch of Proton eMas 5. This smaller sibling of eMas 7 is sold in China as Geome Xingyuan. Geome is an electric sub-brand of…

KATHMANDU: Geely Automobile has announced plans to acquire all remaining shares of Zeekr Group, its premium electric vehicle (EV) brand, effectively making Zeekr a wholly owned subsidiary. The decision comes less than a year after Zeekr’s debut on the US…