Covid lockdowns hampering production create shortage of components that will continue to hold down production in the global auto industry

Reduction of share sale by 20% reflects market reluctance amid soaring energy costs and persistent supply chain delays

For now, the foray into new markets will follow the traditional route of outright purchases, as opposed to the subscription plan that the carmaker offers in Europe

Electric-vehicle maker backed by Sweden’s Volvo and China’s Geely Holding lists on NASDAQ; Polestar plans to bring three new models to market in next three years with $1.05 billion in proceeds from SPAC deal with Gores Guggenheim

Faraday Future embarks on a hiring binge, and Douyin backs down from copyright showdown with Tencent Video

China’s central bank is reviewing a third application to set up a financial holding company. Li Bo is named deputy managing director of the IMF

If approved, the deal will give Geely-owned Swedish automaker full control over the manufacturing of heavy duty vehicles amid a surge in demand from the logistics sector

Ride-hailing giant and unit of Guangzhou Automobile plan strategic link-up to develop fully autonomous-driving vehicles

Share sale may put a $20 billion valuation on the Swedish automaking unit of Chinese billionaire Eric Li’s Geely Holding

Zeekr’s combination of technology and car-making experience will give it an edge over rivals, president says

China's President Xi declares 'total victory' in the country's fight against absolute poverty. Geely and Volvo call off their merger plan

Two units of China’s Geely Holding Group cite greater value and more capital market options from maintaining separate corporate structures and identities

Standards will be the basis for 16 models under seven brands, and will eventually be made available to other carmakers