US EditionGeely Chairman Says Global Auto Industry Faces 'Serious Overcapacity'
- On February 13, 2025, Geely presented its EX5 electric vehicle model at the automotive exhibition held in Jakarta, Indonesia.
- Geely re-entered Indonesia's EV market in January 2025 and subsequently partnered with Voltron to install EV charging stations at all its official dealers.
- The partnership enhances the accessibility of EV charging in Indonesia, contributing to the nation’s efforts to advance electric vehicle adoption and achieve its 2060 net-zero emissions goal.
- Yusuf Anshori, Geely Auto Indonesia's brand director, highlighted that this partnership allows customers to benefit from easier and more accessible charging options, improving their overall experience as electric vehicle owners.
- The partnership demonstrates a collaborative commitment by Geely and Voltron to advance the development of an environmentally friendly and user-friendly electric vehicle infrastructure in Indonesia, aiming to boost the adoption of EVs across the country.
16 Articles
16 Articles
Shanghai. President and founder of Chinese automotive Geely, Li Shufu, said that the industry of the world industry faces a “severe overcapacity” and that the company has decided not to build new plants or expand production in existing facilities.
Geely chairman says global auto industry faces ‘serious overcapacity’
SHANGHAI (Reuters) -Geely’s chairman and founder Li Shufu said on Saturday that the global automotive industry was facing “serious overcapacity” and that the Chinese automaker had decided not to build new manufacturing plants or expand production in existing facilities. Li made the comments at an auto forum in the central city of Chongqing, according to the company. Geely Holding owns multiple automotive brands including Geely Auto, Zeekr and Vo…
Channel News Asia
MSNGeely chairman says global auto industry faces 'serious overcapacity'
SHANGHAI :Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" and that the Chinese automaker had decided not to build new manufacturing plants or expand production in existing facilities. Li made the comments at an auto forum in the cent
China's auto industry, the world's largest, is currently engaged in a fierce price war.
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