Geely to double Europe vehicle projects by next year
Source: reuters.com
- Geely Auto is expanding its Europe operations by doubling vehicle projects to eight by next year.
- The Chinese carmaker plans to launch new models like a luxury Lynk & Co 02 SUV and a Zeekr 7X electric SUV in Europe.
- This move boosts competition in Europe's car market amid rising Chinese EV presence.
Geely Auto, a major Chinese automaker, announced plans to double its vehicle projects in Europe to eight by next year, signaling aggressive growth. Key players include Geely's brands like Lynk & Co, Zeekr, and Polestar, targeting both luxury and electric vehicle segments. The expansion involves new model launches and production ramps, which matter as they intensify rivalry with European and other global carmakers in a shifting market.