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CIGEELY@EC2601A
17613.HK
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EU yields to pressure from automakers as it rethinks 2035 combustion car ban

The European Commission is expected to reverse the EU's ban on new combustion-engine car sales from 2035, due to pressure from automakers and countries like Germany and Italy. The ban may be delayed by five years or softened indefinitely. This move has divided the automotive sector, with traditional automakers supporting the change and EV makers opposing it, fearing increased competition from China.

Reuters·
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Reuters·
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China’s Geely Auto raises bar on car safety with world’s largest test hub amid price war

Geely Auto, China's second-largest carmaker, has launched a 2 billion yuan safety test facility, the world's largest, in Ningbo, Zhejiang province. This move emphasizes Geely's focus on vehicle safety over price competition in China's automotive market. The facility conducts 27 types of tests, including crash and cybersecurity evaluations. Geely aims to set new safety benchmarks, resisting the trend of offering discounts amid a price war. The company delivered 2.79 million vehicles in the first 11 months of 2025, with a significant increase in electric vehicle sales.

南华早报·
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南华早报·
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Huge Changes in Auto Group Share of European EV Sales

The European EV market has seen significant shifts in auto group market shares from 2017 to 2025. Tesla's share dropped from 22.6% to 7.7%, while Renault–Nissan–Mitsubishi fell from 39.4% to 6%. In contrast, Volkswagen Group's share surged from 6.6% to 29.6%. Other notable changes include Geely's rise to 6.6% and Stellantis' increase to 8.6%. The top 8 auto groups now account for nearly 80% of the market, down from almost 100%.

cleantechnica·
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cleantechnica·
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GEELY opens world's largest vehicle testing center in China; spans 45,000 m² with over 2 billion RMB investment.

In NINGBO, China, Geely Auto Group has introduced the Geely Safety Centre, the largest and most cutting-edge automotive safety testing facility worldwide. With a massive span of 45,000 square meters and an initial investment exceeding 2 billion RMB, this center will propel the development of safety technologies and set new global safety standards. It encompasses a wide range of safety tests including high-speed crash simulations and pedestrian protection.

Unusual Whales·
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Unusual Whales·
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Geely Just Built the World's Largest Crash Lab--And It's Coming for Tesla's Safety Crown

Geely Auto Group has opened the world's largest automotive safety testing center in Ningbo, China, costing 2 billion yuan. This facility aims to enhance global EV safety standards amid tightening regulatory scrutiny. It features advanced testing infrastructure, including crash simulations and cybersecurity evaluations. The move aligns with increased safety focus by regulators in China and globally, as concerns rise over cost-cutting impacting safety. Geely's research arm is involved in drafting new safety standards, leveraging experience from its Volvo acquisition.

GuruFocus·
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GuruFocus·
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