UB#GEELYRP2608B(59482.HK)

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UB#GEELYRP2608B

59482.HK

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Hybrid and electric semi truck sales topped 231,000 units 2025 –in China alone

In 2025, China saw a remarkable surge in hybrid and electric semi truck sales, with over 231,000 units produced, marking a 182% increase from 2024. December alone accounted for approximately 45,300 new heavy-duty NEVs, capturing 54% of the market and reflecting a 198% year-over-year growth. This growth is attributed to government policies, including the phase-out of a national trade-in subsidy and anticipated new NEV purchase tax costs in 2026, prompting companies to accelerate their replacement schedules.

Electrek·Yesterday at 05:20

Electrek·Yesterday at 05:20

BEV Sales Down 17% In South Africa In 2025

In 2025, South Africa's BEV sales fell by 17%, with only 1,018 units sold, despite the overall vehicle market reaching a decade-high of 596,818 sales. The decline in BEV sales contrasts with a 280% increase in plug-in hybrid sales, which totaled 2,808 units. Factors contributing to the low BEV sales include high prices and limited consumer awareness, even as the market benefits from economic improvements and low vehicle inflation. The top-selling BEV was the Volvo EX30, with sales dropping from 406 to 112 units.

cleantechnica·01/24/2026 06:35

cleantechnica·01/24/2026 06:35

Geely's Trillion Ambition

Building Chinese-style global giants

Wallstreetcn·01/23/2026 20:13

Wallstreetcn·01/23/2026 20:13

Geely aims for 75% NEV share by 2030

Geely Group has announced a strategic plan aiming for a 75% share of New Energy Vehicles (NEV) by 2030, with a target of selling over 6.5 million vehicles, a 58% increase from 2025. The plan emphasizes global collaboration among its brands and a shift towards ecosystem services and green technology. Geely aims to achieve one trillion Yuan in revenue and expand sales outside China to over a third of total sales. The group also plans to enhance its technological capabilities, including the development of solid-state batteries.

electrive·01/23/2026 17:12

electrive·01/23/2026 17:12

Volvo's Parent Company Will Start Making Solid-State Batteries This Year

Geely, the parent company of Volvo, is set to complete its first solid-state battery pack this year, which will be used in development vehicles. Solid-state batteries are seen as a breakthrough in energy storage, offering higher energy density, faster charging, and improved safety compared to traditional lithium-ion batteries. While Geely has been investing in battery technology since the 2010s, the first solid-state-powered EVs will be test models, with mass-market availability expected around 2027. Other major automakers are also pursuing solid-state technology.

InsideEVs·01/23/2026 16:48

InsideEVs·01/23/2026 16:48