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Automaker Geely Launched Its Own Satellites Into Space, Highlighting China’s Ambitions

Earlier this month, the Chinese aerospace company Geespace said it sent 11 satellites into orbit. The satellites went up in Geespace’s fourth rocket launch since 2022, bringing its total “IoT constellation” from 30 to 41 satellites. By the end of this year, it has ambitions to deploy 72 satellites, which will provide global data coverage … Read more

Half of the world’s cars won’t be fully electric by 2040—Renault and Geely are betting big on hybrids to fill the gap

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China’s Geely moves to take EV startup Zeekr private amid trade war with US

China’s Geely Auto wants to take its luxury EV unit Zeekr off the New York Stock Exchange one year after the company’s debut, per Zeekr filings.  The take-private offer comes as the Trump administration explores kicking Chinese companies off American stock exchanges, part of a broader trade war that includes what has become a tariff … Read more

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