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The Trump administration has blocked Polestar, owned by Chinese automaker Geely, from selling new electric vehicles in the U.S. under the Connected Vehicle Rule. The move restricts Polestar's ability to launch new models and reflects broader geopolitical tensions in the automotive sector.
Waymo has launched its new Ojai robotaxi, a purpose-built autonomous vehicle designed for ride-hailing services. The vehicle is powered by Waymo’s sixth-generation Driver system and manufactured by Zeekr, a brand under China’s Geely.
Geely's new EX5 electric SUV is priced starting at $15,300 and features massaging seats, a 1,000-watt sound system, and up to 610 km of range.
Geely Holding Group, led by billionaire chairman Li Shufu, has announced it will stop building new factories and instead lease existing ones, citing overcapacity in the global automotive industry.