China's Geely Auto Grows EV Ambition As Fossil Fuel Vehicle Demand Sinks
KONTAN.CO.ID - SHANGHAI. China's Geely Automobile Holdings Ltd aims to increase the proportion of electric vehicles (EVs) in its total sales to 50% in 2023, as it accelerates a transition to electric power amid weakening demand for petrol-driven cars.
Sales of pure electric and plug-in hybrids will already account for more than 30% of Geely's monthly sales in the second half of this year, Chief Executive Jerry Gan told reporters in an online event on Thursday.
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