China Auto

The Paper-Thin Empire: Inside Geely’s 99-Billion-Yuan Reality Check

A staggering quarterly revenue haul lays bare the brutal financial paradox powering China’s global EV expansion.

On paper, the headline numbers read like an unabashed victory lap. When Geely Auto filed its third-quarter financial results on October 29, the top-line figure demanded attention:…

Yet scratch beneath that 99-billion-yuan marquee and the financial anatomy reveals a sobering truth.

The paradox is striking when viewed against the wider global landscape. Across the first eight months of 2026, Chinese automakers captured six of the top global EV sales spots,…

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A staggering quarterly revenue haul lays bare the brutal financial paradox powering China’s global EV expansion.

Read at Downforce & Divots