Geely

Geely Auto reported a net income of RMB 3.82 billion ($538 million) for the third quarter, marking a 59 percent year-on-year increase.

Geely will also utilize idle capacity at Lotus's Wuhan plant to produce new Geely Galaxy models through production line modifications.

As a minority shareholder, Geely can now leverage Renault Brazil's resources to accelerate its expansion in the region.

From January to October, Geely Galaxy sold 1,002,461 vehicles, surpassing its annual sales target of one million units ahead of schedule.

The Starshine 6 measures 4,806 mm in length and offers up to 125 km of battery range, positioning as one of China's most affordable family sedans.

The launch of the Smart #5 EHD marks the brand's shift from offering only pure electric cars to also developing hybrid models.

Pre-sales for the Starshine 6 began on September 26 in China, with a discounted starting price of RMB 79,800 ($11,200).

Geely Galaxy officially launched the M9 on September 17, which is one of the most affordable large SUVs in the Chinese market.

Polestar has shut down its final direct store in China, transitioning primarily to an online sales model in the country.

The Geely Galaxy E5 and Geely Xingyuan will also be produced at Geely's factory in Puwakarta, Indonesia.