business / news / / The Straits Times
Zhejiang Geely Holding Group beat BYD in sales in the first two months of 2026.
Geely surpassed BYD in global car sales during the first two months of 2026.
KEY POINTS
- Geely is shifting its remaining petrol vehicles to petrol-electric hybrids to boost fuel efficiency.
- Chinese car exports reached 7.1 million in 2025 and may hit 10 million in 2026.
- Plug-in hybrids from Geely and BYD are redirected to overseas markets due to lagging charging infrastructure.
- European anti-subsidy tariffs on Chinese vehicles exempted plug-in hybrids, leading to import surges.
COMPANIES
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