A senior Geely executive says the group is reorganizing several battery businesses and may consolidate them into the listed Geely Auto entity over the long term, contingent on the battery group achieving profitability. The executive said recent reports that CATL purchased a Geely-linked Chongqing battery project are an isolated case, reflecting CATL's need to expand capacity.

2026-09-15

A senior Geely executive says the group is reorganizing several battery businesses and may consolidate them into the listed Geely Auto entity over the long term, contingent on the battery group achieving profitability. The executive said recent reports that CATL purchased a Geely-linked Chongqing battery project are an isolated case, reflecting CATL's need to expand capacity.