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Home > Business > China’s Geely Automobile plans new EV unit after profit fell by a third in 2020

China’s Geely Automobile plans new EV unit after profit fell by a third in 2020

Published by linker 5

Posted on March 23, 2021

1 min read

Last updated: January 21, 2026

Geely Automobile's new EV unit plans after profit decline - Global Banking & Finance Review — The image depicts Geely Automobile's logo alongside electric vehicle concepts, highlighting their new EV unit plans after a significant profit drop in 2020. This relates to the company's strategic shift in the electric vehicle market.