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Geely will purge excess factory capacity and focus on becoming a global competitor to BYD
Geely chairman Li Shufu said the company will close, merge, or sell redundant plants as it pivots from domestic price wars to international expansion.
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scmp.com
Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge
Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.
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thenextweb.com
Geely will purge excess factory capacity and focus on becoming a global competitor to BYD
Geely chairman Li Shufu said the company will close, merge, or sell redundant plants as it pivots from domestic price wars to international expansion.