Geely Auto – assembler of mainland China’s bestselling pure electric vehicle (EV), the Galaxy Xingyuan – said it is betting on longer-range and faster-charging technologies, rather than price cuts, to consolidate its leading position in the world’s largest car market.
Jerry Gan Jiayue, CEO of the firm’s car subsidiary, pledged that the carmaker, as a bellwether player, would “oppose involution”, while staying committed to driving the growth of China’s automobile sector.
Involution refers to…
