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In Depth: Chinese Carmakers Shift to ‘Asset-Light’ Models in Overseas Expansion

By An Limin and Ding Yi
2025年11月21日 16:40
As geopolitical tensions rise and trade barriers shift, companies such as Geely Auto, SAIC and XPeng are adopting flexible strategies that use local partners and existing production capacity

Chinese carmaker Geely is betting that an “asset-light” investment model will accelerate its overseas expansion, as competition among China’s automakers to win foreign drivers intensifies amid the global shift toward electric vehicles (EVs).

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