During Geely Automobile's third - quarter 2025 earnings conference call, CEO Gui Shengyue shared his insights on the progress of domestic emerging automakers. He pointed out that a large number of these new - entrant automakers have been in operation for quite a long time, with some having a history spanning eight to nine years. Although they have witnessed substantial sales growth this year, only a handful have managed to turn a profit.
Gui Shengyue stressed that for automakers to thrive, they must possess a robust foundation in vehicle manufacturing and adopt a business philosophy that is in harmony with consumer demands. Failing to do so, they will find it extremely difficult to maintain long - term development.
Looking ahead, Gui Shengyue forecasted that the automotive market will enter a phase of "eliminating the less competitive" next year. Companies that are unable to achieve profitability will be confronted with formidable challenges.
