Li Shufu, the Chairman of Geely Holding Group, has reiterated that Geely will maintain its focus on research and development of traditional internal combustion engine vehicles, while simultaneously pursuing the parallel advancement of smart electric vehicles, traditional internal combustion engine vehicles, and hybrid vehicles. Speaking on the global acquisitions of automobile companies, Li Shufu emphasized that the primary objective is to acquire advanced technology, underscoring the importance of automotive enterprises with robust foundational skills as the cornerstone of Geely's growth strategy.
