27 February 2026
27 February 2026
In 2017, Geely Group acquired a 49.9% stake in Proton, becoming a Foreign Strategic Partner (FSP).
The planned investment will create an industrial innovation base covering robotics, AI, hydrogen energy and solar power, alongside development of an AI-enabled smart city.
The carmaker is considering expanding the scope of its alliance with Leapmotor to gain access to the company’s battery and EV powertrain systems for brands including Fiat, Opel, and Peugeot.
The US carmaker said a fault in the Integrated Trailer Module (ITM) may cause the unit to lose communication with the vehicle, typically during start-up.
US sales remained strong despite import tariffs.
It will be called SKF Vertevo and a listing is still being planned.
Weak sales in Japan offset by higher overseas sales
Net profit for the year increased 5.9% to €530.7m.
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