battery EV

Geely and Deepal Signal China Mobility’s Next Shift

Geely and Deepal have offered two revealing snapshots of China’s next mobility phase: Geely launched the world’s first green methanol one-make race car with a 48% thermal-efficiency engine, while Deepal finalized a RMB 6.122 billion funding round to accelerate smart EV development and global expansion. Together, the moves show how the Chinese EV market is evolving beyond a single-track battery story toward a more diversified, capital-intensive competition centered on technology, scale, and international growth.