The Japan Times<p>After more than a decade of expansion that started with the acquisition of Sweden’s Volvo in 2010, Li Shufu is making cost-cutting the order of the day to stop the hemorrhaging at several of his carmakers. <a href="https://www.japantimes.co.jp/business/2025/03/17/tech/geely-cost-cutting-rivals/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/03/17/tech/geely-cost-cutting-rivals/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://mastodon.social/tags/byd" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>byd</span></a> <a href="https://mastodon.social/tags/china" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>china</span></a> <a href="https://mastodon.social/tags/europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>europe</span></a> <a href="https://mastodon.social/tags/volvo" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>volvo</span></a> <a href="https://mastodon.social/tags/electricvehicles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>electricvehicles</span></a> <a href="https://mastodon.social/tags/carmakers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>carmakers</span></a> <a href="https://mastodon.social/tags/zeekr" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>zeekr</span></a></p>