Recently, a Geely internal executive told the Blue Whale Auto reporter that in the battery sector, the company is currently organizing several of its companies. In the long run, they may be merged into Geely Automobile's listed companies. “Specifically, until this battery group has the conditions to make a profit.” It also said that recently, the Ningde Era revealed that the acquisition of Geely's Chongqing battery project was only an isolated case; after all, the Ningde Era also needed to expand production capacity. Recently, the State Administration of Market Supervision and Administration announced the list of unconditional approval of operator concentration cases from August 31 to September 6, 2026. Among them, the “Case of Ningde Times New Energy Technology Co., Ltd.'s acquisition of shares in Chongqing Yaoning New Energy Technology Co., Ltd.” was settled on September 3. The operators involved in the concentration were Ningde Times and Jikrypton Automobile Co., Ltd. However, the government has yet to disclose the specific acquisition ratio, transaction amount, and equity structure after the transaction was completed during the Ningde era. The reporter sent inquiries to Ningde Times and others, but no response had been received as of press time.

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