In a groundbreaking move, Li Shufu, the billionaire founder of Chinese automaker Geely, has made a bold statement about the future of electric vehicles. Speaking at the Smart EV 2026 conference, Li Shufu has revealed that methanol electric vehicles could be a viable path for the green transition. According to Li, methanol-powered EVs could offer a more efficient and cost-effective alternative to traditional battery-electric vehicles, addressing some of the key challenges associated with widespread adoption of electric vehicles. With Geely already investing heavily in methanol-based technologies, Li's comments have sent shockwaves through the industry, sparking debate about the potential of this emerging technology.


Smart EV 2026 | Li Shufu: Methanol Electric Vehicles Are a Viable Path for Green Transition  Gasgoo