GELYF News and Press, Geely Automobile Holdings Ltd

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...

2023-03-27 20:23:31 ET OTCPK:GELYY OTCPK:GELYF and methanol-powered vehicles. For further details see: SPAC Aquaron to merge with Chinese hydrogen vehicle developer Bestpath

2023-03-10 01:28:06 ET Hong Kong stocks is leading the pack in Asia market, continuing its downward trend for the fourth day and erasing its advance for the year, pressured by an overnight slump on Wall Street due to worries of prolonged high-interest rates in the US ahead of Febr...

2023-03-09 12:43:24 ET Summary The end of both the temporary car sales tax cut and electric vehicle incentives on December 31, 2022 pulled EV sales forward. It's payback time. Automotive sales have slowed dramatically through a confluence of negative factors. The recent 50% fall i...

2023-03-07 08:57:00 ET Summary A few days ago, Ford Motor Co. suspended production and halted shipments of its F-150 Lightning electric pickup. Battery industry in China is on the cusp of a price war. U.S. has the fourth largest global lithium reserves, although it only mines ...

2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...

Summary Participants hailed the Inflation Reduction Act (IRA), passed in the US last summer, as the most significant development for EVs globally in 2022. The affordability of electric transportation tends to be a key concern to local and national governments. China’s leading...

Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...

Summary Over 1/4th of Geely’s units sold were BEVs in December 2022. Geely sold approximately 200 thousand more BEVs in 2022 than in 2021. Geely has a goal of selling over 600 thousand new energy vehicles in 2023. Introduction Consumers are quickly switching to batt...