GELYF News and Press, Geely Automobile Holdings Ltd From 01/31/23

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...

Summary Polestar delivered 21,000 vehicles in the fourth quarter, more than doubling volumes from the third quarter. Full-year deliveries totaled 51,500 vehicles, beating its revised guidance of 50,000 vehicles. The company has guided full-year 2023 deliveries of 80,000 vehicles, a y/y ...

Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...

Summary Geely Auto Holdings is a leading Chinese ICE car maker transitioning from ICE to BEV by freezing ICE manufacture and rapidly expanding BEV production in new companies. New BEV companies under the Geely Auto Holdings umbrella include Zeekr, Geometry, Lynk & Co, Livan. Gee...

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Robert Way / Shutterstock.com Polestar (NASDAQ: PSNY ) stock slumped 13% yesterday, trending down amid worries about China’s Covid-19 policies and recent protests against the restrictions. Now, thou...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growth and tech stocks have taken a massive hit this year due to a range of macro factors. Soaring inflation has led to hawkish monetary policy from the Federal Reserve. This hasn’t helped supply chains, which remain...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Polestar Automotive (NASDAQ: PSNY ) stock are up by more than 20% after the company reported its third-quarter earnings . Notably, revenue tallied in at $435.4 million, up more than 100% year-over-year comp...

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

Shares of Swedish premium electric-vehicle (EV) maker Polestar Automotive Holding (NASDAQ: PSNY) fell 35.3% in September, according to data from S&P Global Market Intelligence . For context, last month, the S&P 500 and Nasdaq Composite indexes declined 9....