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GELYF News and Press, Geely Automobile Holdings Ltd From 05/11/20

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Company Name: Geely Automobile Holdings Ltd
Stock Symbol: GELYF
Market: OTC

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GELYF - China records first gain in auto sales in 21 months

The China Association of Automobile Manufacturers says it expects auto sales for the year to be down 15% to 25% depending upon the severity of the pandemic and supply chain issues. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer sto...

GELYF - Green shoots in China auto

A social media posting by the China Association of Automobile Manufacturers reported a 1% in auto sales in China during April to 1.98M vehicles. The modest growth follows a bruising 43% drop in unit sales during Q1. More news on: Ford Motor Company, NIO Limited, Great Wall Motor Company ...

GELYF - Volvo Cars Will Use Luminar's Lidar to Enable Highway Self-Driving in 2022

Swedish automaker Volvo Cars said that it will add lidar sensors and new perception technology from Silicon Valley start-up Luminar to some of its models starting in 2022. Luminar's lidar technology will allow Volvo to offer highway self-driving as an option, the company said.   Volvo's ...

GELYF - EV Company News For The Month Of April 2020

Welcome to the April 2020 edition of Electric Vehicle ((EV)) company news. The big news this month was the COVID-19 disruption. Despite this, global EV sales were solid mostly due to another great result from Europe, and China starting to recover. Perhaps the surprise for March was Tesla Mo...

GELYF - The EV Metals Miners Are The Cheapest They Have Been Since 2015/2016

This article first appeared on Trend Investing on March 17, 2020; therefore, all data is as of that date. With US markets down 30% from their recent highs and panicked investors hitting the sell button, this has taken the EV metal miners from being oversold to now the cheapest they have ev...

GELYF - Kandi affiliate brings electric SUV to market

Kandi Technologies ( KNDI +4.2% ) says the Fengsheng Automotive affiliate introduced its first pure electric SUV. More news on: Kandi Technologies Group, Inc., Geely Automobile Holdings Limited, Consumer stocks news, Read more ...

GELYF - China auto starts slow crawl back

China's March passenger car sales fell 41% Y/Y in March to 1.08M units, according to data released by the China Passenger Car Association. More news on: Tesla, Inc., Volkswagen AG ADR, Honda Motor Co., Ltd., Consumer stocks news, Read more ...

GELYF - Volvo and Veoneer part ways with autonomous driving project

Volvo Cars and Veoneer (NYSE: VNE ) have decided to split their jointly owned software venture Zenuity after undertaking a strategic review of the company that develops software for advanced driver assistance systems and autonomous driving. More news on: Geely Automobile Holdings Limited, ...

GELYF - EV Company News For The Month Of March 2020

Welcome to the March 2020 edition of Electric Vehicle [EV] company news. The big news this month was really the impact of COVID-19. Last month China sales and production were badly impacted and as China now recovers global sales and production are now being impacted. This has meant that the ...

GELYF - Geely: Polestar And Volvo To Be The Earliest Competitors To Tesla Model Y And Model 3

Note: A version of this article was first published on or about March 24, 2020, on my Seeking Alpha Marketplace site. Volvo Cars is owned mostly by Geely (GELYF). Polestar is an automotive brand that is owned by Volvo Cars and Geely, so for all intents and purposes, these names and compani...

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