GELYF News and Press, Geely Automobile Holdings Ltd From 10/03/20

Global electric car sales for August 2020 were up 58% YoY, with 3.8% market share (3.1% YTD). Europe electric car sales surged 171% with 11% market share in August. Wow! EV market news: California to ban new gasoline cars by 2035. Tesla Battery Day numbers were mind blowing. Forbe...

Cox Automotive forecasts September car sales will be down 0.3% on a volume basis and sees September SAAR of 15.5M. Q3 unit sales are forecast to be down 11.6% Y/Y and YTD unit sales are projected to be down 19.6% to 10,260,719. Surprisingly, Hyundai/Kia (HYMLF) is forecast to be the big marke...

General Motors ( GM +1.6% )  is exploring options in the aerial taxi market as part of a push to look for growth in next-gen transportation markets, sources tip Reuters. More news on: General Motors Company, Hyundai Motor Company, Uber Technologies, Inc., Consumer stocks news, Te...

China's auto market is expected to grow only slightly in the next five years, according to the China Association of Automobile Manufacturers (CAAM). More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer stocks news Read more ...

A joint venture between General Motors (NYSE: GM ) , state-owned SAIC Motor and Guangxi Automobile Group appears to be brewing  up some new plans, according to documents filed with China's Ministry of Industry and Information Technology. More news on: General Motors Company, Geely A...

Welcome to the August 2020 edition of Electric Vehicle [EV] company news. What a month! August saw some record July EV sales announced and a monster month of EV news, especially with so many new players. The biggest news would have to be the European EV sales boom smashing all past records i...

Auto sales in China rose 16.4% to 2.11M vehicles in July to mark a fourth month in a row of positive growth, according to the China Association of Automobile Manufacturers. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer stocks news, ...

NOTE: A version of this article was first published on or about Aug. 4, 2020, on my Seeking Alpha Marketplace site. July month sales numbers from European countries are starting to come in, and things are not looking good for Tesla ( TSLA ), to put it mildly. As of this writing, we have ...

Welcome to the July 2020 edition of Electric Vehicle company news. July was a month of victories for EV leader Tesla (TSLA), as they released their fourth consecutive profitable quarter thereby becoming eligible to join the S&P 500. Tesla is up 535% in the past year. Volkswagen jumped ...

Chinese EV player Li Auto files for a $100M IPO in the U.S. More news on: BYD Company Limited, Geely Automobile Holdings Limited, Tesla, Inc., Consumer stocks news, IPO News, Read more ...