GELYF News and Press, Geely Automobile Holdings Ltd From 12/01/20

The Polestar 2 model won the Car of the Year award in Norway to follow closely its win as the People's Choice in the nation. "The switch to all electric is hard, it’s happening fast, and I feel that all these delightful fuel cars with roaring engines that we petrol heads love are disap...

Loup Ventures estimates that electric vehicle deliveries in China will grow to 3.5M in 2023, 5.1M in 2025 and 13.3M in 2035 if Beijing stays supportive. Loup's breakdown: "As the biggest EV growth market over the next decade, China represents the single largest opportunity for EV makers....

Vehicle sales in China including trucks and buses rose 12.5% Y/Y in October as the industry recovered from the coronavirus. However, the sales were down from September’s 17.4%. Sales in the biggest global auto market surged to 2.6M. Passenger vehicle sales rose 9%, with some autom...

Both official and private surveys revealed bullish business sentiment across manufacturing and services sectors. Policy support for electric vehicles sent related stocks soaring. The leading players are supported by the Chinese internet giants. The shock eleventh-hour suspension o...

Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...

EV startup Polestar will produce vehicles from a new plant that parent Zhejiang Geely Holding (GELYF) plans to build in China, according to Reuters.Geely wants to open a factory with annual capacity of 30K premium EVs in the western city of Chongqing.Polestar currently builds the Polesta...

It is never too early to talk about flying car stock plays. Morgan Stanley is highlighting one today, with a new note on urban air mobility startup Lilium, whose primary product is a passenger air vehicle that is said to use the company's proprietary DEVTC technology and design to significant...

As market revives, China’s vehicle sales rose 12.8% Y/Y to 2.57M vehicles, up from August’s 11.6% growth, according to the China Association of Automobile Manufacturers ((CAAM)).Sales of passenger vehicles rose 8% for the month.For the first nine months, sales declined 6.9% Y/Y ...

Toyota plans for ~10% BEV production by 2030; if it stays with that ambition this will make it a small player in the BEV game. Toyota expands JV with Hino to produce a big hydrogen-powered truck in the US possibly early next year, following an earlier announcement about an FCEV truck ...

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...