GELYF News and Press, Geely Automobile Holdings Ltd From 07/11/21

China and Europe continue to dominate electric car sales. The electric pickup truck is coming to the USA in 2022. The Wuling MINI super cheap electric car is now the global bestseller. Chinese EVs are going global. Electric motorbikes and e-mobility taking off. Bigger and cheaper ...

Tramino/iStock Unreleased via Getty Images SPAC Gores Guggenheim (GGPI) rose 5.6% on a report that it's in discussions to take electric-car maker Polestar public in a deal that could value the EV company at more than $10B. A SPAC deal could happen as soon as this year, traders said,...

The EV era is coming, and the IEA is projecting at least 145 million in global EV stock by 2030, as strong growth continues into 2021. While there are some significant opportunities in pure-play EV manufacturers, those exhibit a much riskier profile, especially SPAC entrants. EV d...

Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...

With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share. The biggest market shar...

Tomwang112/iStock via Getty Images As governments across the globe advance greener transport legislation to meet climate targets, a question that continues to surface is how much cleaner are EVs than traditional automobiles. Estimates exploring the carbon gap have to cover thousands of parame...

jetcityimage/iStock Editorial via Getty Images The European Commission is discussing a zero-emissions target for cars sold beyond 2035, according to a report from Politico, which cited officials in Brussels. "That would not only mean the end of the internal combustion engine, but also the end...

Globally, EVs accounted for less than 5% of total car sales in 2020, but the segment grew 45% to even amid the pandemic. Beyond commitments from OEMs to expand their EV lineups, supportive government policies around the world are further driving EV adoption. While OEMs and governm...

Taochejun (Fujian) Automobile Distribution, a Chinese subsidiary of Happiness Biotech ([[HAPP]] -2.9%) has signed a distribution agreement with Zhejiang Fengsheng Automobile Sales Co., a wholly owned subsidiary of Geely Technology Group (GELYF), to distribute electric vehicles under the brand...

Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...