GELYF News and Press, Geely Automobile Holdings Ltd From 08/03/21

Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...

July deliveries came in at 7,931 vehicles, representing +125% y/y growth but a -2% m/m decline. Li and XPeng both saw July deliveries above NIO's figures. NIO could be losing some footing as the competitive environment increases, and August numbers will be important to see if NIO ...

Automakers and battery manufacturers are racing to develop battery technology to power the next generation of vehicles and a greener future. The battery in question needs to reinforce the body structure and extend the driving range. Engineers refer to it as a structural battery that holds t...

Luokung has just announced a deal for the provision of autonomous driving simulation testing services to an affiliate of Geely. However, the initial phase of the contract is for only $2.5 million, and this is a company that was unprofitable as of December 2020 and its working capital ...

Geely has had a rougher than expected 2021, with sales volumes falling short of sell-side expectations as sales of older models fall off faster than expected ahead of significant launches. The new Zeekr 001 looks like a very competitive entrant into the Chinese EV market, with a compe...

On Thursday, Daimler AG (OTC: DDAIF) has officially hit the accelerator in the e-car race with Tesla (NASDAQ: TSLA), revealing it will invest more than 40 billion euros in EVs by 2030. From 2025, three new vehicle platforms will only make battery-powered vehicles. One will cover passenger c...

Scharfsinn86/iStock via Getty Images Seeking Alpha reported on the discussions several weeks back, but the European Commission has now proposed a date to call time on the internal combustion engine. Sales of new cars and vans that produce CO2, including plug-in hybrids, would be banned as of ...

The competitive landscape for EVs is tightening as evident in recent sales numbers for the European continent with Tesla only capturing a 5% market share. China is the largest market for EVs but also with a strong domestic presence of companies ready to go global. Analyst consensu...

SES Holdings, manufacturer of high-performance hybrid Lithium-Metal rechargeable batteries for electric vehicles to list on NYSE under the ticker symbol 'SES' through business combination with SPAC Ivanhoe Capital Acquisition (IVAN) at a valuation of $3.6B.Transaction is expected to provide S...

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 ...