GELYF News and Press, Geely Automobile Holdings Ltd From 11/23/21

A brief reminder of the 8 EV trends from my June 2021 article, most of which continue to play out. The latest EV, battery, and EV metals trends as of October 2021. Bloomberg states: "The electric vehicle invasion is already here." 2021 electric car sales are looking like being 100...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Looking for the next special purpose acquisition company (SPAC) for electric vehicles? If so, Gores Guggenheim (NASDAQ: GGPI ) stock is certainly worth understanding. Source: Jeppe Gustafsson / Shutterstock.com...

Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...

Volvo Cars will offer shares at 53 Swedish Kroner ($6.17) each, at the low end of its IPO target range. The price would value the automaker at $18B, well below the $23B that the company had hoped to reach and the $25B that analysts thought was possible. The valuation underscores the fact that...

Volvo Cars confirms that it will undergo an initial public offering as the company returns to the Nasdaq Stockholm Stock Exchange after 2 decades of being owned by other automakers. China’s Zhejiang Geely Holding Group Co will offer shares at 53 to 68 Swedish kronor each ($6.30 to $8.0...

Automobile sales in China declined 19.6% Y/Y in September to 2.07M vehicles, falling for a fifth consecutive month as a prolonged global shortage of semiconductors disrupts production. Sales of passenger cars in September fell 17% Y/Y to 1.58M vehicles, the China Passenger Car Association sai...

Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share. EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. ...

Volvo (OTCPK:VLVLY -1.0%) recalls over 460,000 older-model cars due to faulty airbags that could lead to fatalities in the event of a crash. The automaker is already aware of one such incident that led to a fatality. “In the event of a crash where the driver airbag is activated, fragme...

Volvo (OTCPK:VLVLY) reports sales declined 30.2% Y/Y to 47,223 units in September. Sales in Europe fell 41.5% and down 9% in the United States. A global chip shortage over the past year has caused a major delay in manufacturing activity and forced several automakers to scale back output. On Y...

In the midst of the Chinese crackdown on firms like Alibaba, there are two important factors in play. The Chinese government has been pressuring companies to invest in 'common prosperity', an initiative to reduce inequality in the country. But in my opinion, the main risk of Aliba...