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GELYF News and Press, Geely Automobile Holdings Ltd From 03/16/22

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Company Name: Geely Automobile Holdings Ltd
Stock Symbol: GELYF
Market: OTC

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GELYF - Geely Auto Has Hit Some Big Potholes, But The Fundamental Story Is Intact

Geely has been hit hard by production challenges, including component shortages, input cost inflation, and disruptions from COVID-19 lockdowns. Recent unit volume performance has been unimpressive, but new launches later in 2022 should drive a new period of market share growth, and ex...

GELYF - Gores Guggenheim Stock Looks Attractive as Polestar Has All Ducks in Row

InvestorPlace - Stock Market News, Stock Advice & Trading Tips We are getting closer to the reverse merger between Gores Guggenheim (NASDAQ: GGPI ), a special purpose acquisition company (SPAC), and Swedish electric-car maker Polestar . The deal is expected to close in the first...

GELYF - Polestar EVs Are Too Niche for Long-Term GGPI Stock Growth

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gores Guggenheim (NASDAQ: GGPI ) stock represents a Special Purpose Acquisition Company (SPAC) taking electric car company Polestar public. Source: Robert Way / Shutterstock.com You may remember Polestar from i...

GELYF - EV Company News For The Month Of February 2022

Global electric car sales Jan. 2022 - Up 87% YoY reaching 10% share. China sales up 115% YoY to 17% share. Europe sales were up 39% YoY to 19% share. EV market news - US$5B plan to fund EV charging network over 5 years. USA Q4, 2021 EV sales up 72%. 10 electric pickups coming to the U...

GELYF - Gores Guggenheim Stock Is Cheap for a Reason, But That Is No Reason to Stay Away

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In a recent article on Gores Guggenheim (NASDAQ: GGPI ) stock, I focused mainly on its valuation angle. That is, the low implied valuation of its special purpose acquisition company merger with Polestar . ...

GELYF - Further EV Bubble Deflating Could Make Gores Guggenheim a Steal

InvestorPlace - Stock Market News, Stock Advice & Trading Tips As electric vehicle stocks have declined across the board, the time to bargain hunt in this space may be now. But instead of going with the most popular, high-profile plays, you may want to go with Gores Guggenheim (NASDA...

GELYF - Putin Holds The Highest Trump Cards In Europe

The U.S. has been importing more crude oil from Russia, especially on the West Coast, due to the decline of Alaska’s crude oil output. So, if the U.S. tried to curtail Russian energy imports, then the record prices at the pump on the West Coast could soar higher. China is expor...

GELYF - What's More Important At Ford Than Its New Electric Vehicles

Ford stock has been on the upswing supposedly because of its electric vehicle future. Most of Ford’s sales, however, are of non-all-electric products, such as its compact SUVs, the Escape (Kuga in Europe) and Bronco Sport. Whereas the full-size body-on-frame Bronco starts a...

GELYF - Buy GGPI Before The Merger With Polestar

Polestar will be going public through the SPAC Gores Guggenheim. Investors can use Lucid's go-public event as a blueprint for GGPI's near term trading potential. Fundamentally, GGPI looks to be at least two times undervalued compared to Lucid and Rivian. The comparison of Pole...

GELYF - EV Company News For The Month Of January 2022

Global electric car sales for Dec. 2021 - up ~80% YoY, reaching 15% share. China sales up 125% YoY to 21% share. Europe sales flat YoY, hit a record 29% share. EV market news - China 2022 NEV subsidies policy will terminate on December 31, 2022. BloombergNEF forecasts just over 10 mil...

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