GELYF News and Press, Geely Automobile Holdings Ltd From 05/09/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nio ( NIO ) offers Tesla ( TSLA ) luxury without the production volumes. The company has stiff competition within China, and those competitors are now exporting. Nio will likely remain small, and investors ...

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It goes without saying that Chinese stocks may be the hardest hit due to the government’s strict Covid-19 policy Alibaba ( BABA ): The Chinese flagship company’s efforts to help Shanghai are meeting c...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips What’s going on with Gores Guggenheim (NASDAQ: GGPI ) stock today? As a refresher, the special purpose acquisition company (SPAC) agreed to merge with electric vehicle (EV) maker Polestar last year at a val...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Polestar , a Swedish electric vehicle (EV) maker controlled by Volvo (OTCMKTS: VLVLY ) and Chinese manufacturer Geely (OTCMKTS : GELYF ) plans to go public soon. It will do this through a reverse merger with a...

Gores Guggenheim ("GGPI") announced its planned de-SPAC transaction with Volvo- and Geely-backed electric vehicle maker Polestar last year. The transaction is expected to close in the first half of 2022. The GGPI stock continues to trade at a discount to other EV pureplays, despit...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Gores Guggenheim (NASDAQ: GGPI ), the special purpose acquisition company (SPAC) set to merge with Polestar , are surging higher following an order from Hertz (NASDAQ: HTZ ). The vehicle rental servic...

Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pre-merger special purpose acquisition company (SPAC) Gores Guggenheim (NASDAQ: GGPI ) is having a rough time. GGPI stock, which is set to merge with Swedish electric vehicle (EV) maker Polestar, is in trouble due t...

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...