GELYF News and Press, Geely Automobile Holdings Ltd From 06/29/22

Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035, effectively closing the chapter on the internal combustion engine. Many automakers are already in the process of switching over to cleaner fleets, but...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re a shareholder of Gores Guggenheim (NASDAQ: GGPI ), there’s a big reason to vote your GGPI stock on June 22 in favor of the combination with Polestar. Polestar released the first image ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It has been a tough year for risk assets. And electric vehicle (EV) stocks have been among the most challenging propositions for investors. But it’s time to put some of those concerns in the rearview mirror with Gor...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gores Guggenheim (NASDAQ: GGPI ) shareholders will vote on its merger with Polestar on June 22 The company’s board is in favor of the merger Shares of GGPI stock are down 14% year-to-date (YTD) Sourc...

As the EV industry progresses, competition between Tesla and ICE majors transitioning to EV will increase, likely leading to lower margins. EV infrastructure is limited, production costs are high, and mass-market segments have not been reached, factors needed in order to accelerate ad...

China is reportedly talking to automakers about extending subsidies for electric vehicles once again. The subsidies were originally set to be phased out by the end of 2020 before the pandemic hit and the Ministry of Information and Industrial Technology extended them for 2021 and 2022. The su...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock performance of Gores Guggenheim (NASDAQ: GGPI ) has been unimpressive since late November 2021. GGPI stock price has tumbled almost 33% from a high of $15.33 in November 2021 to the current levels of $10.29....

Core marketing revenues could be impacted by search's falling ad spend share. Non-marketing revenues on the rise. Delisting risks have not been entirely eliminated. For further details see: Baidu: China's Search Engine Leader And Emerging AI Leader

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 ...