Geely Automobile Holdings Ltd

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Geely Automobile Holdings Ltd. is an investment holding company, which engages in the research, production, marketing and sale of sedans and related automobile components. It operates through the following geographical segments: People's Republic of China, Malaysia, Eastern Europe, Middle East, Africa, Central and South America, and Other Countries. The company was founded on January 1, 1973 and is headquartered in Hong Kong.

French carmaker Renault and Chinese rival Geely expect to finalise a deal on their planned combustion and hybrid engines joint venture towards the end of February, two sources close to the matter told Reuters.

Exclusive: Renault, Geely expect to finalise combustion engines joint venture deal at the end of February - sources

Chinese automaker Geely Holding Group said on Saturday it has launched 11 low-earth orbit satellites, its second dispatch, as it expands its capacity to provide more accurate navigation for autonomous vehicles.

China's Geely launches 11 low-orbit satellites for autonomous cars

BYD Company Limited

BYD Co Ltd

Elon Musk warned Chinese EV firms could "demolish" rivals like Tesla without trade barriers. It comes after BYD overtook Tesla as the world's largest producer of electric cars.

Elon Musk might be right. Chinese EV firms could 'demolish' their US rivals.

Li Auto Inc.

Shares of a host of Chinese electric-vehicle makers rose in Hong Kong, helped by better-than-expected sales in a typically slow month.

Chinese EV Makers' Shares Rise After Better-Than-Expected January Sales

Polestar Automotive Holding UK PLC

Volvo AB

Volvo Cars shares surged 23% as the Swedish automaker said it will stop providing funding to EV startup Polestar as it ramps up its own investment.

Volvo Car shares surge as it'll stop funding Polestar in deal with parent Geely

Swedish automaker Volvo Cars said on Thursday it would stop providing funding to Polestar as it reported a slightly bigger than expected rise in fourth-quarter operating earnings.

Automaker Volvo Cars to stop funding Polestar, quarterly earnings above estimates

SHANGHAI/BRUSSELS, Jan 12 (Reuters) - European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said.

Exclusive: EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source

Arrival Group

AYRO

Amplify Lithium & Battery Technology ETF

Blue Bird

Blink Charging

Bayerische Motoren Werke AG

Electric Last Mile Solutions, Inc.

Envirotech Vehicles Inc

Ford Motor Company

First Trust China AlphaDEX Fund

Fisker Inc

Subaru Corp

General Motors

Canoo

GreenPower Motor Co.

Honda

Hyliion

Global electric car sales Nov. 2023 up 31%YoY to 19% share. China sales up 39% to 42% share. Europe down 2% to 26% share. USA up 30.6% to 9.23% share. EV market news - Electric vehicle sales in US to hit record in 2023. U.S proposes Foreign Entity Of Concern ("FEOC") rules. Canada to ban ICE cars/trucks by 2035. EV company news - BYD Co hits target selling 3.01m units in 2023. Tesla expanding Giga Shanghai ready for $25,000 Model 2, confirms over 2m Cybertruck pre-orders, hits 1.8m target.

EV Company News For The Month Of December 2023

ZEEKR Intelligent Technology Holding Ltd

Zeekr , the electric car brand of China's Geely (GEELY.UL), is aiming to deliver 230,000 cars in 2024, double its deliveries in 2023, a company spokesperson said on Monday.

Geely's Zeekr aims to sell 230,000 EVs in 2024, double 2023 deliveries

Chinese carmaker Geely Automobile Holdings Ltd set its sales volume target at 1.9 million units for 2024, up 13% from its total sales last year, according to a Hong Kong stock exchange filing on Monday.

Chinese automaker Geely raises sales target for 2024 to 1.9 mln units

Geely Automobile is expected to sell a substantial number of new energy vehicles (NEVs) in 2024. The Zeekr 007 BEV model has received 51,569 pre-orders and is expected to contribute to Geely's robust NEV sales in 2024. Geely's PHEV models, such as the Galaxy L7, are also expected to have strong sales in 2024.

Geely Is On Track For Substantial New Energy Vehicle Sales In 2024

SHANGHAI, Dec 22 (Reuters) - Chinese automaker Geely (0175.HK) warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the "situation" in the Red Sea, where Yemeni militants are attacking vessels, forcing shippers to take longer, more expensive routes.

China's Geely warns Red Sea attacks to delay Europe-bound EV shipments

China's Nio and Geely Automobile Holding signed a strategic comprehensive cooperation agreement on battery swapping initiatives, financial media outlet Yicai said on Wednesday.

China's Nio teams up with Geely on battery swapping projects - media

Shares in Volvo fell by more than 11% on Friday after its major shareholder Geely divested a portion of its stake in the car-maker at a big discount to yesterday's closing price.   China-based company Geely said it now has a 78.7% remaining stake in the car-maker, despite selling 3.4% of shares in the company through a share placing.

Volvo shares down after major shareholder Geely divests small stake

Zhejiang Geely Holding Group has trimmed its stake in Volvo Car AB (STO: VOLCAR-B). Shares of the Swedish automaker are down over 10% at writing.

Volvo shares tank 10% as Geely trims stake

Shares of Swedish carmaker Volvo Cars tumbled on Friday as its parent company began selling off some of its holdings.

Volvo shares tumble 14% to record low as Chinese owner Geely sells off stock

Shares of Swedish auto maker Volvo Cars fell 14% on Friday as its top owner, China's Geely , sold parts of its holdings at a deep discount to the previous day's closing price.

Volvo Cars shares plunge to record lows as Geely cuts stake

Global demand for Electric Vehicles (EVs) continuously increases, offering opportunities for well-capitalized manufacturers. In the meantime, Zeekr Intelligent Technology Holding disclosed listing documents for an Initial Public Offering (IPO) on the New York Stock Exchange (NYSE).

China's Zeekr is revving up for an IPO in the US. What do we know?

Chinese automaker Geely's (GEELY.UL) premium electric car brand, Zeekr, on Thursday made public its paperwork for an initial public offering (IPO) in the United States.

Zeekr makes US IPO filing public

Zeekr, Chinese automaker Geely's (GEELY.UL) premium electric car brand, plans to make public a filing to list its shares in New York this week, according to two sources with direct knowledge of the matter, seeking to ride growing enthusiasm for EVs despite strained U.S.-China ties.

Exclusive: Geely's Zeekr edges closer to U.S. IPO, to make filing public this week - sources

XPeng

China has become the world's largest vehicle exporter, with a significant portion of its growth attributed to new energy vehicles, particularly electric vehicles. Europe is driving the demand for Chinese EVs, while gas-powered vehicles are more popular in Russia. Chinese EV manufacturers have a competitive advantage in terms of technology, scale, and cost, but they face challenges such as potential tariffs and a downturn in the Chinese EV market.

Thanks To EV Push, China Is Now The World's Largest Exporter Of Vehicles

DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive hub in Malaysia.

Malaysia's DRB Hicom signs agreement with Geely on domestic auto hub

Alphabet

Nearly two years after Waymo and Geely struck a deal to develop robotaxis for the U.S. market, we are seeing concrete progress in the collaboration. According to a job post posted on LinkedIn, Zeekr, the young electric car brand started by Chinese auto giant Geely, is hiring a logistics manager in the U.S.

Waymo-Zeekr robotaxi poised for US testing by end of 2023

Indonesia has asked Chinese carmaker Geely Automotive Holdings to help it build a homegrown electric car by 2025 or 2026, a senior minister said on Tuesday, adding that the automaker has agreed.

Indonesia asks China's Geely to help build homegrown EV by 2026

Mercedes-Benz Group AG

Volkswagen AG

Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.

News for Geely Automobile Holdings Ltd Stock (GELYY)