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Geely Auto Hlds ADR (OP: GELYY )

30.30 -0.47 (-1.53%)
Streaming Delayed Price Updated: 3:59 PM EDT, Sep 30, 2024 Add to My Watchlist
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Headline News about Geely Auto Hlds ADR

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Elon Musk's Tesla Gets A Breather As EU Slashes Tariffs On Its China-Made EVs Even As SAIC, Geely, And BYD Face Hefty Duties
The EU has lowered the tariffs on Tesla's China-made electric vehicles, setting them significantly lower than those imposed on other electric car manufacturers. 
Via Benzinga
Topics Electric Vehicles World Trade
Exposures Electric Vehicles Tariff
Chinese EV Brand Zeekr Eyes European Manufacturing To Avoid EU Tariffs: Report
Zeekr is reportedly exploring European manufacturing to bypass EU tariffs and expand globally. Currently, all Zeekr vehicles are made in China, facing a 19.9% duty on EU imports. 
Via Benzinga
Topics World Trade
Exposures Tariff
PSNY Stock Alert: Polestar Receives Nasdaq Non-Compliance Notice
Polestar, which planned to make its cars in South Carolina, will likely be folded into Geely, its Chinese parent, as PSNY stock is stagnant. 
Via InvestorPlace
China's Geely Targets South Korea For Premium EV Debut By 2026: Report
Geely Automobile reportedly plans to introduce its first premium electric vehicle (EV) in South Korea by 2026, targeting a market led by Hyundai and Kia Corp. Geely's Zeekr will open showrooms in Seoul... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
NIO Stock Continues to Climb on Record Q2 Deliveries
While Chinese EV maker Nio is soaring off the back of strong June deliveries, broader economic concerns may weigh on NIO stock. 
Via InvestorPlace
Wait! Don’t Even Think About Buying Ford Stock Until THIS Happens.
Ford Motor's management needs to consider a major change in the automaker's international strategy before Ford stock can really take off. 
Via InvestorPlace
What's Happening With Chrysler-Parent Stellantis Stock On Friday?
Stellantis NV (NYSE: STLA) plans to shift Leapmotor EV production from China to Europe in response to the EU's new tariffs, aiming to reduce the financial burden of increased import costs. CEO Carlos... 
Via Benzinga
Topics World Trade
Exposures Tariff
Volvo Car Shifts EV Production To Belgium From China As EU Tariff Threat Looms: Report
Volvo Car AB is reportedly shifting its Chinese-made EV production to Belgium due to looming EU tariffs on China-made vehicles. The move includes the assembly of EX30 and EX90 models, as well as some... 
Via Benzinga
Topics World Trade
Exposures Tariff
3 EV Penny Stocks to Sell (But One to Buy)
As the EV sector evolves, investors have to be careful about choosing companies, particularly when it comes to EV penny stocks. 
Via InvestorPlace
China's Pumping Big Money Not Just Into Chip Sector But Also EV Batteries: Key Tesla, Nio Suppliers Among Those Eligible To Get $830M R&D Funding
Six firms are eligible to receive state funding to work on the solid-state battery technology, Reuters reported, citing a person familiar with the matter. 
Via Benzinga
Topics Supply Chain
Exposures Supply Chain
NIO Stock Alert: Nio Announces Battery Swap Partnership With FAW
NIO stock is in the red today despite a promising new deal with China-owned FAW Group, making FAW its latest battery-swap partner. 
Via InvestorPlace
Dear NIO Stock Fans, Mark Your Calendars for June 6
Nio believes its new Onvo can see a profit at 20,000 sales per month. The EV maker currently sells 15,000 cars per month. 
Via InvestorPlace
Could Polestar Stock Be the Biggest Loser as Biden Levies New Tariffs on Chinese EVs?
Biden's tariffs are aimed at Chinese EV companies to support U.S. EV growth, but South Korean firms may be the primary beneficiaries. 
Via InvestorPlace
Topics World Trade
Exposures Tariff
Chinese Tesla Rival Zeekr Soars 35% On NYSE Debut, Valuation Hits $6.8B
Via Benzinga
Should You Buy Zeekr (ZK) Stock After Its IPO?
Although Zeekr made a strong public market debut, broader challenges impacting the EV sector cloud the narrative for ZK stock. 
Via InvestorPlace
ZK Stock Alert: 7 Things to Know as Zeekr Starts Trading Today
Geely is using spinoffs like Zeekr to produce 3 million cars this year, with a variety of power trains and price points. 
Via InvestorPlace
China's Zeekr Prices US IPO At Top End Of Estimated Range - What's On The Cards?
Dive into Zeekr's strategic IPO move, priced at $21 per share, attracting major investors like Geely Automobile and Contemporary Amperex Technology, despite concerns over China-U.S. listing trends,... 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
NIO Stock Alert: Nio Signs New Battery Partnership With Lotus
Geely is entering the global electric vehicle market under several Western brand names. It hopes Nio technology will help. 
Via InvestorPlace
Topics Electric Vehicles
Exposures Electric Vehicles
EV Maker Polestar Expands Beyond China Amid Tariff Concerns: Report
Polestar Automotive reportedly accelerates production diversification beyond China amid escalating geopolitical tensions. CEO Ingenlath reveals plans to expedite exports to Europe, targeting Polestar 3... 
Via Benzinga
Tesla Q1 Earnings Miss Expectations, Decline Y/Y
Tesla posted disappointing first-quarter 2024 results, missing both earnings and revenue estimates. This marked the third earnings miss in a row for the electric vehicle behemoth, following 10 straight... 
Via Talk Markets
Topics Earnings Electric Vehicles
Exposures Electric Vehicles Financial
EV Slowdown: Trend or Blip?
We also dig in on whether insurance tech company Lemonade is a lemon. 
Via The Motley Fool
Geely's Zeekr Revives $500M IPO Plans Amid Market Challenges: Report
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely Automobile Holdings, has reportedly reinitiated its plan to raise up to $500 million in an initial public offering (IPO) in New... 
Via Benzinga
Topics Electric Vehicles Initial Public Offering
Exposures Electric Vehicles Securities Market
Mercedes-Benz CEO Calls For Lower EU Tariffs On Chinese EVs Amid Commission Probe: 'Let Competition Play Out'
Källenius argues that welcoming competition from China could enhance the quality of European cars over time. 
Via Benzinga
Steer Away: 3 EV Stocks Risking More Losses
Investor enthusiasm for electric vehicles has waned recently, increasing the possible number of EV stocks to sell. 
Via InvestorPlace
Polestar Welcomes Geely Affiliate As Potential Shareholder, Partnership With Volvo Continues
The potential change in Polestar's ownership structure is being evaluated by Volvo Cars which could result in a redistribution of shares to its shareholders, with Geely Sweden Holding as the primary... 
Via Benzinga
Polestar Layoffs 2024: What to Know About the Latest PSNY Job Cuts
With the Polestar layoffs hitting the airwaves, the news reflects the tough conditions surrounding PSNY stock and EV makers overall. 
Via InvestorPlace
Topics Workforce
Exposures Layoff
Xi Jinping's Representative Slams EU For 'Unfair' Probe Into EV Subsidies: 'Mostly Targeted At China'
China's ambassador to the EU, Fu Cong, has labeled the EU's investigation into Chinese EV manufacturers as "unfair." He cautioned that the EU's actions could lead to further trade investigations into... 
Via Benzinga
Chinese EV Makers, BYD, Geely Under EU Scrutiny: Report
The European Commission is set to conduct inspections of several Chinese automakers, including BYD, Geely Automobile and SAIC. 
Via Benzinga
Geely's EV Arm Zeekr Sets Sights On Doubling Car Deliveries In 2024: Report
Geely Automobile Holding's (OTC: GELYY) electric car subsidiary, Zeekr, reportedly plans to double its car deliveries in 2024, aiming to reach 230,000 vehicles. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Good News! Why Top China EV Play Li Auto Is Just Getting Started.
Among U.S.-listed stocks with big exposure to the rise of EVs in China, LI stock remains one of the best choices. 
Via InvestorPlace
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