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Geely Automobile Holdings Limited (GELYY)

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34.41-0.55 (-1.57%)
At close: 03:46PM EDT
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  • J
    I see Geely Auto Holdings is buying, upon approval, 34.2% of Renault. It appears to me to be another positive position move for Gelyf to continue its inroads into the future EV global market place.

    What do you think, James???
  • J
    Does anyone know where Gelyf-Geely automobile Holdings stands in development of “solid-state” batteries???
  • J
    GEELY has:

    Four (4) New Energy Cars
    Bo Rui GE
    Emgrand EV
    Jia Ji
    Ten (10) SUV/Crossovers
    Seven (7) Sedans
    One (1) MPV
  • W
    Another Chinese company which may be of interest is GHG, GreenTree Hospitality Group, Ltd.
  • S
    Hertz buying 65k Polestar cars owned by Volvo and Geely
  • J
    No American will ever knowingly buy a Geely if offered, or any other Chicom vehicle. And any brand US manufacturer would never ever tell a customer that said vehicle is made by the Chicoms. Never.
  • X
    GELYY + FFIE Faraday Future EV + SOLO 3 Wheel EV up 22 % Week + XOS Up 30 % month +ALPP EV parts + IQST EV motorcycle.
  • K
    Geely has a joint EV venture with Baidu. It's called JIDU. We will see what will happen after April Beijing Car Exibition.
  • P
    Paul G
    In S Alpha today under this headline:

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

    Have read, pretty much sums things up.
  • P
    Paul G
    Geely Automobile : Total Sales Volume For February 2022 Was 78,478 Units Total Sales Volume Up 2% YOY
  • j
    Geely auto February sales are over 400% up year/year.
    The most undervalued china ev stock.
  • P
    Paul G
    NEV Deliveries in Jan - Just outside the top 20, we have one Chinese company that is a sort of elephant on the room. Geely is finally ramping up sales to decent volumes (10,751 registrations, a new record), as are their multiple smaller brands (Lynk & Co, Zeekr, etc.). The biggest Chinese manufacturer in the automotive business seems to have finally found its mojo in the EV category. Expect it to jump into the top 20 soon and become a familiar face there.

    Watch their s/p improve as they climb the chart.
  • J
    James, you are absolutely spot on. Gelyf sharing technology with Volvo is huge, and one could only assume the Volvo input will greatly improve Gelyf vehicles
  • P
    Paul G
    C Suisse: GEELY AUTO (00175.HK) Feb Wholesales Down 46% MoM, Underperforming Entire Sector.

    Facts not opinions.
  • P
    Paul G
    ZEEKR delivered 2,916 vehicles in February 2022 down from 3,530 vehicles in January. Delivered in total 12,453 vehicles to date.

    February delivery numbers affected by the off-season of the Spring Festival. it is expected to generally recover from March.
  • J
    Manufacturer for hire: China's Geely sets out to become a force in electric cars
    FILE PHOTO: Geely Xingyue is seen displayed at the second media day for the Shanghai auto show in Shanghai
    By Yilei Sun and Brenda Goh
    HANGZHOU, China/SHANGHAI (Reuters) - Like many others in his industry, Geely Chairman Li Shufu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc and Nio Inc, sources at the Chinese automaker say.
    Getting Geely, which owns Volvo Cars and 9.7% of Daimler AG, to a place where it too may claim a sizeable chunk of China's burgeoning electric car market and burnish its share price at the same time, has preoccupied Li for much of the past year, they added.

    The result: a flurry of tie-ups unveiled last month that lay bare Geely's intention to position itself as the go-to contract manufacturer for electric vehicles in China and beyond - assembly services that will also offer up its engineering and development expertise.
    "The chairman's attitude towards contract manufacturing is clear: he is embracing it and actively pursuing it," a Geely executive told Reuters.
    Outsourcing production of some models through original equipment manufacturing (OEM) deals is common in the auto industry, but Geely's plans represent the most aggressive attempt yet by an automaker to build up a contract manufacturing business.
    Of the four deals announced, a venture with Taiwan's Foxconn to provide electric vehicle (EV) contract manufacturing, is the most important, said the sources, who were not authorised to speak to media and declined to be identified.
    A subsequent agreement to build mass-market electric vehicles for embattled Los Angeles-based startup Faraday Future would be handled by the venture with Foxconn.
    Geely, which is China's largest privately owned automaker, has also made a separate pact to make smart electric cars for internet giant Baidu Inc, with the first model due to be launched next year. In addition, it is joining hands with Tencent Holdings Ltd on smart car control and autonomous driving technology.
  • J
    Geely Confirms EV Plans: Chinese automaker Geely Automobile Holdings Ltd (OTC: GELYF) confirmed it will form a separate all-electric vehicle company, cnEV Post said, citing an internal memo by Chairman Li Shufu.

    Geely and Apple Inc (NASDAQ: AAPL) foundry Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF) supplier had announced in mid-January a 50-50 joint venture to provide OEM production and comprehensive, customized consulting services to global automakers.

    Baidu Taps Mobike Co-Founder For Geely JV: Chinese search engine Baidu Inc (NASDAQ: BIDU) has appointed Mobike co-founder Xia Yiping as CEO of its EV venture with Geely, Reuters reported.

    Mobike is a bike sharing system, and it was acquired by food delivery company Meituan in 2018.
  • J
    • Foxconn and Chinese carmaker Geely have created a joint venture aimed at selling manufacturing and services to the global auto industry.
    • The deal which was announced on Wednesday, marks Foxconn's continued expansion into the auto sector and reflects Geely's desire to partner with technology companies.
    • Foxconn and Geely will provide car production, consulting, intelligent driving systems and other services to global automotive enterprises, the two companies said.
  • J
    China’s search engine Baidu has announced it will partner with carmaker Geely to make smart electric vehicles (EVs).
    Baidu will provide “intelligent driving capabilities”, while Geely will offer design and manufacturing expertise.

    Geely is one of China’s largest carmakers, and also owns Volvo and a stake in Mercedes-Benz owner Daimler.

    The two companies will be competing not just with Elon Musk's Tesla, but also with several Chinese competitors.

    “We believe that by combining Baidu's expertise in smart transportation, connected vehicles and autonomous driving with Geely's expertise as a leading automobile and EV manufacturer, the new partnership will pave the way for future passenger vehicles," said Robin Li, co-founder and chief executive of Baidu.
  • J
    Geely Auto mentioned:

    Volocopter, which has raised 322 million euros in total, said the new funding will “solidify” its position in urban air-mobility, helping its VoloCity craft through certification and accelerating the launch of commercial routes.

    The two-seat model, powered by multiple electric rotors, performed its first manned test in 2011 and has since completed more than 1,000 flights.

    The company, whose existing backers include carmakers Daimler AG and Geely Automobile Holdings Limited, as well as logistics firm DB Schenker and the venture-capital arm of chipmaker Intel Corp., is seeking FAA approval alongside an earlier application to the European Aviation Safety Agency, as well as Singaporean authorities.