Chinese EV brand Zeekr files for U.S. IPO
By Michael Elkins China's Geely Automobile Holdings (OTC:GELYF) (OTC:GELYY) announced Tuesday that the company’s electric car brand, Zeekr, has confidentially filed for a U.S. initial...
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Geely Automobile News & Analysis
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Stellantis Considers Ending All Carmaking in China After Jeep Exit
(Bloomberg) -- Stellantis NV may stop manufacturing cars in China as geopolitical tensions escalate and western manufacturers cede market share to domestic players.The producer of Peugeot...
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Geely Reaffirms 70,000 EV Delivery Goal; Aims for 50% EVs by 2023
By Michael Elkins Chinese multinational automotive company, Geely (OTC:GELYF) (OTC:GELYY) reaffirmed its goal to complete more than 70,000 Zeekr-branded electric vehicle deliveries for 2022....
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Extent of China's Auto Purchase Tax Exemption Policy Exceeds Expectations - Analyst
By Senad Karaahmetovic China’s Ministry of Finance said it plans to cut the purchase tax for small-engine cars in half in a bid to bolster car sales and revitalize the country’s economy hurt...
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European Stocks Higher; Positive Corporate News Helps Sentiment
By Peter Nurse Investing.com - European stock markets traded higher Tuesday, rebounding after a broad selloff as investors seek bargains, although the combination of rising interest rates...
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The Winners and Losers in Asian Markets From Energy Crunch
(Bloomberg) -- The global spike in energy prices and China’s crackdown on power consumption look set to create more losers than winners in Asian equities as production costs surge and output...
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Hang Seng Nears Correction as Vaccination Halt Worsens Selloff
(Bloomberg) -- Hong Kong’s benchmark stock gauge extended its losses from a recent peak to 10%, set to enter a technical correction, as the city’s temporary suspension of BioNtech...
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Tesla Drops After China Bans Its Cars on Military Complexes
Dhirendra Tripathi Investing.com – Tesla (NASDAQ:TSLA) shares fell 2.5% in Friday’s trade after China banned its vehicles from entering its military complexes on concerns about the cameras...
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