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Geely autos (0175.HK) Q3 2024 performance review: performance continues to be released, zeekr and Lynk & Co merger increases global strategy focus.
Event Description: Geely Autos releases its performance for the third quarter of 2024. It achieved an operating revenue of 167.68 billion yuan in the first three quarters of 2024, a year-on-year increase of 36.0%, with sales of 1.49 million vehicles, a year-on-year increase of 32.1%, achieving net profit attributable to the parent company.
China's EV Sector May Have a Challenging 1Q -- Market Talk
China Automobile Dealers Association: It is expected that the retail sales of electric vehicles in November will reach 1.28 million, with a penetration rate of approximately 53.3%.
According to the China Automobile Dealers Association's preliminary estimates, the total retail market size of narrow passenger vehicles in November is about 2.4 million vehicles, an increase of 15.4% year-on-year, a 6.1% increase from the previous month. The retail sales of new energy vehicles are expected to reach 1.28 million, with a penetration rate of approximately 53.3%.
Express News | The China Association of Automobile Manufacturers estimates that the retail market for narrow passenger vehicles in November will be around 2.4 million units, a year-on-year increase of 15.4% and a month-on-month increase of 6.1%. New energy fund retail i
In 2030, Geely will invest far more than one hundred billion yuan to make education charity a great cause for generations to come.
On November 20, 2024, the World Conference on Professional and Technical Education Development opened grandly in tianjin, where government officials, education scholars, and entrepreneurs from around the world enthusiastically discussed the sustainable development of professional education.
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
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