|
|
|
17.11.25 - 09:30
|
Geely′s third-quarter revenue and profit soar on surging EV sales on mainland (SCMP)
|
|
|
Geely Auto, mainland China's second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a near 100 per cent jump in electric vehicle (EV) sales this year.
The Zhejiang-based carmaker reported revenues of 89 billion yuan (US$12.5 billion) in the July-September period, compared with 70 billion yuan a year earlier. Net profit jumped 59 per cent to 3.8 billion yuan.
For the first nine months of the year, Geely's revenue rose 26 per cent to 239 billion yuan, but net......
|
|
|
|
|
|
|
|
|
23.10.25 - 10:21
|
ROUNDUP: Autobauer Volvo verdient mehr als erwartet - Aktie springt hoch (DPA-AFX)
|
|
|
Der von chinesischen Eigentümern kontrollierte schwedische Autobauer Volvo Cars hat im dritten Quartal von dem vor einiger Zeit eingeleiteten Sparprogramm profitiert. Der Gewinn vor Zinsen und Steuern (Ebit) zog trotz niedrigerer Erlöse um elf Prozent auf 6,4 Milliarden schwedische Kronen (rund 585 Mio Euro) an, wie das Unternehmen am Donnerstag in Göteborg mitteilte. Damit übertraf der Autohersteller die Erwartungen der von Bloomberg erfassten Experten deutlich. Der Umsatz sank wegen eines erneuten Absatzrückgangs um sieben Prozent auf gut 86 Milliarden Kronen. Die in den vergangenen Jahren sehr schwache Aktie machte einen kräftigen Satz nach oben..
|
|
|
04.09.25 - 13:27
|
BYD Slashes Annual Sales Target As Demand Slumps, Competition Intensifies (ZeroHedge)
|
|
|
BYD Slashes Annual Sales Target As Demand Slumps, Competition Intensifies
China's hyper-competitive electric vehicle market means that even top players, such as BYD Auto, are no longer immune, as smaller players continue to gobble up increasing market share. This comes as growth in the world's largest EV market slowed over the summer, with mounting headwinds expected this fall.
BYD, the world's largest EV maker, slashed its full-year sales target to 4.6 million units, down a whopping 16% from its previous estimate of 5.5 million, according to a Reuters report. The downshift in forecast was attributed to intensifying competition in China's EV market from rivals such as Geely, Xpeng, and Xiaomi. BYD also reported a 30% plunge in quarterly profit and flat deliveries in July to August.
*BYD CUTS 2025 SALES GOAL AS MUCH AS 16% TO 4.6M VEHICLES: RTRS
— zerohedge (@zerohedge) September 4, 2025
Despite the cut, one Wall Street analyst noted that the new target is more realistic and aligns...
|
|
|
|
|
24.08.25 - 15:00
|
Can Tesla′s Chinese AI Gamble Reverse Its Sales Slump? (24/7 Wall St.)
|
|
|
Tesla's Chinese Challenge Tesla (NASDAQ:TSLA), once a dominant force in China's electric vehicle (EV) market, is facing headwinds. In the second quarter, Tesla's sales in China dropped 11.7%, a stark contrast to the robust growth of local EV giants like BYD (OTC:BYDDY) and Geely. Chinese consumers, accustomed to tech-laden vehicles, are increasingly favoring domestic brands […]
The post Can Tesla's Chinese AI Gamble Reverse Its Sales Slump? appeared first on 24/7 Wall St.....
|
|
|
|
|
14.08.25 - 12:06
|
Tycoon Li Shufu′s Geely Auto posts first-half profit drop, but beats estimates (SCMP)
|
|
|
Geely Auto, mainland China's second-largest carmaker, reported a 14 per cent drop in first-half profit even as revenue surged on sales of electric vehicles (EVs) to budget-conscious consumers aided by heavy discounts.
Profit for the January to June period came in at 9.3 billion yuan (US$1.3 billion) versus 10.8 billion yuan a year earlier based on international accounting standards, according to a filing to the Hong Kong stock exchange on Thursday. The profit exceeded the 7.6 billion yuan......
|
|
|
|
|
|
|
09.07.25 - 13:54
|
Chinese EV maker Zeekr plugs in to hybrids to tap into soaring sales (SCMP)
|
|
|
Zeekr, a premium electric vehicle (EV) unit of Geely Auto, has jumped on the hybrid technology bandwagon to widen its customer base amid rising competition in the world's largest automotive market.
The Hangzhou-based company has become the latest mainland Chinese EV assembler to launch plug-in hybrids, leaving Shanghai-headquartered Nio as the only domestic company making pure EVs.
US carmaker Tesla, which produces cars on the mainland, is another maker of pure EVs.
“Nearly all Chinese carmakers......
|
|
|
02.07.25 - 10:06
|
BYD, Geely bank on big discounts to set record car sales, dent smaller rivals (SCMP)
|
|
|
China's leading electric vehicle (EV) makers from BYD to Geely Auto sustained their strong sales last month as big price cuts lured new buyers, helping boost their market share and heaping pressure on smaller, unprofitable rivals.
BYD, the world's largest EV builder, delivered 382,585 vehicles in June for its best month this year, the Shenzhen-based company said in a filing on Tuesday. While deliveries were little changed from May, they jumped 12 per cent from a year earlier. Geely, China's......
|
|
|
|
|
|
|
19.05.25 - 06:01
|
Geely bei Absatz und Gewinn deutlich im Plus (Elektroauto-News)
|
|
|
Die Konkurrenz dürfte recht neidisch nach China blicken: Geely verbucht 25 Prozent mehr Umsatz, 264 Prozent mehr Gewinn und fast 16 Prozent Marge.
Der Beitrag Geely bei Absatz und Gewinn deutlich im Plus erschien zuerst auf Elektroauto-News.net....
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
