Chinese EV Brand Zeekr Eyes European Manufacturing To Avoid EU Tariffs: Report

Chinese auto conglomerate Geely's luxury EV brand Zeekr Intelligent Technology Holding Ltd (NYSE:ZK) is reportedly exploring manufacturing cars in European factories associated with its parent

BenzingaJul 19 12:32 ET

DATE OF BOARD MEETING

Hong Kong Stock ExchangeJul 19 04:30 ET · Announcements

Beijing Offers Extra 20,000 EV Quotas in 1st Relaxation of Car Purchase Policy Since 2011

The 20,000 quotas are additional to the original 80,000 quotas and can only be used to purchase purely electric vehicles. For details, please visit CnEVPost.

CnEVPostJul 19 04:27 ET

Cui Dongshu: Purchasing enthusiasm is gradually released. In June, the retail penetration rate of electric vehicles reached 49%.

Cui Dongshu stated in an article that in the second quarter, the domestic retail penetration rate of electric vehicles increased by 13 percentage points year-on-year, reaching 49% in June.

Zhitong FinanceJul 18 18:53 ET

Hong Kong stock concept tracking | "vehicle-road cloud integration" policy is bullish with frequent releases, the trillion-dollar market is expected to usher in a booming period (with concept stocks).

CITIC Securities pointed out that as regulations for self-driving industry on both national and local levels gradually improve, each link in the industry chain is expected to accelerate technology research and development and product deployment, benefiting the intelligent automotive industry chain.

Zhitong FinanceJul 17 19:45 ET

Geely Auto (00175.HK) has granted 28.51 million subscription rights.

On July 17th, Geely Auto (00175.HK) announced that, on July 17th, 2024, the company granted 28.51 million share options to eligible participants in accordance with the company's share option plan approved and adopted at the special general meeting of shareholders held on April 28, 2023. The exercise price of the options granted has been set at HKD9.56 per share, while the company's share price at the time of the grant was HKD8.23 per share. The grant is aimed at encouraging the company to provide share options to grantees as incentives or rewards for their contributions to the group.

Gelonghui FinanceJul 17 07:08 ET