Geely Is On Track For Substantial NEV Sales In 2024 (GELYF)

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Vitalij Sova/iStock Editorial via Getty Images Introduction Per my October article, Geely Automobile (OTCPK:GELYY) (OTCPK:GELYF) is a major battery electric vehicle ("BEV") producer, despite being overlooked frequently. Headlines in the US have talked about slowing EV sales in recent months, but Geely Automobile is a global company showing no signs of slowing down. New energy vehicles ("NEVs") consist of BEVs and plug-in hybrids ("PHEVs"). My thesis is that Geely Automobile will sell a substantial number of NEVs in 2024. At the time of this writing, $100 is equivalent to about RMB 714 so we divide RMB numbers by about 7.14...