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The latest update is out from Geely Automobile Holdings ( (HK:0175) ).
Geely Automobile Holdings announced that its parent company, Zhejiang Geely Holding Group, has entered into a framework agreement with Renault S.A.S. to expand strategic cooperation in developing zero and low emission vehicles in Brazil. Geely Automobile Holdings is exploring options to participate in this venture, seeking potential synergies from the collaboration and opportunities in the Latin American market.
More about Geely Automobile Holdings
Geely Automobile Holdings Limited is a company incorporated in the Cayman Islands, operating within the automotive industry. It is primarily focused on the development and production of automobiles, holding significant market interest through its subsidiary, Zhejiang Geely Holding Group Company Limited.
YTD Price Performance: 21.55%
Average Trading Volume: 74,604
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.18B
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