Geely Automobile Holdings (HK:0175) has released an update.
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Geely Automobile Holdings reported a robust 28% year-on-year increase in vehicle sales for October 2024, with total sales reaching 226,686 units. The company’s electric vehicle segment showed significant growth, with battery electric vehicles and plug-in hybrids experiencing 132% and 17% increases, respectively. Despite a slight decline in sales for its Proton brand, Geely’s overall performance suggests strong market demand and a promising outlook for investors.
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