financetom
Business
financetom
/
Business
/
Geely plans to use former SAIC-GM plant in China to produce clean energy vehicles, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Geely plans to use former SAIC-GM plant in China to produce clean energy vehicles, source says
Nov 3, 2025 12:47 AM

SHANGHAI, Nov 3 (Reuters) - Chinese automaker Geely

plans to use a factory formerly owned by SAIC Motor

and U.S. partner General Motors ( GM ) in the

northeastern city of Shenyang to produce clean energy vehicles,

a person with direct knowledge said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BitFuFu to Acquire 80-Megawatt Bitcoin Mining Facility in Ethiopia
BitFuFu to Acquire 80-Megawatt Bitcoin Mining Facility in Ethiopia
Oct 22, 2024
08:43 AM EDT, 10/22/2024 (MT Newswires) -- BitFuFu ( FUFU ) said Tuesday it has agreed to acquire a majority stake in an 80-megawatt Bitcoin mining facility in Ethiopia, boosting its hosting capacity to over 600 megawatts. The new facility is expected to enhance mining capacity by 4.6 EH/s using the latest Bitmain S21-series miners, and its power costs, averaging...
Interactive Brokers Group Revises Down its Q3 Adjusted Earnings; Prompted by 'Settlement of Certain Disputes'
Interactive Brokers Group Revises Down its Q3 Adjusted Earnings; Prompted by 'Settlement of Certain Disputes'
Oct 22, 2024
08:47 AM EDT, 10/22/2024 (MT Newswires) -- Interactive Brokers Group ( IBKR ) revised down its Q3 adjusted earnings per share Tuesday, filing a form 8-K/A with the US Securities and Exchange Commission and explaining the revision was caused by the settlement of 'certain disputes' that took place prior to the end of the quarter. Interactive Brokers ( IBKR )...
Freeport-McMoRan Q3 Adjusted Earnings Decline, Revenue Increases
Freeport-McMoRan Q3 Adjusted Earnings Decline, Revenue Increases
Oct 22, 2024
08:48 AM EDT, 10/22/2024 (MT Newswires) -- Freeport-McMoRan ( FCX ) reported Q3 adjusted net income Tuesday of $0.38 per share, down from $0.39 a year earlier. Analysts polled by Capital IQ expected $0.37. Revenue for the quarter ended Sept. 30 was $6.79 billion, up from $5.82 billion a year earlier. Analysts surveyed by Capital IQ expected $6.46 billion. Shares...
GM sounds upbeat about sales after Q3 results exceed estimates
GM sounds upbeat about sales after Q3 results exceed estimates
Oct 22, 2024
DETROIT (Reuters) - General Motors again exceeded Wall Street's expectations this year, as its third-quarter results benefited from a steady demand for its gasoline-engine truck and SUV, as well as lean inventories.  GM is targeting annual earnings at the top end of its prior forecast, and Chief Financial Officer Paul Jacobson brushed off economic concerns for customers. The consumer has...
Copyright 2023-2026 - www.financetom.com All Rights Reserved