Chinese automaker Geely beat Revenue Expectations for 2022, sending shares surging Wednesday. The company described this as a “resilient financial and operational performance… achieved despite challenging market conditions and continued pandemic-related disruption.” In efforts to hit that target, Geely said it will lean on its collaborations in its supply chain, which will allow it to lower costs and subsequently selling prices.
The post Geely shares jump after automaker Beats Revenue Expectations for 2022 appeared first on Balanced News Summary.