---
title: "Weekly Recap | GELHY.US -6.32%, charging and swap deals in focus"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300848138.md"
description: "GELHY.US fell 6.32% this week to close at $37.35. The week opened at $41.225 on Monday and touched a high of $41.75 before selling off across the following sessions. Thursday marked the low at $36.54, with a slight recovery on Friday to $37.35. The weekly range was 12.64%, and the low also stands at the bottom of the 60-session trading range."
datetime: "2026-10-03T06:51:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300848138.md)
  - [en](https://longbridge.com/en/news/300848138.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300848138.md)
generator: "portal-rs"
---

# Weekly Recap | GELHY.US -6.32%, charging and swap deals in focus

## The Week

GELHY.US fell 6.32% this week to close at $37.35. The week opened at $41.225 on Monday and touched a high of $41.75 before selling off across the following sessions. Thursday marked the low at $36.54, with a slight recovery on Friday to $37.35. The weekly range was 12.64%, and the low also stands at the bottom of the 60-session trading range.

## Key Events

The week centred on charging and battery-swap developments. On Monday, NIO and Geely struck a battery-swapping deal that values the energy unit at $2.4 billion, reinforced by cross-shareholding. Goldman Sachs initiated coverage on Geely with a buy rating the same day. Midweek, Geely began rolling out 2.25 MW ultra-fast chargers in China with sub-nine-minute charging. September sales rose on EV and export momentum despite a decline at Lynk & Co.

## The Week Ahead

US macro releases dominate next week: S&P Global services PMI final and ISM non-manufacturing PMI on Monday, trade balance data on Tuesday, and EIA crude inventories on Wednesday. On the company side, Geely reports nine-month results on 29 October after the market close, with consensus revenue near $16.8 billion.

## In Short

Shares pulled back while company news skewed positive, with battery-swap ties and ultra-fast charger rollout shaping the story. Valuation sits at 1.45x book and 8.4x earnings; latest-session capital flows show no clear large-lot or retail bias. The next test is whether nine-month results can match the pace of product and export expansion.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [GELHY.US](https://longbridge.com/en/quote/GELHY.US.md)

## Related News & Research

- [China’s Nio and Geely deepen commitment to EV battery swapping tech](https://longbridge.com/en/news/300297692.md)
- [NIO inks battery-swapping deal with Geely, values energy unit at $2.4 billion](https://longbridge.com/en/news/300232650.md)
- [China’s Geely, Nio Strengthen Battery-Swap Alliance With Cross-Shareholding Deal](https://longbridge.com/en/news/300297693.md)
- [NIO Secures Geely Capital for Battery Swapping While Retaining Majority Control](https://longbridge.com/en/news/300307595.md)
- [Geely’s AI fast charging ‘heals’ EV batteries for 20% more cycle life](https://longbridge.com/en/news/300135283.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**