1. The Standing Committee of the National People's Congress deliberated and approved the "Action Plan for Improving the Power Battery Recycling and Utilization System of New Energy Vehicles". 2. Shanghai: Promote the large-scale application of AI in vertical fields, focusing on the formation of application scenarios in areas such as autonomous driving. 3. SAIC and Huawei signed an in-depth cooperation agreement in Shanghai. 4. Musk participated in the debut of flying car Alef: road driving + ver...
Mr. Trump is considering tariffs of about 25 per cent on cars, medicines and chips imported into the US. "The tariffs will be at or above 25 per cent and they will go up significantly this year," Mr. Trump said of chips and medicines. Further increases are likely later this year in order to give companies "a bit of a chance" to move operations back to the US. He added that final details of the auto tariffs would be released "probably" on April 2, when he had said they would take effect.
Some popular Chinese stocks strengthened, with XPeng Motors (XPEV. N) up 4.8 percent, Alibaba (BABA. N) up 2.5 percent and Li Auto (LI. O) up 2 percent.
A shares of Dong'an Power and Hunan Tianyan rose by the daily limit, Changan Automobile and Great Wall Military Industry opened higher, and the indirect controlling shareholder Weapon Equipment Group is planning a reorganization.
On February 10, regarding the announcement by the parent company China Ordnance Equipment Group Co., Ltd. that it is planning a reorganization with other state-owned central enterprise groups, Changan Automobile replied to reporters: "At present, the specific situation is not clear. The announcement is the main one, and further information will be shared."
1. XPeng Motors: The industry's only 5-year 0-interest and 0 down payment policy was officially launched today. 2. NIO announced the launch of a 5-year 0-interest limited-time financial preferential policy. 3. Tesla launched the largest preferential package in history, covering all Model 3 models for the first time. 4. Tesla's Shanghai energy storage super factory will hold a production ceremony on February 11. 5. Tesla's sales in the second largest electric vehicle market in the European Union ...
On February 2nd, BYD shares announced that in January 2025, the output of new energy vehicles was about 327,900, an increase of 59.48% year-on-year; the sales volume was about 300,500, an increase of 49.16% year-on-year.
On January 17, the Ministry of Public Security released the latest statistics on the 17th. In 2024, the number of motor vehicles in the country reached 453 million, including 353 million cars; the number of motor vehicle drivers reached 542 million, including 506 million car drivers. The number of new energy vehicles reached 31.40 million, and 11.25 million were newly registered throughout the year. From 1.20 million in 2019 to 11.25 million in 2024, it showed a high-speed growth trend.
Shares of popular Chinese stocks rose premarket, with XPeng Motors (XPEV. N) rising more than 10 percent, Bilibili (BILI. O), Li Auto (LI. O) rising nearly 5 percent, JD.com (JD. O) rising 4.4 percent, and Pinduoduo (PDD. O), Baidu (BIDU. O), and Alibaba (BABA. N) rising more than 2 percent.
January 13 news, China Automobile Association data show that in 2024, the total production and sales of automobiles completed 31.282 million and 31.436 million vehicles, an increase of 3.7% and 4.5% respectively, and the production and sales volume reached a new high, continuing to maintain a scale of more than 30 million vehicles.
1. China Automobile Association: The sales volume of automobiles in 2024 was 31.436 million, an increase of 4.5% year-on-year. 2. China Automobile Association: The sales volume of new energy vehicles in December 2024 was 1.596 million, an increase of 34% year-on-year. 3. Porsche announced the sales volume in 2024: the global decline of 3%, China plummeted 28%. 4. General Administration of Customs Lv Daliang: The export of photovoltaic products exceeded 200 billion yuan for 4 consecutive years, a...
Hong Kong Hengda Automobile (00708.HK) has risen, rising more than 10%.
On January 1st, XPeng Motors: A total of 36,695 new cars were delivered in December 2024, an increase of 82% year-on-year and 19% month-on-month, setting a new record for single-month deliveries for four consecutive months.
On December 30th, the notice of the General Office of the Ministry of Finance on further clarifying the requirements for the proportion of government procurement of new energy vehicles. Purchasers shall strengthen the government procurement request management of official vehicles, fully understand the functions and performance of new energy vehicles, and take the lead in using new energy vehicles in combination with actual use needs. The competent budget unit shall make an overall plan to determ...
On December 27th, the Executive Committee of Hengqin Guangdong-Macao Deep Cooperation Zone, the Administration Bureau of Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, the People's Government of Nansha District, Guangzhou, and the People's Government of Bao'an District, Shenzhen jointly signed the "Framework Agreement on Mutual Recognition of Intelligent Connected Vehicle Demonstration Application Pilot" in Nansha, Guangzhou this morning. According to the agreement...