Komo: 2024 will become a turning point in China's semi-autonomous driving market, optimistic about BYD (01211) and zero-sports cars (09863)
Advanced autonomous driving in China will be commercialized, and 2024 is expected to be an important turning point in the development of China's semi-autonomous vehicle market (L3/4 level).
RBC Predicts 'Robust Growth' in EVs, 75% Market Share by 2050
RBC predicts the electric vehicle market is on the verge of substantial growth, as prices stabilize and charging infrastructure expands.
Cui Dongshu: Strong exchanges and purchases in the NEV market in October led to strong growth in the plug-in
In January-October, new energy passenger vehicles achieved strong positive growth of 35%, which is also a good performance that exceeded expectations.
China's Pickup Truck Sales Rise 0.9% in October
China's pickup truck sales rose 0.9% year over year in October to 42,000 units, Xinhua News Agency reported Saturday, citing data from the China Passenger Car Association (CPCA). However, the producti
Great Wall Motor to Enter More European Countries, Plans to Build Local R&D Center, Report Says
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media. The post Great Wall Motor to enter more European countries, plans to build local R&D center, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.
Great Wall Motor (HKG:2333) Might Be Having Difficulty Using Its Capital Effectively
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capi
EXCLUSIVE | Great Wall Motor's Full Expansion into Europe: Has the R&D Center Site Selection Begun to Target BBA Luxury Brands?
Sina Technology News On the morning of November 27, Sina Technology learned from people familiar with the matter that Great Wall Motor is planning to fully enter the European market. After the German and British markets, Great Wall Motor plans to further expand into eight new European markets. Currently, Chinese car companies are in full swing going overseas, but expanding into the European market is relatively complicated. The first is policy factors. In September of this year, the European Commission announced the official launch of a countervailing investigation against electric vehicles imported from China; second, the European market is the base for luxury brands such as BBA. Users demand high high-end experience, and market competition is intense, so it is not easy to gain a foothold. Opposition against the European Union
Huaxi Securities: Increased high-quality supply and new technology application as the main theme, new energy vehicles are expected to enter the stage of accelerated penetration
Huaxi Securities released a research report saying that with the increase in high-quality supply and application of new technology as the main themes, new energy vehicles are expected to enter an accelerated penetration stage with the continuous introduction of new models in the future and the increase in cost performance brought about by the introduction of new batteries, materials, etc.
Changes in Hong Kong stocks | Xiaopeng Motor-W (09868) rose nearly 6%, leading automobile stocks, retail sales in the NEV market increased 37% year over year in the first three weeks of November
Auto stocks generally rose. As of press release, Xiaopeng Motor-W (09868) rose 5.78% to HK$72.25; Zero Sports (09863) rose 3.94% to HK$36.9; and Great Wall Motor (02333) rose 3.27% to HK$12.
Detailed list! A new batch of “Catalogue of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” was announced. The M9 EV, Tesla Model Y, and BYD Song PLUS are on the list
IT Home reported on November 20 that the Ministry of Industry and Information Technology today announced the “Catalogue of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” (71st batch), which includes 61 pure electric passenger cars, 6 plug-in hybrid passenger cars, and 26 pure electric buses.
Changes in Hong Kong stocks | Xiaopeng Motor-W (09868) rose by more than 5%, leading automobile stocks to increase passenger car production and sales in October, and the Guangzhou Auto Show set a new momentum for sales volume growth
The Zhitong Finance app learned that auto stocks continued to rise in the afternoon. As of press release, Xiaopeng Motor-W (09868) rose 5.6% to HK$68.8; Great Wall Motor (02333) rose 4.32% to HK$12.08; Ideal Car-W (02015) rose 3.25% to HK$162.2; and Wei-SW (09866) rose 2.24% to HK$59.4.
Changes in Hong Kong stocks | Great Wall Motor (02333) rose more than 4%, and the company's large-scale high-performance luxury pickup truck, Shanhai Cannon, went on the market
Great Wall Motor (02333) rose more than 4% and increased 4.66% at press time to HK$12.12, with a turnover of HK$211 million.
China's Commercial Vehicle Sales Jump 19.8% in January-October
China's commercial vehicle sales soared 19.8 percent year-on-year to about 3.3 million units in the first 10 months of this year, industry data showed.
China Automobile Association: Production and sales of new energy vehicles completed 989,000 units and 956,000 units respectively in October, up 29.2% and 33.5% year-on-year respectively
On November 16, the China Automobile Association released a brief analysis of the production and sales of new energy vehicles in October 2023.
Changes in Hong Kong stocks | Xiaopeng Motor-W (09868) fell by more than 4%, leading the decline in auto stocks, many car company officials announced price cuts, and the industry's price war reignited
The Zhitong Finance app learned that auto stocks declined in early trading. As of press release, Xiaopeng Motor-W (09868) fell 3.98% to HK$65.1; Ideal Car-W (02015) fell 3.65% to HK$153.2; and Great Wall Motor (02333) fell 0.35% to HK$11.36.
Great Wall Motor Forms Alliance With TikTok's Chinese Counterpart
Great Wall Motor (SHA:601633, HKG:2333) teamed up with Douyin Group, TikTok's Chinese counterpart, to explore collaborations in smart mobility. The collaboration spans nine key areas including big dat
Cui Dongshu: The overall performance of listed new energy companies is strong, and the performance of BYD (002594.SZ) and Ideal (02015) is better
On November 14, Cui Dongshu published an article stating that new energy vehicles in the past two years have contributed to the increase in sales in the automobile market. Their benefits and investment performance have also been sharply divided, and the profit and cash performance of some companies have been very good.
China Automobile Association: In October, automobile exports of 488,000 vehicles increased 9.8% month-on-month, up 44.2% year-on-year
In October 2023, 124,000 new energy vehicles were exported, an increase of 29.3% over the previous year and an increase of 12.8% over the previous year.
Summary of the third quarterly report of the automobile industry of Haitong Securities: Profitability is under short-term pressure, Q4 peak season revenue and net profit are expected to improve month-on-month
The Zhitong Finance app learned that Haitong Securities released a research report saying that in 2023Q1-Q3, overall sales in the automobile market showed a weak recovery.
China Posts 44% Jump in Auto Exports in October
Exports of vehicles from China rose 44.2% year over year in October to 488,000 units, Xinhua News Agency reported Monday, citing data from the China Association of Automobile Manufacturers. Of the tot