Tan Xuguang: Unveiling New Quality Productivity in Power Solutions for Asia-Pacific Data Centers!

SINGAPORE, June 19, 2024 /PRNewswire/ -- As part of the strategic initiatives of Shandong Heavy Industry Group aimed at fostering new quality productivity and exploring incremental business opportunit

PR NewswireJun 19 09:25 ET

[Brokerage Focus] GTJA points out that the penetration rate of new energy autos has reached a new historical high, and the sector still offers opportunities for well-performing auto companies and component manufacturers.

GTJA stated that the penetration rates of new energy autos in both retail and wholesale sectors have hit record highs. Overall, the performance of end-market sales is strong in May 2024. The bank pointed out that the EU tariffs have temporarily landed, and the final implementation results still need to be awaited. In the short term, the bank believes that it may have a certain impact on the export of pure EV models by independent brands to Europe, but the overall impact on the export of pure EV models by independent Chinese brands globally is still limited, because the proportion of pure EV models exported to passenger vehicles to Europe is not high. In addition, export sales continue to maintain rapid year-on-year growth, and the offshore model is actively transitioning. The bank expects direct presence in Europe.

金吾財訊Jun 19 03:37 ET

Tan Xuguang: Southeast Asia Product Exports Must Navigate With a "Battle Plan" and Transform

SINGAPORE, June 18, 2024 /PRNewswire/ -- On June 16-17, Tan Xuguang presided over a strategic meeting in Singapore dedicated to Weichai's Southeast Asia market export initiatives. The session included

PR NewswireJun 18 03:45 ET

Tan Xuguang: Enter South Korea, Full Focus on Business in the "Doorstep" Market

SEOUL, South Korea, June 16, 2024 /PRNewswire/ -- In alignment with the global strategic development of Shandong Heavy Industry, with a focus on bolstering "doorstep" export business, from June 14th t

PR NewswireJun 16 07:38 ET

In May, the pickup truck market sold 45,000 vehicles, an increase of 1.7% from the previous month, according to the Joint Branch Association.

According to the Zhitong Finance APP, data released by the Pick-up Sub-Association on June 14th, 2024 showed that 45,000 pickups were sold in May, which was the same as the previous year, an increase of 1.7% on a month-on-month basis, and was at a relatively high level in the past five years.

Zhitong FinanceJun 14 05:24 ET

Express News | JPMorgan Chase & Co's Long Position in H-Shares of Weichai Power Decreases to 6.60% on June 6 From 7.30% - HKEX

ReutersJun 11 06:28 ET