Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
XIAOMI Establishes New Company in SH to Expand Entire NEV Sales
The Company's scope of business includes sales of mobile terminals, sales of electronic products, sales of entire new energy vehicles (NEV...
TESLA CHINA SEPTEMBER DELIVERY AT 74,073; BYD DELIVERY AT 286,903: PCA PRELIM DATA
YTD wholesale sales at 5.92 million vehicles, +36% y/y.
$Tesla(TSLA.US)$$Electric Vehicles(BK2568.US)$$XPENG-W(09868.HK)$$XPeng(XPEV.US)$$BYD Company Limited(002594.SZ)$$BYD COMPANY(01211.HK)$$Li Auto(LI.US)$$LI AUTO-W(02015.HK)$
Huawei-backed Aito says gets 50,000 orders for M7 car since relaunch
* The orders would put Aito among China's top-selling new energy vehicle manufacturers based on August sales data
* Aito is a Huawei-backed electric vehicle brand made in partnership with Seres Group
* The M7 was first launched in July 2022 and had shipped 27,405 units as of June 2022
* The new M7 has a lower starting price...
BIDU Apollo Go Approved to Launch Pilot Commercialisation of Driverless Cars in Beijing
Apollo Go will provide regular autonomous driving paid travel services for the general public.
It will...
Jan-Aug. production +7.4% y/y to 18.225 mln, sales +8% y/y/ to 18.21 mln.-CAAM
$BYD COMPANY(01211.HK)$$BYD Company Limited(002594.SZ)$$XPENG-W(09868.HK)$$XPeng(XPEV.US)$$Tesla(TSLA.US)$$Electric Vehicles(BK2568.US)$$NIO-SW(09866.HK)$$NIO Inc(NIO.US)$$NIO Inc. USD OV(NIO.SG)$
CHINA AUG. RETAIL PASSENGER VEHICLE SALES UP 2.5% Y/Y
Aug's retail sales were the highest on record. A large number of new and low-priced models launched amid the recent Chengdu Auto Show, also boosted demand.
$BYD COMPANY(01211.HK)$$BYD Company Limited(002594.SZ)$$XPeng(XPEV.US)$$XPENG-W(09868.HK)$$Tesla(TSLA.US)$$Electric Vehicles(BK2568.US)$$NIO-SW(09866.HK)$$NIO Inc(NIO.US)$$NIO Inc. USD OV(NIO.SG)$
From Jan to Aug, the total wholesale volume reached 5.078 million units, +38.5%y/y.
In August, the retail sales of NEVs reached 798,000 units, +25.6%y/y and +3.6%y/y.-CPCA
$Electric Vehicles(BK2568.US)$$NIO-SW(09866.HK)$$NIO Inc. USD OV(NIO.SG)$$NIO Inc(NIO.US)$$Tesla(TSLA.US)$$XPeng(XPEV.US)$$XPENG-W(09868.HK)$$BYD Company Limited(002594.SZ)$$BYD COMPANY(01211.HK)$$LI AUTO-W(02015.HK)$$Li Auto(LI.US)$
Key Highlights from Yesterday's Trading Session (9/4) :
Alibaba Cloud is reportedly seeking $2.7 billion in funding from state-owned enterprises (SOEs), a potential requirement for a future IPO. The spinoff of Alibaba's cloud unit signals Beijing's support for tech giants' growth. CEO Daniel Zhang previously stated it could be valued between $30 billion and $60 billion.
$BABA-SW(09988.HK)$$Alibaba(BABA.US)$
...
BYD's August sales hit another monthly high.
BYD produced 284,926 NEVs in August vs 175,418 a year earlier.
$BYD Company Limited(002594.SZ)$$BYD COMPANY(01211.HK)$$XPeng(XPEV.US)$$XPENG-W(09868.HK)$$NIO Inc(NIO.US)$$NIO Inc. USD OV(NIO.SG)$$NIO-SW(09866.HK)$$LI AUTO-W(02015.HK)$$Li Auto(LI.US)$$Electric Vehicles(BK2568.US)$
XPENG Acquires DiDi's Smart Auto Development Biz Assets, Nails Strategic Cooperation with DiDi
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