The "Five Small Dragons" of car manufacturing boldly enter the finals.

A new pattern in the Industry is emerging.

wallstreetcnDec 30 08:42 ET

2024 year-end review | Breaking the Industry monopoly and ensuring supply chain stability, self-developed chips by manufacturers become a trend.

1. The main manufacturers have further increased their research and development layout, including high-performance chips, striving to break the monopoly in the industry to achieve independent control of core component technology; 2. Great Wall Motor's RISC-V automotive chip design company, Nanjing Zijing Semiconductors, has settled in Nanjing Jiangbei New Area.

cls.cnDec 30 02:37 ET

China NEV Sales in 2025 Estimated to Rise by 30% to 16.5 Million

CnEVPostDec 30 01:21 ET

CSC: A strong month is coming as domestic electric vehicle sales exceed expectations.

CSC expects that in December, domestic electric vehicle sales will reach 1.65 million units (including commercial vehicles), +38.5% year-on-year and +9.1% month-on-month, bullish on the continued sales exceeding expectations, adjusting the annual sales forecast to 12.91 million units.

Zhitong FinanceDec 30 00:55 ET

2024 Year-End Review | The "Double New" policy stimulates Consumer enthusiasm, and the domestic car market records higher-than-expected growth.

① Data from the Passenger Vehicle Association indicates that since the beginning of this year, the retail sales of the Passenger Vehicle market have reached 21.95 million units, a year-on-year increase of 6%. This growth rate has doubled compared to the general forecast of 3% from various Institutions at the beginning of the year. ② According to data from the Ministry of Commerce, as of December 19 at 24:00, nearly 2.7 million Autos have been scrapped and replaced nationwide, and over 3.1 million Autos have been exchanged and updated. The 'dual new' policy has become the main driving force for achieving unexpected growth in the auto market in 2024.

cls.cnDec 30 00:54 ET

Geely Autos issued 0.168 million shares due to employees exercising stock options.

Geely Autos (00175) announced that on December 30, 2024, it will issue 0.168 million shares, with each share priced at 9.56 Hong Kong dollars, due to group employees exercising stock options under the stock option plan.

Sina Hong Kong StocksDec 29 23:58 ET