CEO Gong Xin of Cao Cao Chuxing: to launch fully customized Robotaxi models within two years.

On the evening of October 14th, at the Suzhou Asia Vets "Car-Road Cloud Integration" application pilot promotion conference and the 6th Global Asia Vets Driving Conference, Gong Xin, CEO of Cao Cao Travel, attended the summit and delivered a keynote speech. He revealed Cao Cao Travel's Robotaxi global strategy for the next five years in his speech: launching fully customized Robotaxi models within two years; at the same time, combining the operating experience accumulated over 9 years, Cao Cao Travel will build an automated operation system covering all scenarios, the application will go online in 2025, and officially open in 2026. Gong Xin said in his speech: "Push"

Sina technologyOct 14 08:43 ET

Soochow Securities: Maintains a 'buy' rating on VolkswagenJuchuang, with siasun robot&automation shipments expected to contribute significantly to incremental growth

Soochow Securities released a research report stating that it maintains Siasun Robot&Automation (02498) 2024-2026 revenue of 2.22/3.56/5.1 billion yuan, with corresponding P/S ratios of 3.5/2.2/1.5 times the closing price on October 10, 2024, maintaining a "buy" rating. Soochow Securities commented on the company's 24Q1-Q3 shipment data, believing that the ADAS has strong momentum, and the volume of robots is expected to contribute significantly to performance. Event: The company published shipment data for the first 9 months of 2024, and the total shipment volume of lidar/ADAS lidar in 24Q1-Q3.

Sina Hong Kong StocksOct 13 23:26 ET

China Securities Co., Ltd.: Fiscal clues are gradually becoming clear. Buy on dips to layout trades for the recovery of domestic demand.

china securities co.,ltd. released research reports stating that the market has transitioned from the 'blitzkrieg' of the first phase of the bull market to the second phase of 'tug of war', presenting a pattern of fluctuations in the short term. However, in the medium term, it is also a period for preparing for the layout of the third phase.

Zhitong FinanceOct 13 19:37 ET

China's Auto Market Grew 1.9% From Jan-Sept Hitting 21.57 Million Units Sold

Business TodayOct 13 00:04 ET

In September, the domestic passenger vehicle market is abuzz, with over sixty percent of A/H share listed companies achieving double growth on a monthly and yearly basis.

1. The China Association of Automobile Manufacturers released data showing that autos sold 2.809 million units in September, a month-on-month increase of 14.5%, and a year-on-year decrease of 1.7%; 2. Caixin reporters compiled statistics on the September sales of 14 A-share and H-share listed automotive companies, all of which achieved month-on-month growth; 3. The passenger vehicle market is gradually recovering, especially the retail market remaining strong, with the 'Golden September' effect continuing to show.

cls.cnOct 12 05:21 ET

China NEV Retail Reaches Record 1.123 Million in Sept, CPCA Data Show

CnEVPostOct 12 03:06 ET