Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.

① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.

cls.cn20:28 ET

Caixin Auto Morning News [December 26th]

① Passenger Vehicle market retail from December 1-22 was 1.692 million vehicles; ② Chongqing Changan Automobile's Zhu Huarong: Huawei has reserved a 20% equity stake for Changan, and appropriate arrangements will be made in the future; ③ Zhi Mi Automobile completed a 9.4 billion yuan Series B financing;

cls.cn19:57 ET

Traders flock to the AI darling as retail funds significantly pour into NVIDIA.

Data from Vanda Research shows that ordinary investors have invested nearly 30 billion dollars into NVIDIA this year, with the acquisition of Macquarie being part of it. As of December 17, it has become the stock with the highest net buying by retail traders in 2024. The data indicates that the net inflow of funds into NVIDIA has increased nearly ninefold compared to 2021. Compared to the SPDR S&P 500 ETF Trust, NVIDIA has received almost double the net inflow from such funds. Vanda's senior vice president, Marco.

Global Market ReportDec 25 09:47 ET

Thinking of Buying an EV? You Might Want to Move Quickly | CNN Business

CNN BusinessDec 25 07:00 ET

Electric Vehicle companies are also "breaking down walls"! Xiaomi Autos are connecting to the "Weixiaoli" charging network.

① Xiaomi Autos has reached a Charging Station sharing cooperation with "Weixiaoli", but will still build its own Charging Stations later. ② The charging service market is gradually maturing and improving, but latecomer Electric Vehicle brands outside of Xiaomi Autos will still choose to build their own Charging Stations.

cls.cnDec 25 06:56 ET

China NEV Retail at 817,000 in Dec 1-22, up 4% From Same Period Last Month

CnEVPostDec 25 04:20 ET