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Taking the lead independently, with foreign investment closely following; range-extended hybrid technology sweeping the global market.
①On November 20 local time, Stellantis Group announced the launch of the STLA Frame vehicle platform. ② Stellantis Group introduced that vehicles equipped with this platform will first be equipped with innovative powertrains, including pure electric and extended-range, and in the future can also be equipped with internal combustion engines, hybrid power, and hydrogen energy power systems.
Orient: In the third quarter, the overall profitability of the industry was under pressure, while quality vehicle and parts companies achieved improvements against the trend.
With the continuous release of the effects of the policy of trading in old cars for new ones and the gradual restoration of consumer confidence, it is expected that the sales volume of the autos industry in the fourth quarter will see marginal improvement, and the performance of auto companies is also expected to gradually recover.
Is the lithium battery industry chain about to bottom out? Insiders predict that prices are expected to rebound next year, with industry leaders emphasizing global layout | Exclusive coverage of the High Work Lithium Battery Annual Conference.
① At the 2024 High-tech Lithium Battery Annual Conference held yesterday, Zhang Xiaofei, chairman of High-tech Lithium Battery, predicted that the first quarter of next year will be the lowest price point, and in the second quarter of next year, the prices of battery raw materials will begin to rise; ② The future industry will face a more severe competitive landscape and capacity thresholds, and the solution offered by leading enterprises is to expand overseas.
Passenger Association: In the first two weeks of November, the retail sales of electric vehicles reached 0.581 million units, a year-on-year increase of 66%.
From November 1 to 17, retail sales of new energy passenger vehicles in the market reached 581,000 units, an increase of 66% compared to the same period last year and a 7% increase compared to the previous month. Since the beginning of the year, cumulative retail sales have reached 8.909 million units, up 41% year-on-year.
China Automotive Industry Association: From January to October, the top ten car manufacturers sold a total of 6.221 million vehicles, with companies like BYD Company (01211) seeing double-digit growth in sales.
According to statistics from the China Association of Automobile Manufacturers, from January to October, the top ten automobile production companies sold a total of 6.221 million vehicles, accounting for 69% of the total sedan sales.
Market Chatter: BYD to Build Phase Four of Industrial Park in Shenzhen-Shanwei Cooperation Zone
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