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Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
BYD to Launch Next-gen Blade Battery in 2025, Exec Says
[Hong Kong Stock Connect] BYD Company Limited (01211): A new generation of blade batteries will be launched in 2025.
Kingwu Financial News | During the 29th United Nations Climate Change Conference (COP29), Cao Shuang, General Manager of BYD Europe Autos Sales Division in Central Asia, stated in an interview with CGTN that BYD plans to launch a new generation blade battery in 2025, which will increase the range of autos and extend the battery's lifespan.
Tianfeng Securities: Commercialization of FSD+Robotaxi may accelerate, recommend focusing on self-driving cars related symbol.
Intellifence Finance APP learned that Tianfeng Securities released a research report stating that according to Tesla official sources, the FSD V13 version is about to be released, with performance expected to increase by 6 times. At the same time, v12.5.2 will continue to be optimized and upgraded using HW3.0. FSD will also launch Cybertruck. By combining low-cost models with advanced intelligent driving functions, Tesla is poised to capture a certain market share in China. Tesla's pure vision solution with its dual technological and price advantages may further enhance domestic market share. Robotaxi, as one of the commercialized scenarios of autonomous driving, has the potential to empower the entire industry chain with breakthroughs in technology and policy support, leading to overall development. It is recommended to pay attention to smart supply chains, Tesla's supply chain, and related vehicle targets.
The EU may adjust tariffs on electric autos from China, with NIO rising over 4%, leading Hong Kong's auto stocks.
① How did china's automotive export data perform in October? ② What are the institutions' expectations for the chinese automotive market in November?
Hong Kong Stock Movement | BYD Company (01211) rose more than 3% in the morning, with the opening of the first Tengshi store in Macau, showcasing the D9/Z9GT.
BYD Company Limited (01211) rose more than 3% in the morning session. As of the time of writing, it is up 2.32%, priced at 264.6 Hong Kong dollars, with a trading volume of 0.24 billion Hong Kong dollars.
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