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Peripheral positive news boosts electric vehicles, NIO rises nearly 4%.
①What are the bullish news for electric vehicles recently? ②What are the reasons for the strong performance of lithium carbonate futures?
China Reaches 10 Million NEV Production Mark
Reports suggest that the Trump team plans to cancel the $7,500 tax credit for electric autos, leading to a sharp drop in electric car stocks.
The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.
Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried?
Behind the annual production of over 10 million autos in China's new energy vehicles: How is the market share 'battlefield situation' for each brand?
① In terms of the number of mandatory traffic accident insurance policies for electric vehicles, BYD holds a one-third market share in China, with Tesla and Wuling ranking second and third; ② In terms of retail sales of electric vehicles from January to October, BYD also accounts for one-third of the domestic market share, and Geely's market share has surpassed that of Tesla this year.
China's Year-to-date NEV Production Surpasses 10 Million Mark
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103435249 : Why it halted now?