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Cui Dongshu: The effect of policies in driving production and sales is significant. In December 2024, the wholesale sales volume of New energy Fund Passenger Vehicles is expected to reach 1.51 million units, surpassing the historical highest level.
The wholesale growth from September to December is significantly higher than from March to August, reflecting the clear impact of policies in stimulating production and sales.
China's NEV Ownership Exceeds 30 Million Units
China Automobile Association: In 2024, the production and sales of New energy Fund vehicles will exceed 10 million units.
According to analysis by the China Automotive Industry Association, China's new energy vehicles have ranked first globally for ten consecutive years.
Financial Association Autos Morning News 【January 17】
①China Automobile Association, China Association of Machinery Industry: Firmly oppose the Biden administration's rules banning the use of China's Asia Vets-connected autos Hardware; ②Hubei's production of new energy vehicles in 2024 will exceed 0.5 million units, a year-on-year increase of 33%; ③Guangzhou Automobile Group's integrated reform is further advancing, multiple departments have started recruitment for cadres.
Battery-Powered Cars Had a Banner Year. There's a Risk for Car Stocks. -- Barrons.com
The three major Hong Kong stock indices all strengthened, with the Autos and Home Appliances benefiting from market bullish support.
① Recently, the Hong Kong stock market has continued to rebound. Has the situation of Short Sell improved? ② After the official implementation of the home appliance subsidy policy, how do Institutions view the future performance of the home appliance Industry?
There's Reason For Concern Over Qingling Motors Co., Ltd.'s (HKG:1122) Massive 29% Price Jump
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