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Guosen: The power of Autos continues to rise while the penetration rate of Silicon Carbide steadily increases.
The New energy Industry has entered a stable phase; aside from photovoltaics, there has been no significant improvement on the demand side, while Consumer and industrial control remain stable. The demand from Datacenters is accelerating, the overall volume of New energy Autos continues to grow, and the increase in the power segment of Autos is leading to a rise in the usage of power devices.
Earnings Preview: TIMES ELECTRIC to Report Financial Results on March 28
Three departments promote the update of New energy Fund bus equipment, and the bus industry is expected to enter a new update cycle.
The General Office of the Ministry of Transportation, the General Office of the National Development and Reform Commission, and the General Office of the Ministry of Finance issued the "Implementation Rules for the 2025 New Energy City Bus and Battery Replacement Subsidies." Utilizing ultra-long-term special national debt funds, city bus companies will receive fixed subsidies for updating new energy city buses and replacing batteries.
Private Companies Who Own 52% Along With Institutions Invested in Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) Saw Increase in Their Holdings Value Last Week
TIMES ELECTRIC (688187.SH): has a partnership with Xiaomi.
On March 6th, Gelonghui reported that TIMES ELECTRIC (688187.SH) stated on the interactive platform that the company has a cooperative relationship with Xiaomi, but specific cooperation details cannot be disclosed due to a confidentiality agreement signed by both parties.
TIMES ELECTRIC (688187.SH): The main drive products using SiC for Electric Vehicles have not yet been supplied in bulk.
Gelonghui reported on March 6th that TIMES ELECTRIC (688187.SH) stated on the interactive platform that Electric Vehicles SiC main drive products have not yet been supplied in bulk.