09806 Global X China Consumer Brand ETF
- 5.645
- +0.040+0.71%
Xiaomi Expands EV Charging Options, Partners With NIO, XPeng, and Li Auto for Greater Network Access
Policy stimulus for 3C and home appliance demand release. Will the multiplier effect of the "trade-in" policy continue in 2025? | Year-end review.
In 2024, the implementation of the "national subsidy" policy for the exchange of old for new will effectively stimulate the demand for home appliances and Consumer Electronics. Market analysis suggests that related subsidies for the exchange of old for new are expected to continue next year, with mobile phones and more home improvement categories likely included, while the future policy-driven effects still remain to be observed.
Catalyst Watch: Eyes on Electric Vehicle Deliveries, Retail Data and Housing Reads
China's EV Price Wars Hit Auto Profits, Smaller Players Struggle as Margins Shrink
What's Going On With Chinese EV Stocks Nio, Li Auto, XPeng Thursday?
Shares of Chinese EV Stocks Are Trading Higher Amid Recent Reports of a Chinese Stimulus Plan.
Li Auto Aims to Be a Major Player in AI and Robotics
Li wants to go "wild" once more.
Ambitions upgraded.
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Li Xiang discusses the latest Global Strategy of "Ideal" - transforming into an AI company, aiming for the top three domestic large models, and in the future, building a unified VLA model to become your silicon-based family.
Recently, Li Xiang announced that Li Auto is no longer just an automobile manufacturer but an AI company. "ChatGPT has ushered in a new AI era, which has strengthened our belief - Smart Automobile must focus on AI as its core, not just the intelligence of Hardware."
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.
Li Xiang speaks out publicly after nine months: 100% humanoid Siasun Robot&Automation, not making Robotaxi.
Regarding the future product layout, Li Xiang directly denied the Robotaxi product, stating that Li Auto will not enter this area, but Li Auto will definitely develop humanoid robots, although the timing is not now. By 2030, Li Auto has a 50% chance of creating a very interesting supercar that will incorporate AI.
Electric Vehicle companies are also "breaking down walls"! Xiaomi Autos are connecting to the "Weixiaoli" charging network.
① Xiaomi Autos has reached a Charging Station sharing cooperation with "Weixiaoli", but will still build its own Charging Stations later. ② The charging service market is gradually maturing and improving, but latecomer Electric Vehicle brands outside of Xiaomi Autos will still choose to build their own Charging Stations.
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
Nvidia's Advanced AI Tech Powers Olympian Motors' New Electric Vehicle Platform
KFC is increasing prices, Pizza Hut is decreasing prices, and YUM CHINA continues its ongoing strategy of "sinking".
Sprint to 0.02 million households.
2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.
On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.
Honda, Nissan Confirm Merger Plans To Offset Chinese EV Competition: How Mitsubishi Factors In
Teva Pharmaceutical, Li Auto, And Darden Restaurants Are Among Top Large Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio?
Short Sellers Targeting Major Auto Stocks, Growing Their Positions - S3 Partners