According to the Passenger Car Association, the retail sales of Electric Vehicles in February reached 0.72 million units, an increase of 85% year-on-year.

According to preliminary Statistics from the Passenger Car Association, from February 1 to February 28, the retail market for Electric Vehicles sold 0.72 million units, an 85% increase compared to the same period last year, down 3% from the previous month, and the cumulative retail for the year so far is 1.465 million units, a 38% year-on-year increase.

Zhitong Finance04:14 ET

HAITONG INT'L: The differentiation of New energy Fund sales is intensifying, with the unveiling of the smart driving elimination competition.

In February, the differentiation in New energy Fund sales intensified, officially starting the elimination competition for intelligent driving.

Zhitong Finance02:58 ET

LEAPMOTOR (09863) rose by 5.72% and is jointly developing new energy vehicles and cooperating on parts with China First Automobile Works.

Golden News | LEAPMOTOR (09863) has been fluctuating and strengthening, as of the time of writing, it is up 5.72%, priced at 37.9 HKD with trading volume. In news, China FAW Group signed a "Strategic Cooperation Memorandum of Understanding" with LEAPMOTOR in Changchun. The strategic cooperation is divided into two dimensions: first, both parties will fully leverage their technical accumulation in R&D, jointly develop New energy Passenger Vehicles, and collaborate on components to jointly enhance product competitiveness through technology integration; second, both parties will further explore the feasibility of deepening capital cooperation, aiming for resource synergy across the entire Industry Chain through capital collaboration.

Jinwu Financial News01:34 ET

Market Chatter: Leapmotor Ties Up With FAW Group to Develop Passenger Electric Vehicles; Shares Up 5%

MT Newswires01:06 ET

LEAPMOTOR surged over 3% before noon after signing a Global Strategy cooperation agreement with China FAW.

LEAPMOTOR (09863) rose over 3% in the morning, as of this writing, the stock price has increased by 3.77%, currently at 37.20 Hong Kong dollars, with a transaction value of 0.153 billion Hong Kong dollars.

Sina Hong Kong Stock.22:53 ET

Another major player has extended an olive branch to Leapmotor.

Welcoming a Market Cap reassessment.

wallstreetcn21:03 ET