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Soochow: December Electric Vehicles Industry deliveries met expectations, with configurations focused on complete vehicles before components.
The total delivery volume of 12 key New energy Fund Passenger Vehicle enterprises is 0.8716 million units, showing +54%/+5% year-on-year and month-on-month growth.
Trump wields the "big stick"! Tariffs will become a hot topic at CES 2025.
At this consumer-centric gala, tariffs, a topic that is usually not significant, will become the focus of heated discussions.
China Automotive Circulation Association: From December 23 to 29, 2024, the average daily trading volume of used cars rose to 0.0703 million units, an increase of 1.53% compared to the previous period.
The China Automobile Circulation Association released the weekly report on used cars (December 23, 2024 - December 29, 2024).
China's EV, Hybrid Cars May Witness Double-Digit Sales Dip in January -- Market Talk
Hong Kong stocks moving differently | Auto stocks generally rebound with several car companies achieving record sales in December. The trade-in program is expected to continue to drive a booming automotive market this year.
Electric Vehicles stocks rebounded. As of the time of writing, NIO-SW (09866) rose by 5.25%, priced at 36.1 HKD; Li Auto-W (02015) increased by 3.25%, priced at 96.95 HKD; Great Wall Motor (02333) rose by 2.62%, priced at 13.34 HKD.
New energy stocks rose broadly, with NIO (09866) increasing by 6.27%. Institutions expect this year's penetration rate of New energy Fund to further increase.
Golden Investment News | Stocks in the New Energy Autos sector rose broadly, with NIO (09866) up 6.27%, Li Auto (02015) up 3.62%, Xpeng Motors (09868) up 2.22%, LEAPMOTOR (09863) up 1.59%, and Geely Auto (00175) up 1.56%. BOCOM INTL indicated that benefiting from trade-in programs, the new energy vehicle sector in China is expected to show strong growth in 2024. The penetration rate of new energy vehicles reached 47% in the first eleven months of 2024. With more extended-range and hybrid models being released, the bank predicts that the penetration rate of new energy vehicles is expected to further increase by 2025.
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TWP PaPa OP : It is an improvement for Nio, hope more stable and it will blast off..
Dragon Fish : Nio beat XPeng is good.
WayneTheBoon : So? This shit stock still drops more than xpeng
Dragon Fish WayneTheBoon : Pls be more educated ok. Nio capitalisation increased more than XPeng during this rally ok. Nio is than XPeng.