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What's Going On With NIO Stock Following Strong Q3 Results From Top Peer XPeng?
Nio Q3 Earnings Preview: Here's What to Expect
【Brokerage Focus】Nomura Securities analyzes the 2024 Guangzhou Auto Show: The new energy fund market continues to grow.
Nomura Securities recently released a research report that provides an in-depth analysis of the 2024 Guangzhou Auto Show. The report points out that with the development of online media platforms, traditional auto shows are gradually transitioning from a platform for displaying new models and features to a sales exhibition. Nonetheless, some emerging trends in the Chinese auto market can still be observed at the auto show, such as the aggressive development of autonomous driving features, an increasing number of OEMs adopting PHEV/EREV solutions, and the continued enlargement of vehicle sizes, shifting towards SUVs/MPVs while increasing the interior space of compact cars like sedans. Analysts at Nomura Securities mentioned in the report that during the auto show,
China EV Insurance Registrations for Week Ending Nov 11: Nio 3,800, Tesla 17,100, Xiaomi 5,700, BYD 94,700
New energy fund collectively rises, Xiaopeng Autos (09868) up 3.49%. Institutions expect a 54% year-on-year growth in new energy domestic demand in Q4.
Jingu Finance News | The new energy vehicles as a whole are trending upwards, with XPeng Motors (09868) rising by 3.49%, NIO (09866) rising by 3.34%, Li Auto (02015) rising by 2.32%, Great Wall Motor (02333) rising by 2.08%, Brilliance China (01114) rising by 1.06%, and BYD Company (01211) following the uptrend.
Cui Dongshu: The number of public charging piles in October increased by 0.0626 million compared to the previous month, which is slower than the 1% increase in the same period last year.
According to the China EV Charging Alliance's data analysis compiled by the China Association of Automobile Manufacturers, the total number of public charging piles in October 2024 reached 3.39 million, an increase of 0.0626 million from the previous month, slower than the same period last year's growth of 1%.
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