[Brokerage Focus] CMB International anticipates that the price war among automotive companies will continue to spread until 2025.

Jinwu Finance News | Zhao Yin International stated that according to the bank's calculations, the average discount for the entire industry in December expanded by 0.6 percentage points month-on-month, mainly driven by Chinese automakers such as BYD, Leap Motor, and Changan. Considering the improvement in economies of scale and the recovery of discounts, the bank expects that the main leading Chinese automakers will maintain resilience in profitability in Q4 2024. On the other hand, most foreign brands have set historical highs for their discounts in 2024, yet the total market share of foreign brands has declined by about 10 percentage points year-on-year. Given that more than 140 new Electric Vehicles will be launched in 2025, even surpassing the 127 models in 2024.

Jinwu Financial News22:25 ET

Global EV Battery Market Share in Jan-Nov 2024: CATL 36.8%, BYD 17.1%

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Yahoo FinanceJan 3 07:40 ET

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.

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Tesla's China Sales Continued to Fall in December

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