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According to the China Automobile Manufacturers Association, the top ten companies (groups) in automotive sales for 2024 sold a total of 26.704 million vehicles.
According to Statistics from the China Automotive Industry Association, in 2024, the top ten companies (groups) in terms of car sales sold a total of 26.704 million Autos, accounting for 84.9% of the total car sales.
SAIC Motor Corporation (600104.SH): The Zhiji L6 Light Year Edition equipped with the first generation Solid State Battery has been declared to the Ministry of Industry and Information Technology.
On January 17th, Gelonghui reported that SAIC Motor Corporation (600104.SH) stated on its investor interaction platform that SAIC Qingtao is committed to innovative research in materials, Cells, and systems to develop and produce a new generation of high safety and cost-effective Solid State Battery. It holds intellectual property rights for the Solid State Battery, and the Zhiji L6 Light Year version, equipped with the first generation of Solid State Battery, has been submitted to the Ministry of Industry and Information Technology.
The American automotive industry's established brands make a strong comeback.
Jump squat.
Guolian: In 2025, the policy for replacing old Autos will provide support, and the intelligent transformation will reach an accelerated turning point.
Looking ahead to 2025, with policy support, the total sales of Autos are expected to stabilize and rise; as the Industry Chain resonates, the intelligentization of Autos is entering an acceleration turning point.
Chinese Stocks End Muted as Export Growth Moderates
SAIC, CATL Tie Up for Battery Production; SAIC's Shares Down 7%
bullrider_21 OP : Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
74216494 bullrider_21 OP : And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
bullrider_21 OP 74216494 : Comparing Nio and Tesla is like comparing apple and orange.