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Production and sales report for December 2024
December electric vehicle report card: BYD monthly sales of 0.515 million vehicles, "Weilai, Xiaopeng, and Ideal" all reach new highs.
On January 1, 2025, China's mainstream electric vehicle brands delivered impressive results for December.
Here's Why Seres GroupLtd (SHSE:601127) Can Manage Its Debt Responsibly
Huaxin Securities: Many major manufacturers are increasing their investment in Asia Vets research and remain Bullish on the Autos Industry.
The prospects for embodied intelligence are broad, and with various manufacturers and Siasun Robot&Automation companies increasing their investment in the research and development of embodied intelligence, the iteration of embodied intelligence technology is expected to accelerate, significantly enhancing its applicability.
Open-source Securities: In December, the demand for Passenger Vehicles reached a new high, and intelligent driving is expected to accelerate its penetration by 2025.
In December, the car market is expected to see rapid growth in sales due to the approaching policy deadlines, the accelerated effects of the trade-in policy, and the high demand for new cars. Both New energy Fund and RBOB Gasoline vehicles are expected to show growth, with the retail end's electrification rate projected at 52%.
The scale effect is beginning to show, and Institutions are increasing their holdings in Chongqing Sokon Industry Group Stock (601127.SH).
In mid-December 2024, Chongqing Sokon Industry Group Stock, which has rapidly grown thanks to the Wenjie series, was included for the first time in the Csi 300 Index, SSE 50, Csi A500, and Sse 180 Index, marking its entry as a representative of New energy Fund into the influential A-share indices.
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SoundOfMusic : Huawei is behind Xpeng in smartification, so they are asking for help from third parties. The smart thing to do is to license the smartification technologies from Xpeng, who owns the full stack. Make Xpeng the China champion in smart driving to compete with Tesla. Reinventing the smartification wheel for Huawei is super expensive and misallocation of capital.
Another point is open source smartification is dangerous. Have you seen the supply chain attack by Israel? How can people have confidence to drive a smart car, not exactly knowing where the software is from at 120km/hr? Xpeng owns the full stack to do L4+ in two years time.
bullrider_21 OP SoundOfMusic : Quite a few EV makers are using Huawei's smart driving system.
SoundOfMusic bullrider_21 OP : Could you please give me a list. I would like to learn. Thanks.
bullrider_21 OP SoundOfMusic : The Huawei brands, Aito, Avatr, Luxeed and Stelato, use Huawei’s ADS. BYD Feng Cheng Bao's SUV is also using.