National Development and Reform Commission: Promote the orderly charging of new energy vehicles and expand the scale of V2G (vehicle-to-grid) projects.
The General Office of the National Development and Reform Commission and other departments have issued a notice on promoting the pilot work of scaling up the application of Internet of Vehicles interaction.
20 companies participated! Photovoltaic leader predicts that the bottom has been reached. Three major directions of lithium battery companies are being watched closely. | Directly hit the earnings conference of the Star New Energy Fund.
① In the photovoltaic industry, leading companies mentioned that the bottom of the industry has been reached, but the turning point still needs time. Many leading companies have disclosed tax incentives for building factories in the USA. ② In the lithium battery industry, solid state batteries, consumer batteries, and overseas markets have become breakthrough points for companies. ③ Enterprise capacity and capacity utilization are of concern. Many companies mentioned that capacity utilization will increase.
BYD Launches 2025 Han Sedan With Lower Prices and Upgraded Specs
Sales of EVs, Hybrids in China Maintained Momentum in August
In August, the national sales of narrow definition passenger vehicles reached 1.905 million units, a year-on-year decrease of 1.0%.
On September 9th, the China Passenger Car Association released the report "Analysis of the National Passenger Vehicle Market in August 2024".
Citigroup: Lower Hang Seng Index's year-end target to 19,800 points.
Recently, a report from Citigroup pointed out that H-shares listed in Hong Kong are more sensitive to the Fed's interest rate cuts, so they remain bullish on H-shares over A-shares. Citigroup has lowered its year-end target for the Hang Seng Index by 3% to 19,800 points and also lowered its mid-2020 target by 5% to 21,000 points.
Hong Kong Stock Market Concept Tracking | Electric vehicle sales data continues to grow rapidly, structural opportunities in the passenger vehicle sector attract attention (with concept stocks)
In August 1-31, the electric vehicle market sold 1.015 million vehicles, an increase of 42% compared to the same period last year, and an increase of 16% compared to the previous month. Cumulative sales of 6.004 million vehicles so far this year, a year-on-year increase of 35%.
Shockwaves In The EV Market: Will Malaysia's Green Dream Be Derailed?
Electric Vehicles Will Account for up to Half of Auto Sales by 2030, BYD Pakistan Says
BYD Company Limited (01211) is reported to aim to rank fifth in the overall sales volume of the Brazilian auto market by 2027.
Jingu Financial News | According to reports, Henrique Antunes, the Commercial Director of byd company limited (01211) in Brazil, stated that the company's goal is to rank fifth in the local autos market in terms of overall sales volume by 2027. He pointed out that the sales growth trend in the last few months of 2024 benefited from the early import of vehicles by the company, along with the help of the car dealers' network, which is expected to help byd company limited achieve a sales volume of approximately 0.1 million autos in 2024. According to the data from the car dealers/auto retailers association Fenabrave, byd company limited sold 45,244 autos in Brazil from January to August 2024.
BYD Shares 1st Exterior Images of New Model Sealion 05 DM-i
Hong Kong stock concept tracking | Preliminary statistics show a significant increase in sales of electric vehicles in August, with improved volume and price margin in the auto sector (with concept stock)
In August 1-31, the electric vehicle market retailed 1.015 million vehicles, a year-on-year increase of 42%, a month-on-month increase of 16%, with a cumulative retail of 6.004 million vehicles since the beginning of the year, a year-on-year increase of 35%.
Market Chatter: Geely Automobile Unveils Its First Compact Electric Vehicle
Market Chatter: Stocks at Chinese Car Dealerships Decline in August
Market Chatter: BYD Denies Postponing Mexico Factory Plans
BYD Company (01211.HK) obtained a shareholding of 2.6253 million shares from JPMorgan.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, on August 29, 2024, BYD Company (01211.HK) obtained JPMorgan Chase & Co.'s shareholding of 2.6253 million shares at an average price of HKD 223.2978 per share, with a total investment of approximately HKD 0.586 billion. After the shareholding, the latest holding of JPMorgan Chase & Co. is 56,878,186 shares, and the shareholding proportion has increased from 4.94% to 5.18%.
Hong Kong Stock Concept Tracking | Many cities' autos are upgrading their old-for-new programs, and sales in September may double compared to the previous and same period (with concept stocks attached).
Since the launch of the old-for-new policy in the first half of this year, many places have announced the latest autos old-for-new policies, including Peking, guangdong, chongqing, zhejiang, sichuan, hubei, hunan, heilongjiang, qinghai, and others.
BYD Teases New Model Sealion 05 DM-i
BYD to Launch 2025 Han Sedan With Optional LiDAR on Sept 6, Report Says
Sinolink Securities: The automobile industry is still in a high prosperity cycle, and the competitive landscape will dominate the differentiated market.
From the perspective of industrial prosperity, the cycles of electrification and overseas expansion industries have not ended yet. The prosperity of independent brands and supply chains will continue to be stronger than that of the automotive industry.
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