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China's Terrific Ten Are Beating Mag 7. Will the Current Momentum Carry On?
China EV Battery Installations in Jan: CATL Share at 47.08%, BYD 22.90%
Eight departments: accelerate the iteration and upgrading of mature technologies such as Lithium Battery and support disruptive technological innovation.
① The plan requires accelerating the iteration and upgrade of mature technologies such as Lithium Battery, promoting engineering and application technology breakthroughs for Supercapacitors, Sodium Battery, and developing long-duration energy storage technologies such as compressed air. ② Moderate and ahead-of-time layout of hydrogen storage and other ultra-long-duration energy storage technologies, supporting basic research for next-generation battery and Asia Vets technologies.
China Jan NEV Sales Fall to 944,000 While Exports Hit Record High, CAAM Data Show
In January, the sales of RBOB Gasoline Passenger Vehicles fell by more than 20% month-on-month: Japanese brands overall under pressure, with Honda and Dongfeng Honda both "cut in half."
① According to data released by the China Association of Automobile Manufacturers, the domestic sales of Passenger Vehicles in January were 1.738 million units, a month-on-month decrease of 35.5% and a year-on-year decrease of 0.5%; ② In January this year, GAC Honda's sales were 15,123 units, a year-on-year decline of 57.14%; Dongfeng Honda's monthly sales were 19,971 units, a year-on-year decline of 69.31%.
Trending Stocks Today: TENCENT Climbs 3.32%