104631563
:
Bocom Intl: China's domestic auto companies set a new record for overseas sales in June, bullish on the performance of NIO Inc-SW (09866) and Xpeng Inc-W (09868).
ASEAN +10.5% y/y to 3.92 trillion yuan 🇪🇺EU +0.4% y/y to 3.22 trillion yuan 🇺🇸US +4.1% y/y to 2.72 trillion yuan 🇰🇷S.Korea +8.0% y/y to 1.32 trillion yuan 🇯🇵Japan -2.9% y/y to 1.23 trillion yuan China July exports (y/y): Oil products -6% to 4.98 million tons Fertilizer +10.5% to 3.07 mln tons Rareearth -9% to 4,937 tons Mobilephones -13% to 55.3 mln units Vehicles +25.7% to 553k units IntegratedCircut #IC +13.4% to 27.34 billion units China July imports (y/y): Ironore...
According to China Securities Journal, the plan proposes to increase the share of new energy in the power transmission channels; organize research on the capacity of distribution networks to accommodate charging facilities in provinces with large-scale development of electric vehicles; build a number of shared energy storage stations; implement a number of computing and power coordination proj...
Barclays points out that factors such as batteries, supply chains, and economies of scale give Chinese car manufacturers a cost advantage of up to 40%. BYD Qin Plus has a gross profit margin of 18%. Benefiting from China's cost advantage, the gross profit margin of Tesla's domestically-produced Model Y is as high as 24%, about twice that of the overseas version. $BYD Company Limited (002594.SZ)$$BYD COMPANY (01211.HK)$$Tesla (TSLA.US)$
$XIAOMI-W (01810.HK)$'s SU7 sales exceeded 10,000 units, targeting 100,000 units by November. $BYD COMPANY (01211.HK)$'s NEV sales in July were 342,383 units, up 30.6% YoY. $LI AUTO-W (02015.HK)$delivered over 50,000 units in a single month, a record high, up 49.4% YoY. $NIO-SW (09866.HK)$delivered over 20,000 units for the third consecutive month. $XPENG-W (09868.HK)$Motors delivered 11,145 new cars in July, up 1% YoY and 4% ...
104631563
:
Do you compare Mercedes Benz/ BMW car sales by quantity per month with Ford ? Please use your brain to understand the difference between them and stop your bullshit shortee
Uber will collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform. This shows that BYD is taking robotaxis seriously. They have about 4000 engineers and are also spending billions of dollars on R&D for smart driving. The fact that Uber chose BYD instead of Tesla in this area speaks volumes. Uber is more confident of BYD in robotaxis than Tesla.
104631563 : Bocom Intl: China's domestic auto companies set a new record for overseas sales in June, bullish on the performance of NIO Inc-SW (09866) and Xpeng Inc-W (09868).