$General Motors (GM.US)$$SAIC Motor Corporation (600104.SH)$ GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors? Called the "Light of ASEAN," this concept serves as a preview of the des...
BelleWeather
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Asia gets the best cars! (I hope Tesla succeeds in other aspects of their business, so I understand the need to, um, stifle competition.)
$Chongqing Sokon Industry Group Stock (601127.SH)$ Huawei Technologies is inviting more carmakers to invest in its smart-car unit as it looks to diversify and expand its interest in China's fast-growing electric vehicle (EV) sector, according to Xinhua News Agency. The telecoms equipment manufacturer is opening the door to outside investors to help turn its unit Shenzhen Yinwang Intelligent Technology into an open-so...
SoundOfMusic
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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.
In response to Canada’s proposal to impose additional tariffs on Chinese batteries and other products, a spokesperson from China’s Ministry of Commerce stated, "China urges Canada to respect the facts, abide by WTO rules, and not make repeated mistakes." The Ministry will closely monitor Canada's follow-up actions and take all necessary measures to resolutely safeguard the legitimate rights an...
Asked whether$Contemporary Amperex Technology (300750.SZ)$'s lithium plant in Yichun had halted production, industry insiders replied, "Yes, it has." In August, CATL achieved 20.98 GWh in power battery installations, ranking first in China’s power battery market with a 44.46% market share, down 2.84 percentage points from the previous month. BYD followed in second place with 11.78 GWh of installed capacity, holding a 24.96% market share. The gap between$BYD Company Limited (002594.SZ)$and CATL ...
A research report from Citi indicates that China's battery giant$Contemporary Amperex Technology (300750.SZ)$is considering whether to suspend mining operations at a lithium mica site in eastern China, as well as one of its three lithium carbonate production lines. This news has triggered a rebound in the stock prices of Chinese lithium mining companies, with lithium carbonate futures surging by 8% in the afternoon. $The Concept of the Ningde Era (LIST0398.SH)$
$Chongqing Sokon Industry Group Stock (601127.SH)$ On Aug 26, the Aito M7 Pro launched, Aito a brand partnership between Huawei and Seres. The main difference between the Pro and the existing Ultra version is that the Pro uses a vision-based assisted driving system so, eliminating the Lidar unit and being cheaper. There are four configurations of the Aito M7 priced between 249,800 and 289,800 yen (35,100...
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bullrider_21
OP
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Lost only USD4,000. So breaking even won't be difficult.
$BYD COMPANY (01211.HK)$$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) The article reported that registrations for Chinese electric vehicles (EVs) like BYD and SAIC’s MG brand dropped by 45% compared to June. The decline in Chinese EV registrations has been linked to the Europe Commission (EC)’s provisional tariffs on China-made EV imports. 2) The EC imposed provisional tariffs of up to nearly 38% on EV imports m...
SoundOfMusic
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The partial list shown looks to be ranked. if so, Xpeng is ranked #10 out of 50 in the Fortune Top 50 Tech in China. It doesn't surprise me.
$SAIC Motor Corporation (600104.SH)$ A video clip showcasing a car from SAIC's IM Motors moving sideways into a parking space has captured the attention of online viewers, sparking widespread interest and discussion in China. A recent video has catapulted IM Motors into the spotlight, showing their vehicle executing a sideways parking maneuver that has astounded netizens. The footage features a woman exiting an IM Motors test vehicle whi...
MonkeyGee : that looks just like a tesla
BelleWeather : Asia gets the best cars! (I hope Tesla succeeds in other aspects of their business, so I understand the need to, um, stifle competition.)