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In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.
From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.
The battery inventory is a tale of two extremes under high pressure, with a stable leading position and shuffling at the tail end. | Jianzhi Research
Battery inventory reaches a new high for the year.
What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.
Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.
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Aaron Invests (AI) OP : Oh and for Tesla Bulls additional reason why I am not worried about EV sales decline. This company is driving some of the first Tesla Semi trucks. Here’s what they’re learning | CNN Business
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