tesla Cybercab "crashes" xpeng Robotaxi industry insiders: Domestic car companies have advantages after FSD enters China.

① "The current operating cost of Cybercab is $1 per mile, which is expected to decrease to $0.2 per mile in the future. Musk stated that the total cost of Cybercab will be less than $0.03 million." ② Musk did not mention Cybercab's entry plan into China this time, but the industry has long considered it as one of the most powerful competitors in the future domestic Robotaxi market.

cls.cnOct 11 02:22 ET

Hurricane Milton poses a direct threat: electric cars become a source of fire risk.

Florida officials warn that electric cars flooded by floods carry the risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department confirmed that Hurricane Helene, which hit earlier, caused 48 lithium-ion battery fires, 11 of which were related to electric cars.

wallstreetcnOct 10 15:18 ET

Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.

1. Akio Toyoda said that if electric vehicles simply become the only option, including for our suppliers, those people will lose their jobs; 2. Akio Toyoda pointed out that the market share of pure electric vehicles will reach a maximum of 30%, with the rest being occupied by hybrid vehicles, hydrogen fuel cell vehicles, and rbob gasoline vehicles.

cls.cnOct 10 07:27 ET

byd company limited Xiaomi fierce battle golden week

Started "silver ten" on a good note.

wallstreetcnOct 8 10:16 ET

The 2024 solid state battery industry conference is about to be held, accelerating the industrialization process of the industry comprehensively.

To promote the higher quality and faster development of the solid state battery industry, TrendBank, in conjunction with Hefei Xinzhan High-tech Zone and ningbo solartron technology, will hold the 2024 Solid State Battery Industry Conference in Hefei Xinzhan High-tech Zone from October 14th to October 15th. China Securities Co.,Ltd. analysis points out that if the performance and cost of solid state batteries improve significantly, their market space will expand and become a key technological route for lithium batteries.

cls.cnOct 7 20:02 ET

"China Dragon" ETF landed on Wall Street as the bull market returns, benchmarking the seven major ETFs in the US.

A new ETF called DRAG, "China Dragon", tracking the performance of major Chinese companies has landed on the US stock market. Its components currently include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and Netease. DRAG aims to track an equally weighted basket of stocks composed of the 5 to 10 largest and most innovative Chinese technology companies. This ETF will be rebalanced quarterly.

wallstreetcnOct 3 11:24 ET