$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.)
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)$
$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...
In Q2 2024,$Contemporary Amperex Technology (300750.SZ)$achieved revenue of 86.996 billion yuan, down 13.18% YoY but up 9.06% QoQ. Net profit was 12.355 billion yuan, up 13.4% YoY and 17.55% QoQ.
$Contemporary Amperex Technology (300750.SZ)$has surpassed Kweichow Moutai, with Tencent Holdings becoming the third-largest holding for public mutual funds. As of the end of Q2 this year, the top 50 holdings of public mutual funds are primarily distributed across consumer goods and services, as well as the information technology sector.
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.)