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The European Commission intends to reject the price commitment solution proposed by China's industry for the EU electric vehicle anti-subsidy case. The Ministry of Commerce responded.
The spokesperson of the Ministry of Commerce stated that the European Commission has ignored the sincerity and efforts of the Chinese business community, and has proposed to reject the flexible solution proposal put forward by the Chinese business community without conducting in-depth communication. China is deeply disappointed by this.
[Brokerage Focus] Haitong International: The global passenger vehicle market is currently in the accelerated penetration stage of electric intelligentization.
According to the data from the Public Account of the China Passenger Car Association, the production of passenger vehicles in August was 2.158 million, a decrease of 3.7% compared to the same period last year, and an increase of 8.9% compared to the previous month. It decreased by about 0.09 million vehicles from the historical high point of 2.24 million vehicles in 2023. The wholesale of vehicles by manufacturers was 2.154 million, a decrease of 3.9% compared to the same period last year, and an increase of 9.6% compared to the previous month. Due to the cautious production and sales of automakers in the summer, the wholesale of passenger vehicles in August did not reach a new high. The retail sales volume was 1.905 million vehicles, a decrease of 1.0% compared to the same period last year, and an increase of 10.8% compared to the previous month. Since 2024, the cumulative retail sales volume has reached 13.472 million, a year-on-year increase of 1.9%.
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Stock_Drift : This is awesome. Have never seen it!! Thanks !!
bullrider_21 OP Stock_Drift : np.