Friday Market Pulls Back, Led by Mag Seven Decline | Live Stock

Kevin TraversDec 27 10:52 ET

Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.

① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.

cls.cnDec 26 20:54 ET

Li wants to go "wild" once more.

Ambitions upgraded.

wallstreetcnDec 26 07:26 ET

After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?

① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.

cls.cnDec 25 22:50 ET

Li Xiang discusses the latest Global Strategy of "Ideal" - transforming into an AI company, aiming for the top three domestic large models, and in the future, building a unified VLA model to become your silicon-based family.

Recently, Li Xiang announced that Li Auto is no longer just an automobile manufacturer but an AI company. "ChatGPT has ushered in a new AI era, which has strengthened our belief - Smart Automobile must focus on AI as its core, not just the intelligence of Hardware."

wallstreetcnDec 25 21:31 ET

Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.

① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.

cls.cnDec 25 20:28 ET