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BYD Denza Opens Its 1st Showroom in Cambodia
Denza's first showroom in Cambodia opened on July 14 and it completed the first local delivery of the D9 MPV. For details, please visit CnEVPost.
Shenzhen NEV Penetration Reaches Record 77.4% in Jun
The new energy-vehicle (NEV) penetration rate in Shenzhen, in southern China's Guangdong province, is approaching 80 percent, meaning that just over 20 percent of new car purchases are made with traditional combustion engine vehicles.
The surplus situation is difficult to change, and the price of lithium carbonate continues to decline! How long can the cost line of 0.08 million yuan/ton last?
Approaching the cost line
BYD Launches 3 BEV Models in Vietnam
BYD will launch three additional new models in Vietnam in October and plans to expand its dealerships to 100 by 2026. For details, please visit CnEVPost.
Soochow Securities: domestic forklift lithium battery short delivery advantage can be sustained, bullish on increasing market share and structural optimization for going abroad.
In 2024, under the trend of tightening eco-friendly policies, the stock of National IV diesel vehicles will replace National II and below diesel vehicles, and the penetration rate of high-value lithium electric forklifts will increase. Domestic sales are expected to continue to grow, optimizing the structure.
Hong Kong stock concept tracking | "vehicle-road cloud integration" policy is bullish with frequent releases, the trillion-dollar market is expected to usher in a booming period (with concept stocks).
CITIC Securities pointed out that as regulations for self-driving industry on both national and local levels gradually improve, each link in the industry chain is expected to accelerate technology research and development and product deployment, benefiting the intelligent automotive industry chain.