Citic Securities: The circle of swapping batteries is gradually expanding, and the industry may usher in new development opportunities.

Citic sec released a research report stating that compared to charging, battery swapping is a more efficient refueling method, while also having multiple advantages such as high safety and user-friendliness.

Zhitong Finance19:17 ET

US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.

① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.

cls.cn17:48 ET

Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.

① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.

cls.cn12:34 ET

NIO Stock Got a Downgrade. Here's a Laundry List of Woes From Goldman. -- Barrons.com

Barron'sNov 25 09:12 ET

Cui Dongshu: The new energy passenger vehicle sales in October showed a strong trend, with wholesale sales surpassing the highest historical level.

Cui Dongshu stated in the article that in 2024, the retail sales of china's car market achieved a strong performance in the first half of the year as expected due to the early Spring Festival factor. In 2024, the domestic new energy fund landscape underwent intense changes, with increasingly prominent leading effects and relatively strong high-end segment.

Zhitong FinanceNov 25 02:56 ET

The EU may adjust tariffs on electric autos from China, with NIO rising over 4%, leading Hong Kong's auto stocks.

① How did china's automotive export data perform in October? ② What are the institutions' expectations for the chinese automotive market in November?

cls.cnNov 24 21:29 ET