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Li Auto's Deliveries Likely to Continue Expansion in 2025 -- Market Talk
Hong Kong stocks moving differently | Auto stocks generally rebound with several car companies achieving record sales in December. The trade-in program is expected to continue to drive a booming automotive market this year.
Electric Vehicles stocks rebounded. As of the time of writing, NIO-SW (09866) rose by 5.25%, priced at 36.1 HKD; Li Auto-W (02015) increased by 3.25%, priced at 96.95 HKD; Great Wall Motor (02333) rose by 2.62%, priced at 13.34 HKD.
New energy stocks rose broadly, with NIO (09866) increasing by 6.27%. Institutions expect this year's penetration rate of New energy Fund to further increase.
Golden Investment News | Stocks in the New Energy Autos sector rose broadly, with NIO (09866) up 6.27%, Li Auto (02015) up 3.62%, Xpeng Motors (09868) up 2.22%, LEAPMOTOR (09863) up 1.59%, and Geely Auto (00175) up 1.56%. BOCOM INTL indicated that benefiting from trade-in programs, the new energy vehicle sector in China is expected to show strong growth in 2024. The penetration rate of new energy vehicles reached 47% in the first eleven months of 2024. With more extended-range and hybrid models being released, the bank predicts that the penetration rate of new energy vehicles is expected to further increase by 2025.
Soochow: Tesla (TSLA.US) sales are steadily growing, with new car-making forces generally experiencing high growth.
From the sales perspective, Tesla (TSLA.US) had stable sales in Q3 2024, with new forces generally experiencing high growth, among which Xiaopeng and Leapmotor (09863) benefited from new model drives, showing impressive month-on-month growth.
Goldman Sachs Sees Strong Upside In Li Auto on New Model Pipeline and Autonomous Driving Advances
How Do 2024 Vehicle Deliveries for NIO, LI and XPEV Compare?
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