Beijing Offers Extra 20,000 EV Quotas in 1st Relaxation of Car Purchase Policy Since 2011
The 20,000 quotas are additional to the original 80,000 quotas and can only be used to purchase purely electric vehicles. For details, please visit CnEVPost.
Cui Dongshu: Purchasing enthusiasm is gradually released. In June, the retail penetration rate of electric vehicles reached 49%.
Cui Dongshu stated in an article that in the second quarter, the domestic retail penetration rate of electric vehicles increased by 13 percentage points year-on-year, reaching 49% in June.
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.
Express News | Shares of Chinese Stocks Are Trading Lower Amid Reports Suggesting the Biden Administration Is Considering Chip Sale Restrictions on China, Which Could Drive US-China Tensions
WiseStock Hong Kong Stock Analysis | Market sentiment is good due to Trump's words and actions, with expectations for acquisitions of innovative drugs.
Capital markets are no exception, quickly switching to Trump's victory mode. His every word and move affects the market's emotions.
What's Going On With Chinese EV Maker Li Auto Shares Today?
Li Auto Inc. (NASDAQ:LI) shares are trading marginally lower on Wednesday in the premarket session.
Li Auto Follows Nio to Form Smart Driving Team Focused on End-to-end Tech, Report Says
Li Auto recently set up an end-to-end large model autonomous driving team of slightly over 200 people, according to local media.
Is Li Auto Stock (NASDAQ:LI) Back on Track?
Since last covering Li Auto LI +1.46% ▲ stock, the company’s deliveries have picked up significantly, and the release of the L6 appears central to this — Li Auto delivered more than 20,000 L6 vehicles in June alone. This turnaround, coupled with attractive earnings metrics, reinforces my bullishness on Li Auto.
Top Gap Ups and Downs on Monday: PDD, COIN, JD and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Express News | PDD Holdings Down 3.3%, Baidu Down 6.3%
Express News | U.S.-Listed Shares of Chinese Firms Fall as Bets of Trump's White House Return Rise
Express News | Ishares China Large Cap ETF Down 1.9%, Kraneshares CSI China Internet ETF Down 3.1%
Express News | Li Auto Down 4.9%, JD.com Slips 4.4%, NIO Falls 6.4%, Xpeng Losses 5.8%
Changjiang Securities: Analysis of Europe's Electric Vehicle Subsidies and Financial and Tax Policies.
Since 2023, many countries in Europe have tightened their subsidies for electric vehicles, coupled with the impact of rising raw material prices, resulting in a significant slowdown in the growth rate of electric vehicle sales in Europe.
Li Auto Brings HD Map-free NOA Feature in Latest Software Update
HD map-free NOA does not rely on information including HD maps, and is available on roads where navigation is available, Li Auto said. For details, please visit CnEVPost.
Hong Kong Stock Market Surges | Auto stocks are all down. Ideal (02015) and Xiaopeng (09868) both fell more than 4%. Auto sales in July may see a slight decline compared to the previous month.
Auto stocks are all falling. As of press time, Li Auto Inc.-W (02015) fell by 4.43% to HKD 79.75; Xpeng-W (09868) fell by 4.35% to HKD 32.95; Great Wall Motor (02333) fell by 1.76% to HKD 12.26.
Tesla Q2 EPS Estimate Bumped Up, Rivian's Cold Shoulder To Union, Lucid's 70% Sales Jump And More: Biggest EV Stories Of The Week
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.'s (NASDAQ:TSLA) gain in the previous week. The Elon
Brokerage Focus: Haitong Securities maintains a “outperform” rating for Li Auto Inc. (02015), with improved intelligent capabilities driving the company's sales.
Jingu Caixun | Haitong Securities has released a research report stating that Li Auto Inc. (02015) has announced its latest progress on intelligent driving products and technologies at the 2024 Intelligent Driving Summer Conference. The bank believes that Li Auto's intelligent driving continues to grow, and the "end-to-end+VLM" automatic driving fast and slow system reflects the company's ability to continue to explore and promote in the intelligent driving field. With the upcoming full push of Li Auto's NOA without maps in July 2024 and further upgrading of active safety capabilities, the bank is bullish on the enhancement of intelligent capabilities driving the company's sales growth. The company's revenue is expected to be 14.4 billion yuan / 18.9 billion yuan / 25.2 billion yuan respectively in 2024/25/26.
China's 2024 NEV Sales Expected to Reach 11.5 Million, Says CAAM Secretary-general
A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent. For details, please visit CnEVPost.
Haitong Int'l: Maintains a "outperform" rating for Li Auto Inc. (02015) with a fair value range of HKD 89.26 to HKD 96.7.
Haitong Int'l is bullish on Li Auto Inc-W (02015) and expects its sales to increase due to the enhancement of its intelligent capabilities.