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Li Auto Newsroom
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.
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.
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.
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.
Cui Dongshu: Consumption upgrade drives a significant increase in the proportion of high-end car sales.
Zhicheng Financial APP learned that on July 11th, Cui Dongshu released an analysis of the market structure of passenger vehicle price segments.
Hong Kong Shares Rise 1.0%, Tracking Wall Street Gains -- Market Talk
Hong Kong's benchmark Hang Seng Index rises 1.0% to 17653.69 in early trade, tracking Wall Street gains overnight.
Express News | Shares of US-listed Chinese EV Companies Are Trading Higher Amid a Possible Rebound. Strength May Be Due to an Overall Increase in EV Demand
Guolian Securities: Channel as the key to further increase the market share of independent vehicles.
Looking back at the changes in channels, sales and profits of some brands, the three factors often interact with each other. The initial decline in sales will affect the profits of both the automakers and the channels, and then trigger channel shrinkage and accelerate the decline in sales. Currently, this cycle is further reshaping the competitive landscape of the automotive industry.
Hong Kong: By mid-2027, the total number of public and private charging and parking spaces will be increased to approximately 0.2 million.
On July 10th, Frank Chan Fan, Hong Kong's Secretary for Transport and Logistics, stated in written response to a question from a legislator that the number of models of pure electric private cars available on the market continues to increase, with approximately 70% of newly registered private cars being pure electric vehicles.
China NEV Sales Back Above 1 Million in Jun, CAAM Data Show
China sold 612,000 BEVs and a record 436,000 PHEVs in June. For details, please visit CnEVPost.
NIO, Xpeng, Li Auto to Use In-house Chips in Upcoming Models for Automated Driving
The US-listed Chinese electric vehicle trio has made some progress in their push to replace the chips for advanced driving functions inside their cars with home-grown components, following Tesla’s suit in hopes of deriving better computing performance to train their artificial intelligence models
According to reports, NIO Inc's self-developed intelligent driving chip has entered trial production, and the target is for the new ET9 to be equipped with it next year.
According to sources cited by the media, the self-developed smart driving chip of Nio Inc-SW (09866) has started trial production and is currently in the testing phase. The chip team has taken the lead in indicating that the new car ET9 next year needs to be equipped with their own chips. The informant also revealed that the self-developed smart driving chip of Xpeng-W (09868) has also started trial production and is expected to be installed in cars in August, beginning the process of verification, testing, and adjustment. While the development time for Li Auto Inc-W (02015) smart driving chip is relatively late, it is also expected to complete trial production within the year. In addition, the recent release of the new energy vehicle models eligible for reduced vehicle purchase tax by the Ministry of Industry and Information Technology includes autos.