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Huizhou Desay SV Automotive (002920.SZ): The fourth-generation cockpit product has been newly designated by customers such as Li Auto Inc, Geely Auto, GAC Aion, and Weimar Automobile.
On July 26th, Gelonhui reported that Huizhou Desay SV Automotive (002920.SZ) stated on the investor interaction platform that the company has multiple differentiated Asia Vets cockpit solutions, providing customers with more diverse product choices. The third-generation high-performance intelligent cockpit products have been mass-produced and matched with Li Auto Inc, Chery Automobile, GAC Aion, GAC Passenger Vehicle, and other customers. The fourth-generation cockpit products have been designated for new projects by Li Auto Inc, Geely Auto, GAC Aion, and Polestar, and have been mass-produced and supplied in succession. More differentiated cockpit domain controller solutions have successively obtained orders from new projects of independent and joint venture brands.
Cui Dongshu: In the first half of the year, imports of autos decreased by 4% year-on-year to 0.332 million units.
Cui Dongshu, Secretary-General of the China Association of Automobile Manufacturers, stated that the import volume of cars to China has continued to decrease at an average annual rate of about 8% since 2017, with only 0.8 million units expected to be imported by 2023.
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Li Auto Unveils Scaled-back Car Purchase Incentives
U.S. stock market volatility | Electric vehicle stocks slump, Rivian Automotive (RIVN.US) falls nearly 6%.
On Wednesday, electric vehicle stocks fell along with Tesla.
Express News | Shares of EV Stocks Are Trading Lower in Sympathy With Tesla, Which Fell After Reporting Mixed Q2 Earnings