Ideal autos won the Best Practice Award for Automotive Safety Product Applications.
Recently, the 2024 Vehicle Safety and Intelligent Transportation International Academic Conference was held in Guangzhou, where Ideal Autos was awarded the "Best Practice Award for Automotive Safety Product Applications", making it the only Chinese automotive company to receive this honor. This conference is a joint conference of the 18th International Conference on Vehicle Traffic Safety (INFATS) and the 27th International Conference on Automotive Safety Technology (SAE-C/STC), themed "Driving Intelligence into the Future, Safeguarding Journeys", aiming to build a platform for the exchange of cutting-edge technologies and technological achievements in automotive safety and traffic safety, and to promote the development and progress of research and engineering applications in vehicle safety and intelligent transportation.
Behind the annual production of over 10 million autos in China's new energy vehicles: How is the market share 'battlefield situation' for each brand?
① In terms of the number of mandatory traffic accident insurance policies for electric vehicles, BYD holds a one-third market share in China, with Tesla and Wuling ranking second and third; ② In terms of retail sales of electric vehicles from January to October, BYD also accounts for one-third of the domestic market share, and Geely's market share has surpassed that of Tesla this year.
Huizhou Desay SV Automotive (002920.SZ): The third generation of asia vets cockpit domain controllers has been mass-produced on models of various customers such as Aiways autos, Chery autos, and GAC passenger vehicles.
On November 14, Longhui reported that huizhou desay sv automotive (002920.SZ) recently stated during a specific audience survey that the company's third-generation asia vets cockpit domain controller has been scaled up for mass production in models of numerous customers including Li Auto, Chery Autos, and GAC Passenger Vehicle, and has received new project orders from clients such as Chery Autos, Geely Autos, and GAC Toyota, with the market scale rapidly increasing.
[Brokerage Focus] UBS Group: Market Feedback and Stimulus Measures for the Chinese Automobile Industry
Jingu Finance News | Summary: A UBS research report discusses the market feedback and government stimulus measures in the Chinese automotive industry. The report points out that investors generally expect the government to continue implementing economic stimulus policies before 2025, especially in the face of additional external tariff threats. However, the report believes that there is insufficient market concern about the sustainability of stimulus policies, as investors often attribute market performance to the new car launches of individual companies, or assume that subsidies will continue. The report predicts that if stimulus policies end, market demand may weaken, consumers may no longer be eager to buy cars, which could lead to a drop in stock prices. Key points: 1. Investment
China's Year-to-date NEV Production Surpasses 10 Million Mark
Passenger Vehicle Division: From November 1st to 10th, the retail sales of passenger vehicles reached 0.567 million units, a 29% year-on-year increase.
On November 13, according to the passenger vehicle subcommittee data, from November 1st to 10th, the passenger vehicle market retailed 0.567 million vehicles, a 29% year-on-year increase from the same period last November, a 3% decrease from the previous month. In total, 18.402 million vehicles have been retailed this year, a 4% year-on-year increase.
Li Auto Sees Cheapest Model Li L6 Cross 150,000 Deliveries
US stocks closed: 'Trump trade' cools down, with all three major indexes falling collectively. Chinese concept stocks plummeted more than 4%.
1. The shares of China concept stocks are generally falling, with the Nasdaq Golden Dragon Index in China falling by 4.45%; 2. Waymo is opening up its self-driving taxi services to all users in Los Angeles; 3. Apple is expected to launch AI-based smart home devices in March at the earliest; 4. Volkswagen will invest up to $5.8 billion in Rivian and its joint ventures.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower in Possible Reaction to President-elect Trump's Administration Picks, Which Could Raise Concerns of a Tougher China Stance
Express News | Ishares MSCI China ETF Down 2.3%, Ishares China Large Cap ETF Down 2.8%, Kraneshares CSI China Internet ETF Down 3.2%
China Galaxy Securities: The effect of the local subsidy policy is significant, driving the revival of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24th, the national automobile scrappage renewal subsidy applications totaled 1.57 million, while local automobile replacement renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application volume, which significantly boosts domestic demand.
Market Chatter: Trump Election to Dampen Outlook for Chinese EV Manufacturers, Analysts Say
China EV Insurance Registrations for Week Ending Nov 10: Nio 3,000, Tesla 17,300, Xiaomi 5,500, BYD 85,900
Brokerage Focus: First Shanghai maintains a buy rating on Ideal Autos (02015), expecting pure electric models to become the main growth driver next year.
First Shanghai's research reports indicate that Ideal Autos (02015) achieved vehicle sales revenue of 41.32 billion yuan in Q3 2024, a year-on-year increase of 22.9% and a quarter-on-quarter increase of 36.3%. The total delivery volume of autos in Q3 2024 was 0.153 million, an increase of 45.4% year-on-year. The gross margin of autos in Q3 increased to 20.9%.
Hong Kong stock market morning report on November 12: US stocks closed higher, with most China concept stocks strengthening. Hong Kong Exchanges and Clearing will continue to optimize the Shanghai-Hong Kong Stock Connect.
① COP29 opened in Azerbaijan. ② The Hong Kong Stock Exchange stated that it will continue to optimize the Shanghai-Hong Kong Stock Connect trading mechanism and related services, continuously improve the Bond Connect and Swap Connect arrangements. ③ The three major US stock indexes collectively closed higher last night, with most China concept stocks strengthening. ④ Japan intends to introduce a ¥10 trillion support policy for semiconductors and artificial intelligence. ⑤ Bitcoin broke through $0.088 million.
U.S. stocks close: S&P index breaks through the key level of 6000 points for the first time, with Tesla and cryptos concept stocks soaring together.
① Most of the china concept stocks are up, nasdaq China Golden Dragon Index rose by 0.59%; ② MicroStrategy bought another 0.0272 million bitcoin; ③ Musk played a key role in the formation of Trump's future team; ④ US regulatory authorities have launched an investigation into honda motor.
China NEV Sales Rise to New Record of 1.43 Million in Oct, CAAM Data Show
Is Li Auto Stock's (LI) Selloff Justified as Trump Vows to Raise Tariffs?
Shares of Chinese Stocks Are Trading Lower Despite a Chinese Stimulus Measure. Chinese Stocks Have Been on Watch Following the US Election as Investors Assess the Potential Impact of President-elect Trump's Policies.
Express News | Shares of Chinese Stocks Are Trading Lower Despite a Chinese Stimulus Measure. Chinese Stocks Have Been on Watch Following the US Election as Investors Assess the Potential Impact of President-elect Trump's Policies