Li Auto's Deliveries Likely to Continue Expansion in 2025 -- Market Talk
China's EV, Hybrid Cars May Witness Double-Digit Sales Dip in January -- 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
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Market Chatter: NIO, LI Auto Extend Sales Incentives Into 2025
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U.S. stocks movement | Li Auto pre-market rose more than 1%, with December delivery volume exceeding 0.0585 million units, hitting a new high.
Li Auto (LI.US) rose more than 1% in pre-market trading, reporting $24.24. In the news, Li Auto announced that 58,513 Autos will be delivered in December 2024, a year-on-year increase of 16.2%, setting a new historical high. The total delivery volume for the entire year of 2024 is expected to reach 500,508 Autos.
Nio, Li Auto And 3 Stocks To Watch Heading Into Thursday
Li Auto Says December Vehicle Deliveries Increased 16%
[Brokerage Focus] CMB International expects that retail sales of Electric Vehicles in 2024 will increase by 49% year-on-year, and there is hope for continued growth of 23% in 2025.
Jinwu Financial News | CMB International stated that 11 Chinese automotive companies announced their Electric Vehicle sales for December, with a total sales increase of 54% year-on-year and a 5% increase month-on-month, among which 9 companies achieved record-high sales. The firm indicated that Li Auto and NIO met expectations, while XPeng slightly exceeded expectations; BYD, Great Wall, Deep Blue, Leap Motor, ZEEKR, and Xiaomi all set new sales records for Electric Vehicles. The firm expects the overall retail sales of Electric Passenger Vehicles in December to increase by 13% month-on-month to approximately 1.4 million units, with the Electric Vehicle market share narrowing to 47%. The firm estimates that the retail sales of Electric Vehicles for the entire year of 2024 will increase by 49% year-on-year to approximately.
Express News | Reported Tuesday, Li Auto's December 2024 Delivery Update: 58,513 Vehicles Delivered (+16.2% YoY), Total FY24 Deliveries Reach 500,508
US-Listed Chinese EV Startups Clock Delivery Growth In December: Li Auto Tops Charts, Mona M03 Spurs XPeng, Nio's Onvo Breaches 10,000 Monthly Delivery Milestone
China's Late-Year EV Sales Boom Gives Way to Rocky 2025 View
Li Auto Unveils Measures to Smooth Out Expiration of China's Trade-in Subsidy
Why? In December, automotive companies performed well, but most stock prices fell.
① What are the impacts of subsidy policies on the New energy Fund market? ② What is the outlook for the autos market in 2025?