Lianchuang Electronic Technology (002036.SZ): The company is the main supplier of NIO Inc's Le'Car video module.
During the roadshow event on August 14, 2024, Lianchuang Electronic Technology (002036.SZ) stated that the company is a major supplier of video modules for NIO's Ledeao car.
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The first mass-produced vehicle of LeEco L60 has been produced on the same assembly line as Nio models.
On the afternoon of August 15th, the first mass-produced car of Leahead L60 was officially off the assembly line at NIO’s second factory in Xin Qiao, Hefei, Anhui, and immediately launched the "36-day, 0.02 million kilometers Leahead China Tour," once again increasing the endurance test which has reached 6.77 million kilometers. It is reported that Leahead L60 is produced by NIO’s F2 factory. As a fully digital intelligent factory, NIO’s F2 factory has many cutting-edge technologies such as the "Tiangong" intelligent manufacturing management system, the "Magic Cube" vehicle access platform, and the "Enclave" automatic assembly island. Currently, NIO’s F2 factory has more than 0.3 million units of experience in manufacturing high-end products. Leahead L60 will be
Soochow Securities: In July, the automobile industry production and batch met expectations, with a 48.1% penetration rate of new energy wholesale.
Among the car companies that have already disclosed production and sales updates, the wholesale performance of joint venture car companies is poor, with negative year-on-year growth. Except for Tesla China (TSLA.US), new electric vehicle companies have all seen positive growth both monthly and quarterly. In terms of wholesale sales, the best-performing car companies in July are WM Motor and NIO Inc. (09866).
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Improving the supporting industry chain for electric vehicles, Huazhong In-V's (06830) new factory construction is progressing 'hotly'.
Currently, the construction of Huazhong In-V's new factory is progressing smoothly as planned.
Cui Dongshu: the seasonal rhythm of electric vehicles is weakening and the "off-season not light" is becoming more and more obvious.
After the decline in market share of traditional gasoline vehicles due to the impact of electric vehicles, the seasonal rhythm of the new energy vehicle market has weakened due to the decrease in the size of the first-time buyer group, changes in the purchasing population, and changes in the new energy vehicle channels. The characteristic of "not being light in the off-season" is indeed becoming more and more obvious.
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Cui Dongshu: The "old-for-new" policy is gradually effective, and the performance of the new energy vehicle market in July exceeds expectations.
Cui Dongshu said that recently, the country's "scrapping old cars for new" passenger vehicle renewal policy has gradually taken effect, and corresponding policy measures have been introduced and followed up in various places. The effect of releasing consumption potential under the policy promotion is very good. Therefore, in July, the performance of electric vehicles was better than that of passenger vehicle manufacturers' predicted teams.
XPeng Joins NIO And Li Auto In Strategic Shift - Reportedly Overhauls Structure To Boost AI Focus