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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.
Chinese electric cars are accelerating their presence in Singapore. Institutions predict that electric car sales in Singapore will increase by more than 70% this year.
The Singaporean government has introduced a series of stimulus policies and vigorously constructed charging stations, attracting more and more Chinese electric vehicle brands to enter Singapore. Recently, Xpeng and YiKe have landed.
XPeng Joins NIO And Li Auto In Strategic Shift - Reportedly Overhauls Structure To Boost AI Focus
WRD.US plans to raise up to $400 million in its IPO in the United States. Investors include NVIDIA and others.
According to insiders, Chinese autonomous driving technology start-up, WeRide has submitted IPO documents to the US Securities and Exchange Commission (SEC).
Bocom Intl: China's domestic auto companies set a new record for overseas sales in June, bullish on the performance of NIO Inc-SW (09866) and Xpeng Inc-W (09868).
SAIC and Chery contributed 25% and 24% of the independent vehicle overseas sales, ranking the first and second respectively.
Hong Kong Stocks Fluctuate | Auto Stocks Rebound Collectively, July Auto Market Is Not Slow Season, New Energy Penetration Rate Breaks Through 50% For The First Time.
Auto stocks rebounded collectively. As of press time, LI Auto Inc.-W (02015) rose 5.31%, to HKD 78.3; BYD Company (01211) rose 3.47%, to HKD 214.8; Nio Inc-SW (09866) rose 2.93%, to HKD 29.9.
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Winner takes all : vlcn going to bankrupt soon
AnaiAnai : Nio undervalued by almost 100%? Really? Still loss making company one can fetch so high price?