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NIO, XPeng & Li Auto Report Delivery Results for February
In February, Tesla (TSLA.US) in China saw a wholesale sales decline of 51.5% month-on-month, significantly lagging behind its competitors.
Tesla's wholesale sales in China in February were 30,688 vehicles, a decrease of fifty percent compared to the previous month.
Tesla's China-made EV Sales Drop Sharply by 49.2% in February
XPeng Motors Records Strong Deliveries
Lei Jun's suggestions for the 2025 Two Sessions were announced: optimizing the design of New energy Fund license plates, accelerating the mass production of autonomous driving, and more.
The 2025 National Two Sessions opened today. National People's Congress representative, founder and Director of Xiaomi, and Chairman of KINGSOFT, Lei Jun, announced his suggestions for the 2025 Two Sessions on his personal public account.
Hong Kong stocks are moving differently | Auto stocks plummeted across the board, smart driving may intensify future Industry competition, Morgan Stanley maintains its prediction for a decline in the average price of the Industry this year.
Automobile stocks fell sharply across the board. As of the time of writing, Xpeng Motors-W (09868) was down 4.92%, priced at 77.35 HKD; Li Auto-W (02015) was down 4.65%, priced at 106.6 HKD; Great Wall Motor (02333) was down 4.02%, priced at 12.4 HKD.