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Hong Kong stocks fluctuated | Xiaopeng Autos-W (09868) rose over 4%, the company's Autos gross profit in the fourth quarter improved sequentially, and the scale efficiency of the Mona MO3 improved.
Xiaopeng Autos-W (09868) rose over 4%, as of press time, it increased by 3.97%, reported at 48.5 Hong Kong dollars, with a trading volume of 0.465 billion Hong Kong dollars.
Morgan Stanley: Maintains a 'Shareholding' rating for Xiaopeng Autos, with a Target Price of 17 dollars.
The company's management stated that they are confident about the sales recovery by the end of the first quarter, thanks to the company's strong vehicle lineup.
The China Automotive Association: In 2024, auto production and sales will reach a new high, with annual production and sales of Electric Vehicles exceeding 10 million units for the first time.
In terms of Passenger Vehicles, production and sales continue to grow, maintaining the top global position for 16 consecutive years. The market share of China brand Passenger Vehicle sales has significantly increased compared to last year, and high-end brand Passenger Vehicle sales have also seen a year-on-year increase; regarding New energy Fund, it has ranked first globally for 10 consecutive years, with both production and sales surpassing 10 million units, and domestic sales growth approaching 40%, with a significant increase in market share compared to last year.
Feilong Auto Components (002536.SZ): Currently, the main clients and sample exchanges in the civilian sector include China Power Investment, Shenzhen Envicool Technology, Xiaomi Autos, XPeng Autos, and others.
On January 13, Longzhonghui reported that Feilong Auto Components (002536.SZ) stated in a recent investor relations activity that the main clients and sample exchanges in the civil sector currently include more than 50 companies such as State Power Investment Corporation, HP Project, Xi'an Tiantai, Jiangsu Aitis, Yaho Electronics, Shenzhen Xingqihong, Shenzhen Envicool Technology, Infineon, Guangzhou Gaolan, Xiaomi Autos, L Project, Xpeng Motors, Zongshen Aviation, Volvo AB Unsponsored ADR Class B, Dongfeng Pain, and others.
China NEV Sales at Record 1.596 Million in Dec, CAAM Data Show
30 million units achieved, RBOB Gasoline Passenger Vehicles dropped nearly 20%. China Automotive Industry Association: In 2025, Electric Vehicles will impact 16 million units.
① The deputy secretary-general of the China Automotive Industry Association, Chen Shi Hua, predicts that total auto sales will reach 32.9 million vehicles in 2025, a year-on-year increase of 4.7%. Among these, the sales of new energy autos are expected to be 16 million units, a year-on-year increase of 24.4%. ② In the context of a comprehensive year-on-year decline in market share, it has become a necessary option for joint venture brands to intensify the "price war," with various promotional policies such as limited-time fixed prices, discounts of tens of thousands of yuan, and government subsidies.
beedeebee : Many have not seen or ride on Chinese EV. Safety is there, design is good, battery technology is mature, and it offers way more than those in the same price point. It's crazy, and we can't deny these Chinese companies are taking over the world.