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Catalyst Watch: Eyes on Electric Vehicle Deliveries, Retail Data and Housing Reads
China's EV Price Wars Hit Auto Profits, Smaller Players Struggle as Margins Shrink
Xpeng Sees 50,000th Mona M03 Roll off Line
Open-source Securities: In December, the demand for Passenger Vehicles reached a new high, and intelligent driving is expected to accelerate its penetration by 2025.
In December, the car market is expected to see rapid growth in sales due to the approaching policy deadlines, the accelerated effects of the trade-in policy, and the high demand for new cars. Both New energy Fund and RBOB Gasoline vehicles are expected to show growth, with the retail end's electrification rate projected at 52%.
Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.
① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.
What's Going On With Chinese EV Stocks Nio, Li Auto, XPeng Thursday?
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