XPEV241220C12500
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XPeng Newsroom
Xpeng Reportedly Considering Shelving Plans to Adopt Thor as Nvidia Chip Suffers Delays
Trump Transition Team Proposes EV Policy Rollback
In November, China's industrial added value above the designated size increased by 5.4% year-on-year, with New energy Fund, Siasun Robot&Automation, and integrated circuits leading the growth.
From January to November, the added value of large-scale industries grew by 5.8% year-on-year. Among them, the production of New energy Fund vehicles, Siasun Robot&Automation, and integrated circuit products increased by 51.1%, 29.3%, and 8.7% respectively.
CITIC SEC: It is expected that stimulus policies for the Autos Industry will continue next year, and the dawn of the Industry has already appeared.
CITIC SEC released a Research Report stating that the probability of continuing the stimulus policies in the Autos Industry next year is high, and there are signs of the industry emerging from its internal competition.
Xiaopeng Autos-W (09868.HK) received Shareholding of 2.6528 million shares from JPMorgan.
According to the latest equity disclosure information from the stock exchange on December 16, 2023, on December 9, 2024, XPeng Motors-W (09868.HK) had its shareholding increased by JPMORGANCHASECO by 2.6528 million shares at an average price of 50.6544 Hong Kong dollars per share, involving approximately 0.134 billion Hong Kong dollars. After the increase, the latest number of shares held by JPMORGANCHASECO is 78,521,608 shares, with the shareholding ratio rising from 4.89% to 5.06%.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
Cui Dongshu: In November, sedan retail sales were lower than SUV retail sales, and the SUV market is experiencing strong premiumization.
Various car manufacturers are also starting to use the Singles' Day Sales promotions and the mid-month Guangzhou Auto Show to increase Consumer attention, along with multiple favorable factors, collectively driving further enhancements in the heat of the car market in November.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
U.S. stock market update | Electric vehicle stocks decline, Xpeng Motors (XPEV.US) drops over 3.7%.
The stocks of Electric Vehicles have declined, as of the report, Xpeng Motors has dropped more than 3.7%.
Puhui International: It is estimated that by 2025, the penetration rate of new energy Passenger Vehicles in China will reach 53.7%, maintaining an accelerating upward trend.
The accelerating penetration rate has been the fundamental determination for the Electric Vehicles Industry in recent years.
Ping An Securities: The era of extended-range vehicles 2.0, resonance of expansion and iteration.
The trend of range extender vehicle expansion is certain, and technological iterations (higher pure electric range, super-fast charging, and improved low-temperature performance) along with cost advantages will provide range extender vehicles with several times the capacity for expansion in the medium to long term.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Bermaz Auto Likely to Face Rising Competition in Malaysia -- Market Talk
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
China to Lift Fiscal Spending to Boost Economy
China's Auto Sector Gets Boost From National Trade-in Policy in November
China's Auto Circulation Association: The used car market was significantly active in December, with an average daily Trade volume reaching 0.0666 million vehicles.
On December 12, the China Automobile Dealers Association released the weekly report on the used car market.
【Brokerage Focus】浦银国际指出 Shanxi Guoxin Energy Corporation's overseas expansion of Electric Vehicles manufacturers is accelerating, with LEAPMOTOR (09863) and Xiaopeng Motors (09868) as top picks.
Jinwu Financial News | According to a research report from Ping An International, the recognition of Electric Vehicles made in China continues to rise overseas. Although there have been recent negative impacts from European tariffs and demand disturbances, the momentum for the export of self-owned brand hybrid models to developing countries remains strong. With China's advantages in scale for Electric Vehicles and the demand for market expansion, more and more Electric Vehicle products made in China are entering international markets, and recognition overseas is consistently increasing. From January to November this year, the cumulative sales volume of China's Electric Passenger Vehicle exports has increased by 16% year-on-year. In terms of technical level and product competitiveness, especially in the exploration of intelligent driving-related technologies.
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.