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XPeng Newsroom
Xiaomi Gains Access to EV Chargers of NIO, XPeng, Li Auto
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.
Caixin Auto Morning News [December 26th]
① Passenger Vehicle market retail from December 1-22 was 1.692 million vehicles; ② Chongqing Changan Automobile's Zhu Huarong: Huawei has reserved a 20% equity stake for Changan, and appropriate arrangements will be made in the future; ③ Zhi Mi Automobile completed a 9.4 billion yuan Series B financing;
Thinking of Buying an EV? You Might Want to Move Quickly | CNN Business
Electric Vehicle companies are also "breaking down walls"! Xiaomi Autos are connecting to the "Weixiaoli" charging network.
① Xiaomi Autos has reached a Charging Station sharing cooperation with "Weixiaoli", but will still build its own Charging Stations later. ② The charging service market is gradually maturing and improving, but latecomer Electric Vehicle brands outside of Xiaomi Autos will still choose to build their own Charging Stations.
China NEV Retail at 817,000 in Dec 1-22, up 4% From Same Period Last Month
2024 Year-End Review | Faced with numerous difficulties, but the Global Autos industry's wave of electrification cannot be stopped. Chinese car companies will still achieve good results in exports.
On October 29th, local time, the European Commission announced the conclusion of the anti-subsidy investigation, deciding to impose a final anti-subsidy tax for five years on electric Autos imported from China. The CEO of Geely Automobile Holdings, Gui Shengyue, stated that Geely is not only able to cope with the additional 18.8% tariff imposed by the EU, but the import tariff will also not hinder the company's ability to gain a larger market share in mainland Europe.
Express News | China's Xiaomi Auto: Partners With Domestic EV Makers NIO, Li Auto, Xpeng for Battery Charging Related Cooperation
Xiaomi EV Officially Announces Tie-ups With Nio, Xpeng on Charging Network
2024 year-end review | Joint venture brands encounter a "midlife crisis" with over 4,000 Dealers "closing and transferring" throughout the year.
①Honda and Nissan announced that they have signed a memorandum of understanding regarding the merger, officially starting merger negotiations; ②The weak performance of the joint venture brand has made traditional Dealers feel the acute pain of 'the lips being lost and the teeth feeling cold.'
Finance Associated Press Autos Morning Report [December 25th]
① The Ministry of Industry and Information Technology is further strengthening the management of the comprehensive utilization of waste power Battery in the New energy Fund; ② In November, China Autos achieved exports of 0.55 million units, a year-on-year increase of 5%; ③ BAIC BluePark New Energy Technology: The subsidiary's capital increase and share expansion has been completed, introducing 11 strategic investors with a total investment of 8.15 billion yuan.
Top Gap Ups and Downs on Tuesday: AVGO, XPEV, NWG and More
Weight-loss Drugs in 2025, Auto Industry Outlook: Market Domination
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
CITIC SEC: Maintains a "Buy" rating for Xpeng Autos -W, creating a hit product through "system capabilities".
CITIC SEC released a research report stating that it maintains a "Buy" rating for Xpeng Motors-W (09868). The firm believes that Xpeng will continuously launch two blockbuster models, MONA and P7+, in the second half of 2024, leading to sustained increases in delivery volumes and achieving the best results ever, with the core behind this being the company's improvement in "system capabilities." The report states that after experiencing organizational restructuring over the past two years, Xpeng Motors has completed iterations in product concepts, cost structures, marketing, and other aspects, laying a solid foundation for the major product cycle of the 2025-2026 models. The "end-to-end" technology trend in the smart driving industry has been established, with Xpeng Motors focusing on smart driving algorithms.
2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.
On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.
[Brokerage Focus] Kuan Yuan Securities maintains a "Buy" rating on Xiaopeng Autos (09868). The revamped models and new car releases are expected to drive high sales growth in 2025.
Jinwu Financial News | According to a Research Report from Kylin Securities, technological innovation is the most distinctive feature of Xpeng Motors (09868). After experiencing ups and downs, the overall ability to manufacture and sell cars has significantly improved, and even in the off-season of Q1 2025, there are more event catalysts compared to peers. The M03 and P7+ are expected to return to a trend of increasing new Orders around Q2 2025, and combined with model updates and new car releases, there is potential for rapid sales growth in 2025. Cost-reduction models on the platform and increasing exports may drive a turning point in profitability. The report indicates that Xpeng is expected to release 4 new cars (including 1 with extended range) and multiple updated models in 2025, with export deliveries likely stabilizing at 15%.
Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
Xiaomi EV Plugs Into Nio, Xpeng, Li Auto's Charging Networks