The strong become stronger! The fierce competition among car manufacturers has entered the elimination stage; who will come out on top in the end?
HSBC expects that the narrative of price wars and Industry consolidation will continue, as BYD and Tesla will further expand their competitive advantages through price wars, while companies with annual sales of less than 30,000 vehicles have a low chance of long-term survival.
Volkswagen and China's Xpeng to Collaborate on Charging Network Expansion
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
U.S. stock market close: Inflation concerns lead to a decline in all indexes, NVIDIA fell 6% after reaching a new high.
① The Nasdaq China Golden Dragon Index fell by 0.2%, with China Concept Stocks showing mixed results; ② NVIDIA launched its personal computing product Project DIGITS; ③ XPENG Huaitian: Flying cars will be mass-produced and delivered in 2026; ④ Vaccine stocks soared, with Moderna rising nearly 12% and Novavax increasing by nearly 11%.
XPeng's EV Glory Faces Technical Trouble: Can Volkswagen Collaboration Drive A Comeback?
Why Innoviz (INVZ), Xpeng (XPEV) Are Rallying Today
UniFirst, Getty Images, Shutterstock And Other Big Stocks Moving Higher On Tuesday
XPeng, Volkswagen to Share 20,000+ EV Chargers in China
Hong Kong stocks movement | Xiaopeng Autos-W (09868) once rose over 3%, capturing the sales champion of new forces in the first week of the year. Institutions pointed out that it is expected to start a strong new car cycle.
Xpeng Autos-W (09868) rose in the afternoon and turned positive, with an intra-day increase of over 3%. As of the time of writing, it is up 2.38%, reported at 47.3 Hong Kong dollars, with a trading volume of 0.719 billion Hong Kong dollars.
Cui Dongshu: In November, the retail sales of Electric Vehicles increased nearly 50% year-on-year, with strong growth momentum continuing.
In 2024, there will be intense changes in the domestic New energy Fund landscape, with the leading effects of traditional car manufacturers such as BYD, Geely, and Chery becoming increasingly evident, while the lower to mid-range segments remain relatively strong.
In 2024, the seventh batch of Electric Vehicles exempt from vehicle purchase tax has been announced. Cui Dongshu: There are a variety of products with high energy density in Batteries.
In 2024, there are a total of 20,085 models of Electric Vehicles in the tax exemption directory. Due to the large number in the first batch, the quantity of Electric Vehicles in the directory is relatively higher than the normal levels in recent years.
Guolian: Maintains the "Buy" rating for XPeng Motors-W (09868), with annual deliveries increasing by 34.2% year-on-year.
Guolian expects Xpeng Motors-W (09868) to have sales of 442,000 and 652,000 units in 2025 and 2026 respectively.
CNBC Daily Open: Back in Black
According to the China Association of Automobile Manufacturers, the total import and export value of Autos commodities in November 2024 is 24.67 billion USD, a decrease of 5.5% year-on-year.
According to the data compiled by the China Association of Automobile Manufacturers from the General Administration of Customs, in November 2024, the total import and export value of Autos commodities was 24.67 billion USD, a month-on-month decrease of 2% and a year-on-year decrease of 5.5%.
XPeng Teams Up With Real-Time Innovations For Smarter EVs: Details
XPeng Shares Are Trading Higher After the Company Announced a Joint Initiative With Volkswagen to Build Super-fast EV Charging Networks in China. Also, the Company Selected RTI Connext Drive to Streamline Communication for Its Next-generation Vehicle...
XPENG Selects RTI Connext Drive To Streamline Communication For Its Next-Generation Vehicle Architecture
Express News | Xpeng Selects Rti Connext Drive to Streamline Communication for Its Next-Generation Vehicle Architecture
Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket
Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance