Zeekr Launches Zeekr 001 and Zeekr X in Mexico
Geely Auto and Zeekr signed an agreement earlier this year to help fast-track Zeekr vehicles into the Mexican market. For details, please visit CnEVPost.
Bosses and celebrities line up to buy 'Highway Tanks'.
Knock Elpha off the horse.
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Zeekr Launches Updated 009 MPV and Its Right-hand-drive Variant in HK as It Ups Bet on Global Markets
Zeekr said all of its future new models will be offered in both left-hand-drive and right-hand-drive versions. For details, please visit CnEVPost.
Chinese EV Brand Zeekr Eyes European Manufacturing To Avoid EU Tariffs: Report
Chinese auto conglomerate Geely's luxury EV brand Zeekr Intelligent Technology Holding Ltd (NYSE:ZK) is reportedly exploring manufacturing cars in European factories associated with its parent
Zeekr Launches Right-hand Drive Zeekr X Compact SUV in HK
Zeekr launched the right-hand drive Zeekr X SUV in Hong Kong on July 17 and gave the all-new Zeekr 009 an appearance, with the MPV set to be launched there on July 19. For details, please visit CnEVPost.
Hong Kong stock concept tracking | "vehicle-road cloud integration" policy is bullish with frequent releases, the trillion-dollar market is expected to usher in a booming period (with concept stocks).
CITIC Securities pointed out that as regulations for self-driving industry on both national and local levels gradually improve, each link in the industry chain is expected to accelerate technology research and development and product deployment, benefiting the intelligent automotive industry chain.
Zeekr Launches Right-hand Drive Zeekr X in Thailand
Zeekr currently has four flash stores open in Bangkok and is expected to reach 14 stores in Thailand by the end of 2024. For details, please visit CnEVPost.
Morgan Stanley Earnings: Wall Street Expects Rise in Profit, Wealth Management
Investors will be looking for further signs of a revival in deals when Morgan Stanley reports second-quarter earnings on Tuesday morning.
Zeekr to Launch Updated Zeekr 009 MPV in HK on Jul 19
On July 19, the all-new Zeekr 009 will be launched globally in Hong Kong, and will be available in 6-seat and 7-seat options. For details, please visit CnEVPost.
Zeekr Releases 1st Official Images of 7X SUV Along With Core Specs
The Zeekr 7X is based on the 800 V high-voltage platform, and the dual-motor variant can accelerate from 0 to 100 km/h in less than 4 seconds. For details, please visit CnEVPost.
Zhenyu Technology (300953.SZ): Recently expanded into multiple battery manufacturers such as Zhengli, Yuanjing, and Jike VMware.
On July 11th, Gelunhui, Shake Yu Technology (300953.SZ) stated on the investor interaction platform that the company has recently expanded into multiple battery manufacturers such as Zhengli, Yuanjing, and Jike Wei Rui. The company is a rising star in structural components with numerous new projects underway; in 2024, the company successfully entered into a cooperative partnership with Jike Wei Rui as a supplier and has already delivered its products. In the same year, the company also successfully entered into a formal cooperative agreement with Yuanjing as a supplier and is gradually increasing its share of the structural component business, with an expected annual partnership transaction amount of over 0.1 billion yuan.
Zeekr Names 'CX1e' Family SUV 7X, Launch to Be Within This Year
The Zeekr 7X is a 5-seat SUV, Zeekr's second model aimed at the mainstream EV market. For details, please visit CnEVPost.
US stocks hit new highs, with Nvidia up 4.4% leading the technology stocks, Tesla rising for ten consecutive days, and Apple having the highest market cap.
The Nasdaq and S&P 500 large caps hit a new intraday high again, while the Dow Jones weakened; the US stock market's "Seven Sisters" rose except Microsoft, with Nvidia leading the gains, up nearly 4.4%, while Tesla rose more than 2% for ten consecutive days; Apple rose more than 0.6% and still has the highest market cap; chip stocks generally gave back more than half of their gains after rising, Arm Holdings and KLA Corp hit new intraday highs again; Chinese concept stocks index rose.
Market Chatter: China's NEV Registration Jumps 39% in H1
New energy vehicle registrations in China jumped 39.4% in the first half of the year, Xinhua reported July 8, citing data from the police.About 4.4 million NEVs were registered, compared to 3.1 millio
China's NEV Ownership Reaches 24.72 Million by End of Jun
At the end of June, China's NEV ownership reached 24.72 million vehicles, accounting for 7.18 percent of the total vehicle ownership of 440 million, according to data released today by China's Ministry of Public Security (MPS).
Zeekr Releases Camouflage Photos of 'CX1e' SUV That Will Target Family Market
Zeekr (NYSE: ZK) has begun previewing its new SUV (sport utility vehicle), internally codenamed CX1e, which is expected to go on sale in the second half of the year.
Under heavy pressure from the global slowdown in the electric autos market, LG's new energy fund's profits plummeted 58%.
The continuous slowdown in sales of electric cars has had a significant impact on the performance of LG new energy fund, causing its second-quarter profit to fall short of analyst expectations.
Market Chatter: Geely to Introduce EV Brand Zeekr in South Korea by 2026
Zeekr Intelligent Technology (ZK) may enter the South Korean market as early as 2026 with its Zeekr 001 premium electric vehicle as Geely and other Chinese automakers look to enter the country's EV ma
DBS: Maintains a "buy" rating on Geely Auto, with a target price raised to HKD 11.7.
DBS released a research report stating that it maintains a "Buy" rating on Geely Auto (00175) due to its strong delivery volume and car pipeline in the first half of this year. It has raised its earnings forecast for the 2024 and 2025 fiscal years by 2% and 3% respectively, and raised its target price to HKD 11.7. If the company achieves its market-expected target of delivering 2 million vehicles for the entire year and has confidence in its overseas business, it will increase its sales target from 0.3 million vehicles to 0.38 million vehicles. The bank pointed out that Geely and its Lynk & Co brand's strong models are crucial for increasing sales in the second half of this year and in 2025. Gross margin is expected to improve for several consecutive quarters in the future.