01122 QINGLING MOTORS
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QINGLING MOTORS News
Xiaomi won the April car market traffic
The discount rate in the automobile market has reached a new high, yet inventory pressure has not decreased.
Express News | Passenger Federation: The implementation of the trade-in policy is a major benefit to the car market. It is expected that the retail sales of the car market in May will be better than in April
Express News | Biden was revealed to announce new tariffs on China's electric vehicles and the like as soon as next week. China: The US side made mistakes and mistakes
Express News | Passenger Federation: The release of the implementation rules for automobile trade-in subsidies is a major benefit. It is expected to increase annual consumption by more than 100 billion yuan
Express News | Passenger Federation: In April, retail sales in the national passenger car market fell 5.7% year on year; retail sales in the new energy vehicle market increased 28.3% year on year
Express News | Ministry of Commerce: The car trade-in subsidy policy can be enjoyed in combination with other benefits
Express News | The Ministry of Commerce introduced the relevant situation of the “Automobile Trade-in Subsidies Implementation Rules”
BMW CEO warns that the EU's imposition of tariffs on Chinese electric vehicles is to “take a stone and hit yourself in the foot”
① Under von der Leyen's strong impetus, the EU will decide whether to impose additional tariffs on Chinese electric vehicles during the year; ② The BMW CEO warned that implementing the tariff policy could be counterproductive and endanger Europe's green transformation.
Express News | Raymond claims the US could take “extreme measures” to ban Chinese connected cars from entering the US
Mood Toward NEV Stocks Brightens
Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country's supportive policies, market insiders said.
Express News | Passenger Federation: According to preliminary statistics, the NEV market retailed 706,000 vehicles in April, an increase of 34% over the previous year
Great Wall Securities: NEV exports maintained steady growth in the first quarter, focusing on establishing production lines in Europe and other regions
After China's automobile exports surpassed Japan to become the world's number one in 2023, in the first quarter of 2024, China exported 1.32 million vehicles, an increase of 23.36% over the previous year, and maintained a strong growth trend.
Within two days, the three cities made a statement to push driverless cars to launch intelligent connected vehicles in many places to “run” throughout the city
Local governments are taking action to let more “smart cars” drive on the “smart road.” On May 7, the Shenzhen Municipal Transportation Bureau officially released the “Shenzhen Intelligent Connected Vehicle Road Test and Demonstration Application Sixth Batch Open Road Catalogue”. A total of 43 roads were opened this time, with a total mileage of about 106.01 kilometers.
China Apr NEV Wholesale at 800,000, Down 2% From Mar, CPCA Estimates Show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
Express News | Passenger Federation: According to preliminary monthly data, it is estimated that the wholesale sales volume of new energy passenger car manufacturers nationwide in April was 800,000 units, up 33% year on year and slightly down 2% month on month.
Futu Morning Post | The Federal Reserve's “Big Three” Release Pigeons: Interest Rates Will Eventually Be Cut; Tesla Reported to Begin a New Round of Layoffs
Federal Reserve Barkin: The current interest rate level has been able to reduce inflation to 2%; news: Apple is developing artificial intelligence chips for servers; Lucid's loss per share in the first fiscal quarter was higher than expected.
Express News | NEV penetration rate is over half, industry insiders: the automobile market may go hand in hand
Local Chinese Carmaker's Overseas Sales up 40% in Q1; SAIC, Chery Contribute Lion's Share
Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
Intraday Overview | The three major indices of Hong Kong stocks weakened slightly, and the pharmaceutical outsourcing concept rose against the market
Road transport stocks strengthened; Guangzhou-Shenzhen Railway shares rose more than 9%, Anhui Wantong Expressway rose more than 6%; domestic housing stocks collectively pulled back, Agile Group fell more than 6%, and Midea Real Estate fell more than 5%.
Express News | Since May, the car market has set off another promotion boom, and intelligence has become an important “selling point”
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