Vanke continues to lose weight and cancels joint venture with BYD
① The much-publicized joint venture between Vanke and BYD was recently cancelled. ② The cancellation of the joint venture with BYD is viewed by the outside world as Vanke's positive action to continue to slim down and focus on its main business.
Cui Dongshu: In January-April, the growth rate of passenger cars was relatively good, the commercial vehicle trend was relatively stable, and the main car groups all performed well
Recently, passenger car exports have contributed greatly, and the overall automobile market continues to strengthen, and is expected to reach a record high throughout the year.
崔东树:全国乘用车市场价格段销量结构走势持续上行
5月12日,崔东树发布乘用车价格段市场结构分析。
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.
[Data review] Northbound capital increased its holdings for 8 consecutive days, and the turnover of military and new energy ETFs in the Ningde era increased dramatically month-on-month
① Among the top ten transactions of the Shanghai and Shenzhen Stock Connect, Ningde Times ranked third in net purchases. The stock has received net purchases from northbound capital for 8 consecutive trading days. ② Among the top ten ETFs with a month-on-month increase in turnover compared to yesterday, there were two military and three new energy-related ETFs. Among them, the turnover of military ETF (512660) increased 121% month-on-month.
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.
Buck the trend and buy mines! Ganfeng Lithium added 2.5 billion yuan to “finger” African lithium mines
① Ganfeng Lithium announced that the subsidiary plans to acquire the remaining 40% of Mali Lithium's shares for 340 million US dollars (about 2.5 billion yuan); ② This transaction will help the company obtain the right to operate and manage the Goulamina spodumene mine project. According to calculations, the company will invest a total of about 4 billion yuan to win 100% of Mali Lithium's shares.
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.
“Catfish” is really here! BYD Financial Insurance has been approved to use unified national traffic insurance policies and rate coefficients. Can it stir up the NEV insurance market?
① On the morning of May 6, the official website of the State Administration of Finance issued an approval, agreeing that BYD Financial Insurance will use nationally unified Jiaotong Insurance terms, basic insurance premium rates, and corresponding rate fluctuation factors in some regions. ② On May 3, BYD set up an insurance service portal in the official app. ③ New energy vehicle insurance faces the problems of high insurance, high compensation, and profit difficulties, which is the reason why many car companies are currently “passively” entering the financial insurance market.
BYD, big announcement!
During the May 1st holiday, the NEV market is booming.
Under multiple pressures, the performance of new car builders in April was very different: ideally to respond with price cuts, NIO surged year-on-year
① Ideal completed the delivery of 25,787 vehicles in April, a slight increase of 0.4% year-on-year and a decrease of 11.03% month-on-month. ② NIO Auto delivered 15,620 vehicles in April, up 134.6% year on year. Since the beginning of April, NIO Auto's price reduction strategy has been showing results. ③ Zero Sports delivered 1,5005 vehicles in April, a year-on-year increase of 71.96%.
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
Express News | BYD's Q1 net profit was 4.569 billion yuan, up 10.62% year-on-year
The automotive sector is once again strengthening, and the joint efforts of the central government, local authorities, and enterprises are expected to drive an increase of 1 to 2 million new cars
Combined with factors such as the intense hosting of the Beijing Auto Show and the successive introduction of “trade-in” policies and rules by local authorities and companies, the market closed on April 29, and related sectors, including complete vehicles, car dismantling, and auto parts, once again strengthened collectively. Among them, stimulated by the continuous introduction of local automobile consumption policies, Hong Kong stocks such as Zero Run, NIO, and Ideal generally rose; among A-shares, Zotye Auto had the highest increase, reaching 6.67%, and at one point it was close to a standstill in the intraday period.
Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low
While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China's top electric vehicle maker, BYD Co. (OTC:BYDDY) (OTC:BYDDF), isn't flooding Europe with bargain-basement cars. Instead, it's charging significantly higher prices compared to their home market, raking in hefty profits.
Counting down to 2 days, industry leaders gathered at the Chongqing Battery Show “Ning Wang” to earn 10 billion dollars in Q1, and Tianqi Lithium is expected to lose 4 billion dollars in the lithium battery industry. Who is working for whom now? |Chongqin
① Under the “volume increase and price reduction” market, the Q1 performance of lithium battery industry chain companies was divided, and the future development trend of the battery industry attracted market attention. Coinciding with this, CIBF 2024 will be held in Chongqing from April 27 to 29; ② New technologies such as solid-state batteries have become a hot topic in the market. The Co-CEO of Zhiji Auto said that the first generation of Lightyear solid-state batteries will actually be mass-produced within this year.
Warren Buffet-Backed BYD Takes On Luxury EV Market With New Premium Sedan, Posing Direct Challenge For Mercedes-Benz
Chinese EV giant, BYD (OTC:BYDDF) (OTC:BYDDY), backed by Warren Buffett's Berkshire Hathaway, is set to make a bold move in the luxury EV market with the unveiling of its premium brand's first sedan at the Beijing auto show, posing a direct challenge to luxury automakers such as Mercedes-Benz.
Everweft Lithium Energy Q1 revenue and net profit double drop, energy storage battery shipments exceed power batteries|Financial Report Interpretation
① Everweft Lithium Energy's net profit for the first quarter of this year was 1,066 billion yuan, down 6.49% year on year; ② The company's energy storage battery shipments doubled year on year, surpassing power batteries.
Commercial banks have finally followed the new car loan regulations. CMB, Ping An, and WeZhong are supporting Tesla's “0 down payment” car purchase plan. Why is it so low-key?
Following auto finance companies, commercial banks are also following up and implementing new car loan regulations.
What hurt the Tianqi lithium industry's “thunderstorm” the most was insurance capital? China's Taibao lost more than 60% of its holdings after listing, and insurance capital generally lost money on the books in the past two years
① Tianqi Lithium's financial report for the first quarter caused the company's stock price to fall to a halt today, and Hong Kong stocks fell by more than 19%; ② China Taibao and its holding subsidiaries listed Tianqi Lithium lost more than 60%; ③ data shows that insurance companies have generally faced book losses in the past two years. A number of insurance companies put up their licenses to buy at a phased high point.