According to the China Association of Automobile Manufacturers, the top ten passenger car manufacturers sold a total of 1.142 million vehicles from January to February.
According to the Statistics analysis by the China Automotive Industry Association, from January to February 2025, the ten car manufacturing companies with the highest sales sold a total of 1.142 million units, accounting for 70% of the total sedan sales.
Manufacturing vehicles at the production end and selling vehicles at the sales end, nearly 20 complete vehicle companies are rapidly entering the humanoid robot sector.
① Mercedes-Benz announced in a statement that it will invest tens of millions of euros in Apptronik. ② Chongqing Changan Automobile disclosed that it is publicly sourcing suppliers for its humanoid robot research and development project. ③ Chery is also accelerating its layout in a series of new industry clusters including onboard Drones, humanoid robots, Robotaxi, and flying cars.
U.S. stock market closing | All three major Indexes declined, with the Nasdaq dropping over 1.7%; large Technology stocks fell, with Tesla down over 5% and NVIDIA down over 3%; Chinese concept stocks retreated, with XPeng falling nearly 8% after its earni
The three major US stock indices halted their two-day winning streak, with the Nasdaq closing down nearly 2%. Alibaba fell over 3%, Xpeng Motors dropped nearly 8%, and NIO rose over 3%. The German parliament passed a large-scale fiscal spending plan, and Thyssenkrupp rose nearly 13%; the euro hit a five-month high. US and European bond yields surged and then retreated. Gold rose over 1% during the day, with futures gold reaching a new high for four consecutive days. Crude Oil Product rose over 1% during the day before turning down.
FUYAO GLASS: Exceeded major production and Operation Indicators last year, with Q4 revenue surpassing 10 billion yuan for the first time | Interpretations
In Q4 2024, FUYAO GLASS's revenue surpassed the 10 billion yuan mark, reaching 10.938 billion yuan; ② Cao Dewang stated that the company will exceed all major production Operation Indicators for the year 2024, which is a remarkable achievement; ③ Last year, FUYAO GLASS's capital expenditure growth rate significantly slowed down compared to the previous year.
The "Technology War" among Hong Kong stock car companies is in full swing, with BYD setting a new record high, and foreign investment positions recently snatching up about 0.12 billion shares.
① The "Technology battle" among Hong Kong-listed automotive companies is heating up; can the innovative attributes catalyze the Sector's market trends? ② BYD Listed in Hong Kong reached a new high as foreign capital seats recently acquired about 0.12 billion shares. What are the highlights?
Express News | U.S. stock night trading: Ideal Autos surged nearly 6%, and Nio rose over 3.5%.