Market movement analysis | Xiaopeng Autos' Hong Kong stocks rose nearly 3%, and its US stocks in night trading increased nearly 4%! In the first week of the year, it claimed the sales crown among new forces, and Institutions indicate that it is expected t
Xpeng Autos shares rose in the Hong Kong stock market in the afternoon, briefly increasing by more than 3% during trading. As of the time of reporting, the shares were up 2.71% at HKD 47.45, with a transaction volume of HKD 0.763 billion.
Nvidia (NVDA.US) announced collaboration in the automobile sector with BYD (01211.HK) and Xiaomi (01810.HK) among others.
Nvidia (NVDA.US) CEO Jensen Huang announced that the company will collaborate with several automobile manufacturers, including BYD (01211.HK), Li Auto-W (02015.HK), Xiaomi-W (01810.HK), ZEEKR (ZK.US), Tesla (TSLA.US), Mercedes-Benz, and Toyota.
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.
The 7th batch list of exempt vehicle purchase tax for Electric Vehicles in 2024 has been announced. Cui Dongshu: Products with high energy density in Battery are relatively abundant.
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.
Express News | The former scientist from Xiaopeng's Venture, Asia Vets company Zhifeng Square has secured hundreds of millions in financing.
China Merchants International recommends the Industry's complete vehicle/parts by first promoting Geely (00175.HK) and FUYAO GLASS (03606.HK), followed by BYD (01211.HK).
China Merchants published a report indicating that domestic Electric Vehicle companies performed strongly in December last year, with high growth expected this year, particularly during the policy vacuum period in January and February, which allows for low absorption of quality stocks. Among them, BYD (01211.HK) delivered 0.509 million Electric Vehicles last month, representing a year-on-year and month-on-month increase of 49.8% and 1.1%, respectively; with a total delivery of 4.25 million vehicles for the year, an annual increase of 41.1%. This year’s sales are estimated to be between 5 million and 5.5 million vehicles, which reflects a 23.5% year-on-year growth based on the median, with a goal to double overseas expansion. This year will focus on the iteration of pure electric platforms, and the second generation of new blade Battery technology will be released to improve charging speed and endurance.
Express News | Xiaopeng Autos has established a sales service company in Jiangmen with a registered capital of 10 million yuan.
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 Automotive Industry Association, the value of automobile exports fell by 7.8% year-on-year in November last year.
The China Automotive Industry Association has released the latest data showing that in November 2024, the total export volume of automobiles reached 0.549 million units, a monthly decrease of 6.2% and an annual increase of 4.8%. The export value was 90.7 billion USD, a monthly decrease of 15.1% and an annual decrease of 7.8%. Despite the export volume maintaining year-on-year growth, the export value has experienced a "double decline," indicating a downward trend in export prices. In the first eleven months of last year, the cumulative export volume of complete automobiles from the mainland reached 5.834 million units, an annual increase of 22.5%; the cumulative export value reached 107.37 billion USD, an annual increase of 15.8%. From the segmented market.
Xpeng Autos-W (09868.HK): Core model sales lead, outlook for the upcoming new car cycle.
Investment highlights: On January 1, 2025, Xiaopeng Autos will release delivery data for December 2024 and the entire year of 2024. In December 2024, Xiaopeng Autos delivered 0.037 million new cars, showing a year-on-year growth.
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
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
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
Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance
European Indexes Start the Week in Green, PMI Readings in Focus
The "Market Review" reports that the renminbi is weakening, the Hang Seng Index is falling, and Sunac is under selling pressure.
Due to the weakness of Network Technology stocks, Hong Kong stocks fell today. The Dow Jones and Nasdaq in the USA rose by 0.8% and 1.8% respectively last Friday. At the time of writing, the yield on the 2-year Bonds in the USA rose to 4.283%, the yield on the 10-year Bonds rose to 4.626%, and the US Dollar Index fell to 108.67. Dow futures rose by 31 points or 0.07%, and Nasdaq futures were up 0.46%. In December last year, the Caixin China Services PMI rose to 52.2, exceeding expectations, but the New Export Order Index fell below the critical point for the first time since August 2023 (a two-year low). The onshore RMB closed down 203 points to 7.3296 against the USD.