Express News | The Ministry of Industry and Information Technology released a public notice regarding the "Directory of New Energy Fund Vehicle Models Enjoying Vehicle and Vessel Tax Reduction Benefits" (Seventy-eighth batch), which includes multiple models such as Chon
GF SEC: How to view the sales elasticity under the continued policy of replacing old Passenger Vehicles with new ones?
The scope of support for auto scrapping and updates has been expanded, with subsidies per vehicle remaining the same as in 2024. It is expected that terminal sales of passenger vehicles in 2025 may show a slight positive growth.
Express News | Tesla China sold 93,766 vehicles wholesale in December.
Research Reports Digging for Gold | Ping An Securities: Bullish on the stimulating effects of multiple overlapping policies for New energy Fund, recommending Chongqing Sokon Industry Group Stock and Ideal Autos.
On January 9, Gelonghui reported that Ping An Securities stated that regarding the notice issued by the National Development and Reform Commission and the Ministry of Finance on expanding the implementation of large-scale equipment updates and the old-for-new replacement policy for consumer goods in 2025, the coverage of scrapped subsidies for Passenger Vehicles is expected to increase by about 10 million vehicles compared to 2024. The firm suggested that the old-for-new policy for Autos in mainland China for 2025 is clearly defined early, which significantly extends the effective duration of the policy compared to 2024, and expands the implementation scope of subsidies, increasing the subsidy amount for New energy Fund buses. The firm also determines that the sales-boosting effect of the 2025 policy on Autos is stronger than that of 2024.
Soochow: The old-for-new policy is implemented, and the Passenger Vehicle market is expected to remain highly prosperous in 2025.
The implementation of the scrapping/replacement policy shortens the policy gap and improves the waiting mood for end consumers regarding purchasing a vehicle, which will positively contribute to the recovery of Passenger Vehicle demand in Q1 2025 and the overall Passenger Vehicle consumption in 2025.
Express News | The delivery of the Wanjie M9 has surpassed 0.15 million.
Ping An Securities: The policy for replacing old Autos with new ones is clear, and the stimulating effect will exceed that of 2024.
The impact of policies on auto sales in 2025 will be stronger than in 2024, combined with the Electric Vehicles purchase tax policy, there is a bullish sentiment regarding the stimulating effects of multiple overlapping policies on Electric Vehicles.
Express News | The patent for the Chongqing Sokon Industry Group Stock vehicle body sealing structure without B-pillars has been authorized.
China Galaxy Securities: The promotion and popularization of autonomous driving shows that the concentration of leading car manufacturers continues to increase.
Looking towards 2025, advanced intelligent driving will enter a period of accelerated popularization, with 'Asia Vets equality' bringing accelerated supply-side product iteration.
Express News | Chongqing Sokon Industry Group Stock New energy Fund design institute has been deregistered.
Express News | Soochow: The domestic automotive landscape and valuations are expected to undergo a new round of reshaping.
Express News | The person in charge of the appraisal company responded to inquiries about the lawsuit from Jianjiao: it is currently unclear about the specific matters of the lawsuit, and preparations are being made to send a lawyer to respond.
Express News | The development and application of large complex thin-walled integral die-casting Magnesium Alloy structural components by Boao has been approved.
Chongqing Sokon Industry Group Stock (601127): Wanjie leads the luxury auto market in China, and new vehicles are expected to continuously drive the company's performance upward.
The company released its production and sales quick report for December, achieving wholesale sales of 0.0415 million Autos in December, down 22.56% year-on-year and down 2.65% month-on-month; the total wholesale sales of Autos for the year 2024 is projected to be 0.497 million Autos, an increase of +.
Express News | Chongqing Sokon Industry Group Stock's Zhang Xinghai: Achieve a target of one million units in New energy Fund within three years.
Production and sales report for December 2024
The "New Autos" wrapped up in 2024: Wencar's new M7 is expected to deliver nearly 200,000 units throughout the year, and Xiaomi Autos aims for a "new target" of 300,000 units.
On January 1st, Chongqing Sokon Industry Group Stock announced that the sales of New energy Fund vehicles in December 2024 reached 37,319 units, with total sales from January to December 426,885 units, a year-on-year increase of 182.84%. The founder, chairman, and CEO of Xiaomi, Lei Jun, first announced the annual performance: Xiaomi's deliveries in 2024 have surpassed 135,000 units, with a delivery target of 300,000 units for 2025.
December electric vehicle report card: BYD monthly sales of 0.515 million vehicles, "Weilai, Xiaopeng, and Ideal" all reach new highs.
On January 1, 2025, China's mainstream electric vehicle brands delivered impressive results for December.
The electric vehicle report for December has been released! "Weilai, Xiaopeng, and Li Auto" all reached new highs, and the delivery target for Xiaomi Autos in 2025 is 300,000 units.
Some are celebrating while others are feeling down.
Chongqing Sokon Industry Group Stock (601127.SH): In the year 2024, the sales volume of Chongqing Sokon Industry Group Stock autos reached 0.3894 million units, a year-on-year growth of 267.96%.
Chongqing Sokon Industry Group Stock (601127.SH) released an announcement that in 2024, the sales volume of New energy Fund Autos will be 0.4269 million units, and so on...
No Data