CES Hotspot Preview: Major companies like NVIDIA, AMD, Intel, and others release new products, with the market continuing to focus on AI, chips, and AR/VR.
① The CES exhibition will begin next week, and cutting-edge technologies such as AI, chips, and AR/VR will receive a lot of attention; ② Major companies such as NVIDIA, AMD, and Intel will hold a series of press conferences early next week; ③ Over a thousand Chinese companies will participate, accounting for more than 30% of the total exhibitors.
New developments in Huawei's automotive business unit: Business integration is anticipated, and SAIC is expected to join the partnership.
① Huawei's Automotive Business Unit officially integrated into the Vision Company this January. Several employees reported that Huawei promised old employees will still retain their Huawei employee status; ② Looking ahead to 2025, businesses should increase investment in the research and development of key Cloud Computing technologies to promote technological innovation and breakthroughs. Developing emerging technologies to achieve technological innovation and industry integration with new productive forces.
China Automotive Circulation Association: From December 23 to 29, 2024, the average daily trading volume of used cars rose to 0.0703 million units, an increase of 1.53% compared to the previous period.
The China Automobile Circulation Association released the weekly report on used cars (December 23, 2024 - December 29, 2024).
The ranking of Global automotive companies by Market Cap has undergone a "huge change": 21 Chinese automotive companies have made it into the TOP 50, with Xiaomi and BYD ranked third and fourth respectively.
①Tesla and Toyota still rank first and second; ②BYD, which previously held the third-largest position in the Global automotive market with a Market Cap of 107.84 billion USD, was surpassed by Xiaomi, which officially entered the Autos market in 2024 and was still outside the top 10 midway through the year; ③Chongqing Sokon Industry Group Stock, which is deeply tied to Huawei, ranks fourth among Chinese automotive companies after Xiaomi, BYD, and SAIC Group.
The Great Wall's profit responsibility has been upgraded.
The new year begins.
The "price war" fires the first shot of the new year! Ideal and NIO promote "subsidy guarantees", with over 9 major manufacturers updating car purchase rights.
① Li Auto launched a "replacement subsidy" guarantee, offering a cash subsidy of 15,000 yuan for each vehicle. ② Xpeng Motors has begun a limited-time Spring Festival gift distribution event, including a 0.01 million yuan cash red envelope and an 888-degree electricity card, among others. ③ Although the national policies related to 2025 have not yet been clearly defined, many regions have already introduced local subsidy measures.