Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
Contemporary Amperex Technology vigorously attacks the billion-dollar level "new track".
Accelerate transformation.
Zhejiang Hangke Technology Incorporated: Equipment for the semi-solid state battery field has been successively delivered and plans to build a factory in Malaysia|Live coverage of the earnings conference
① The company has currently partnered with multiple relevant manufacturers both domestically and internationally to develop experimental or pilot lines for solid state batteries, and equipment has been continuously delivered; ② The contract signed with Volkswagen in the second half of the year is the largest single order in the company's history, and due to the significant amount of this order, deliveries are expected to start gradually in the first half of 2025; ③ The plan is to build a large manufacturing plant in Malaysia.
【Data Monitoring】 The trading volume of the chip etf has surged, with strong speculators exceeding 0.3 billion buying into grinm advanced materials.
① The sse science and technology innovation board 50 index increased significantly by 3.61% today, with many chip etfs experiencing a substantial increase in trading volume, among which the grinm advanced materials chip etf fund (588290) saw a 232% month-on-month increase in trading volume. ② The high-priced stock grinm advanced materials, which is hit with a trading halt, received a purchase of 0.309 billion from Huaxin Securities at the Shanghai Wanping South Road branch.
Seeking benefits for employees? eve energy co.,ltd. leases 2,000 electric vehicles to related parties | Quick read announcement.
eve energy co.,ltd. intends to lease no more than 2000 electric vehicles to Jinlong New Energy, with a total transaction amount not exceeding 0.1728 billion yuan, calculated at the maximum amount. This order accounts for nearly 40 times the revenue of Jinlong New Energy last year.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.