China Automobile Dealers Association: It is expected that the retail sales of electric vehicles in November will reach 1.28 million, with a penetration rate of approximately 53.3%.

According to the China Automobile Dealers Association's preliminary estimates, the total retail market size of narrow passenger vehicles in November is about 2.4 million vehicles, an increase of 15.4% year-on-year, a 6.1% increase from the previous month. The retail sales of new energy vehicles are expected to reach 1.28 million, with a penetration rate of approximately 53.3%.

Zhitong FinanceNov 22 15:53

Elon Musk and Donald Trump suddenly announced a major "alliance"! Veteran journalist: Twitter and Truth Social may be in talks for a business merger......

After Trump's election victory, he reinstated billionaire Musk who explicitly expressed support. Veteran journalists foresee a possible business merger between Musk's Twitter and Trump's Truth Social in the future.

FX168Nov 22 15:02

Musk-Led Trump Efficiency Push to Get House Subcommittee Boost

BNN BloombergNov 21 21:40

Taking the lead independently, with foreign investment closely following; range-extended hybrid technology sweeping the global market.

①On November 20 local time, Stellantis Group announced the launch of the STLA Frame vehicle platform. ② Stellantis Group introduced that vehicles equipped with this platform will first be equipped with innovative powertrains, including pure electric and extended-range, and in the future can also be equipped with internal combustion engines, hybrid power, and hydrogen energy power systems.

cls.cnNov 21 17:21

Is the lithium battery industry chain about to bottom out? Industry insiders expect prices to rebound next year, with leaders emphasizing a global layout.

Zhang Xiaofei, the chairman of Gaogong Lithium Battery, expects that the first quarter of next year will be the lowest point for prices, while the prices of battery main materials will begin to rise in the second quarter of next year.

cls.cnNov 21 13:21

The fluctuation of the photovoltaic cycle far exceeds the past. Representatives of leading companies suggest considering transformation earlier if things are not going well.

① In the case of a divergence between prices and costs, the photovoltaic industry has fallen into a crisis not seen in recent years, with prices at various stages declining by 60%-80% compared to the peak in 2023; ② Long-term losses are unacceptable in any industry, and with market growth slowing, it has become very difficult to resolve the current capacity issues. This cycle may last longer.

cls.cnNov 20 14:27