Cui Dongshu, Secretary General of the China Passenger Car Association: The 'Autos to the Countryside' policy needs to be strengthened rather than suppressed.

In 2024, China's auto market retail achieved the expected strong start, followed by a sharp divergence between electric vehicles and gasoline vehicles. From January to August 2024, the retail sales of electric vehicles reached 6.01 million units, showing a relatively strong trend with a 35% increase, close to the 36% growth rate in 2023.

Zhitong Finance11:14

"Golden September and Silver October" peak season, car companies boost sales by "lowering prices and adding features".

①The advanced driving assistance system has been extended to models priced below 0.2 million yuan, leading to an increase in brand sales. ②In multiple areas, the 'trade-in for new' subsidy for automobiles has been launched, and the brand and dealer stores have followed up with corresponding discounts and car purchase policies.

cls.cnSep 15 17:07

Express News | The United States has decided to impose additional tariffs on Chinese products, with a 100% increase in tariffs for electric cars.

BreakingsSep 14 10:47

August electric vehicle sales: BYD sold nearly 0.38 million units, sokon industry group stock surged nine-fold year-on-year.

①After surpassing a 50% market penetration rate in July, the market penetration rate of new energy vehicles further increased in August, achieving a steady and robust development with a "step-by-step" approach. ②In August, BYD not only broke its own monthly sales record, but also achieved the highest year-on-year growth rate of the year. ③Chery Automobile and Chongqing Sokon Industry Group Stock achieved year-on-year retail sales growth of 251.5% and 912.3% in August respectively.

cls.cnSep 11 14:21

Byd company limited may raise its full-year sales target to 4 million vehicles, combining plug-in hybrid, asia vets, and price reductions.

Morgan Stanley's latest research report shows that the management of BYD Company stated that the full-year sales target has been raised to 4 million vehicles. If we calculate based on the 4 million vehicles target, it means that the monthly average sales for the remaining four months of this year need to reach 0.418 million vehicles.

cls.cnSep 11 11:42

Quick Look at Mid-day Trading | The three major stock indexes in Hong Kong all fell, with oil and coal stocks declining; all three major oil companies saw a drop of over 5%, while Tianqi Lithium Corporation surged 12% against the market trend.

Network technology stocks generally fell, with SenseTime down nearly 3%, JD.com, Netease down nearly 1%, Tencent, Alibaba slightly down; Bilibili rose by over 1%, Meituan slightly rose.

Futu NewsSep 11 10:31