As of the end of September, the country's cumulative installed generating capacity is approximately 3.16 billion kilowatts, a year-on-year increase of 14.1%.
On October 21st, the State Energy Administration released the national electrical utilities industry statistics for January to September.
Cui Dongshu: September passenger vehicle segment market trends
From a structural perspective, low-end consumer market is sluggish, while high-end consumer market is strong. The B-segment in the car market performs well, with SUVs showing a stronger trend towards high-end transformation. The SUVs in the B and C segments are stronger compared to last year.
Finally not rolling prices? The Photovoltaic industry association releases a reference price of 0.68 yuan/W, industry insiders expect the technical standard weight to increase.
①china Photovoltaic Industry Association provided a 'reference price' for module costs in October 2024: 0.68 yuan/W, and pointed out that the winning bid contract must be higher than the cost; ②Industry analysis believes that future bidding is expected to depend more on technical standard review, examining enterprise scale, strength, technical capabilities, past performance, and overall performance.
"Trade-in for New" subsidies boost the electric vehicle market, some car owners purchase orders from scalpers to enjoy discounts. | Frontline
1. Due to the application deadline for the national subsidy for trading in old for new, popular car models, consumers choose to purchase delivery orders nearing deadline. 2. In addition to the national subsidy, various regions also have overlapping application "consumer vouchers", some stores are considering issuing cross-regional invoices to help consumers enjoy discounts on car purchases.
Successively launching affordable electric vehicle models, european car manufacturers have started a "counterattack".
At this week's Paris Motor Show, european automotive giants such as Renault and its subsidiaries Dacia, Stellantis, etc. have successively launched affordable electric car models. The Renault Twingo E-Tech and Dacia Spring models are priced below 0.02 million euros each.
Hit a new record high! In September, the sales volume of new energy heavy trucks reached 7883 units.
According to the latest data obtained by the First Commercial Vehicle Network, in September 2024, a total of 7,883 domestic new energy heavy-duty trucks were sold, an increase of 25% from August, and a year-on-year increase of 148%. The new energy heavy-duty truck market has maintained year-on-year growth for 20 consecutive months.
In September, sales increased by 30%, the global electric car market is recovering! China has the most eye-catching performance, with rebounds in the European and American markets.
Global electric vehicle sales in September increased by more than 30% year-on-year, with the Chinese market occupying the majority of the market share, reaching a record-breaking 1.12 million units. The European and American markets are recovering, with European sales increasing by over 4% that month and a significant 24% increase in the United Kingdom. The United States achieved historical new highs in sales and market share in the third quarter.
"Innovation high" is the key phrase for electric vehicle companies in September, who has achieved "self-breakthrough"?
1. In September, the domestic new energy auto market saw strong growth, with sales from multiple auto companies hitting a record high. 2. Nine auto companies saw a significant year-on-year increase, with only GAC Aion continuing to decline. All ten auto companies showed a growth trend on a month-on-month basis.
China accounts for over half! In September, global electric autos sales increased by 30.5%, setting a new record.
1. In September, global sales of pure electric and plug-in hybrid electric vehicles increased by 30.5% year-on-year, with China's sales hitting another historical high; 2. Data from Rho Motion shows that global electric vehicle sales in September reached a record high of 1.7 million units.
Another meeting today! Leading photovoltaic companies discuss pricing mechanisms. The upstream has stabilized, but the downturn in components has not stopped.
①China Photovoltaic Industry Association held a symposium on preventing industry vicious competition, aimed at resolving excess production capacity earlier; ②Such meetings have been held many times, but the effectiveness is good. Currently, component prices continue to fall, and the industry is expecting more specific production reduction plans.
A new wave of offshore photovoltaics is emerging: the reliability of components is further verified, with nearly 30GW projects planned domestically. | Industry News
①Currently, there are approximately 30GW of offshore photovoltaic projects either planned or under construction. Offshore photovoltaics are expected to become an important force in achieving energy saving, carbon reduction goals, and steadily achieving carbon neutrality in our country; ②The reliability of components is a crucial test for the promotion of offshore photovoltaics, with double-layer coatings, sealed junction boxes, etc., ensuring the stable operation of offshore power plants.
Demand for earthmoving machinery rises, domestic sales of excavators in September increase by more than 20%, will infrastructure recovery be boosted by debt restructuring? | Industry News
① In September, domestic excavator sales increased by nearly 20% year-on-year, marking the sixth consecutive month of double-digit positive growth in domestic sales. ② With the gradual implementation of equipment renewal subsidies and the accelerated construction of major domestic infrastructure projects, the industry is expected to gradually emerge from the downturn.
In September, the domestic passenger vehicle market is full of positive news. More than 60% of A/H-share listed automotive companies achieved both month-on-month and year-on-year growth.
①The data released by China Association of Automobile Manufacturers (CAAM) shows that the auto sales in September were 2.809 million vehicles, an increase of 14.5% month-on-month, a year-on-year decrease of 1.7%; ②Caijing Network reporters compiled the September sales of 14 A/H-share listed car companies, all achieving month-on-month growth; ③The passenger vehicle market is gradually warming up, especially the retail market showing continuous strength, the "golden September" effect continues to be evident.
Aluminum oxide hits a new high! Can the upward trend continue? How much room is there above?
Aluminum oxide has repeatedly hit new highs, how much more room is there on the upside? Market analysis suggests that supply and demand imbalance may be a key factor...
Hurricane Milton poses a direct threat: electric cars becoming a source of fire risk.
Florida officials warn that electric cars submerged in floods pose a risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department has confirmed that the previous Hurricane Helene caused 48 lithium-ion battery fires, 11 of which were related to electric cars.
Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.
①Akio Toyoda stated that if electric vehicles simply become the only option, including for our suppliers, those people's jobs will be lost; ②Akio Toyoda pointed out that the market share of pure electric vehicles will at most reach 30%, with the rest being taken over by hybrid cars, hydrogen fuel cell vehicles, and rbob gasoline cars.
Micro-cap stocks have been 'eliminated', yet the gains of fund heavyweight stocks are 'falling behind'. What could be the reason?
In the violent surge of the general rise in the market, there are still subtle differences in the stock selection strategy of funds that quickly repair their net asset value.
Over 40 new car models have been launched intensively, the most crowded 'Golden September' in history! byd company limited leads the pack strongly.
Source: Securities Times, Author: Han Zhongnan As the peak season for auto sales, this year's "Golden September" has attracted attention from all walks of life. According to incomplete statistics from reporters, more than 40 new autos were launched in September. On September 26 alone, at least 10 new autos were simultaneously launched, released, or pre-sold. As auto companies intensively release new models, price wars accelerate reshuffling, and consumer enthusiasm is gradually released. Recently, several auto companies have announced their September sales and delivery performance. At the same time, the stock prices of new energy funds in the Hong Kong stock market soared. On October 2, at the close of trading on the Hong Kong stock market, Nio Inc. -
The new forces in the automotive industry have great potential: 'Ownerless Motors' sets a new delivery record, with Nio delivering over 20,000 vehicles for five consecutive months.
li auto inc, leapmotor, and xpeng all set new delivery records; nio inc also achieved delivery volume exceeding 20,000 units for the fifth consecutive month.
BHP Group Ltd: Global copper demand is expected to increase by an average of 1 million tons per year by 2035.
BHP Group Ltd released a report stating that, benefiting from the widespread adoption of copper-intensive technologies, global copper consumption is expected to increase by an average of 1 million tons per year by the year 20235, double the average annual increase of the past 15 years; At the same time, the growth of copper mine output will be constrained by high costs and declining ore grades.