Express News | Ideal Autos has announced a limited-time zero-interest policy until the end of the year, aiming to reach a new high in market share among luxury brands.
What's Going On With Li Auto Stock Friday?
Launch a general attack on Ideal towards BBA.
Sharpening knives vigorously.
Express News | More than ten car companies such as Ideal and Tesla are promoting sales momentum, and experts expect a strong year-end market performance to emerge.
Geely sent knives to suppliers to bargain? The latest response from both parties!
Source: Securities Times Author: An YuFei Che Auto Enterprises not only send letters to suppliers to negotiate prices, but also "give knives"? Geely has clarified! Recently, the news that "BYD (01211.HK) and SAIC Datong are asking suppliers to reduce prices by 10%" has been fermenting. The incident of the general manager of Geely Automotive (00175.HK) parts purchasing company giving a knife to Chen Yudong, former president of Bosch China in 2023, has also been dug out, interpreted as Geely "sending a knife to negotiate prices." On November 29, Chen Yudong responded on his social media saying: "The knife is real, and the person who gave the knife is a good brother, not for price reduction."
Li Auto Reshuffles Smart Driving Team to Bolster Long-term Readiness, Report Says
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Express News | The first 0.01 million units of the Ideal MEGA mass-produced vehicles have rolled off the production line.
Hong Kong stock abnormal movement | Ideal autos (02015) rose nearly 5% in the morning, the company launched a limited-time zero-interest car purchase policy. Institutions expect the acceleration of the automotive industry elimination race.
Li Auto (02015) rose nearly 5% in the morning; as of the time of writing, it is up 4.5%, priced at 91.7 Hong Kong dollars, with a transaction volume of 0.467 billion Hong Kong dollars.
Express News | The Hang Seng Index rose by 1%, with xinyi solar and haidilao both increasing by over 5%.
Express News | Ideal autos' asia vets driving has changed again: the end-to-end department is independent, strengthening technological research and development.
Li Auto Launches 3-year 0-interest Financing Incentive for All Models
Ideal automobiles (02015.HK) is launching a limited-time interest-free car purchase policy by the end of the year.
Li Auto-W (02015.HK)(LI.US) announces a year-end limited-time zero-interest policy. From today (29th) to December 31, users purchasing the Li Auto L series and Li Auto MEGA can enjoy a minimum down payment three-year zero-interest financing plan.
Hefei will start issuing 44 million RMB automobile consumption vouchers from today, with electric vehicles eligible for a maximum discount of 6,000 RMB.
The Hefei Municipal Bureau of Commerce announced that from today (28th) to December 8th, a total of 44 million yuan will be distributed for the "2024 Hefei Automobile New Consumer Voucher", with the highest discount of 6,000 yuan for new energy vehicles. There will be 336 automobile enterprises participating in the event. It is reported that individual consumers purchasing non-operational automobiles (including gasoline vehicles and new energy vehicles, excluding used cars) from automobile retail enterprises participating in the event can receive and use the consumer vouchers. During the event, consumers using UnionPay cards starting with 62 to pay for the car purchase at the participating automobile sales outlets using the designated POS machine can enjoy installment payments.
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.
Lanchi Ventures Leads $42M Series A Financing for Allink Biotherapeutics to Accelerate Global Development of Bispecific Antibody and ADC Pipeline
Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline
U.S. Stock Market Prospects | Cryptocurrency concept stocks explode this year! Coinbase's stock price approaches a three-year high; electric vehicles press the accelerator! Ideal Auto skyrockets nearly 7% overnight.
The pharmaceutical has been included in the medical insurance bureau! The Chinese biotech pharmaceutical giant beigene's stock price has returned to the $200 mark, surging more than 7% last night.
"End-to-end" intelligent driving is rapidly gaining popularity: 2025 will be a big year for "getting in the car," and data may be the core asset.
① The latest achievement of the end-to-end + VLM dual system architecture for smart automobile driving by Ideal Autos - the parking space to parking space feature has been fully pushed to AD Max users. ② As an independent brand under SenseTime Technology that focuses on smart automobile platforms, SenseTime Jueying is one of the typical representatives deeply engaging in end-to-end smart driving technology within the supplier camp.
China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.
In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.