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Li Auto Newsroom
Express News | Ideal Autos: Last week's sales reached 0.0141 million units.
Countdown to "Double New" subsidies: local governments and car companies are both making efforts as the end of the year approaches, and the car market enters the sprint phase.
According to data from the Ministry of Commerce, as of December 13, 2024, the "Double New" subsidy policy has driven Passenger Vehicle sales to exceed 5.2 million units, including over 2.51 million units from scrapped vehicles and over 2.72 million units from replacement vehicles. Meanwhile, many local governments have intensified efforts to implement policies to promote Consumer spending on Autos.
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?
Ideal (02015.HK) sales last week increased to 0.0141 million vehicles.
Ideal-W (02015.HK) released the latest sales data, with sales reaching 0.0141 million vehicles last week (December 9 to 15), an increase compared to 0.0126 million vehicles in the previous week.
China's Auto Sector Price Pressure May Persist Amid Intense Competition -- Market Talk
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The traditional peak season at the end of the year combined with the "old-for-new" policy brings growth! The A-share Autos sector is experiencing strong fluctuations.
In November, monthly production and sales of Passenger Vehicles surpassed 3 million units for the first time. Institutions pointed out that the traditional peak season at the end of the year, combined with the "trade-in for new" policy, has increased the retail momentum in the Passenger Vehicle market.
Most Autos stocks are rising. BYD Company Limited (01211) rose by 2.82%. Institutions expect a higher probability that stimulus policies for the Autos Industry will continue next year.
Jingwu Finance News | Most car stocks rose, with BYD Company (01211) up 2.82%, XPeng Inc. (09868) up 2.4%, Great Wall Motor (02333) up 2.35%, Li Auto (02015) and Geely Automobile (00175) rising less than 1%. The National Bureau of Statistics announced that in November, the industrial added value above designated size increased by 5.4% year-on-year, which is 0.1 percentage points faster than the previous month. Among them, the production of New energy Fund, industrial robots, and integrated circuit products increased year-on-year by 51.1%, 29.3%, and 8.7%, respectively. CITIC SEC Research Reports.
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
The Hottest Auto Stock Over the Last Six Weeks Is Not Tesla
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Express News | NVIDIA's Thor chip has been delayed in mass production, and Xiaopeng is considering postponing its adoption.
Express News | The Trump transition team plans to completely revoke Biden's electric Autos and emissions policies.
Express News | Li Xiang stated, "Entrepreneurs should not mythologize themselves too much": personally leading the team and being hands-on is essential.
Ideal Automobiles (02015.HK): Vehicles will not conduct OTA while driving.
Regarding the rumors about Ideal Automotive (02015.HK) performing over-the-air updates (OTA) while driving, Vice President Liu Jie clarified that the company will not conduct OTA updates while driving. He added that five conditions must be met simultaneously to trigger an OTA update, including reaching the scheduled time, the vehicle speed being zero, the vehicle in park, all four doors locked, and the entire vehicle powered down.
Express News | Ideal responds to the vehicle's "automatic OTA" incident.
Investment ratings and Target Price by China Merchants for China Automobiles and related stocks (table).
China Merchants published a research report on investment ratings and Target Prices for China Automobiles and related shares as follows: Shares | Investment Rating | Target Price (HKD) Geely Automobile (00175.HK) | Shareholding | 21.8 BYD (01211.HK) | Shareholding | 360 Xpeng Motors - W (09868.HK) | Shareholding | 73 ZHONGSHENG HLDG (00881.HK) | Shareholding | 30 FUYAO GLASS (03606.HK) | Shareholding | 73 Li Auto - W (02015.HK) |
"China Merchants Securities: Looking ahead to next year's electrification, Geely (00175.HK) is the top pick, while the new forces are Bullish on Xiaopeng (09868.HK) and Li Auto (02015.HK)".
China Merchants published a research report indicating that the automobile industry in China is advancing in electric development, with increasing competition in technology and costs. The next stage is expected to be a competition in automobile intelligence, where leading manufacturers will create a positive cycle of data, training and sales, thus establishing industry barriers.
Express News | Excellent Technology has launched the first innovative achievement in optimizing 4D driving scene reconstruction effectiveness using world models.
In November, China's industrial added value above the designated size increased by 5.4% year-on-year, with New energy Fund, Siasun Robot&Automation, and integrated circuits leading the growth.
From January to November, the added value of large-scale industries grew by 5.8% year-on-year. Among them, the production of New energy Fund vehicles, Siasun Robot&Automation, and integrated circuit products increased by 51.1%, 29.3%, and 8.7% respectively.