LI241220P18000
- 0.22
- 0.000.00%
Li Auto Newsroom
Express News | NVIDIA's Thor chip has been delayed in mass production, and Xiaopeng is considering postponing its adoption.
Trump Transition Team Proposes EV Policy Rollback
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 online upgrade (OTA) of Li Auto (02015.HK) while driving, Li Auto's Vice President Liu Jie clarified that the company will not perform OTA upgrades while the vehicle is in motion. He added that five conditions must be met for OTA upgrades to activate, including reaching the scheduled time, the vehicle speed being zero, in park (P), all doors locked, and the vehicle completely powered down. Liu Jie further explained that through technical analysis, the vehicle owner must have manually selected the option to upgrade after 5 minutes on the screen, locked the vehicle and exited, and only after reaching the scheduled time will the OTA upgrade start under conditions where the vehicle is unoccupied and powered down with doors locked. He emphasized that activation will not happen while driving.
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 towards electrification, with the competition in technology and costs intensifying. 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, thereby building industry barriers. The company currently predicts that the automobile industry will grow by 3.1% year-on-year next year, mainly driven by a 16% increase in overseas markets, while the domestic market is forecasted to have slight growth of 0.2%. In the development of electrification in the automobile industry, China Merchants' top choice is Geely Automobile (00175.HK), as Bullish on its new technology framework which enhances integrated capabilities.
Express News | Excellent Technology has launched its first innovative achievement that optimizes 4D driving scene reconstruction effects using the world model.
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.
CITIC SEC: It is expected that stimulus policies for the Autos Industry will continue next year, and the dawn of the Industry has already appeared.
CITIC SEC released a Research Report stating that the probability of continuing the stimulus policies in the Autos Industry next year is high, and there are signs of the industry emerging from its internal competition.
Are Investors Undervaluing Li Auto Inc. (NASDAQ:LI) By 27%?
Ideal Autos-W (02015) granted a total of 3.94697 million restricted stock units.
Ideal Autos-W (02015) announced that on December 15, 2024, the company will proceed according to its 2019 plan...
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
Cui Dongshu: In November, sedan retail sales were lower than SUV retail sales, and the SUV market is experiencing strong premiumization.
Various car manufacturers are also starting to use the Singles' Day Sales promotions and the mid-month Guangzhou Auto Show to increase Consumer attention, along with multiple favorable factors, collectively driving further enhancements in the heat of the car market in November.
U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Puhui International: It is estimated that by 2025, the penetration rate of new energy Passenger Vehicles in China will reach 53.7%, maintaining an accelerating upward trend.
The accelerating penetration rate has been the fundamental determination for the Electric Vehicles Industry in recent years.
Express News | Ideal Autos has independently developed high-strength and tough stainless Steel.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.