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XPeng Newsroom
The Xiaopeng MONA M03 has accumulated 0.05 million units offline since its launch 4 months ago.
Gelonghui, December 27 | Xiaopeng MONA's official WeChat account announced today that the Xiaopeng MONA M03 has accumulated a production of 0.05 million units four months after its launch, continuously breaking the speed record for new electric vehicle brands. The official statement indicated that the factory is currently ramping up production efforts, capable of rolling out a new car every 72 seconds on average.
China's EV Price Wars Hit Auto Profits, Smaller Players Struggle as Margins Shrink
A maximum decrease of over 11%! BYD and Tesla are "joining forces" to lower prices at the end of the year, making a final push for the "Year of the Dragon."
① BYD and Tesla, the two leading companies in the New energy Fund, will successively launch limited-time promotional activities at the end of 2024 for a final push; ② At the beginning of next year, discounts on new vehicles may increase, reigniting a "price war" in the auto market.
The National Development and Reform Commission has officially established the Low Altitude Economy Development Department.
The National Development and Reform Commission's website shows the formal establishment of the Low Altitude Division. Official introductions indicate that the full name of the Low Altitude Division is the Low Altitude Economic Development Division, which is responsible for formulating and organizing the implementation of low altitude economic development strategies, medium and long-term development plans, proposing relevant policy recommendations, coordinating major related issues, and other functional departments. In terms of specific responsibilities, it formulates and organizes the implementation of low altitude economic development strategies, medium and long-term development plans, proposes relevant policy recommendations, and coordinates major related issues. The webpage also mentioned that the Low Altitude Economic Development Division recently held a special seminar to promote low altitude infrastructure and the construction of the low altitude intelligent network system.
Xpeng Sees 50,000th Mona M03 Roll off Line
Open-source Securities: In December, the demand for Passenger Vehicles reached a new high, and intelligent driving is expected to accelerate its penetration by 2025.
In December, the car market is expected to see rapid growth in sales due to the approaching policy deadlines, the accelerated effects of the trade-in policy, and the high demand for new cars. Both New energy Fund and RBOB Gasoline vehicles are expected to show growth, with the retail end's electrification rate projected at 52%.
Express News | The "Hubei-made" PC Glass is used in the Xiaopeng flying car.
The Pacific Securities: Xiaomi Automobiles SU7 integrates with the VLM visual language model to achieve more efficient charging and energy replenishment in collaboration with "Weixiaoli."
The stock price of Xiaomi-W (01810.HK) rose this morning, currently at 34.75 HKD, an increase of 6.1%, with a trading volume exceeding 5.7 billion HKD. NIO-SW (09866.HK) climbed 3.8%, Li Auto (02015.HK) surged 6.6%, while Xpeng-W (09868.HK) declined by 1.7%. The mainland Brokerage Pacific Securities recently released a report stating that Xiaomi HAD (Xiaomi Hyper Autonomous Driving) will fully access the end-to-end large model, significantly upgrading the intelligent driving experience, expected to launch by the end of December.
Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.
① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.
Xiaomi (01810.HK) collaborates with 'Weixiaoli' to work on a charging and energy replenishment network.
According to reports from local media, Xiaomi-W (01810.HK) announced on Wednesday (25th) that its subsidiary, Xiaomi Automobiles, will collaborate with "Wei Xiaoli", which refers to NIO-SW (09866.HK), Xiaopeng-W (09868.HK) and Li Auto-W (02015.HK), to officially begin a Charging Station network cooperation. According to Xiaomi Automobiles, they are partnering with NIO to officially start the Charging Station network cooperation. Over 14,000 NIO Charging Stations will be integrated into the Xiaomi charging map, allowing real-time viewing of NIO Charging Station dynamic data on the charging map, and also enabling scanning to charge using the Xiaomi Automobiles app. To help
U.S. stock market close | The three major Indexes had mixed performances, with the Dow rising for five consecutive days; Drone Concept stocks surged, with SES jumping 100%; Apple continued to reach new highs, with its Market Cap approaching 4 trillion dol
After the Christmas holiday, trading is quiet. The S&P and Nasdaq briefly turned positive, with Apple reaching a new high and its Market Cap approaching 4 trillion dollars. Tesla fell by 1.8%, NVIDIA's decline narrowed, Broadcom rose over 2%, Drone concept stocks surged, the Chinese concept index rose by 0.9% at one point, Ideal Autos increased by more than 9%, and Kingsoft Cloud rose over 14%.
What's Going On With Chinese EV Stocks Nio, Li Auto, XPeng Thursday?
Shares of Chinese EV Stocks Are Trading Higher Amid Recent Reports of a Chinese Stimulus Plan.
2025 Auto Industry Outlook: How to Play Auto Market in New Year
Cui Dongshu: From January to November, China imported 640,000 Autos, a year-on-year decrease of 11%.
The import volume of autos in China has continued to decline at an average annual rate of about 8% from 1.24 million units in 2017, reaching only 0.8 million units by 2023. In the period from January to November 2024, auto imports were 0.64 million units, a year-on-year decrease of 11%.
Xiaomi Gains Access to EV Chargers of NIO, XPeng, Li Auto
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.
Caixin Auto Morning News [December 26th]
① Passenger Vehicle market retail from December 1-22 was 1.692 million vehicles; ② Chongqing Changan Automobile's Zhu Huarong: Huawei has reserved a 20% equity stake for Changan, and appropriate arrangements will be made in the future; ③ Zhi Mi Automobile completed a 9.4 billion yuan Series B financing;
Tesla's Market Cap accounts for half of the Global Autos industry! In 2025, autonomous driving will迎来 the ChatGPT moment; how will the competitive landscape evolve?
The Pacific Securities believes that the next three years are a critical phase for the intelligent upgrade of Electric Vehicles, with Tesla being the core driving force. By 2025, Tesla's FSD is expected to gradually reach a turning point globally, driving the New energy Fund industry into a truly intelligent era. Under the catfish effect of Tesla, leading Electric Vehicle companies domestically and internationally are expected to accelerate intelligent applications, thus opening up demand space.