News list for " Automobile"
On July 29th, today (29th), China Changan Automobile Group Co., Ltd. was established in Chongqing. This new central enterprise was separated from the original Weapon Equipment Group and has 117 subsidiary companies. The main business is automobile complete vehicles and parts, automobile sales, financial and logistics services, motorcycles, etc. The person in charge of China Changan Automobile Group said that the new central enterprise will focus on building new productivity such as intelligent a...
1. The Standing Committee of the National People's Congress deliberated and approved the "Action Plan for Improving the Power Battery Recycling and Utilization System of New Energy Vehicles". 2. Shanghai: Promote the large-scale application of AI in vertical fields, focusing on the formation of application scenarios in areas such as autonomous driving. 3. SAIC and Huawei signed an in-depth cooperation agreement in Shanghai. 4. Musk participated in the debut of flying car Alef: road driving + ver...
Mr. Trump is considering tariffs of about 25 per cent on cars, medicines and chips imported into the US. "The tariffs will be at or above 25 per cent and they will go up significantly this year," Mr. Trump said of chips and medicines. Further increases are likely later this year in order to give companies "a bit of a chance" to move operations back to the US. He added that final details of the auto tariffs would be released "probably" on April 2, when he had said they would take effect.
Some popular Chinese stocks strengthened, with XPeng Motors (XPEV. N) up 4.8 percent, Alibaba (BABA. N) up 2.5 percent and Li Auto (LI. O) up 2 percent.
A shares of Dong'an Power and Hunan Tianyan rose by the daily limit, Changan Automobile and Great Wall Military Industry opened higher, and the indirect controlling shareholder Weapon Equipment Group is planning a reorganization.
On February 10, regarding the announcement by the parent company China Ordnance Equipment Group Co., Ltd. that it is planning a reorganization with other state-owned central enterprise groups, Changan Automobile replied to reporters: "At present, the specific situation is not clear. The announcement is the main one, and further information will be shared."
1. XPeng Motors: The industry's only 5-year 0-interest and 0 down payment policy was officially launched today. 2. NIO announced the launch of a 5-year 0-interest limited-time financial preferential policy. 3. Tesla launched the largest preferential package in history, covering all Model 3 models for the first time. 4. Tesla's Shanghai energy storage super factory will hold a production ceremony on February 11. 5. Tesla's sales in the second largest electric vehicle market in the European Union ...
On February 2nd, BYD shares announced that in January 2025, the output of new energy vehicles was about 327,900, an increase of 59.48% year-on-year; the sales volume was about 300,500, an increase of 49.16% year-on-year.
On January 17, the Ministry of Public Security released the latest statistics on the 17th. In 2024, the number of motor vehicles in the country reached 453 million, including 353 million cars; the number of motor vehicle drivers reached 542 million, including 506 million car drivers. The number of new energy vehicles reached 31.40 million, and 11.25 million were newly registered throughout the year. From 1.20 million in 2019 to 11.25 million in 2024, it showed a high-speed growth trend.
Shares of popular Chinese stocks rose premarket, with XPeng Motors (XPEV. N) rising more than 10 percent, Bilibili (BILI. O), Li Auto (LI. O) rising nearly 5 percent, JD.com (JD. O) rising 4.4 percent, and Pinduoduo (PDD. O), Baidu (BIDU. O), and Alibaba (BABA. N) rising more than 2 percent.
