NIO Inc. Sets Record Date for Annual General Meeting
The Passenger Vehicle Association: In April, the national retail sales of passenger vehicles reached 1.791 million units, an increase of 17% year-on-year.
In April, the national Passenger Vehicle market retail sales reached 1.791 million units, with cumulative retail sales of 6.918 million units this year, a year-on-year increase of 9%.
Sichuan Zhongguang Lightning Protection Technologies (300414.SZ): Supplies lightning protection devices for Charging Stations used by new energy vehicle manufacturers such as NIO.
On May 8th, Gelonghui reported that Sichuan Zhongguang Lightning Protection Technologies (300414.SZ) recently communicated with investors, stating that currently, the company's magnetic components (inductor products) are not only sold to several well-known international Communications Equipment manufacturers, but also supplied to various domestic and foreign suppliers of New energy Fund vehicles, as well as Medical Devices manufacturers. The company's products have passed component verification from multiple domestic New energy Fund vehicle suppliers, and have also been verified by Vinfast, Vietnam's first New energy Fund vehicle manufacturer. Additionally, the company supplies lightning protection components for Charging Stations to new energy vehicle manufacturers such as NIO.
Under the "safety equality" context, prices have dramatically dropped. Will Lidar make a comeback in vehicles?
① The 2025 Avita 12 is launched with the "three Lidar solution", which is currently the only "three Lidar" case in the 0.3 million level; ② The deepening Global Strategy cooperation reached a month ago between LEAPMOTOR and Hesai Technology also focuses on "Lidar".
Auto stocks are generally warming up, with Geely Autos (00175) rising by 5.6%. Institutions indicate that the price war will continue in the short term, and cost-performance ratio remains the current market focus.
Jinwu Financial News | Automobile stocks generally showed signs of recovery, with Geely Automobile (00175) rising by 5.6%, Ideal Automotive (02015) up 5.15%, Great Wall Motor (02333) increasing by 3.06%, Xpeng Motors (09868) up by 2.34%, NIO (09866) rising by 1.17%, and both Guangzhou Automobile Group (02238) and BRILLIANCE CHI (01114) increasing by 1.07%. Sinolink pointed out that the market is still in a price war, which is expected to continue in the short term, and the market deflation in the automotive sector will not end soon. Therefore, from the perspective of the market price war, consumers are sensitive to prices during the price war.
In April, electric vehicle sales in China soared! 0.9 million units sold, a 33% growth, and a 51% penetration rate... Macquarie recommends paying attention to these Stocks.
Driven by the launch of new models at the Shanghai Auto Show, the sales of Passenger Vehicles in May are likely to see a slight month-on-month increase, in line with historical trends.
Everbright: Pay attention to the changes in terminal discounts of car companies after the holiday, focusing on the theme of Asia Vets.
Everbright stated that the resonance between intelligent driving and Siasun Robot&Automation is expected to continue to develop, and is Bullish on automakers that have accumulated sufficient self-developed intelligent driving algorithms/chip capabilities at the vehicle end, as well as the supporting Industry Chain for the extended layout of robots.
Hong Kong stock Concept tracking | Autos Consumer policy Bullish continuously, car purchasing demand is expected to continue to be released (with Concept stocks)
Since the beginning of this year, the intensive introduction of policies by national and local governments to boost Autos Consumer has injected strong momentum into the Industry.
Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.
① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.
U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
Nio Sees Single Day Battery Swap Service Top 134,770 Over Labor Day Holiday
China EV Insurance Registrations for Week Ending May 4: Nio 3,470, Tesla 7,290, BYD 59,310
Rivian Holds Firm On $45K Price For Upcoming R2 Despite Tariff Pressures: CEO RJ Scaringe Says It's 'Important For Us' As EV Maker Tops Q1 Estimates
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat
Express News | China's Official: Will Lower Interest Rates on Structural Policy Tools by 25 Bps; Guide Commercial Banks to Lower Deposit Rates; To Help A-Share Listed Companies Affected by Tariffs to Cope With Difficulties
Express News | In Overnight Trading, U.S.-Listed Chinese Stocks and ETFs Surge After China's Official Announces Series of Policies; DUO Surges 17%, BEKE Rises 4%; Alibaba, JD and Bilibili Rise 2%, YINN Up 4%, CWEB Rises 3%
Nio Onvo Clears Hurdle Holding Back Car Owners From Changing BaaS Plan
U.S. Treasury Secretary and USTR to Meet With Chinese Counterparts Amid Possible Break in Trade War
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.