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%.

Zhitong Finance04:56 ET

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.

Gelonghui Finance04:49 ET

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%.

cls.cn19:11 ET

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.

cls.cn18:07 ET

Nio Sees Single Day Battery Swap Service Top 134,770 Over Labor Day Holiday

CnEVPostMay 7 02:55 ET

China EV Insurance Registrations for Week Ending May 4: Nio 3,470, Tesla 7,290, BYD 59,310

CnEVPostMay 7 01:11 ET