Phate Zhang
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China EV stocks: Is an upward re-rating looming?
"Looking ahead, we could envision a re-rating upward of China EV stocks given the large discount relative to US peers," said Deutsche Bank analyst Edison Yu's team.
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EV stocks rise in Hong Kong as market sees overall rebound
Nio has extended its gains to 13.5 percent, a new high since it went public in Hong Kong. Xpeng and Li Auto are both up over 10 percent.
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Fitch says China EV deliveries to remain strong despite rising prices
"Fitch believes the prospects for China's EV market are bright, given still-strong demand," the credit rating firm said.
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Deutsche Bank on Chinese EV startup 'Fab 5' deliveries: Impact of Covid lockdown limited
Edison Yu's team does not expect raw material price increases to have a materially negative impact on EV demand, considering that many ICE vehicle prices are also rising.
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BYD Han family sells 12,359 units in March, Dolphin at 10,501
The BYD Song family sold 26,729 units in March, and the Qin family 24,797 units.
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Nio vehicle suspected to be ES7 spotted in real life
An SUV with a LiDAR and camera setup on the roof similar to the Nio ET7 sedan has been seen in a parking lot.
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BYD sells 104,878 NEVs in March, up 333% year-on-year
BYD has stopped production of fuel vehicles since March 2022, saying it is based on strategic development needs.
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BYD discontinues production of fuel vehicles as it shifts entirely to NEVs
In the automotive section, BYD will focus on pure electric and plug-in hybrid vehicle businesses in the future.
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Tesla aims to resume production at Giga Shanghai on April 4, report says
Tesla Giga Shanghai produces about 6,000 Model 3 and Model Y vehicles a week, according to Reuters.
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Tesla delivers 310,048 vehicles globally in Q1, up 68% year-on-year
Tesla's production in the first quarter was slightly lower than the fourth quarter of last year due to supply chain challenges and plant shutdowns.
