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NIO-SW (09866.HK) (NIO.US)'s third brand “Firefly” plans to launch its first plug-in hybrid electric vehicle (PHEV) in 2026 for sale in overseas markets, including the Middle East, North Africa and Europe, with deliveries beginning in 2027, Reuters, citing people familiar with the matter, reported. The main inves...
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LI AUTO-W (02015.HK)'s 3Q24 results beat, but the guidance for 4Q24 vehicle deliveries and revenue were conservative, mainly because the management believed that the government's consumption subsidy policy for trade-ins is working, so it does not intend to adopt an aggressive sales policy in 4Q24, Goldman Sachs said a re...
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LI AUTO-W (02015.HK)'s 3Q24 net profit amounted to RMB2.81 billion, 8% higher than the market consensus, CMSI released a research report saying. Gross profit margin was 21.5%, of which the gross profit margin for auto was 20.9%, up 2.2 ppts QoQ. The QoQ improvement was due to economies of scale and cost reductions.CMSI belie...
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BYD COMPANY (01211.HK) opened 0.94% higher today (4th). It last printed at $289.8, up 4.39%, on a volume of 1.2708 million shares and a turnover of $363 million.BYD COMPANY's new energy vehicle (NEV) sales reached 502,657 units in October, marking a growth of 66.5% YoY or 19.8% MoM. However, overseas sales totaled 31,192 uni...
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GEELY AUTO (00175.HK) opened 1.01% higher today (4th). With wider increment, it peaked at $14.64. It last reported at $14.46, up 4.48%, with 27.387 million shares traded, involving $396 million.Geely's total sales volume last month rose 28% YoY to approximately 226,700 vehicles, of which ZEEKR (ZK.US) sales were 25,000 vehic...
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