On May 2, Hong Kong stocks ushered in the first trading day after Labor Day. The Hong Kong stock market continued to rise in the red in the morning. Since late April, the Hong Kong stock market has continued to remain strong.
The picture comes from Tuchong Creative
On that day, Weilai -sw (09866.hk) continued to rise after opening 14% higher. As of press time, the increase was more than 21%. Last night, Weilai’s US stocks also rose by more than 11%.
Xpeng Motors -w (09868.hk) rose more than 6%, and Li Auto -w (02015.hk) also rose more than 1%.
In terms of news, on May 1, major domestic new energy vehicle companies announced April delivery data. Among them, NIO delivered 15,620 new cars in April, a year-on-year increase of 134.6%. A total of 45,673 vehicles were delivered from January to April, a year-on-year increase of 21.2%.
In contrast, Xpeng Motors delivered 9,393 vehicles in April, a year-on-year increase of 33%; from January to April, it delivered a total of 31,214 vehicles, a year-on-year increase of 23%. Li Auto delivered 25,787 new cars in April, a year-on-year increase of 0.4%; a total of 106,187 vehicles were delivered from January to April.
It is worth mentioning that the new star company Xiaomi Auto completed 7,058 units in its first delivery month (April). As of 24:00 on April 30, the number of locked orders for Xiaomi su7 reached 88,063 units. As of press time, Xiaomi Group-w (01810.hk) has risen by more than 1%.
On the one hand, market demand continues to expand. In the first quarter, China's new energy vehicle production and sales reached 2.115 million and 2.09 million respectively, representing year-on-year increases of 28.2% and 31.8% respectively. On the other hand, product supply is becoming increasingly abundant. Domestic and foreign-funded enterprises rely on their own and China's new energy vehicle industry and supply chain advantages to actively create high-quality and low-price products based on consumer demand. Since this year, more than 30 new energy models have been released or put on the market, and many products have received widespread public opinion. attention and consumers actively subscribe.
Regarding what other measures will be introduced in the future, and how the trade-in of consumer goods will be connected with the promotion of the development of new energy vehicles, the person in charge of the National Development and Reform Commission said that they are working hard to study and improve relevant policies and measures, focusing on promoting work in three aspects.
First, promote industry optimization and upgrading. Adhere to promoting industrial innovation through scientific and technological innovation, and guide enterprises to continue to strengthen R&D investment and technological innovation. Promote the research and development and innovation of power batteries, intelligent driving and other technologies, and improve the standardization and integration level of complete vehicles and parts. Promote the development and growth of key new energy vehicle companies, accelerate the exit of backward companies and production capacity, and promote the optimization and reorganization of new energy vehicle companies. At the same time, China will comprehensively lift restrictions on foreign investment in the manufacturing sector and welcome global automobile companies to deeply integrate into the Chinese market and industrial chain system and share the development results of new energy vehicles.
The second is to better meet consumer needs. Work with relevant departments to carry out car trade-in operations and new energy vehicles going to the countryside in 2024, continue to expand the market scale, and better meet the demand for new energy vehicles with high-quality supply. Recently, 14 departments including the Ministry of Commerce and the National Development and Reform Commission issued the "Action Plan for Promoting Trade-in of Consumer Goods", proposing to carry out trade-in of automobiles. We will cooperate with relevant departments to accelerate the implementation of action plans, adopt fiscal and taxation and other preferential policies in accordance with laws and regulations, and support qualified trade-in activities to better meet consumer demand for new energy vehicles.
The third is to speed up infrastructure construction. Strengthen the overall coordination of new energy vehicles and energy, power, infrastructure and other industries. Accelerate the construction of a high-quality charging infrastructure system, vigorously promote the construction of charging facilities in key areas such as old communities, highways, and rural areas, accelerate the construction of public charging facilities focusing on fast charging, and improve the charging guarantee capacity in highway service areas and other holidays. Promote the improvement of technical standards, strengthen safety supervision, and improve the level of charging infrastructure operation services. Implement and improve peak and valley time-of-use electricity price policies, increase land use, financing and other guarantees to provide strong support for the construction of charging infrastructure.
