Grain Ronghui on November 11th | XPeng Motors rose by 4.35%, NIO rose by 3%, and Li Auto rose by 1.57%. In terms of news, the China Association of Automobile Manufacturers released data showing that in October, the production and sales of new energy vehicles reached 1.463 million and 1.43 million respectively, with year-on-year growth of 48% and 49.6% respectively. The sales of new energy vehicles accounted for 46.8% of the total sales of new vehicles. Bocom Intl believes that the penetration rate of new energy vehicles in October was 52.9%, maintaining above 50% for the fourth consecutive month. The bank expects that the passenger vehicle market will continue to show strong year-on-year growth momentum in retail sales in November and December. (Grain Ronghui)
美股异动丨中概新能源车盘前普涨 中国10月新能源汽车销量同增49.6%
U.S. stock market anomaly: Chinese new energy vehicle sector generally rises before market opens, with China's new energy vehicle sales in October increasing by 49.6% year-on-year.
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