On January 8, Gelonghui reported that Xiaopeng Autos (XPEV.US) fell 2.26% in pre-market trading, priced at $12.57. The stock surged 9.45% yesterday, closing at $12.86. Regarding news, Citigroup released a research report indicating that as we enter 2025, to alleviate the impact of subsidy expirations, several auto companies have announced various car purchase incentive measures, including providing cash or charging credit subsidies for buyers who do not qualify for trade-in subsidies, as well as offering interest-free loans, insurance discounts, and cash rebates. Citigroup believes that the series of measures launched by auto companies aim to cope with the sales off-season in early 2025, but they expect these measures to have a negative impact on first-quarter profits this year. (Gelonghui)