▌ News, ▍ Wall Street bet that China’s stock market rebound will continue, FYF news, Chinese stocks launched a hot rally, ignited the confidence of Wall Street investors.
Many Wall Street investors believe that the Chinese government’s determination to support the economy can be seen in a series of positive policies this week.
Most of them believe that the rally in Chinese stocks will continue.
The CSI 300 index rose 15.
7% this week, its strongest weekly performance since November 2008.
Hong Kong’s Hang Seng China Enterprises Index rose for 11 consecutive days, the longest gain since 2018.
At a time when a series of positive policies have been announced and the market continues to be hot, the latest comments from many major Wall Street banks have added to the enthusiasm of the market and made more Wall Street traders believe in the sustainability of the rally.
Goldman Sachs said investors are increasingly feeling panic about missing out on the Chinese market, and investors seem to be increasingly concluding that the current rally “may not fade this time”.
This time is different for the Chinese stock market.
” On Tuesday alone, Goldman’s prime brokerage business recorded its largest one-day net purchases of Chinese stocks since March 2021, the second-largest net purchase of Chinese stocks in the past decade, according to Goldman Sachs.
Barclays analysts said in a report that China’s stimulus measures could increase the country’s gross domestic product (GDP) by a full percentage point within two years because they see the plan as a sign that China is now “serious about structural problems”.
Morgan Stanley estimates that the CSI 300 index still has 10% room to rise.
Eight of the 12 Wall Street investors surveyed this week believe this will be a turning point for a long-term rebound in Chinese stocks, according to a Bloomberg survey.
In addition, optimistic investors are now choosing Chinese technology stocks as their first choice, while before the rally, Wall Street preferred to choose more defensive stocks, indicating that Wall Street’s confidence in the Chinese market has increased significantly.
▍ ideal car Q1 will be first launched with Thor chip next year, and smart driving computing will enter the thousand-T era.
The first Electric reported on September 28th that the mass production model equipped with Nvidia’s latest generation of smart driving chip Thor is expected to be first released by ideal car in the first quarter of next year.
Ideal, Xiaopeng, Polar Krypton, BYD, Ji Yue and other mainframe factories have cooperated with Nvidia to develop a smart driving computing platform based on Thor.
Suppliers such as Lenovo car Computing, Desai Xiwei and Zhuowei Technologies are also developing domain controllers or smart driving solutions based on Thor, and the 700T computing version of Thor has become the configuration that passenger car mainframe manufacturers are most interested in.
With the increasing demand for computing power of smart car computing platform, the launch of Thor platform is regarded as a key turning point in the development of the industry.
Nvidia unveiled a new generation of in-vehicle computing platform “DRIVE Thor” at the GTC conference in the fall of 2022, which has an AI computing power of 2000 Tops.
Compared with the previous generation of OrinX, the performance of Thor is improved eight times.
▌ domestic, ▍ China passenger car market intelligent driving standard rate has reached 65%, the first electric September 28 news, at the 2024 World New Energy vehicle Congress, Automobile House Vice President Zhou you released the “where is China Smart car”-2024 Chinese Smart Electric vehicle user Insight report.
According to the report, the standard allocation rate of new energy and new vehicles has doubled in three years, the standard rate of intelligent cockpit has increased from 47% to 88%, and the standard rate of intelligent driving has increased from 31% to 65%.
Users pay high attention to the hardware performance and driving configuration of the intelligent cockpit, but many configurations of the intelligent cockpit have overmet the needs of users.
In terms of intelligent driving, the high-speed navigation function has become mature, while the urban navigation function is still in its infancy.
Users have a strong demand for high-level intelligent driving, and 66% of users look forward to the intelligent driving functions of L2 + and L2 smart +.
The user perception of the safe intelligent driving function is insufficient and the correct cognitive guidance is needed.
▍ Eian AION RT 24-hour pre-sale order broke 16000 units, the first electric September 28 news, Eian AION RT opened the pre-sale within 24 hours, the order volume exceeded 16000 units.
A total of 4 models have been launched, with a pre-price range of 11.
98-169800 yuan, positioning medium-sized pure electric cars, based on the AEP 3.
0 pure electric platform.
The high-end model is equipped with lidar and adopts the advanced intelligent driving technology of NDA without drawing.
Car purchase benefits include an intention payment of 99 yuan against 3000 yuan for car purchase and a replacement subsidy of up to 25000 yuan.
▍ Avita 07 20 hours after the listing of 11000 vehicles, the first electric September 28 news, 20 hours after the listing of Avita 07, Dading broke 11000 vehicles, reaching 11673.
The car is delivered on the market and is equipped with Huawei Qianqi ADS3.
0, which is the first extended range model of the Avita brand.
▍ Tesla Shanghai Super Factory exported 1 million new energy vehicles.
Shanghai Securities News reported on September 28th that on the 28th, as a batch of Model 3 was shipped from Shanghai Nangang Terminal to the UK, marking that in less than four years, a total of 1 million Chinese-made Tesla were sold to Europe, Asia-Pacific and other markets and were highly recognized by overseas markets.
At present, Tesla Shanghai Super Factory, as an important global export center and production base of Tesla, has become an important member of Chinese manufacturing “going out to sea”.
At the same time, the construction of the Tesla energy storage super factory in Shanghai Lingang is accelerating.
By the end of September, the progress of the construction of the main plant has exceeded 60%, and it is expected to be put into production in the first quarter of next year.
The plant plans to produce 10, 000 commercial energy storage batteries Megapack per year, with energy storage scale close to 40GWh, for the global market.
▍ Jiyue 07 has a range of 846km, with a success rate of 96%.
According to news from Fast Science and Technology on September 28th, Xia Yiping, CEO of Ji Yue Automobile, recently carried out the test of the long-range version of Ji Yue 07 with the media.
The test was carried out in a sunny day of 27-29 °C.
the vehicle was set to air-conditioned 24 ℃ automatic mode, strong kinetic energy recovery and comfortable driving mode, with 3 passengers in the car.
The test routes include highways, viaducts, urban ring roads and urban congested roads to simulate the real driving environment.
The results show that after high-speed 200km, urban highway ring road 201km, urban viaduct 339km and urban road 106km (10% of congested roads and 35% of congested periods), the cumulative mileage of Ji Yue 07 reaches 846km, and the success rate of CLTC is as high as 96.14%. ▍ Ledao L60 medium-sized SUV nationwide delivery, September 28th the first electric news, Ledao car’s first model L60 began to be delivered nationwide.
The Ledao L60 went on sale on September 19 and offers two models at a price of 20.69-23.59 million yuan, starting from 149900 yuan for battery rental.
The Ledao L60 is a medium-sized SUV that competes with Tesla Model Y.
It is estimated that by the end of 2025, there will be more than 2500 available exchange stations in Ledao.
▍ ideal car 4C supercharge pile launch: charging power is increased to 360kW, the time is shortened to 15 minutes, ideal car September 28th news, ideal car new generation of city 4C supercharge pile officially launched, will gradually replace the existing 2C overcharge pile.
The peak charging power of the new overcharge pile is increased from 250kW to 360kW, and the charging time is reduced from 24 minutes to 15 minutes.
The 4C super-charged pile adopts 3 kg ultra-light gun line, which supports one-hand operation, and the line length is 4.
5 meters.
The liquid-cooled double gun design is beneficial to the charging of adjacent parking spaces.
In addition, the 4C super-charging pile has the functions of taking the gun cover, one-click stop charging, plug-and-play charging, secret-free payment and other functions.
OTA 6.
3 car machine system and mobile phone App will also be upgraded at the same time.
▍ Geely Raytheon Electric Mixer has a new breakthrough: the range is super-2000km, and the fuel consumption is as low as 2L.
On September 28th, Geely Automobile Group CEO Gan Jiayue announced that the company will launch a new generation of Raytheon super electric hybrid technology this year.
The technology has an ultra-high thermal efficiency of 46 per cent, and models equipped with the technology can have a range of more than 2000 km at full fuel and electricity, with a minimum fuel consumption of 2 liters.
In addition, Geely has successfully launched the world’s first motor test bench with a rotational speed of 30000 rpm, which has high control accuracy and excellent high dynamic response capability.
it can realize full coverage test of multi-voltage platform products and environmental adaptability test of single motor on load.
▌ International ▍ US Department of Commerce predicts the impact of restrictions on software and hardware for Chinese and Russian cars the US Department of Commerce predicts that the implementation of restrictions may reduce US car sales by 25841 per year and that car prices may rise, increasing the pressure on consumers’ cost of living.
In addition, the rule could ban Chinese or Russian companies from selling $1.
5 billion to $2.
3 billion worth of car parts to the US.
The overall impact of the new rules on Chinese car exports is limited in the short term, but it will affect Chinese automakers and local US automakers, such as General Motors and Ford.
The average trading price of American cars is close to an all-time high, putting pressure on consumers.
The U.S. Commerce Department says the software ban will take effect on 2027 cars and the hardware ban on 2030 cars.
The public will have 30 days to express their views before the rules can be finalized.
Chinese Foreign Ministry spokesman Lin Jian pointed out a few days ago that the discriminatory practices of the United States violated the basic principles of the WTO, disrupted international trade and investment, and undermined the stability of the global production and supply chain, which will eventually harm the interests of the United States.
▍ OpenAI is expected to lose $5 billion this year.
OpenAI, the global leader in artificial intelligence, expects revenue of $3.
7 billion and a loss of about $5 billion this year.
According to financial documents, OpenAI’s monthly revenue reached $300 million in August, up 1700% since the beginning of 2023.
The company expects annual sales of about $3.
7 billion this year and will soar to $11.
6 billion next year.
The company expects to lose about $5 billion this year after paying costs related to operating services and other expenses such as employee salaries and office rent, according to an analysis by a financial professional who reviewed the documents.
These figures do not include equity-based compensation paid to employees and several large expenses that are not fully explained in the document.
These figures show that behind the extraordinary achievement of OpenAI, one of the fastest growing start-ups in history, lies the challenge of soaring operating costs.
▍ Google DeepMind launched its dual-arm cooperative robot system.
Engineers from Google’s DeepMind project announced the development of two new artificial intelligence (AI) robot systems.
The researchers pointed out that most manipulators operate alone when picking up and moving objects without the assistance of a second hand.
ALOHA Unleashed was developed to solve this problem, using AI technology to teach robots how to perform complex tasks with both hands, such as tying shoelaces.
The new system not only improves flexibility, but also enables the two robots to be “aware” of each other when solving problems together.
Three best-selling models of ▍ Xiaopeng launched in the Spanish market, the first Electric reported on September 28th, Xiaopeng held a launch conference in the Spanish capital Madrid, announced that its three best-selling models G9, G6, P7 officially entered the Spanish market.
This is the further expansion of Xiaopeng in the European market after Germany, France and Britain.
Xiaopeng partnered with local dealer Caetano Retail to open its first store in Madrid and plans to open new stores in other parts of Spain.
In terms of price, Xiaopeng P7 is priced at 51990 euros, Xiaopeng G6 is priced at 44990 euros, and Xiaopeng G9 is priced at 58970 euros.
▍ Naxi X is on the market in Indonesia, and 500car owners are about to experience smart electric SUV.
First Electric reported on Sept.
28th that Naxi has launched its pure electric medium-sized SUV– Naxi X in Jakarta, Indonesia, and announced that it will be delivered to the first batch of 500car owners.
This car is specially designed for young families in Indonesia and is produced by the local Naha Smart Factory.
The launch of the Naxi X shows the expansion of the car in Southeast Asia and its adaptation to the local market demand.
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