▌ news, ▍ yesterday Shanghai and Shenzhen trading 3.
4 trillion hit a new high, the Hang Seng Index and NASDAQ China Golden Dragon Index sudden change, the first electric comprehensive news on October 8, the A-share market volume rose, turnover exceeded 3.
4 trillion yuan, daily turnover hit an all-time high.
The Shanghai Composite Index rose more than 4 per cent, the Shenzhen Composite Index rose more than 9 per cent, the gem Index rose more than 17 per cent, and the Kechuang 50 Index rose more than 17 per cent.
In the A-share market, more than 5000 stocks rose, and nearly 800 stocks rose by the limit.
However, the situation of the Hang Seng Index changed abruptly, and the volume collapse wiped out the National Day holiday gains.
The Hang Seng Index closed down 9.
41%, the Hang Seng Technology Index closed down 12.
82%, and the State-owned Enterprises Index fell 10.17%. Meituan, Kuaishou, JD.
com and NetEase all fell by more than double digits, Baidu nearly 10%, Alibaba and Tencent more than 8%.
On the same day, the three major indexes of US stocks collectively opened higher, with the Dow up 0.
28%, the Nasdaq up 0.
52% and the S & P 500 up 0.47%. Hot Chinese stocks fell.
The Nasdaq China Golden Dragon Index fell nearly 5%, Tiger Securities fell nearly 20%, Futu Holdings fell more than 18%, bilibili fell nearly 12%, JD.
com and ideal car fell more than 9%, Baidu and Weilai fell more than 7%.
Alibaba fell more than 6%, pinduoduo fell nearly 6%.
▍ National Day eight brand orders more than 10,000, BYD more than 160000 far ahead, the first Electric Network October 8 news, the National Day 7-day short holiday ended, October 8, the first day of work, a number of car companies immediately announced the National Day order / Daiding performance.
From the current major car companies announced orders, a number of new energy brands weekly orders are a record.
BYD takes the lead in ordering more than 160000 units in 7 days, with orders / large quantities of ideal, boundary, zero run, deep blue, Xiaopeng, polar krypton, Tengli and other brands all exceed 10,000 units.
, ▍ Volkswagen CEO called for allowing Chinese electric car manufacturers to evade high tariffs by investing in the European Union.
Oliver Bloom, CEO of Volkswagen Group, said that the European Union should consider adjusting the high tariffs on Chinese-made electric vehicles to make room for investment in Europe.
, Bloom said that the potential retaliatory tariffs imposed by China on German cars could have a negative impact on Volkswagen’s cars in China and German export brands such as Audi, Porsche and Lamborghini.
Bloom told the German newspaper: “the possible punitive tariffs are particularly dangerous for the German auto industry.
” We will face major disadvantages in the Chinese market.
That is why we are clearly opposed to such new rules.
” Bloom said companies that invest and create jobs in Europe should receive concessions that could exempt up to 45% of the tariffs imposed by the European Union on Chinese electric vehicles on October 7.
In a vote on October 7th, 10 EU member states voted in favor of raising tariffs, while Germany and four other countries voted against it.
12 countries abstained and finally passed a resolution to raise tariffs.
▌ in China, ▍ Anjin, former chairman of Anhui Jianghuai Automobile, was expelled from the party for serious violations of discipline and law.
On October 8th, Anhui discipline Inspection and Supervision Network released news that Anjin, former party committee secretary and chairman of Anhui Jianghuai Automobile Group holding Co., Ltd., was expelled from the party for serious violations of discipline and law.
With the approval of the Anhui Provincial CPC Committee, Amgen’s problems were put on file for examination and investigation.
The survey results show that Amgen’s political beliefs have collapsed, ideals and beliefs have been lost, and there are a number of violations of discipline and law, including illegal acceptance of gifts, extravagant living, power and money transactions, and so on.
His behavior seriously violated the discipline of the Party and was suspected of accepting bribes.
According to relevant regulations, Amgen was expelled from the party, treatment was cancelled, illegal gains from violations of discipline were collected, and suspected crimes were transferred to procuratorial organs for examination and prosecution in accordance with the law.
Born in 1957, Anjin was the chairman of Anhui Jianghuai Automobile Group Co., Ltd., and retired in April 2021.
The survey began in April 2024 and lasted about half a year.
▍ Guangzhou Auto Toyota’s September sales soared 12%.
Fast Technology reported on October 8 that Guangzhou Auto Toyota released its sales figures for September 2024, totaling 70567 vehicles, up 12% from a year earlier.
Of this total, Sena sold 9308 vehicles, Camry 16644 and Hanlanda 6988.
To celebrate its 20th anniversary, GAC and Toyota launched a series of preferential activities, including 15000 yuan for the 20th birthday gift, 5000 yuan for the limited time welfare allowance for the National Day, 15000 yuan for the exchange of oil and electricity rights, and 10000 yuan for local replacement subsidies.
Consumers can enjoy a discount of up to 45000 yuan when they buy a car in October.
▍ zero-running car sales may reach 38000 units in October.
Zhu Jiangming is looking forward to the annual sales target of 4 million units.
Fast Technology news on October 8, zero-running car CEO Zhu Jiangming revealed in an internal speech that the company’s October sales are expected to reach 38,000 units, a new record.
He pointed out that the sales structure of zero-running cars will change significantly, with 21% of sales coming from zero-running T03 and the rest from zero-running C-series models.
Zhu Jiangming stressed that the goal of monthly sales of zero-running cars is to double in the next few years, from the current more than 30, 000 to 300000, in order to achieve the goal of annual sales of 4 million, which is the threshold for becoming one of the top 10 world-class electric car companies.
He also mentioned that during the National Day holiday, orders for zero-running cars were very optimistic, reaching 17397 in seven days, of which 3576 were ordered per day on October 7.
According to the data released by Zero Auto, the delivery volume in September was 33767, an increase of 113.
7% over the same period last year, and a total of 172861 units were delivered in the first three quarters, an increase of 94.
6% over the same period last year, faster than that of other domestic car companies.
▍ BYD launched its second Changzhou Fleet.
Fast Science and Technology reported on October 8 that BYD’s “Sea Fleet” had added new members, and its “BYD CHANGZHOU” car transport ship was successfully launched in Yantai, Shandong Province.
This is the second ship of BYD’s self-built fleet and the second car transport ship named after the Hefei vehicle base.
Since BYD Changzhou plant was put into production in 2019, it mainly produces ocean net model Seal and Dynasty net model Yuan plus, and it is also the main production place of overseas version ATTO 3, which undertakes the important task of export.
BYD plans to build up to 10 ro-ro ships at Shandong Yantai and Guangzhou shipyards to enhance its car export capacity.
In August, BYD exported 30451 new energy vehicles, which are expected to hit another record high with the delivery of new ships.
▍ BMW resumes its price reduction strategy in China to cope with the decline in sales.
BMW’s China market strategy made another major adjustment in September, rejoining the price war to cope with the challenge of declining sales, according to a cable flash on October 8.
BMW was the first to withdraw from the price war in July but sold in China in AugustVolume fell 42% from a year earlier, forcing it to restart its price reduction strategy in September.
BMW dealers in Beijing have slashed prices for a number of models, including iX1 and i3, as well as naked car prices for entry-level models such as the flagship pure electric model i7.
The pressure on BMW is not limited to the Chinese market.
BMW cut its guidance for fiscal 2024 due to technical problems and weak demand in major Asian markets.
In addition, the recall of 1.
5 million cars worldwide has also added to the company’s financial burden.
Although BMW’s price reduction may boost sales in the short term, in the long run, how to maintain brand value and competitiveness in the fierce market competition is a problem that BMW needs to solve.
▍ Lantu bosom friend pure electric SUV went on sale on October 13th, with a range up to 901km, the first electric on October 8th news, Lantu car announced that the new pure electric medium-sized SUV– Lantu bosom friend will be listed on October 13th.
The pre-price range is 20.
99-266900 yuan, based on the ESSA intelligent electric architecture and the global 800V silicon carbide platform.
In design, Lantu bosom friend combines family elements, such as through daytime driving lights and glowing logo, and the side of the body is inspired by pebbles.
Body size is 4725/1900/1636mm, wheelbase 2900mm.
, ▍ Foxconn unveiled electric MPV Model D, fast technology news on October 8, Foxconn, Foxconn and Yulong automobile joint venture Honghua advanced company showed the new electric MPV Model D.
Designed by Binnifarina and manufactured by Honghua Advanced, the Model D is hailed by Foxconn as a revolutionary electric multi-purpose vehicle.
The appearance of the vehicle is hard, the lines are horizontal and vertical, the closed front face and the tail light group are exaggerated.
Equipped with independent LCD dashboard in the car, the central control and entertainment screen are integrated, and the shape of the armrest is novel.
The car is 5.
13m long and 1.
99m wide.
It has a six-seat version and a wind resistance coefficient 0.23Cd. The vehicle platform is developed by the ZF chassis module and is 50 per cent owned by Foxconn.
The six-seat armchair is equipped with iPhone charging pads and the front seat backrest has an iPad interface.
The new car carries a 100-120kWh lithium iron phosphate battery and has a range of more than 410 miles under WLTP conditions.
Model D is scheduled for mass production within 2 years and will be authorized to operate and sell to other companies, and design adjustments may be made according to demand.
Hon Hai has previously released a number of models, but has not yet officially sold them.
▍ Wuling Electric K-Car was unveiled as a new choice for home and commercial use.
According to news from Fast Technology on October 8th, Wuling Motor is about to launch a small electric car similar to Japan’s K-Car.
Spy photos of the new car have been circulated on the Internet, and its design focuses on practicality and flexibility, making it suitable for driving on narrow city streets.
The new car has a round and lovely appearance and is equipped with side sliding doors to facilitate getting on and off, although the rear design is more common.
The success of small trams such as Wuling Hongguang MINI and colourful fruit has accumulated rich experience for Wuling in this field.
Although some people question whether domestic users really need K-Car, the new Wuling car is expected to attract family users.
The future of this car needs to be tested by the market.
▌ International, ▍ Tesla Model 3 long-range version listed in the UK, range to 701km, the first electric news on October 8th, Tesla launched a new Model 3 long-range version in the UK, the WLTP range increased to 436mph (about 701km), the price is 44990 pounds (about 414900 yuan), delivery is expected to start in November.
The new long-lasting version is no different from cash in appearance and interior, but its energy consumption and battery life are optimized, and its energy efficiency reaches 4.
96mp/kWh, making it the most efficient model in Tesla’s history.
In China, Tesla sells three models, including the standard afterdrive version, the long-range all-wheel drive version and the high-performance all-wheel drive version, which are priced at 231900 yuan, 271900 yuan and 335900 yuan respectively, with a range of 606km, 713km and 623km respectively.
▍ Volkswagen Group launched the sensor data program to improve self-driving safety.
On October 8th, according to foreign media reports, Volkswagen Group is committed to improving the traffic safety of road users, and plans to optimize the driver assistance system and self-driving function through the road traffic image data provided by sensors and user vehicles.
Volkswagen will launch the program in Germany from the fourth quarter of 2024, initially involving Volkswagen passenger cars and Audi-branded models.
The group’s fleet has generated high-resolution maps through anonymous group data to help vehicles guide lanes and provide accurate driving instructions.
Developers will use these real traffic data to make the driving assistance system more accurate, stable and safe.
▍ Mercedes-Benz VAN.
EA platform unveiled: a new era of electric commercial vans, IT House reported on Oct.
8, Mercedes-Benz showed off photos of its VAN.
EA platform prototype. VAN.EA is an electric architecture designed by Mercedes-Benz for the next generation of commercial vans, highlighting modularity, flexibility and scalability.
The platform’s electric system increases the voltage from 400V to 800V and supports AC charging for 22kW.
Mercedes-Benz plans to achieve Level 3 or Level 4 autopilot by 2030.
The VAN.
EA platform will also introduce the MB.
OS operating system to replace the existing MBUX system.
The next generation of Vito and V-Class vans, which are expected to launch in 2026, will be fully electric, with prototypes nearing mass production, with new body designs, including new headlights and embedded door handles, with a more straight front face, rearview mirrors moved to the doors and rear doors adjusted.
▍ Tesla Cybertruck was frequently recalled, and the refusal by the insurance company caused dissatisfaction among car owners.
Fast Technology reported on October 8 that Tesla Cybertruck has been recalled five times in less than a year since it was officially delivered on December 1 last year, causing some insurance companies to have doubts about its reliability.
A car owner received a refusal letter from GEICO Insurance saying that the 2024 Cybertruck did not meet the underwriting standards.
The car owner is dissatisfied with this and plans to cancel the GEICO policy and look for other insurers.
Another car owner was also refused insurance by GEICO a few months after picking up his car in New York, and he was refused to try more than five insurance brokers.
Other car owners also encounter similar problems, some cancel orders, and some even find insurance, the monthly premium is also higher than the monthly payment of car loans.
Tesla Cybertruck delivery less than a year, has been recalled several times, causing insurance companies to worry about its reliability.
Car owners face problems such as refusal of insurance and high premiums, and some even cancel orders as a result.
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