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Hong Kong stock Concept tracking | The year 2025 is the inaugural year for L3 autonomous driving, and the development of the smart driving related industry chain is entering the fast lane (with associated Concept stocks).
Canalys: By 2025, the penetration rate of L2 level and above functions in the China market will reach 62%.
Market Update | Most Autos stocks rose, NIO increased by over 5%, Li Auto grew by 2%, and Trump plans measures to mitigate the impact of car tariffs.
According to market news, President Trump of the USA will announce measures on Tuesday (April 29) to mitigate the impact of auto tariffs.
Trump to Reduce Impact of Auto Tariffs, US Commerce Secretary Says
China Securities Co.,Ltd.: In March, domestic electric vehicle sales increased significantly both year-on-year and month-on-month, raising the annual sales forecast to 16.2 million vehicles.
China Securities Co.,Ltd. released a Research Report stating that in March, the domestic Electric Vehicles sales according to the China Association of Automobile Manufacturers reached 1.237 million units, with a year-on-year/ month-on-month increase of +40.1%/+38.7%; according to the Passenger Vehicle Association, the wholesale of Electric Passenger Vehicles was 1.129 million units, with a year-on-year/ month-on-month increase of +38.6%/+36.1%, a penetration rate of 46.8%, and a month-on-month decrease of -0.1%.
Earnings Preview: GAC GROUP to Report Financial Results on April 25
Cui Dongshu: From January to March, China exported 0.123 million Autos to Russia, a year-on-year decrease of 39%.
From January to March 2025, China's exports to Russia were 0.123 million vehicles, down 39%. The sales of domestic brands in Russia reached 0.157 million vehicles, representing 128% of China's exports, finally achieving a slight trend of destocking.
SoundOfMusic : The current spare production capacity of Magna is 130,000 cars per year. Xpeng could produce 65K cars, taking half of the available capacity.
How fast can it come online? 2H of 2025?
bullrider_21 OP SoundOfMusic : I have no idea.