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Geely Holding Vice President Zheng Xin: The integration of the Battery Business aims for the "elimination race," with the future self-supply ratio of Geely Autos' Cells reaching 30% | Financial Exclusive Interview.
① Geely Holding Group has announced the completion of the strategic integration of its Battery Business, officially establishing a new Battery Industry Group called Ji Yao Tong Xing; ② Geely Holding Group's Vice President and CSO Zheng Xin stated that in the future, the Battery Industry will inevitably concentrate towards the leading players as competition in the Autos industry intensifies. This integration of the Battery Business is essentially aimed at helping Geely win this elimination match.
Chinese humanoid robots are seizing a global $5 trillion "big track"!
Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.
Warren Buffett's 60-Year Legacy: What to Watch for at Berkshire Hathaway Shareholders Meeting?
The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
Track the entire lifecycle of the main Sector.
Contemporary Amperex Technology and other Battery manufacturers compete with new products as the supercharging and fast charging storm approaches | New forces at the auto show.
① Battery manufacturers took center stage at the auto show, with Contemporary Amperex Technology, Sunwoda Electronic, and Eve Energy Co., Ltd. competing with new products at the Shanghai Auto Show; ② A storm of ultra-fast charging has arrived, with megawatt fast-charging products from companies like BYD, Huawei, and ZEEKR showcased at the auto show.
In the first quarter, China imported less than 0.1 million Autos, a year-on-year decrease of nearly 40%! Imports of Autos from the USA were less than 0.01 million.
① In China, the import of Autos from January to March was 0.095 million units, a year-on-year decrease of 39%, marking a significant decline in this period that is rarely seen. ② The import of vehicles from the USA fell to 8,870 units from January to March; representing a 66% year-on-year decrease, and this decline continued in March.