Chinese EV Sales Rallied in June on Policy, Price Cuts

Dow Jones07-02

Warren Buffett-backed BYD, NIO, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year rise in vehicles delivered in June. "Chinese EV Sales Rallied in June on Policy, Price Cuts," at 1019 GMT, misspelled Warren Buffett's last name.

(END) Dow Jones Newswires

July 02, 2024 07:25 ET (11:25 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2448398091?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-02 18:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2448398091","market":"hk","top_or_hot":-1,"title":"Chinese EV Sales Rallied in June on Policy, Price Cuts","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  Warren Buffett-backed BYD, NIO, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year rise in vehicles delivered in June. \"Chinese EV Sales Rallied in June on Policy, Price Cuts,\" at 1019 GMT, misspelled Warren Buffett's last name. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2024 07:25 ET (11:25 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese EV Sales Rallied in June on Policy, Price Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Sales Rallied in June on Policy, Price Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-02 18:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett-backed BYD, NIO, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZK","symbol_name":"极氪","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2448398091","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2448398091","pubTimestamp":1719915540,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Chinese electric vehicle makers had robust sales in June, helped by government subsidies, tax breaks and steep discounts that brought buyers back into showrooms after a sluggish start to the year.Warren Buffet-backed BYD, Nio, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year rise in vehicles delivered in June. XPeng and Seres both posted higher on-year and on-month sales.BYD's sales of 145,179 all-electric vehicles in the final month of the second quarter, which came alongside sales of 195,032 plug-in hybrids, gives it an outside shot of recapturing the quarterly crown for biggest global seller of all-electric vehicles from Tesla. BYD's quarterly all-electric sales totalled more than 426,000, while a FactSet-compiled forecast of analysts' estimates put Tesla deliveries at around 435,000.\"With an aggressive target but a tough start to 2024, we believe Li Auto has reacte","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"601127":"赛力斯","ZK":"极氪","XPEV":"小鹏汽车","LI":"理想汽车","01211":"比亚迪股份","TSLA":"特斯拉","NIO":"蔚来","002594":"比亚迪","GELYY":"吉利汽车ADR","00175":"吉利汽车"},"translate_title":"受政策和降价影响，6月份中国电动汽车销量反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601127":0.9,"00175":0.9,"002594":0.9,"01211":0.9,"GELYY":0.9,"XPEV":0.9,"ZK":0.9,"LI":0.3,"NIO":0.3,"TSLA":0.3},"content_text":"Warren Buffett-backed BYD, NIO, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year rise in vehicles delivered in June. \"Chinese EV Sales Rallied in June on Policy, Price Cuts,\" at 1019 GMT, misspelled Warren Buffett's last name. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2024 07:25 ET (11:25 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"viewpoints","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2448398091"}