ChinaAMC CSI All Share Consumer Discretionary ETF(562580.SH)

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ChinaAMC CSI All Share Consumer Discretionary ETF
562580.SH
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Ford is in talks with BYD to purchase batteries, with plans including "transporting to factories outside the United States."

According to reports, Ford is in deep discussions to procure batteries from BYD for some of its hybrid models. The proposals being explored by both parties include shipping the batteries to Ford's factories outside the United States, but the deal has not yet been finalized. As Ford reduces its pure electric vehicle business and increases its investment in hybrid models, the company urgently needs high-quality battery suppliers, and BYD has mature manufacturing capabilities in this field

Wallstreetcn·
US
F
-1.52%
US
BYDDY
-1.09%
US
BYDDF
-1.63%
Wallstreetcn·
US
F
-1.52%
US
BYDDY
-1.09%
US
BYDDF
-1.63%

Volkswagen drops to third in China sales as fast-growing Geely Auto overtakes

Volkswagen has dropped to third place in China sales, overtaken by Geely Auto and trailing BYD. The company's market share fell to 10.9% from 12.2% in 2024, while Geely's share rose to 11%. Volkswagen is ramping up incentives and partnerships to compete with local rivals, focusing on electric vehicles and developing in-house technology. The shift in market dynamics reflects a broader trend of foreign automakers losing ground to Chinese companies, particularly in the budget car segment, which constitutes over 50% of new passenger vehicle sales in China.

Reuters·
US
VWAPY
-1.27%
US
GELYY
0.00%
HK
00175
-0.75%
Reuters·
US
VWAPY
-1.27%
US
GELYY
0.00%
HK
00175
-0.75%

China begins seeking public input on national standard for EV solid-state battery

China has initiated a public feedback process for its first national standard on solid-state batteries for electric vehicles (EVs), marking a significant step towards large-scale commercialization. The standard categorizes batteries into liquid, hybrid solid-liquid, and solid-state types, and aims to unify technical standards and resolve conceptual confusion. The public comment period ends on February 28, 2026. Major manufacturers like CATL and BYD are targeting vehicle integration of all-solid-state batteries by 2027, although challenges remain for large-scale production.

CnEVPost·
US
BYDDF
-1.63%
HK
01211
+0.10%
US
BYDDY
-1.09%
CnEVPost·
US
BYDDF
-1.63%
HK
01211
+0.10%
US
BYDDY
-1.09%

BYD Thailand plant reaches 70,000th car production milestone

BYD's Thailand plant, its first wholly-owned overseas passenger vehicle manufacturing facility, has produced its 70,000th vehicle, a Sealion 06 SUV, 16 months after commencing operations in July 2024. The plant, with an annual capacity of 150,000 cars, serves both local and export markets. Over 92% of its workforce are Thai nationals. BYD sold 480,186 NEVs in November and exported a record 131,935 NEVs, marking a 325.91% year-on-year increase.

CnEVPost·
US
BYDDY
-1.09%
US
BYDDF
-1.63%
SZ
002594
+0.20%
CnEVPost·
US
BYDDY
-1.09%
US
BYDDF
-1.63%
SZ
002594
+0.20%

SPECIAL REPORT-China floods the world with gasoline cars it can't sell at home

Chinese automakers are exporting gasoline cars globally due to a domestic shift towards electric vehicles (EVs). State-owned companies like SAIC and Dongfeng lead this export surge, targeting emerging markets. This strategy is driven by Chinese industrial policies that have favored EVs, impacting both foreign and domestic automakers. As a result, China has become the world's largest auto-exporting nation by volume, with gasoline vehicles comprising a significant portion of exports. The move reflects China's broader industrial goals and the challenges faced by foreign automakers in adapting to these changes.

Reuters·
US
BYDDF
-1.63%
SZ
002594
+0.20%
US
BYDDY
-1.09%
Reuters·
US
BYDDF
-1.63%
SZ
002594
+0.20%
US
BYDDY
-1.09%
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