E Fund Shenzhen 50 ETF(159150.SZ)

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159150.SZ
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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
-0.22%
US
BYDDY
+3.55%
US
BYDDF
+3.69%
Wallstreetcn·
US
F
-0.22%
US
BYDDY
+3.55%
US
BYDDF
+3.69%

China’s CATL, Nio deepen partnership to develop EV batteries with longer lifespans

Contemporary Amperex Technology Ltd (CATL) has strengthened its partnership with Nio to develop electric vehicle (EV) batteries with longer lifespans. The five-year agreement aims to address the costly issue of battery replacements for millions of EV users in China. Nio's CEO, William Li, highlighted the urgency of this development, predicting significant costs for battery replacements after 2032. Despite challenges in the EV market, Li remains optimistic about profitability for major players. Nio recently celebrated its 1 millionth car production milestone and continues to collaborate with CATL on battery swap technology.

南华早报·
SZ
300750
-0.40%
南华早报·
SZ
300750
-0.40%

BYD, Chery And More: Chinese EV Exports Rose 87% In November As Companies Ramp Up Global Expansion

Chinese EV exports surged 87% in November, totaling 199,836 vehicles, driven by significant growth in markets like Mexico (2,367% YoY) and Europe (63% YoY). Major players like BYD and Chery are leading this expansion, with BYD achieving triple-digit growth in overseas sales. Xpeng is also expanding into Europe and Asia, while Stellantis-backed Leapmotor raised over $530 million for future growth. New regulations on EV power consumption will take effect next year in China.

benzinga_article·
SZ
002594
+0.20%
US
BYDDF
+3.69%
US
BYDDY
+3.55%
benzinga_article·
SZ
002594
+0.20%
US
BYDDF
+3.69%
US
BYDDY
+3.55%

Demand for China's lithium batteries will slump in early 2026, car association head says

Demand for China's lithium batteries is expected to slump in early 2026 due to a decline in domestic EV sales and slowing exports, according to Cui Dongshu, secretary general of China's passenger car association. Battery makers like CATL and EVE Energy may be affected. Green passenger vehicle sales could drop by 30% early next year as tax incentives phase out. Exports to the EU rose slightly, but U.S.-bound exports fell, indicating challenges despite rising energy storage demand in the U.S.

Reuters·
SZ
300750
-0.40%
Reuters·
SZ
300750
-0.40%

New car sales in Europe rise for fifth month helped by EVs

New car sales in Europe increased for the fifth consecutive month in November, driven by a rise in EV registrations, particularly in Germany, Italy, and Spain. Battery electric vehicles reached significant market shares in the EU, UK, and Norway. Despite challenges like competition from China and US tariffs, EVs are seen as the future. Total EU car sales rose 2.1%, with electric and hybrid vehicles making up 65.6% of registrations. However, overall volumes remain below pre-pandemic levels, according to ACEA.

Reuters·
US
BYDDY
+3.55%
US
BYDDF
+3.69%
SZ
002594
+0.20%
Reuters·
US
BYDDY
+3.55%
US
BYDDF
+3.69%
SZ
002594
+0.20%
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