Smart Cars

06:54

                            The "strictest battery safety order in history" will be implemented, shifting from "energy density is king" to "safety performance first"
                        
                            The "Safety Requirements for Power Batteries for Electric Vehicles", which is called the "strictest battery safety order in history" by the industry, was recently released and will be implemented in July 2026. For the first time, the "no fire and no explosion" after thermal runaway of power batteries will be included in the mandatory standards, pushing the industry from "endurance competition" to "safety competition". Against this background, leading battery companies such as CATL, BYD, and Xinwanda took the lead in launching products that meet the new national standards to seize the high ground of safety technology. This safety revolution without fire and explosion will not only raise the industry's entry threshold and accelerate the clearance of low-end production capacity, but will also drive market resources to the top and reshape the industry's competitive landscape. The consensus in the industry is that at a time when safety has become a core competitiveness, companies that truly focus on research and development and quality will gain greater room for development.
                        
06:53

                            Intensive official announcements, many listed companies disclosed repurchase plans
                        
                            On the evening of June 17, many listed companies intensively announced repurchase plans or repurchase progress. On the occasion of the first anniversary of the release of the "Eight Articles of the Science and Technology Innovation Board", listed companies continued to deepen the "quality improvement, efficiency increase and return" action. Eight companies on the Science and Technology Innovation Board, including Guangda Special Materials, Huahai Qingke, and Chengda Bio, successively issued announcements on the evening of the 17th that the chairman proposed to repurchase shares. Since the beginning of this year, listed companies have continuously increased their repurchase efforts to effectively safeguard the rights and interests of shareholders. According to incomplete statistics from reporters, listed companies have implemented a total of 71.71 billion yuan in repurchases this year. Among them, 9 companies including Kweichow Moutai, Xugong Machinery, Muyuan Shares, and CATL have repurchased more than 1 billion yuan. The upper limit of the repurchase and increase of loans for listed companies has reached 131.785 billion yuan, providing sufficient financial support for listed companies to implement increased holdings and repurchases.
                        
04:01

                            U.S. stocks opened lower and fell, and the three major indexes closed lower
                        
                            U.S. stocks opened lower and fell throughout the day, with the three major indexes collectively closing lower. The Nasdaq fell 0.91%, the S&P 500 fell 0.84%, and the Dow fell 0.7%. Large technology stocks fell across the board, with Tesla falling nearly 4%.
                        
00:21

                            Goldman Sachs: Upgrades NIO's rating from sell to neutral
                        
                            Goldman Sachs: Upgraded NIO's rating from sell to neutral.
                        
22:52

                            Tesla (TSLA.O) shares fell 1.5%.
                        
22:23

                            According to Business Insider: Tesla plans to stop production of Model Y and CyberTuck during the week of July 4.
                        
17:16

                            Ideal Auto responds to Meituan CEO Wang Xing's reduction of company shares: It is a personal act and does not involve Meituan's shareholding
                        
                            According to the Hong Kong Stock Exchange's equity disclosure information, from June 10 to June 13, Meituan CEO Wang Xing sold a total of 5.737 million shares of Ideal Auto, cashing out a total of more than HK$600 million, and his shareholding ratio dropped from 20.94% to 20.61%. In this regard, Ideal Auto told reporters: "Recently, Wang Xing sold stocks during the window period. The specific number of shares is subject to the DI form (disclosure of equity form) filed by Wang Xing. This stock transaction is a personal behavior, and the transaction accounts for a very small proportion of his total shareholding, and does not involve Meituan's shareholding. The specific shareholding information will be based on the company's annual report after it is issued."
                        
15:58

                            Li Auto (02015.HK): June 9-15, Li Auto’s weekly sales volume was 7,900 vehicles.
                        
14:04

                            FF: A new round of executive stock purchases officially takes effect
                        
                            Faraday Future announced that several of its executives have signed the 10b5-1 executive stock purchase plan, marking the official entry into force of a new round of executive stock purchases. According to the compliance regulations of the U.S. Securities and Exchange Commission, the plan will have a cooling-off period of 45 or 90 days. After the cooling-off period, the broker will automatically execute the stock purchase at a specific time and amount according to the preset plan. Participants in this increase include FF CFO, FX CEO, and Dr. Gu Lei, director of FF Global EV R&D Institute.
                        
13:25

                            Faraday Future (FFIE.O) announced that new senior executives have joined its 10b5-1 stock purchase plan.
                        
06:24

                            Policies and technologies ensure the safety of automobile data going abroad
                        
                            As my country's autonomous driving companies accelerate their overseas expansion, the issue of automobile data going abroad has attracted attention. Recently, the "Guidelines for the Security of Automobile Data Going Abroad (2025 Edition) (Draft for Comments)" drafted by the Ministry of Industry and Information Technology and other eight departments was released and publicly solicited for comments. The "Guidelines" proposes a variety of situations in which data outbound security assessments must be reported, and driving automation scenarios are one of them. For specific scenarios, the "Guidelines" further clarify the important data types and judgment criteria for data outbound security assessments that need to be reported. Industry insiders said that the important data of autonomous driving companies includes three categories: vehicle operating status data, road environment and personnel data, and privacy data of people in the car. In addition to constraints through policies and standards, companies must also establish a data security management system and can use technical means to conduct full-chain control, such as establishing a data cross-border flow risk warning system to identify and assess risks in a timely manner.
                        
23:47

                            China FAW Flying Car Headquarters Project Officially Settled in Shenzhen Dapeng New District
                        
                            On June 13, the signing ceremony of the China FAW Flying Car Industry Innovation and Development Cooperation Framework Agreement was held in Shenzhen, and the China FAW Flying Car Headquarters Project was officially settled in Shenzhen Dapeng New District. According to the framework agreement, China FAW and Shenzhen Municipal Bureau of Industry and Information Technology (Municipal New Energy Vehicle Industry Office), Shenzhen Municipal Transportation Bureau, and Shenzhen Dapeng New District Management Committee will focus on the research and development, production and market expansion of flying car complete machines, and carry out all-round and in-depth cooperation in the fields of technical research, scene implementation, and ecological construction.
                        
21:32

                            Popular Chinese stocks listed in the U.S. stock market all rose, with Beike (BEKE.N) up 4.8%, Bilibili (BILI.O) up 5.8%, and Xpeng Motors (XPEV.N) up 3.4%.
                        
18:47

                            Yiwei Lithium Energy: Plans to continue reducing its stake in Smoore International by 3.5%
                        
                            EVE Energy announced that its wholly-owned subsidiary EVE BATTERY INVESTMENT LTD. holds 30.73% of Smoore International's shares. In order to enhance market value management, the company plans to renew its previous reduction plan and authorize the chairman to reduce no more than 3.5% of Smoore International's shares, approximately 216,578,500 shares, through block trading, centralized bidding transactions, etc. within one year. This reduction plan does not constitute a related-party transaction or major asset reorganization and does not need to be submitted to the shareholders' meeting for approval.
                        
18:32

                            Desay SV: Collaboration with Chery Automobile and Haobo to promote the implementation of intelligent driving technology
                        
                            Desay SV said on the interactive platform that the company has reached relevant cooperation with Chery Automobile to jointly develop a cockpit-driver integrated central computing platform. The platform is built on the company's independently developed intelligent central computing platform ICPS01E, using an innovative single-chip multi-domain fusion solution, becoming the industry's first mass-produced cockpit-driver integrated SOC product, marking a major breakthrough in the company's core technology field of intelligent driving. At the same time, the company has signed a strategic cooperation agreement with Haobo to jointly develop a new generation of cockpit-driver integrated and even central computing platforms based on a new generation of high-computing chips to accelerate the implementation of L4 high-level autonomous driving software and hardware system requirements.
                        
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Weekly Highlights

                                    Air India flight returns after takeoff due to technical issues
                            2025-06-16

                                    Southbound funds made a large net purchase of 5.743 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), China Construction Bank and Meituan-W received net purchases of HK$1.108 billion and HK$493 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$1.489 billion; in terms of Hong Kong Stock Connect (Shenzhen), Meituan-W and Kangfang Biopharma received net purchases of HK$622 million and HK$206 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$391 million.
                            2025-06-16

                                    Arm (ARM.O): We are better than Nvidia on a wider range of platforms.
                            2025-06-12

                                    Lei Jun: Xiaomi Yu7 will be released at the end of June
                            2025-06-16

                                    Putin: Russia will create unmanned system forces as a separate branch of the military
                            2025-06-13