B[Chery Automobile, BYD, SAIC, etc. are all stepping up research and development to speed up the "onboarding" of solid-state batteries.] On October 13, the solid-state battery research and development process of many Chinese car companies is accelerating. On October 12, the relevant person in charge of Chery Automobile confirmed to a reporter from the Shanghai Securities News that the solid-state battery research and development of the company’s battery division is progressing steadily. On October 8, Chery Automobile released a number of solid-state battery equipment procurement projects in 2026, covering core aspects such as solid-state battery research and development, preparation, and testing. Not only Chery Automobile, the reporter learned from interviews that mainstream domestic car companies with new energy businesses such as BYD, SAIC, and Dongfeng Motor have recently stepped up their research and development of solid-state batteries. Industry experts told reporters that the "incorporation" of solid-state batteries into vehicles is one of the main development directions of new energy vehicles in the world and is also a "must be fought for by military strategists." As competition in the new energy vehicle industry escalates, it is foreseeable that major Chinese car companies will launch their own solid-state battery models in the future. At the same time, domestic battery industry chain companies will usher in new industry opportunities. (Shanghai Securities News) B[Passenger Alliance Branch: 558,000 new energy passenger vehicles were exported in September, a year-on-year increase of 163.5%] On October 12, data from the Passenger Alliance Branch showed that 558,000 new energy passenger vehicles were exported in September, a year-on-year increase of 163.5%, and a month-on-month increase of 7.7%. Accounting for 60.8% of passenger car exports, an increase of 21 percentage points from the same period last year; among which pure electric vehicles accounted for 60.5% of new energy exports (66.2% in the same period last year), and the A00+A0 class pure electric vehicles as the core focus accounted for 57.9% of pure electric exports (49% in the same period last year). As the scale advantages of China's new energy vehicles emerge and market demand expands, more and more new energy brand products made in China are going abroad, and their recognition overseas continues to increase. Among them, plug-in hybrids in the narrow sense accounted for 34.2% of new energy exports (31.4% in the same period last year), and extended-range plug-in hybrids accounted for 5.3% of new energy exports (2.4% in the same period last year). Although there has been some interference from external countries recently, the number of developing countries that have independent narrow-sense plug-in hybrid exports is growing rapidly and the prospects are bright. The outstanding companies in new energy exports in September were: BYD Auto (175,877 units), Chery Automobile (85,990 units), Geely Automobile (72,893 units), Tesla China (30,529 units), SAIC Passenger Cars ( 29,552 vehicles), Changan Automobile (29,325 vehicles), Leap Motors (27,454 vehicles), SAIC-GM-Wuling (16,543 vehicles), Dongfeng Motor (10,282 vehicles), and Xpeng Motors (10,055 vehicles). A[BYD sold 463,600 new energy vehicles in September, a year-on-year increase of 16.99%] October 1,
On October 1, BYD announced that the company sold 463,600 new energy vehicles in September, compared with 396,300 vehicles in the same period last year; the cumulative sales from January to September this year were 3.1316 million vehicles, a year-on-year decrease of 3.94%. Among them, the sales of pure electric vehicles in September were 273,100 units, a year-on-year increase of 33.21%; the sales of plug-in hybrid vehicles were 183,600 units, a year-on-year decrease of 2.36%. In September, 180,700 new energy vehicles were exported. B[BYD: Overseas sales of 188,746 passenger cars and pickup trucks in August 2026 A year-on-year increase of 134.6%] On September 20, BYD stated at an investor relations event that in August 2026, the company sold 188,746 passenger cars and pickup trucks overseas, a year-on-year increase of 134.6%; 2026 Cumulative overseas sales from January to August this year were 1,157,954 vehicles; factories in Uzbekistan, Thailand, Brazil and other places have been put into operation, and eight ro-ro ships of its own seagoing fleet have been put into operation, continuing to strengthen global delivery efficiency and supply chain resilience. B[BYD Auto Industry Co., Ltd. and BYD Auto Co., Ltd. recall some domestically produced cars] On September 18, BYD Auto Industry Co., Ltd. and BYD Auto Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Recall Management of Defective Automobile Products" and the "Implementation Measures of the Regulations on the Recall Management of Defective Automobile Products". 1. BYD Automobile Industry Co., Ltd.: From now on, a total of 58,026 Tang series cars produced between March 28, 2015 and December 21, 2018 will be recalled; from May 19, 2018 to 2022 A total of 77,846 new-generation Tang DM series cars were produced between January 14 and 7,023 new-generation Tang EV series cars were produced between December 27, 2018 and October 25, 2021. 2. BYD Automobile Co., Ltd.: Starting from now, a total of 40,316 Qin series vehicles produced between June 27, 2014 and June 9, 2019 will be recalled. For some vehicles within the scope of this recall, due to manufacturing problems, the material of the brake pedal limit pad is abnormal. After long-term use, the limit pad may crack and break. In extreme cases, the limit pad falls off, causing the brake light to stay on when the brake pedal is not depressed, sending an incorrect signal to the rear, posing a safety hazard. B[Solid-state battery concept strengthened in early trading, Jin Longyu hit the daily limit] On September 15th, the solid-state battery concept strengthened in early trading, Jin Longyu hit the daily limit, and Shanghai Xiba, Honggong Technology, Lingge Technology, Nakonol, Jinyinhe, etc. followed suit. In terms of news, BYD Executive Vice President Li Ke said in an interview recently that BYD plans to launch models equipped with solid-state batteries in 2027. It has continued to promote the research and development of solid-state batteries and plans to promote the implementation of the technology through vehicle models. A[September 15 morning news selection]
1. U.S. President Trump criticized Anthropic’s call to slow down the development of artificial intelligence, saying that there is no need to set up safety guardrails for AI.
2. Microsoft researchers issued new guidelines to set limits on the development of cutting-edge AI models. House Speaker Johnson is open to regulating artificial intelligence and said Trump would convene a meeting with AI company executives as soon as this week.
3. Driven by inflation concerns and other factors, the U.S. 10-year Treasury bond yield rose above 5% for the first time since 2023. Major Wall Street banks generally believe that the Federal Reserve will raise interest rates this week, and Goldman Sachs has raised its forecast for the 10-year U.S. Treasury yield at the end of the year to 4.75%.
4. Data released by the central bank on the 14th showed that at the end of August, the balance of broad money (M2) was 356.81 trillion yuan, a year-on-year increase of 7.5%. The cumulative increase in social financing in the first eight months was 23.91 trillion yuan, 2.64 trillion yuan less than the same period last year. RMB loans increased by 10.44 trillion yuan in the first eight months, and RMB deposits increased by 18.99 trillion yuan in the first eight months.
5. The central bank announced that it will launch a 500 billion yuan buyout reverse repurchase operation on September 15 with a period of 6 months.
6. Li Ke, executive vice president of BYD, said in a recent interview that fuel vehicles have no future in China. She also revealed that BYD plans to launch models equipped with solid-state batteries in 2027.
7. Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, chaired a symposium on industrial economic operations in some provinces in Beijing. The meeting emphasized the need to accelerate industrial upgrading, promote the smooth continuity of new and old driving forces, actively cultivate new industries and new tracks, and accelerate the development and empowering applications of the artificial intelligence industry.
8. Zhou Weijun, director of the Credit Supervision Department of the State Administration for Market Regulation, stated on the 14th that behaviors such as extending the account period in disguise will be severely punished in accordance with laws and regulations.
9. According to estimates, in the first eight months of this year, the proportion of bond and stock financing in the increase in social financing rose to 50.31%, exceeding the proportion of loans and nearly 20 percentage points higher than the same period five years ago.
10. Eight departments including the Ministry of Commerce issued the "Action Plan for Promoting Smart Home Consumption". It pointed out that the supply of high-quality smart homes should be expanded; local governments should be supported to independently and reasonably determine smart home product subsidy categories and subsidy standards based on actual conditions, and coordinate and support the purchase of new smart home products for the whole house.
11. Guangzhou Automobile Group announced that it planned to issue shares to purchase part of the equity of a vehicle joint venture held by FAW Co., Ltd., and the stock was suspended.
12. Xiangshan Co., Ltd. announced that it plans to purchase 100% equity of Wuluo Wisdom at a tentative consideration of 800 million yuan, adding a new AI computing power equipment business. Huazhijie announced that it plans to acquire 100% of the shares of Greming Electronics, and the stock will be suspended from today. Jinchengzi announced that it has terminated the restructuring matter and the stock will resume trading from today.
13. Runze Technology announced that it plans to apply for an additional credit line of no more than 50 billion yuan from financial institutions and continue to increase investment in the AIDC field.
14. 4-connected Mindong Electric Power announced that the offshore wind power projects it has invested in are not yet under construction or have not been put into production.
15. The three major U.S. stock indexes closed slightly lower, with the Nasdaq falling 0.56%, the S&P 500 falling 0.48%, and the Dow falling 0.29%. The Philadelphia Semiconductor Index closed down 5.86%, its largest decline since July 1. The optical communications and memory chip sectors fell sharply, and the Roundhill Storage ETF fell more than 7%. Cybersecurity concept stocks bucked the trend and strengthened, with the Global X Cybersecurity ETF rising 10.66%, the largest single-day increase in history.
16. According to reports, Trump called Huang Renxun on Monday to discuss artificial intelligence with Huang Renxun.
17. Apple launches Siri artificial intelligence, which will be tested in English today and will be expanded to 5 languages in the future.
18. Trump stated that Ukraine has agreed not to attack Russian energy targets, and Russia has also agreed to stop attacking Ukrainian energy targets.
19. Two regional officials revealed that a key Saudi oil pipeline was damaged in an attack last week. Due to maintenance work, the pipeline's main capacity will be out of service for several weeks.
20. After the attack on key oil pipelines halted operations, Saudi Arabia is reported to be considering further increasing crude oil exports through the Strait of Hormuz, and has requested the UK to provide military and diplomatic support in response to Houthi armed attacks.
21. Rezai, Secretary of Iran’s Supreme National Security Council, said that there is no doubt that Iran will never negotiate before Iran’s conditions are met.
22. Japanese memory chip manufacturer Kioxia is reported to be considering raising at least US$10 billion through the issuance of American depositary receipts, and a related listing may take place next year.
23. Many European Central Bank officials issued hawkish signals and did not rule out the possibility of further interest rate increases. Traders once fully priced in expectations of four rate hikes by the European Central Bank and five by the Bank of England by the end of 2027. B[Passenger Alliance Branch: BYD exported 184,446 new energy passenger vehicles in August and Tesla China exported 36,119 vehicles] On September 8, the Passenger Alliance Branch released data showing that 518,000 new energy passenger vehicles were exported in August, a year-on-year increase of 154.7% and a month-on-month decrease of 5.0%. Accounting for 58.4% of passenger car exports, an increase of 18 percentage points compared with the same period last year; among which pure electric vehicles accounted for 63.4% of new energy exports (66.0% in the same period last year). The outstanding companies in new energy exports in August were: BYD (184,446 units), Geely Automobile (69,910 units), Chery Automobile (68,431 units), Tesla China (36 , 119 units), Changan Automobile (28,323 units), SAIC Passenger Cars (24,991 units), Leapmotor (18,255 units), SAIC-GM-Wuling (17,376 units).
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