According to preliminary monthly data, the China Passenger Car Association (CPCA) estimated that the wholesale sales of new energy passenger vehicles (NEV-PVs) in China would reach 1.14 million units in March, up 37% both YoY and MoM, while the cumulative wholesale sales for 1Q25 would soar by 43% YoY to 2.86 million units.
Meanwhile, the data shows that Tesla (TSLA.US) sold 78,828 electric vehicles (EVs) in China in March, marking a YoY drop of 11.5% but a sharp MoM growth of 157%. BYD COMPANY (01211.HK) (002594.SZ), meanwhile, sold 371,400 NEVs in March.
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AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| BYD (C) |
14002 |
476.08 (-) |
0.139 |
6.8 X |
| BYD (C) |
28953 |
380.2 (-) |
0.295 |
6.6 X |
| BYD (P) |
14218 |
290.91 (-) |
0.086 |
6.2 X |
| BYD (P) |
13509 |
249 (-) |
0.033 |
6.9 X |
| BYD (Bull) |
56926 |
359 (363) |
0.032 |
23.4 X |
| BYD (Bull) |
55387 |
339 (343) |
0.075 |
10.0 X |
| BYD (Bear) |
59710 |
429 (425) |
0.092 |
8.1 X |
| BYD (Bear) |
61772 |
417 (413) |
0.076 |
9.9 X |
| TSLA (C) |
10441 |
350 (-) |
0.125 |
7.2 X |
| TSLA (C) |
10591 |
300 (-) |
0.680 |
3.3 X |
| TSLA (P) |
10468 |
250 (-) |
0.350 |
4.1 X |
| TSLA (P) |
10604 |
190 (-) |
0.290 |
2.5 X |
