As subsidies and persistently high fuel prices continued to boost demand for electric vehicles (EVs), global new registrations of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) added 3% YoY in May to approximately 1.8 million units, marking the third consecutive month of growth, data from consultant Benchmark Mineral Intelligence showed. Total sales in 5M26 also grew 0.9% YoY.
European demand was the main driver of the increase in May registrations, with registrations in the region hiking 23% to approximately 415,000 units. In China, registrations dropped 9% YoY to approximately 987,000 units in May, in wake of the cancellation of vehicle trade-in subsidies and the end of tax incentives for EV purchases. Sales in North America also declined 26% in May to approximately 123,000 units, weighed down by the expiration of tax incentives and the US government’s intention to further relax carbon dioxide emissions regulations.
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AASTOCKS Financial News
Website: www.aastocks.com
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| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
27625 |
27.82 (-) |
0.049 |
6.3 X |
| GEELY (C) |
24891 |
19.51 (-) |
0.148 |
6.1 X |
| GEELY (P) |
28212 |
18.47 (-) |
0.174 |
4.5 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.097 |
3.8 X |
| BYD (C) |
25582 |
106.98 (-) |
0.016 |
11.4 X |
| BYD (C) |
29980 |
98.7 (-) |
0.071 |
4.6 X |
| BYD (P) |
22345 |
81.83 (-) |
0.103 |
7.1 X |
| BYD (Bull) |
58297 |
76.6 (78) |
0.067 |
12.3 X |
| BYD (Bull) |
65170 |
75.6 (77) |
0.075 |
11.0 X |
| BYD (Bear) |
55345 |
97.4 (96) |
0.127 |
6.5 X |
| BYD (Bear) |
58295 |
91.4 (90) |
0.081 |
10.2 X |
| LIAUT (C) |
13519 |
76.5 (-) |
0.079 |
4.1 X |
| NIO (C) |
29666 |
58 (-) |
0.095 |
3.4 X |
| TSLA (C) |
11134 |
490 (-) |
0.325 |
6.0 X |
| TSLA (P) |
11135 |
330 (-) |
0.470 |
3.2 X |
