Tuesday, August 11, 2020 12:11:00 PM
Auto sales in China rose 16.4% to 2.11M vehicles in July to mark a fourth month in a row of positive growth, according to the China Association of Automobile Manufacturers.
CAAM forecasts auto sales will be down around 10% for the full year unless the pandemic worsens.
New electric vehicle sales were up 19.3% to 98K units during the month, which combined with Nio's (NYSE:NIO) earnings and deliveries report this morning could spark the EV sector. The positive growth in July for NEV sales is notable due to the slow first six months of the year for the segment.
Link
52 week high today at $16.80
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM