CHERY AUTO Launches New Jetour Zongheng G700 Vehicle with Starting Price of RMB329,900
New Vehicle Launch: CHERY AUTO has globally launched the Jetour Zongheng G700, an all-terrain luxury off-road SUV, with prices ranging from RMB329,900 to RMB414,900.
Special Pricing and Features: A limited-time super renewal price starts at RMB304,900, and the vehicle includes Huawei's Qiankun Intelligent Driving ADS4 assistance system.
Trade with 70% Backtested Accuracy
Analyst Views on 09973
About the author
Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
Canadian Industry Minister Promotes Joint Venture for Car Plant Establishment with CN
Canada's Joint Ventures with China: Canadian Industry Minister Melanie Joly announced plans to promote joint venture automotive plants with China for electric vehicle production aimed at global export.
Collaboration Opportunities: Canadian auto parts companies can partner with Chinese EV manufacturers to create assembly plants in Canada, ensuring compliance with safety regulations and labor standards while developing a local supply chain.
<Research>BOCI Lowers GWMOTOR's Rating to Sell and Reduces Target Price to HKD9.5
Revenue and Profit Decline: GWMOTOR's 4Q25 revenue increased by 13% QoQ to RMB69.2 billion, but net profit fell by 44% QoQ to RMB1.3 billion, significantly below expectations due to seasonal bonuses, low sales efficiency, and reduced tax rebates in Russia.
Operational Challenges: BOCI highlighted that GWMOTOR's extensive direct sales network and unclear sales prospects may hinder operational efficiency, posing significant risks to earnings.
Market Position in NEV: Despite efforts in new energy vehicle (NEV) sales, GWMOTOR is trailing behind competitors like GEELY AUTO and CHERY AUTO in market share and NEV transition.
Rating Downgrade: BOCI has downgraded GWMOTOR's rating from Hold to Sell and reduced its target price from HKD16 to HKD9.5.
CHERY AUTO Set to Acquire Nissan's Manufacturing Facility in South Africa
CHERY AUTO Acquisition: CHERY AUTO has agreed to acquire land, buildings, and assets from Nissan Motor at the Rosslyn plant in South Africa, including a factory for car doors and body components, with the deal expected to close by mid-2026.
Nissan Motor Announcement: Nissan Motor has confirmed the agreement with CHERY AUTO but has not disclosed the transaction amount.
CNBM Signs Strategic Partnership Agreement with Wuhu City and Chery Automobile
Strategic Agreement: China National Building Material Group (CNBM) signed a strategic cooperation agreement with Wuhu City and CHERY AUTO to enhance collaboration in the new material industry.
Focus Areas: The partnership aims to address new material demands in sectors such as new energy vehicles, robotics, low-altitude economy, and high-end equipment through the establishment of an R&D innovation platform and an industry base.
BYD Shares Increase 4% as Auto Manufacturers Surge Following CN-EU Agreement on EV Tariffs
EU-China Tariff Agreement: The European Union has reached a consensus with China regarding tariffs on electric vehicles, requiring Chinese exporters to submit price commitment letters before entering the EU market.
Auto Stocks Performance: Following the tariff announcement, several Chinese carmakers, including BYD, CHERY, and GEELY, saw significant stock price increases, with BYD rising by nearly 4% and other brands also experiencing gains.
Chinese Automakers Compete for Nissan-Mercedes Plant in Mexico; BYD and Geely Said to be Finalists
Acquisition Interest: BYD COMPANY and GEELY AUTO are among the final candidates to acquire a Nissan-Mercedes joint venture plant in Mexico, which is facing shutdowns and layoffs due to US tariff policies.
Chinese Carmakers' Strategy: The plant has attracted interest from Chinese carmakers looking to establish a production base in Mexico, with other companies like CHERY AUTO and GWMOTOR also expressing interest.
Short Selling Data: BYD COMPANY has a short selling amount of $290.69M with a ratio of 19.810%, while GEELY AUTO has $40.87M in short selling with a ratio of 9.108%.
Market Analysis: Jefferies has raised the target price for BYD COMPANY to $105, indicating positive market catalysts for the company.
Canadian Industry Minister Promotes Joint Venture for Car Plant Establishment with CN
Canada's Joint Ventures with China: Canadian Industry Minister Melanie Joly announced plans to promote joint venture automotive plants with China for electric vehicle production aimed at global export.
Collaboration Opportunities: Canadian auto parts companies can partner with Chinese EV manufacturers to create assembly plants in Canada, ensuring compliance with safety regulations and labor standards while developing a local supply chain.
<Research>BOCI Lowers GWMOTOR's Rating to Sell and Reduces Target Price to HKD9.5
Revenue and Profit Decline: GWMOTOR's 4Q25 revenue increased by 13% QoQ to RMB69.2 billion, but net profit fell by 44% QoQ to RMB1.3 billion, significantly below expectations due to seasonal bonuses, low sales efficiency, and reduced tax rebates in Russia.
Operational Challenges: BOCI highlighted that GWMOTOR's extensive direct sales network and unclear sales prospects may hinder operational efficiency, posing significant risks to earnings.
Market Position in NEV: Despite efforts in new energy vehicle (NEV) sales, GWMOTOR is trailing behind competitors like GEELY AUTO and CHERY AUTO in market share and NEV transition.
Rating Downgrade: BOCI has downgraded GWMOTOR's rating from Hold to Sell and reduced its target price from HKD16 to HKD9.5.
CHERY AUTO Set to Acquire Nissan's Manufacturing Facility in South Africa
CHERY AUTO Acquisition: CHERY AUTO has agreed to acquire land, buildings, and assets from Nissan Motor at the Rosslyn plant in South Africa, including a factory for car doors and body components, with the deal expected to close by mid-2026.
Nissan Motor Announcement: Nissan Motor has confirmed the agreement with CHERY AUTO but has not disclosed the transaction amount.
CNBM Signs Strategic Partnership Agreement with Wuhu City and Chery Automobile
Strategic Agreement: China National Building Material Group (CNBM) signed a strategic cooperation agreement with Wuhu City and CHERY AUTO to enhance collaboration in the new material industry.
Focus Areas: The partnership aims to address new material demands in sectors such as new energy vehicles, robotics, low-altitude economy, and high-end equipment through the establishment of an R&D innovation platform and an industry base.
BYD Shares Increase 4% as Auto Manufacturers Surge Following CN-EU Agreement on EV Tariffs
EU-China Tariff Agreement: The European Union has reached a consensus with China regarding tariffs on electric vehicles, requiring Chinese exporters to submit price commitment letters before entering the EU market.
Auto Stocks Performance: Following the tariff announcement, several Chinese carmakers, including BYD, CHERY, and GEELY, saw significant stock price increases, with BYD rising by nearly 4% and other brands also experiencing gains.
