65blackjack| The Travel Association predicts that sales of new energy vehicles will drop slightly in April. Xiaopeng Automobile once fell more than 5%

Financial Associated Press, May 8 (Editor Hu Jiarong) today, Hong Kong auto stocks are under pressure, of which Xiaopeng Motor once fell more than 5% in intraday trading. As of press time, Xiaopeng Automobile-W (0988)65blackjack.HK), ideal car _ W (0201565blackjack.HK) and Great Wall Motor (02333.HK) fell 2.77%, 2.61% and 0.99%, respectively.

Note65blackjackPerformance of automobile stocks

In terms of news, the Federation of passengers announced yesterday the forecast of the new energy passenger car market in April. According to preliminary data, the national passenger car market sold more than 10,000 new energy vehicles wholesale in March 2024, accounting for 85 percent of the total monthly sales of new energy passenger vehicles in March. The estimated sales of these enterprises in April were 680000. According to the proportion of last month's structure, it is estimated that the national sales of new energy passenger vehicles in April will be about 800000.

The Federation also pointed out that according to the monthly preliminary data, it is estimated that the wholesale sales of new energy passenger car manufacturers nationwide in April were 800000, an increase of 33% over the same period last year and a slight decrease of 2% from the previous month. Affected by this news, the trend of Hong Kong auto stocks continues to be under pressure.

Xiaopeng once fell more than 5% in intraday trading.

Note65blackjackThe performance of Xiaopeng car

At one point today, Xiaopeng's shares fell more than 5% in morning trading. This decline may be related to the recent announcement of new energy sales in April. According to the announcement, the company delivered a total of 9339 smart electric vehicles in April, up 33 per cent from the same period last year and 4 per cent from March this year.

Note: announcement of Xiaopeng Automobile

Delivery of the Xiaopeng X9 reached 1959 in April, with a cumulative delivery of nearly 10000 since its launch, solidifying its position as the best-selling all-electric MPV model in China. In addition, from the beginning of 2024 to April, Xiaopeng's cumulative delivery volume was 31214, an increase of 23% over the same period last year.

Although Xiaopeng's sales continued to grow in April, the company's sales were still weaker than those of other automakers. For example, the sales of ideal cars, Lulai and zero-running cars in the same period were 25787, 15620 and 15005 respectively, an increase of 0.41%, 134.60% and 71.69% respectively over the same period last year.

In addition, yesterday, 360 Group founder Zhou Hongyi's original plan to test-drive Xiaopeng Huitian flying car failed to proceed as scheduled, which aroused widespread concern and discussion. The incident quickly became a hot topic on social media, including hashtags such as "Zhou Hongyi could not take off by test driving a flying car" and "Zhou Hongyi was furious live".

The main reason for the frustration of the activity is that Xiaopeng Huitian has not yet completed the necessary test flight procedures, resulting in the original test drive activities can not be carried out smoothly.