智通财经网·2025-09-15 14:24Core Viewpoint - The news highlights a significant rally in Chinese electric vehicle (EV) stocks, driven by the announcement of a new initiative aimed at improving payment practices between automakers and suppliers [1] Group 1: Stock Performance - Chinese EV stocks experienced a notable increase, with Li Auto (LI.US) rising over 5%, NIO (NIO.US) increasing by more than 3%, and Xpeng Motors (XPEV.US) gaining nearly 3% [1] Group 2: Industry Initiative - On September 15, the China Association of Automobile Manufacturers (CAAM) released the "Payment Norms Initiative for Automotive Manufacturers and Suppliers" [1] - Seventeen major automakers, including FAW, Dongfeng, Changan, SAIC, BAIC, GAC, Jiangling, Seres, Chery, Geely, Great Wall, BYD, Li Auto, NIO, Leap Motor, Xpeng, and Xiaomi, committed to actively implement this initiative [1] - The initiative aims to establish a collaborative and mutually beneficial ecosystem between vehicle manufacturers and parts suppliers, promoting high-quality development in the automotive industry [1]