2月25日，可申购创业板的固德电材（301680.SZ）。该公司主营业务为新能源汽车动力电池热失控防护 零部件及电力电工绝缘产品的研发、生产与销售。 热失控防护是保障新能源汽车安全的关键环节，固德电材作为较早进入新能源汽车动力电池热失控防护 领域的领先企业之一，经过多年技术积累和创新，获得了多项省级和国家级科技认定。2021年公司实验 室被认定为江苏省省级企业技术中心，2022年被工信部评定为国家级专精特新"小巨人"企业，2024年3 月被评定为江苏省省级工程技术研究中心。截至2025年上半年，公司已获得专利96项，其中发明专利36 项，实用新型60项。 值得注意的是，固德电材提醒投资者，公司面临贸易政策风险。2022年至2025年上半年，公司部分下游 客户为美国企业，公司新能源汽车热失控防护业务直接出口美国的产品销售收入分别为0.51亿元、1.13 亿元、2.25亿元和0.71亿元，占营业收入的比例分别为10.80%、17.38%、24.73%和15.44%。由于美国关 税政策变化频繁，公司难以预测未来关税政策变化及关税水平，若主要出口市场长期维持或加码高关税 等贸易限制政策，可能导致公司境外销售增速放缓及 ...

Lamborghini will cancel its plan to release an electric vehicle in 2028 due to what the company is calling a lack of consumer demand. Lamborghini CEO Stephan Winkelmann spoke with The Sunday Times in an interview and said the EV will no longer join its lineup after the company's analysis found little demand for the EV, which was named the Lanzador in 2023. The company is owned by Volkswagen through its subsidiary, Audi.Winkelmann told The Sunday Times the "acceptance curve" for EVs in Lamborghini's target m ...

Core Viewpoint - The statement suggests that the current situation is a transitional phase rather than a definitive conclusion, indicating ongoing developments in the market or industry [1] Group 1 - The company operates in a flexible equity fund management space, focusing on fundamental equity research and macroeconomic strategies [2] - The portfolio management strategy combines top-down macro analysis with bottom-up stock selection, emphasizing real-time positioning using data and models [2] - The focus areas include earnings, technological disruption, policy shifts, and capital flows to identify mispriced investment opportunities [2] Group 2 - The company shares high-conviction investment ideas and contrarian views on both growth and value stocks through platforms like Seeking Alpha [2] - There is a clear emphasis on the importance of understanding market dynamics and the potential for future performance based on current insights [3]

In this articleSTLA2026 Jeep CherokeeMichael Wayland / CNBCLOS ANGELES – Stellantis is counting on the return of the Jeep Cherokee to help lead a U.S. turnaround for the SUV brand and embattled automaker. The Cherokee returns after a three-year hiatus, rejoining the compact and midsize vehicle markets, which represent the largest segments in the U.S. It also marks Jeep's first traditional hybrid model and its most fuel-efficient, gas-powered vehicle ever in the U.S."This is a critical vehicle for us," Richa ...

Core Viewpoint - Tesla is not retreating from the electric vehicle (EV) market but is instead leading it, maintaining its long-held aspirations despite challenges faced by other automakers [1][5]. Investment and Strategy - Tesla has committed to a significant $20 billion capital spending program, which includes investments in a lithium refinery in Texas, a lithium iron phosphate (LFP) battery factory in Nevada, and the Gigafactory in Texas for Cybercab production [4]. - These investments are aimed at supporting Tesla's vision for the future of the EV market, which aligns with the ambitions that many legacy automakers once promised [5]. Industry Context - Legacy automakers have struggled with their robotaxi developments, with companies like Ford and General Motors backing off from their initial plans, indicating a shift in their strategies due to weak sales performance [6][9]. - The failures of legacy automakers in the EV market are highlighted by significant financial writedowns, such as $19.5 billion at Ford and $27 billion at Stellantis, while Tesla holds a 46% share of the U.S. EV market compared to GM's 13% [9]. Tesla's Focus - Tesla's strategy differs from that of legacy automakers, as it aims to build out its robotaxi business, including the Cybercab, while also introducing lower-cost variants of its Model Y and Model 3 [12]. - The company's consistent focus on the EV market and its robotaxi ambitions reflects a belief in the potential of the sector, contrasting with the reset strategies of its competitors [13].

Core Viewpoint - Tesla's decision to discontinue the Model S and Model X is part of a strategic evolution towards a focus on autonomy rather than a retreat from the electric vehicle market [1][2]. Group 1: Production Decisions - The Model S and Model X are higher-cost models that do not significantly contribute to Tesla's sales, with only 4,000 units delivered in the last quarter, representing just 1.2% of total deliveries [4]. - The market is shifting towards lower-cost models, as evidenced by the decline in Model S/X sales and the production of more affordable versions of the Model 3 and Model Y [5]. - Tesla is reallocating production space at its Fremont factory, previously used for the S and X, to manufacture its Optimus robot as part of a $20 billion capital spending commitment by 2026 [6]. Group 2: Market Trends and Future Direction - The automotive industry is moving towards an autonomous future, with Tesla making gradual progress towards achieving autonomous robotaxis, unlike competitors who have struggled in this area [8]. - The cost dynamics of electric vehicles favor heavy usage, particularly in taxi applications, which will be enhanced by the introduction of dedicated robotaxi vehicles like the Cybercab [9]. - Discontinuing the Model S and Model X aligns with current market conditions and the overall direction of the EV market, marking a natural evolution in Tesla's business strategy [12].

Core Viewpoint - Argentina Lithium & Energy Corp. is advancing its Rincon West lithium project in Salta, Argentina, with a focus on resource estimation, exploration drilling, and strategic partnerships to enhance lithium production potential [2][4]. Exploration and Resource Development - The company filed its maiden mineral resource estimate for the Rincon West Project, based on 14 diamond drill holes totaling 4,823.2 meters and one production well drilled to 470 meters [2]. - Two exploration objectives have been identified: additional pump testing to evaluate hydraulic characteristics and infill drilling to upgrade resource categories, both integrated into a multi-stage exploration plan [3]. Drilling and Testing Plans - The company plans to conduct additional exploration drilling in the eastern Rinconcita II mining concession to evaluate mineral resource classifications at depths between 385 m and 455 m [6]. - Two new diamond drill holes are planned to extract core samples for testing, subject to environmental report submission and permit approval [7]. Strategic Partnerships - A Memorandum of Understanding (MOU) was signed with Xi'an Lanshen New Material Technology Co., Ltd., a leader in Direct Lithium Extraction (DLE) technology, to facilitate the advancement of the Rincon West project [4]. - The partnership aims to deploy proprietary DLE systems and engineering expertise to accelerate the project towards a Feasibility Study and potential commercial production [4]. Financial and Operational Considerations - The execution of the exploration plan is contingent on the availability of additional funding, which is not currently part of the company's business objectives for the next 12 months [9]. - The proceeds from the company's current offering are intended for planned near-term activities and working capital, not for the exploration plan [9]. Strategic Investment and Offtake Agreements - In September 2023, Argentina Lithium entered into a strategic investment agreement with Stellantis, acquiring a 19.9% stake in the subsidiary Argentina Litio Y Energia S.A. (ALE) [11]. - The agreement includes a seven-year lithium offtake agreement allowing Stellantis to purchase up to 15,000 tonnes of lithium carbonate per year upon commercial production commencement [11]. Company Overview - Argentina Lithium & Energy Corp. focuses on acquiring high-quality lithium projects in Argentina to meet the growing global demand from the battery sector, with a strategic position in the Lithium Triangle [14]. - The company has a history of success in the resource sector and is part of the Grosso Group, which has pioneered exploration in Argentina since 1993 [14].

Volkswagen workers ratify first UAW contract, marks win for labor in the South | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A view of the Volkswagen plant where workers are voting on whether to join the United Auto Workers union (UAW), in Chattanooga, Tennessee, U.S., April 18, 2024 REUTERS/Nora Eckert/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Volkswagen AG]Follow[Ford Motor Co]Follow[General Motors Co]Fol ...

Core Insights - Renault forecasts a decline in margins for 2026, projecting around 5.5% compared to 6.3% in the previous year, due to increasing price pressures from competitors [1][2][3] - The company reported a 15% drop in operating profit for the last year, attributed to pricing pressures that accounted for over 700 million euros of the profit decline [1][2][3] Financial Performance - Renault's operating profit for 2025 was 3.6 billion euros ($4.24 billion), aligning with analyst expectations [1][2] - The group recorded a full-year net loss of 10.9 billion euros, its first loss in five years, primarily due to a one-off writedown of 9.3 billion euros related to its stake in Nissan [1][2][3] - Revenue increased by 3% year-on-year to 57.9 billion euros, with sales volumes rising by 3.2% to 2.34 million vehicles in 2025 [1][2][3] Market Environment - The automotive market in Europe is becoming increasingly competitive, particularly with the entry of more Chinese brands and aggressive strategies from rivals like Stellantis [1][2] - Renault aims to combat this competition by focusing on cost reduction, targeting a decrease of around 400 euros per vehicle in variable costs [1][2][3] Strategic Outlook - The company plans to leverage its Duster SUV to enhance its presence in the Indian market while also expanding in South America [1][2] - Renault's management expressed confidence in sustaining growth in Europe despite the strong competition from Chinese manufacturers [1][2][3]

Market Performance - European stocks closed positively, with the pan-European Stoxx 600 up by 1.19%, the UK's FTSE 100 climbing 1.23%, Germany's DAX gaining 1.12%, and France's CAC 40 ending 0.81% higher [1][3]. - Defense stocks rose due to an agreement between India and France to strengthen defense and aerospace ties [2]. - Mining and banking sectors also saw significant gains, with notable performances from companies like Antofagasta, which soared nearly 11% [4]. Company Updates - BAE Systems reported a better-than-expected 12% rise in full-year operating profit, leading to a 4% increase in its shares [4]. - In Germany, Rheinmetall climbed more than 5%, and Heidelberg Materials gained about 4.3% [5]. - Bayer's shares fell over 7% due to a proposed $10.5 billion settlement related to litigation over its Roundup weedkiller [6]. Sector Performance - In the UK market, mining companies such as Fresnillo, Anglo American Plc, and Glencore gained between 4.25% and 4.8% [4]. - In France, companies like Thales, ArcelorMittal, and STMicroelectronics saw gains of 2%-5% [7]. - Notable declines were observed in food retailer Carrefour, which slid more than 5% after reporting a decline in operating profit [8]. Economic Indicators - France's inflation eased to the lowest in five years, with the consumer price index rising only 0.3% year-on-year in January [9]. - The EU harmonized inflation softened to 0.4% from 0.7% in December, marking the weakest rate since December 2020 [10]. - In the UK, the consumer price index posted an annual increase of 3% in January, the lowest since March 2025 [12].