Good news! The New Energy Vehicle ETF (516180) surged by 3%. On April 1, the sales volume of domestic vehicles reached a record high of over 300,000 units. Meanwhile, the New Energy Vehicle ETF (515700) showed impressive growth in the last week, ranking first among its peers.
As of May 13, 2025, at 10:29 AM, the New Energy Vehicle ETF (516180) saw a significant increase of 3.48%. On the other hand, the New Energy Vehicle ETF (515700) recorded a rise of 4.86% in the previous week, reflecting its robust performance compared to its basic index.
Analyzing the market trends, the New Energy Vehicle ETF (516180) has reached a recent scale of 619.40 million yuan, marking a new high in the past month. On May 12, 2025, the Chinese Electric Vehicle Association announced the first quarter export statistics for domestic new energy products. The export value for the first quarter of 2025 is projected to be 6.71 billion U.S. dollars, representing a decrease of 30.5% year-on-year.
Analysts believe that the market will stabilize, and new energy products will continue to gain traction as the main industry chain adapts to the current market conditions. As of May 13, 2025, at 10:02 AM, the New Energy Vehicle Manufacturing Index (930997) recorded a slight increase of 0.07%.
The market share of new energy vehicles in China has also improved, with significant contributions from various manufacturers, including Gree Electric Appliances (601012), BYD Company (002594), and SAIC Motor Corporation (600104), all showing positive performance.
In the last week, the New Energy Vehicle ETF (515700) has gained momentum, with the latest price reported at 1.66 yuan. On May 12, 2025, this ETF accumulated an increase of 4.86% over the week, highlighting its strong market position.
The Vehicle Parts ETF (159306) also saw a slight uptick of 0.09%, with a recent price of 1.15 yuan. As of May 12, 2025, it recorded a weekly increase of 3.90%, reflecting a steady growth trend.
Additionally, on May 13, 2025, the New Energy Materials ETF (516890) rose by 0.60%, with the latest price reported at 0.51 yuan. The ongoing developments in the electric vehicle sector are expected to be further highlighted at the upcoming China International Battery Fair (CIBF2025), scheduled for May 15-17 in Shenzhen.
As part of the event, several prominent companies will showcase their latest innovations, including advancements in battery technology with a focus on energy density improvements. The State Administration for Market Regulation has also released guidelines to promote the development of energy storage batteries.
In summary, the performance of various ETFs related to new energy vehicles and materials indicates a positive outlook for the sector, with numerous opportunities for investment and growth in the coming months.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/rising-trends-in-chinas-automotive-sector-etf-performance-and-export-growth-insights/
