Share Prices Surge in New Energy Vehicle Segment after Sale Ban News

Published: Sep 11, 2017 17:34
Share prices shot up in new energy vehicle segment today after report that China might ban production and sales of traditional energy vehicles.

SHANGHAI, Sept. 11 (SMM) – Share prices shot up in new energy vehicle segment today after report that China might ban production and sales of traditional energy vehicles. 

China to Set Timetable for Ban Fuel Vehicle Sales 

 Over 80 relevant listed firms saw their share prices rise sharply, and share prices of 9 firms hit daily upside limits. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
11 hours ago
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
Read More
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
【SMM Analysis】Implats 2010 To 2025: Why More Metal Does Not Always Mean More Money
Implats’ 2010–2025 operating record shows why higher output does not always mean stronger profits. Metal prices, operating disruptions, acquisitions and currency movements shaped performance. Palladium and rhodium prices fell sharply after FY2021. FY2026 results show a recovery, but lasting strength depends on safe operations, reliable processing, disciplined costs and converting metal into cash, rather than relying on favourable prices alone.
11 hours ago
[SMM Precious Metals Express]
15 hours ago
[SMM Precious Metals Express]
Read More
[SMM Precious Metals Express]
[SMM Precious Metals Express]
Implats is reassessing the strategic value of its Waterberg PGM project. The company’s management recently stated that the revised Waterberg plan, following scale reduction and capital cost optimisation, is more attractive than previous versions, and the project has re-entered the group’s future growth pipeline. This development also reflects an increasingly pressing reality for South Africa’s PGM industry: projects capable of delivering incremental output at lower risk and reasonable capital intensity are becoming scarce.
15 hours ago
[SMM Precious Metals Express]
15 hours ago
[SMM Precious Metals Express]
Read More
[SMM Precious Metals Express]
[SMM Precious Metals Express]
A major green hydrogen project in South Africa has taken another key step forward. Hive Hydrogen South Africa announced on September 15 that it has formally awarded the front-end engineering design (FEED) contract for its approximately USD 5.8 billion green hydrogen and green ammonia project to Spanish engineering firm Técnicas Reunidas. The project, now in the late development stage, is regarded as a flagship green hydrogen initiative in South Africa and one of the key demonstration projects under the European Union’s Global Gateway programme in the country.
15 hours ago