To The Moon

🗓The March New Energy Vehicles (NEV) sales was published yesterday, showing a recovery to around 900,000 units in China, nearly double that of February's lows

🌐BYD and Geely's March overseas sales respectively rose 65% and 120% compared to the previous year (YoY), suggesting exports remain the core growth driver in 2026 for mass-market EV makers

Specifically,

➡BYD $BYD COMPANY(01211)$ : Domestic sales remained soft (-41% YoY), but continued export strength (+65%) remains the main focus. Blade 2.0 battery models to be launched in the next few months could help recover local market share losses

➡Geely: Geely's Zeekr/Lynk saw slower sequential growth off a higher February base, but remained the best-selling brands among pure NEV premium start-ups

➡NIO $NIO Inc. USD OV(NIO.SI)$ : Saw the strongest Q1 year to date growth (98% YoY) among peers on the continued strength of New ES8 demand off a low base. The company delivered 83,465 vehicles in Q1, beating Bloomberg's estimates of 81,360

➡Xiaomi $XIAOMI-W(01810)$ : Weaker demand during the current transition as the company stopped producing the original SU7 and starts to roll out the SU7 refresh

🥇In terms of share price performance, Nio stands out for its 9.4% gain to USD 6.06 yesterday, leading trending Nio call warrant $NIO MBeCW260826(TBPW.SI)$ to rise 34.1% to SGD 0.059

🥈Meanwhile, Geely saw a 5.1% gain to HKD 21.98 while trending Geely call warrant $Geely MB eCW260505(PZRW.SI)$ jumped 11 times more with a 52.4% spike to SGD 0.032 yesterday

🚫All the above EV names mentioned do not have put warrants tracking them at the moment