Recent developments in the electric vehicle sector highlight a significant shift in power supply architecture, emphasizing a move from centralized to distributed battery management systems (BMS). This transition, driven by market opportunities for enhanced reliability and efficient data handling, aligns with the growing adoption of 800V systems that demand advanced BMS chips. The integration of various components like the BMS and Battery Distribution Unit (BDU) into high-voltage integrated battery boxes marks a trend towards improved efficiency and cost-effectiveness. These advancements, supported by the development and mass production of more powerful automotive-grade BMS chips, reflect a continuous effort to optimize new energy vehicles for better performance and safety.
In other trading, Seres GroupLtd was a notable mover up 4.8% and closing at CN¥167.67, near its 52-week high. Meanwhile, Ferrari lagged, down 15.4% to close at €354.00, near its 52-week low. On Thursday, the company announced a €3,500 million share repurchase program amidst its revised 2025 earnings guidance.
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Tesla settled at $435.54 down 0.7%. On Tuesday, John Chevedden filed a proposal requesting Tesla be governed democratically by majority shareholder votes, aiming to increase accountability to non-Musk shareholders.
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QuantumScape finished trading at $14.99 down 2.2%.
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NIO closed at $7.46 down 5%.
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