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ATHM - Autohome Shifts Into Higher Gear With NEVs And Immersive Tech
Autohome Inc. American Depositary Shares each representing one class A.
2024-02-17 01:34:00 ET
Summary
The Chinese car trading giant is expanding its network of high-tech showrooms where customers can check out various models in virtual reality.
Autohome’s profits rose about 4% last year to 1.88 billion yuan.
The trading platform’s sales of new energy vehicles are soaring, jumping nearly 82% last year.
China’s accelerating car market has put online trader Autohome Inc. ([[ATHM]]; 2518.HK) on the road to a post-Covid recovery, with some bumps along the way....