
The New Energy Vehicle ETF (159183) and Battery ETF (561910) are performing strongly against the trend, with new battery safety regulations and the implementation of V2G pilots expected to drive industry upgrades

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The New Energy Vehicle ETF (159183) and the Battery ETF (561910) rose against the market downturn, increasing by 0.2% and 0.61%, respectively. Recently, the new battery safety regulations and V2G pilot projects have been introduced in the new energy vehicle sector. The former will promote the survival of the fittest in the industry, while the latter provides profit opportunities for vehicle owners. The V2G pilot in Hefei has facilitated the energy storage and supply transformation of new energy vehicles through subsidies and technical support, bringing new business models and market opportunities

