New Energy Vehicle Purchases Policy Extension Continues – The New Energy Vehicle ETF (515700) has once again shown significant growth!
As of April 11, 2025, at 09:46, the New Energy Vehicle ETF (515700) reported a 0.02% increase. The top performers include Qinlong Technology (002594) rising by 1.20%, Yuanhua Technology (688005) by 1.80%, and Shenzhou Technology (300124) by 1.14%. On the downside, Yuanxuan Technology (300014) decreased by 0.64%, and Hengde Times (300750) dropped by 0.61%.
The New Energy Vehicle ETF (515700) recorded a net value of 1.51 on the last trading day. In terms of liquidity, the ETF experienced a 0.07% fluctuation, with a total trading volume of 14.715 million yuan.
Looking at the past year, on April 10, 2025, the New Energy Vehicle ETF’s trading volume reached 71.2709 million yuan, reflecting a significant increase. Its market capitalization is currently estimated at 21.24 billion yuan, about half that of its base currency.
On April 10, 2025, the National Development and Reform Commission announced an official extension of the New Energy Vehicle purchase policy until the end of 2030. This will coincide with the introduction of numerous supporting measures to accelerate the new energy vehicle market.
The primary aim is to enhance the quality and development pace of the new energy vehicle sector, aligning with the “Red Line Policy” and the “Market Penetration Strategy” for sustained growth.
Currently, the leading companies in the new energy vehicle sector include BYD, NIO, and XPeng, with their shares showing promising growth rates. As of April 10, 2025, the New Energy Vehicle ETF boasts a five-year return of 62.33%, outperforming the benchmark index by 6.95%.
The ETF also has a management fee of 0.15% and an expense ratio of 0.05%, making it one of the most cost-effective options in its category.
As of April 10, 2025, the New Energy Vehicle ETF has a tracking error of 0.009%, the lowest among its peers, demonstrating its effective management and operational efficiency.
In conclusion, the New Energy Vehicle ETF continues to showcase exceptional performance, with a current net value of 359.56 million yuan, and a total asset value of 5.67017 billion yuan. This ETF has proven to be a strong investment choice for those looking to engage in the growing new energy vehicle market.
