HSBC raises Goldman Sachs (GS.N) PT to $1,007 from $995.

1. The Ministry of Industry and Information Technology and seven other departments jointly issued the "15th Five-Year Plan for the Development of the New Battery Industry." 2. The "15th Five-Year Plan for the Development of the New Battery Industry" emphasizes developing high-safety lithium batteries for consumer electronics and improving the safety of power batteries for new energy vehicles. 3. Trump approved new fuel economy standards and repealed the Biden-era electric vehicle mandate. 4. The new M8 from Wenjie began pre-sales on September 30th, jointly designed and developed by Seres and Huawei. 5. Changan Automobile established an AD Collaborative Development Department, and Avita and DeepBlue began substantive integration. 6. JAC Motors' stock price hit the daily limit again. The company's latest response: production and operations are normal, and the company has always cooperated with Huawei. 7. Li Xiang: "De-XXization" is a zero-sum game mentality. Li Auto will never use this mentality to define our self-developed strategy. 8. Li Bin of NIO: 4,125 battery swapping stations nationwide have formed an 8GWh energy storage network. 9. NIO's Li Bin: NIO's battery swapping network is expected to generate over 10 billion kWh of electricity by 2030. 10. BYD: Demand for its fast-charging models is strong, but the second-generation blade battery is still in the production ramp-up phase, leading to longer delivery cycles. 11. NIO and Geely Holding have reached a formal agreement on a strategic transaction regarding battery swapping and charging businesses. 12. European electric vehicle sales have increased by 50% despite soaring fuel prices. 13. Porsche announced it has achieved 100% recycled material manufacturing for its battery cells. 14. Institutions: The global connected vehicle fleet is projected to exceed 1 billion vehicles by 2035.

[Iran Trade Development Organization: Air Transport Accounts for Only 3% to 5% of National Trade; Essential Goods to be Transported by Integrated Transportation] According to the Iranian Labor News Agency, the deputy head of business services at the Iran Trade Development Organization stated that only 3% to 5% of Iran's national trade is conducted via air transport. To compensate for the impact of flight cancellations, Iran will import goods through currently open air transport routes as much as possible. At the same time, Iran also has some alternative integrated transportation routes, and some goods imports will be transported by land, rail, and other modes of transport.