"KARS Holdings","As of 2025-09-18","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"CONTEMPORARY A-A",4.94,300750,CNE100003662,"72,820","3,756,282" 2,"TESLA INC",4.72,TSLA,US88160R1014,"8,612","3,589,912" 3,"LI AUTO INC-CLASS A",3.95,2015,KYG5479M1050,"229,600","3,005,668" 4,"XIAOMI CORP-CLASS B",3.88,1810,KYG9830T1067,"404,400","2,956,399" 5,"PANASONIC HOLDINGS CORP",3.82,6752,JP3866800000,"270,100","2,905,822" 6,"BYD CO LTD -A",3.78,002594,CNE100001526,"186,400","2,875,171" 7,"XPENG INC-A SHRS",3.66,9868,KYG982AW1003,"266,000","2,782,663" 8,"GEELY AUTOMOBILE",3.34,175,KYG3777B1032,"1,052,000","2,544,638" 9,"NIO INC-CLASS A",3.26,9866,KYG6525F1028,"344,070","2,484,380" 10,"EVE ENERGY CO LTD-A",2.83,300014,CNE100000GS4,"217,260","2,152,867" 11,"RIVIAN AUTOMOTIVE INC-A",2.80,RIVN,US76954A1034,"145,226","2,131,918" 12,"CMOC GROUP LTD-A",2.61,603993,CNE100001NR0,"1,140,700","1,985,472" 13,"SERES GROUP CO L-A",2.57,601127,CNE1000028B9,"97,200","1,955,589" 14,"ALBEMARLE CORP",2.48,ALB,US0126531013,"23,319","1,887,207" 15,"MP MATERIALS CORP",2.41,MP,US5533681012,"25,457","1,836,213" 16,"Lynas Rare Earths",2.40,LYC,AU000000LYC6,"188,962","1,825,810" 17,"SAMSUNG SDI CO LTD",2.21,006400,KR7006400006,"11,151","1,679,315" 18,"Dr Ing hc F Porsche AG",2.20,P911,DE000PAG9113,"32,448","1,677,080" 19,"PILBARA MINERALS LTD",2.20,PLS,AU000000PLS0,"1,104,648","1,672,979" 20,"LG ENERGY SOLUTION",2.15,373220,KR7373220003,"6,413","1,638,134" 21,"ECOPRO BM CO LTD",2.05,247540,KR7247540008,"17,615","1,559,935" 22,"ZHEJIANG LEAPM-H",1.98,9863,CNE100005K77,"184,400","1,503,390" 23,SQM/B,1.86,SQM/B,CLP8716X1082,"32,796","1,416,055" 24,"WUXI LEAD INTE-A",1.72,300450,CNE100001ZF9,"164,100","1,308,859" 25,"ZHEJIANG HUAYO-A",1.69,603799,CNE100001VW3,"180,563","1,283,788" 26,"GANFENG LITHIU-A",1.46,002460,CNE100000SF6,"164,357","1,109,640" 27,"POSCO FUTURE M CO LTD",1.45,003670,KR7003670007,"10,955","1,101,970" 28,"GOTION HIGH-TECH CO LTD-A",1.43,002074,CNE000001NY7,"173,689","1,086,686" 29,UMICORE,1.42,UMI,BE0974320526,"69,350","1,077,188" 30,"TIANQI LITHIUM CORP-A",1.23,002466,CNE100000T32,"154,900","939,732" 31,"LUCID GROUP INC",1.18,LCID,US5494981039,"43,642","894,651" 32,"PLUG POWER INC",1.17,PLUG,US72919P2020,"425,197","892,914" 33,"IGO LTD",1.11,IGO,AU000000IGO4,"266,182","844,989" 34,"GUANGZHOU TINC-A",1.10,002709,CNE100001RG4,"189,894","834,854" 35,"SHANGHAI PUTAI-A",1.02,603659,CNE100002TX3,"208,899","776,844" 36,"MINERAL RESOURCES LTD",1.02,MIN,AU000000MIN4,"30,494","776,638" 37,"YADEA GROUP HOLDINGS LTD",0.95,1585,KYG9830F1063,"404,000","722,653" 38,"SHENZHEN KEDAL-A",0.87,002850,CNE100002JW6,"28,236","659,671" 39,"BAIC BLUEPARK-A",0.86,600733,CNE000000LP1,"568,500","652,217" 40,"XIAMEN TUNGSTEN CO LTD-A",0.85,600549,CNE000001D15,"161,451","648,292" 41,"ANEKA TAMBANG TBK",0.83,ANTM,ID1000106602,"3,057,900","633,627" 42,"NIDEC CORP",0.82,6594,JP3734800000,"34,200","621,734" 43,"YUNNAN ENERGY-A",0.78,002812,CNE100002BR3,"99,200","597,353" 44,"CNGR ADVANCED -A",0.76,300919,CNE1000049X9,"95,370","580,995" 45,"GEM CO LTD-A",0.72,002340,CNE100000KT4,"525,940","550,889" 46,"ZEEKR INTELL-ADR",0.66,ZK,US98923K1034,"17,196","506,078" 47,"L&F CO LTD",0.65,066970,KR7066970005,"8,805","494,875" 48,"NINGBO SHANSHAN CO LTD-A",0.62,600884,CNE000000JJ8,"220,800","472,172" 49,"HUNAN YUNENG N-A",0.60,301358,CNE100005YS6,"77,500","458,074" 50,"VOLVO CAR AB-B",0.60,VOLCARB,SE0021628898,"217,578","457,855" 51,"BEIJING EASPRI-A",0.57,300073,CNE100000NN1,"55,400","430,498" 52,"CHINA BAOAN GROUP-A",0.51,000009,CNE000000222,"263,707","385,962" 53,"FARASIS ENERGY G",0.49,688567,CNE1000041T4,"124,711","375,224" 54,"ZHONGSHAN BROA-A",0.49,002249,CNE100000C07,"251,400","374,665" 55,"GUANGZHOU AUTO-H",0.49,2238,CNE100000Q35,"854,000","374,484" 56,"QINGDAO TGOOD ELECTRIC-A",0.48,300001,CNE100000H69,"108,400","366,383" 57,"KOREAN WON",0.47,,–,"495,787,810","357,246" 58,"SHENZHEN SENIO-A",0.35,300568,CNE100002DP3,"137,300","266,006" 59,"CHENGXIN LITHI-A",0.32,2240,CNE100000BN6,"96,500","242,993" 60,Cash,0.17,,–,"128,022","128,022" 61,"AUSTRALIAN DOLLAR",0.00,,–,299,197 62,EURO,0.00,,–,159,187 63,"HONG KONG DOLLAR",0.00,,–,"1,042",134 64,"CANADIAN DOLLAR",0.00,,–,4,3 65,"JAPANESE YEN",0.00,,–,42,0 66,"SWEDISH KRONE",0.00,,–,-451,-48