"KARS Holdings","As of 2025-11-07","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"CONTEMPORARY A-A",4.96,300750,CNE100003662,"71,420","3,962,132" 2,"TESLA INC",4.54,TSLA,US88160R1014,"8,449","3,629,014" 3,"XPENG INC-A SHRS",3.82,9868,KYG982AW1003,"261,000","3,050,512" 4,"PANASONIC HOLDINGS CORP",3.72,6752,JP3866800000,"265,000","2,977,032" 5,"EVE ENERGY CO LTD-A",3.27,300014,CNE100000GS4,"213,160","2,613,205" 6,"CMOC GROUP LTD-A",3.25,603993,CNE100001NR0,"1,119,200","2,597,459" 7,"BYD CO LTD -A",3.12,002594,CNE100001526,"182,900","2,494,511" 8,"NIO INC-CLASS A",3.01,9866,KYG6525F1028,"337,580","2,404,666" 9,"GEELY AUTOMOBILE",2.94,175,KYG3777B1032,"1,032,000","2,347,339" 10,"SAMSUNG SDI CO LTD",2.87,006400,KR7006400006,"10,941","2,297,835" 11,"LI AUTO INC-CLASS A",2.81,2015,KYG5479M1050,"225,300","2,245,077" 12,"ALBEMARLE CORP",2.78,ALB,US0126531013,"22,879","2,223,381" 13,"RIVIAN AUTOMOTIVE INC-A",2.71,RIVN,US76954A1034,"142,486","2,170,062" 14,"XIAOMI CORP-CLASS B",2.70,1810,KYG9830T1067,"396,800","2,155,083" 15,"PILBARA MINERALS LTD",2.57,PLS,AU000000PLS0,"1,083,790","2,055,503" 16,"LG ENERGY SOLUTION",2.50,373220,KR7373220003,"6,293","2,001,926" 17,"SERES GROUP CO L-A",2.32,601127,CNE1000028B9,"95,400","1,854,911" 18,"ECOPRO BM CO LTD",2.24,247540,KR7247540008,"17,283","1,792,355" 19,"Dr Ing hc F Porsche AG",2.09,P911,DE000PAG9113,"31,834","1,671,421" 20,"Lynas Rare Earths",2.03,LYC,AU000000LYC6,"185,394","1,622,474" 21,"ZHEJIANG HUAYO-A",2.00,603799,CNE100001VW3,"177,163","1,599,409" 22,"GANFENG LITHIU-A",1.98,002460,CNE100000SF6,"161,257","1,583,653" 23,SQM/B,1.94,SQM/B,CLP8716X1082,"32,175","1,550,936" 24,"POSCO FUTURE M CO LTD",1.91,003670,KR7003670007,"10,749","1,527,140" 25,"MP MATERIALS CORP",1.83,MP,US5533681012,"24,980","1,463,828" 26,"ZHEJIANG LEAPM-H",1.68,9863,CNE100005K77,"180,900","1,344,419" 27,UMICORE,1.62,UMI,BE0974320526,"68,041","1,293,702" 28,"TIANQI LITHIUM CORP-A",1.52,002466,CNE100000T32,"152,000","1,215,480" 29,"WUXI LEAD INTE-A",1.52,300450,CNE100001ZF9,"161,000","1,211,544" 30,"GUANGZHOU TINC-A",1.43,002709,CNE100001RG4,"186,294","1,142,576" 31,"PLUG POWER INC",1.38,PLUG,US72919P2020,"417,261","1,105,742" 32,"GOTION HIGH-TECH CO LTD-A",1.32,002074,CNE000001NY7,"170,389","1,058,894" 33,"HUNAN YUNENG N-A",1.10,301358,CNE100005YS6,"76,000","879,564" 34,"SHANGHAI PUTAILA",1.08,603659,CNE100002TX3,"204,899","863,952" 35,"IGO LTD",1.06,IGO,AU000000IGO4,"261,156","843,540" 36,"MINERAL RESOURCES LTD",1.03,MIN,AU000000MIN4,"29,919","824,240" 37,"XIAMEN TUNGSTEN CO LTD-A",0.97,600549,CNE000001D15,"158,451","776,158" 38,"VOLVO CAR AB-B",0.95,VOLCARB,SE0021628898,"213,459","760,832" 39,"LUCID GROUP INC",0.93,LCID,US5494981039,"42,821","739,938" 40,"L&F CO LTD",0.90,066970,KR7066970005,"8,639","722,783" 41,"YUNNAN ENERGY-A",0.87,002812,CNE100002BR3,"97,300","699,018" 42,"CNGR ADVANCED -A",0.81,300919,CNE1000049X9,"93,570","647,932" 43,"BAIC BLUEPARK-A",0.80,600733,CNE000000LP1,"557,800","636,318" 44,"YADEA GROUP HOLDINGS LTD",0.79,1585,KYG9830F1063,"396,000","628,317" 45,"SHENZHEN KEDAL-A",0.79,002850,CNE100002JW6,"27,736","628,213" 46,"GEM CO LTD-A",0.77,002340,CNE100000KT4,"516,040","617,643" 47,"BEIJING EASPRI-A",0.67,300073,CNE100000NN1,"54,400","534,168" 48,"ANEKA TAMBANG TBK",0.65,ANTM,ID1000106602,"3,000,200","521,477" 49,"ZEEKR INTELL-ADR",0.58,ZK,US98923K1034,"16,872","465,161" 50,"QINGDAO TGOOD ELECTRIC-A",0.58,300001,CNE100000H69,"106,400","460,726" 51,Cash,0.56,,–,"445,799","445,799" 52,"NIDEC CORP",0.55,6594,JP3734800000,"33,500","442,073" 53,"ZHONGSHAN BROA-A",0.51,002249,CNE100000C07,"246,700","409,159" 54,"CHINA BAOAN GROUP-A",0.51,000009,CNE000000222,"258,707","406,204" 55,"NINGBO SHANSHAN CO LTD-A",0.51,600884,CNE000000JJ8,"216,600","403,914" 56,"CHENGXIN LITHI-A",0.45,2240,CNE100000BN6,"94,700","362,759" 57,"GUANGZHOU AUTO-H",0.45,2238,CNE100000Q35,"838,000","358,803" 58,"FARASIS ENERGY G",0.40,688567,CNE1000041T4,"122,358","321,742" 59,"SHENZHEN SENIO-A",0.36,300568,CNE100002DP3,"134,700","284,452" 60,EURO,0.00,,–,185,214 61,"AUSTRALIAN DOLLAR",0.00,,–,300,194 62,"HONG KONG DOLLAR",0.00,,–,"1,045",134 63,"CANADIAN DOLLAR",0.00,,–,4,3 64,"JAPANESE YEN",0.00,,–,42,0 65,"SWEDISH KRONE",0.00,,–,-451,-47