"KARS Holdings","As of 2025-11-11","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"CONTEMPORARY A-A",4.72,300750,CNE100003662,"71,420","3,868,023" 2,"TESLA INC",4.54,TSLA,US88160R1014,"8,449","3,714,349" 3,"XPENG INC-A SHRS",4.45,9868,KYG982AW1003,"261,000","3,644,055" 4,"PANASONIC HOLDINGS CORP",3.59,6752,JP3866800000,"265,000","2,936,796" 5,"RIVIAN AUTOMOTIVE INC-A",3.14,RIVN,US76954A1034,"142,486","2,567,598" 6,"BYD CO LTD -A",3.10,002594,CNE100001526,"182,900","2,535,754" 7,"CMOC GROUP LTD-A",3.09,603993,CNE100001NR0,"1,119,200","2,532,418" 8,"EVE ENERGY CO LTD-A",3.07,300014,CNE100000GS4,"213,160","2,515,179" 9,"PILBARA MINERALS LTD",2.97,PLS,AU000000PLS0,"1,083,790","2,431,560" 10,"SAMSUNG SDI CO LTD",2.94,006400,KR7006400006,"10,941","2,407,244" 11,"GEELY AUTOMOBILE",2.94,175,KYG3777B1032,"1,032,000","2,406,316" 12,"NIO INC-CLASS A",2.91,9866,KYG6525F1028,"337,580","2,384,865" 13,"LI AUTO INC-CLASS A",2.82,2015,KYG5479M1050,"225,300","2,309,201" 14,"ALBEMARLE CORP",2.79,ALB,US0126531013,"22,029","2,288,373" 15,"XIAOMI CORP-CLASS B",2.68,1810,KYG9830T1067,"396,800","2,194,587" 16,"LG ENERGY SOLUTION",2.48,373220,KR7373220003,"6,293","2,033,884" 17,"ECOPRO BM CO LTD",2.22,247540,KR7247540008,"17,283","1,813,918" 18,"SERES GROUP CO L-A",2.19,601127,CNE1000028B9,"95,400","1,793,356" 19,"Dr Ing hc F Porsche AG",2.12,P911,DE000PAG9113,"31,834","1,738,165" 20,"Lynas Rare Earths",2.10,LYC,AU000000LYC6,"185,394","1,719,399" 21,SQM/B,2.03,SQM/B,CLP8716X1082,"32,175","1,658,193" 22,"MP MATERIALS CORP",1.89,MP,US5533681012,"24,980","1,547,511" 23,"POSCO FUTURE M CO LTD",1.89,003670,KR7003670007,"10,749","1,546,064" 24,"ZHEJIANG HUAYO-A",1.88,603799,CNE100001VW3,"177,163","1,539,520" 25,"GANFENG LITHIU-A",1.87,002460,CNE100000SF6,"161,257","1,534,249" 26,"ZHEJIANG LEAPM-H",1.64,9863,CNE100005K77,"180,900","1,342,000" 27,UMICORE,1.61,UMI,BE0974320526,"68,041","1,318,312" 28,"TIANQI LITHIUM CORP-A",1.44,002466,CNE100000T32,"152,000","1,181,022" 29,"GUANGZHOU TINC-A",1.39,002709,CNE100001RG4,"186,294","1,140,821" 30,"WUXI LEAD INTE-A",1.39,300450,CNE100001ZF9,"161,000","1,139,243" 31,"PLUG POWER INC",1.29,PLUG,US72919P2020,"417,261","1,055,670" 32,"GOTION HIGH-TECH CO LTD-A",1.25,002074,CNE000001NY7,"170,389","1,020,927" 33,"IGO LTD",1.17,IGO,AU000000IGO4,"261,156","958,936" 34,"MINERAL RESOURCES LTD",1.12,MIN,AU000000MIN4,"29,919","915,559" 35,"HUNAN YUNENG N-A",1.06,301358,CNE100005YS6,"76,000","864,631" 36,"SHANGHAI PUTAILA",1.02,603659,CNE100002TX3,"204,899","838,613" 37,"VOLVO CAR AB-B",0.99,VOLCARB,SE0021628898,"213,459","807,154" 38,"XIAMEN TUNGSTEN CO LTD-A",0.93,600549,CNE000001D15,"158,451","762,901" 39,"L&F CO LTD",0.92,066970,KR7066970005,"8,639","750,268" 40,"YUNNAN ENERGY-A",0.90,002812,CNE100002BR3,"97,300","738,243" 41,"LUCID GROUP INC",0.89,LCID,US5494981039,"42,821","727,520" 42,"CNGR ADVANCED -A",0.82,300919,CNE1000049X9,"93,570","670,122" 43,"YADEA GROUP HOLDINGS LTD",0.77,1585,KYG9830F1063,"396,000","634,423" 44,"SHENZHEN KEDAL-A",0.77,002850,CNE100002JW6,"27,736","629,570" 45,"BAIC BLUEPARK-A",0.76,600733,CNE000000LP1,"557,800","620,492" 46,"GEM CO LTD-A",0.74,002340,CNE100000KT4,"516,040","609,553" 47,Cash,0.64,,–,"527,724","527,724" 48,"ANEKA TAMBANG TBK",0.63,ANTM,ID1000106602,"3,000,200","517,865" 49,"BEIJING EASPRI-A",0.61,300073,CNE100000NN1,"54,400","499,088" 50,"NIDEC CORP",0.58,6594,JP3734800000,"33,500","476,660" 51,"ZEEKR INTELL-ADR",0.58,ZK,US98923K1034,"16,872","473,091" 52,"QINGDAO TGOOD ELECTRIC-A",0.53,300001,CNE100000H69,"106,400","437,866" 53,"CHINA BAOAN GROUP-A",0.50,000009,CNE000000222,"258,707","411,327" 54,"NINGBO SHANSHAN CO LTD-A",0.50,600884,CNE000000JJ8,"216,600","407,962" 55,"ZHONGSHAN BROA-A",0.47,002249,CNE100000C07,"246,700","388,771" 56,"CHENGXIN LITHI-A",0.47,2240,CNE100000BN6,"94,700","383,865" 57,"GUANGZHOU AUTO-H",0.44,2238,CNE100000Q35,"838,000","363,403" 58,"FARASIS ENERGY G",0.38,688567,CNE1000041T4,"122,358","313,293" 59,"SHENZHEN SENIO-A",0.35,300568,CNE100002DP3,"134,700","287,948" 60,EURO,0.00,,–,185,214 61,"AUSTRALIAN DOLLAR",0.00,,–,300,195 62,"HONG KONG DOLLAR",0.00,,–,"1,045",135 63,"CANADIAN DOLLAR",0.00,,–,4,3 64,"JAPANESE YEN",0.00,,–,42,0 65,"SWEDISH KRONE",0.00,,–,-451,-48