CITIC Securities expects China’s NEV sales to reach record high in June
CITIC Securities expects BYD to sell 140,320 units, Tesla China 87,182 units, Xpeng 19,281 units, Li Auto 19,447 units and Nio 10,772 units in June.
Citi cuts price target on Nio as bank changes valuation approach to China’s EV sector
Citi lowered its price target on Nio to $41.1 from $87 and raised its price targets on BYD, Xpeng, and Li Auto, continuing to name Nio and BYD…
CICC sees 30% upside for Nio, bullish on growth momentum for NT 2.0 platform models
CICC says Nio is a leader in the premium smart electric vehicle segment, and that its NT 2.0 platform models will bring new growth momentum.
Nio’s product supercycle looks intact, says Deutsche Bank
"Looking ahead, we can envision the stock outperforming in the 2H of the year at the very least on a relative basis," Deutsche Bank analyst…
CITIC Securities sees BYD’s fair market cap at RMB 1.4 trillion
CITIC Securities was one of a handful of China-based brokerages last year that believed BYD's market capitalization would reach 1 trillion…
Deutsche Bank’s first look at Nio’s Q1 earnings
"We continue to believe Nio can exit 2022 at around a 25,000 monthly deliveries run-rate," said Edison Yu's team.
Kaiyuan Securities initiates coverage on Nio with ‘Outperform’ rating, says new models will drive sales growth
The analyst expects Nio to deliver 140,000, 200,000 and 270,000 units from 2022-2024, respectively.
Nio to report Q1 earnings on June 9, what to watch?
Deutsche Bank analyst Edison Yu's team cut their price target on Nio by $5 to $45, but said Nio is on track to return to its product super…
Xpeng making bold strategic pivots that should bear fruit longer term, says Deutsche Bank
Xpeng's management is repositioning its vehicle lineup to surgically go after the premium market, according to Edison Yu's team.
Deutsche Bank on China EV deliveries in May: Recovery getting some traction
Chinese EV makers are expected to see a material improvement in deliveries in June as work and production resume in Shanghai, according to…