Nio's effective pricing adjustments and more models offered to the market have driven solid sales, BofA said.
The post BofA raises price target on Nio, expects solid delivery momentum to continue into Q4 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Deutsche Bank expects Xpeng to report mixed results for the second quarter, while the outlook for the third and fourth quarters will show meaningful sequential improvement driven by a strong G6 order book.
The post Xpeng Q2 earnings preview: No big surprises, but H2 outlook expected to improve meaningfully appeared first on CnEVPost.
For more articles, please visit CnEVPost.
While Li Auto's underlying execution remains strong, Nio, Xpeng will be more compelling growth stories in coming quarters, said Deutsche Bank.
The post Deutsche Bank on Li Auto Q2 earnings: Tough to top already high bar appeared first on CnEVPost.
For more articles, please visit CnEVPost.
A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said.
The post Morgan Stanley expects Nio shares 'very likely' to rise over next 15 days appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Following a price cut and a slew of new models, Nio's sales efficiency has improved materially and should maintain this level of demand for at least the rest of the third quarter, said Edison Yu's team.
The post Deutsche Bank on China EV sales: Jul shows strength of new product cycles appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Morgan Stanley raised its price target on Nio to $18.7, on Xpeng to $25.4, and on Li Auto to $53, all keeping their ratings at Overweight.
The post Morgan Stanley raises price targets on Chinese EV trio, sees potential re-rating opportunities appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Volkswagen's deal with Xpeng could be the first of many strategic partnerships between global automakers and Chinese EV startups, Morgan Stanley said.
The post VW deal marks time for 'Xpeng Inside', says Morgan Stanley appeared first on CnEVPost.
For more articles, please visit CnEVPost.
It's another sign that China's auto industry is changing rapidly and becoming hyper competitive, forcing major changes at traditional OEMs, Edison Yu's team said.
The post Deutsche Bank on VW-Xpeng deal: Deep collaboration increasingly necessary in China's competitive auto market appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Pacific Securities has a buy rating on Nio's Hong Kong-traded shares, with a target price of HK$103.62, implying an upside of 26.14 percent.
The post Pacific Securities initiates coverage on Nio, expects 160,000 EV deliveries in 2023 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The team has a HK$71.86 price target on Xpeng's Hong Kong-traded shares, implying an upside of 25.63 percent.
The post Pacific Securities initiates coverage on Xpeng, expects new models X9 and G7 to launch in H2 appeared first on CnEVPost.
For more articles, please visit CnEVPost.