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Tesla Q2 EPS Estimate Bumped Up, Rivian's Cold Shoulder To Union, Lucid's 70% Sales Jump And More: Biggest EV Stories Of The Week
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.'s (NASDAQ:TSLA) gain in the previous week. The Elon
Brokerage Focus: Haitong Securities maintains a “outperform” rating for Li Auto Inc. (02015), with improved intelligent capabilities driving the company's sales.
Jingu Caixun | Haitong Securities has released a research report stating that Li Auto Inc. (02015) has announced its latest progress on intelligent driving products and technologies at the 2024 Intelligent Driving Summer Conference. The bank believes that Li Auto's intelligent driving continues to grow, and the "end-to-end+VLM" automatic driving fast and slow system reflects the company's ability to continue to explore and promote in the intelligent driving field. With the upcoming full push of Li Auto's NOA without maps in July 2024 and further upgrading of active safety capabilities, the bank is bullish on the enhancement of intelligent capabilities driving the company's sales growth. The company's revenue is expected to be 14.4 billion yuan / 18.9 billion yuan / 25.2 billion yuan respectively in 2024/25/26.
China's 2024 NEV Sales Expected to Reach 11.5 Million, Says CAAM Secretary-general
A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent. For details, please visit CnEVPost.
Haitong Int'l: Maintains a "outperform" rating for Li Auto Inc. (02015) with a fair value range of HKD 89.26 to HKD 96.7.
Haitong Int'l is bullish on Li Auto Inc-W (02015) and expects its sales to increase due to the enhancement of its intelligent capabilities.
Cui Dongshu: Consumption upgrade drives a significant increase in the proportion of high-end car sales.
Zhicheng Financial APP learned that on July 11th, Cui Dongshu released an analysis of the market structure of passenger vehicle price segments.
Hong Kong Shares Rise 1.0%, Tracking Wall Street Gains -- Market Talk
Hong Kong's benchmark Hang Seng Index rises 1.0% to 17653.69 in early trade, tracking Wall Street gains overnight.
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