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Express News | Jack Ma-backed, Ant Group Co., utilized semiconductors manufactured in China to create methods for training AI models, resulting in a 20% reduction in costs, according to sources (Bloomberg)
Deutsche Bank: Assigns Xiaopeng Autos-W a "Buy" rating with a Target Price of 110 Hong Kong dollars.
Deutsche Bank has released a Research Report stating that it gives XPeng Motors-W (09868) a 'Buy' rating, with the Target Price raised from 73 HKD to 110 HKD. The bank noted that XPeng's performance in the fourth quarter of fiscal year 2024 essentially met expectations, and considering its order flow exceeded expectations, it has adjusted XPeng's annual sales forecast from 0.4 million units to 0.48 million units this year, which includes 0.068 million units of the 'G6' and 0.0373 million units of the 'G9 SUV'. On a quarterly basis, Deutsche Bank expects XPeng to sell 0.093 million, 0.107 million, 0.132 million, and 0.148 million vehicles in each quarter this year, primarily benefiting from its continuously expanding product lineup.
Deutsche Bank: Gives XPeng Motors-W (09868) a "Buy" rating with a Target Price of 110 Hong Kong dollars.
The bank forecasts that Xiaopeng will record a positive Net income of 0.627 billion yuan for the entire 2025 fiscal year.
Express News | Xpeng : Jefferies Raises Target Price to $28.8 From $18.1
CPCA Expects China Mar NEV Retail Sales to Rebound to 1 Million Units
The market continues to shrink and adjust, raising concerns about a retreat in the Siasun Robot&Automation Sector. Can the deep-sea Technology Concept hold the flag and launch a counterattack?
Track the entire lifecycle of the main Sector.
lalala101 : Fully agree.
74216494 : Next year NIO profitable ? How ? With these reported increasing losses ? Which will be even higher this quarter ?
102332870 : Xpeng with 30k+ monthly deliveries still cannot breakeven, Nio will need 45k at least
73162089 : XPENG's revenue is much smaller than NIO. NIO has better and wider product ranges than XPENG. The price of 1 NIO car is about 3 XPENG cars. This means 30,000 XPENG cars are equivalent to 10,000 NIO cars in terms of sales amount.