Deutsche Bank's 2025 Delivery Estimates for Chinese EV Trio: Nio 450,000, Xpeng 400,000, Li Auto 700,000
Major bank rating丨Deutsche Bank: Maintains Buy rating on Xiaopeng Autos, with delivery volume potentially doubling by 2025.
Deutsche Bank's research report states that Xpeng's electric vehicle deliveries may more than double by 2025. Deutsche Bank expects Xpeng to deliver 400,000 Autos in 2025, a year-on-year increase of 110%. The bank pointed out that there are a large number of reserved Orders for some existing models of Xpeng, and there are also strong new product launch plans for 2025. Xpeng plans to launch at least four new products this year. Deutsche Bank maintains a "Buy" rating on Xpeng's Stocks, with a target price of 72.00 HKD.
XPeng Likely to More Than Double EV Deliveries in 2025 -- Market Talk
Xpeng Reports Deliveries of Smart EVs Jump 82% in December 2024
[Hong Kong Stock Connect] Xpeng Autos (09868) delivered a total of 91,507 Asia Vets electric vehicles in the fourth quarter of last year, a year-on-year growth of over 50%.
Jinwu Finance | Xiaopeng Autos (09868) announced the delivery data of smart vehicles for December and the fourth quarter of last year. In December 2024, Xiaopeng Autos delivered a total of 36,695 smart electric vehicles, an increase of 82% year-on-year and 19% month-on-month. Among them, the delivery volume of Xiaopeng MONA M03 exceeded 15,000 units, and the delivery volume of Xiaopeng P7+ exceeded 10,000 units. In the fourth quarter of 2024, Xiaopeng Autos cumulatively delivered 91,507 smart electric vehicles, marking a 52% increase compared to the same period last year. The total delivery volume for 2024 reached 190,068 units, an increase compared to the previous year.
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