China EV Market Insight
EVs to contribute at least 62% of global car sales by 2030, study says
If sales continue up the S-curves, EVs will make up between 62 percent and 86 percent of global car sales by 2030, with China's EV market share reaching at least 90 percent.
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Deutsche Bank on China EV sales: Jul shows strength of new product cycles
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,
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China's gasoline demand could peak as early as next year as EV sales soar
The IEA now expects China's gasoline demand to peak in 2024, bringing forward previous forecasts of demand leveling off in 2025/2026.
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Morgan Stanley raises price targets on Chinese EV trio, sees potential re-rating opportunities
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.
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VW deal marks time for 'Xpeng Inside', says Morgan Stanley
Volkswagen's deal with Xpeng could be the first of many strategic partnerships between global automakers and Chinese EV startups, Morgan Stanley said.
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Deutsche Bank on VW-Xpeng deal: Deep collaboration increasingly necessary in China's competitive auto market
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.
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Buying BEV platform in China could be 'big bang' for VW stock to win over large investors, says Deutsche Bank
Buying a BEV platform in China could be one of the "big bangs" needed for Volkswagen stock to break out of what can by now only be characterized as being largely ignored by many of
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Goldman Sachs initiates coverage on Xpeng with Buy rating, bullish on G6 potential
Goldman Sachs believes the market has yet to fully reflect the potential of the G6, with the model ranking No.1 among comparable models, and which is the most competitive product r
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Morgan Stanley offers views on Nio's recent outperformance, expects 15,000 deliveries in Jul
Amid positive sector sentiment, investors are inclined to take opportunities on laggards like Nio to play the catch-up, Morgan Stanley said.
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Local brands expected to capture over 50% of China's auto market for 1st time this year, AlixPartners says
Chinese automakers have now crossed the inflection point for global influence, with local brands expected to hold 65 percent of the market share in China by 2030, AlixPartners said
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