Insights

CITIC Securities is bullish on ET5 becoming a top seller and Nio's potential to expand in overseas markets.

After a relatively uneventful 2021, Nio will see a product-rich year, and Edison Yu's team laid out what they see as the catalyst path for Nio stock in 2022.

Guosen Securities has an HKD 206-223 price target on Xpeng's shares traded in Hong Kong, implying upside of 17 percent to 26 percent.

Edison Yu's team expects Nio ET5 deliveries to likely be just 9,000 units next year, with that number expected to rise to 65,000 units in 2023 as capacity ramps up.

Nio will host Nio Day 2021 this Saturday in Suzhou, a neighboring city to Shanghai.

Edison Yu's team updated their sales forecast for Li Auto in 2022, expecting the company to deliver an average of 10,000 Li ONEs per month and 15,000 units of the new SUV next year.

According to CICC, a daily service count of 100 may be the break-even point for swap station operators, and a daily service of more than 160 would allow them to make good profits.

The law isn't a new development, and stocks generally shrug off the news after each "new cycle," according to Edison Yu's team.

Deutsche Bank's Edison Yu's team sent their first look to investors following Li Auto's third-quarter report.

Daiwa Securities raised their forecast for Xpeng's vehicle deliveries next year from 90,000 units to 185,000 units.