Insights
Deutsche Bank on Apr China EV sales: Li Auto shines while Nio struggles
Edison Yu's team continues to expect most automakers to be aggressive, as market share is a top priority.
China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank
Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat.
China EV industry sell-off creates opportunity, says Morgan Stanley
Li Auto leads the pack with superior execution, but risk-reward increasingly favors Xpeng and Nio after a drastic sell-off this year, Morgan Stanley said.
Xpeng Q4 earnings: Deutsche Bank's first look
Xpeng delivered weak 4Q results, accompanied by a muted 1Q outlook that shows March demand still under pressure, Deutsche Bank said.
Deutsche Bank explains why they continue to be bullish on Nio
The team calls Nio management's long-term strategy the Blue Sky Blueprint, saying it will be a moat for the EV maker, though it's very costly to build.
Nio Q4 earnings: Deutsche Bank's first look
"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
Fitch expects China's NEV sales to maintain strong growth, while ICE vehicle sales to decline
Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the low teens.
Deutsche Bank on China EV sales: Jan weak but price cuts should boost sales going forward
Deutsche Bank expects the latest round of price cuts to spur a big rebound in EV orders, with at least eight automakers already offering some type of price discount or promotion so far.
CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point
CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.
Deutsche Bank on China EV market: Jan looking soft as expected
China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.