Research Note
Analysts see limited impact of US tariffs on Chinese automakers
About 116,000 vehicles were exported from China to the US in 2024 and were dominated by US-branded models, analysts said.
Analysts expect Nio's battery swap business to break even by end of 2026
As Nio's car sales rise, battery swap services are expected to see rapid growth, analysts said.
JPMorgan raises 2026 sales forecast for BYD to 6.5 million from 6 million units
BYD could become the "Toyota" of the global EV market, said JPMorgan.
Analysts raise '5 big conjectures for 2025', 'Xiaomi acquiring Nio' included
A Nio executive quoted the report's authors as saying it was their internal sharing of their recognition of the Nio brand and the battery swap model.
Goldman Sachs expects Xiaomi to sell 350,000 EVs in 2025 and 655,000 in 2026
Goldman Sachs raised its EV sales forecast for Xiaomi, citing more favorable demand and manufacturing capacity outlook.
Deutsche Bank expects BYD to sell 5.52 million cars in 2025
Deutsche Bank forecasts the BYD brand to sell 5.1 million cars in 2025, Denza brand at 250,000 and Fang Cheng Bao at 160,000 cars.
Nio management reveals 2025 product roadmap in communication with Goldman Sachs
The Onvo sub-brand will launch two SUVs in the second half of 2025, and the Nio brand's facelifted models will have larger sizes, lower costs, and more LiDARs, according to Goldman Sachs.
Deutsche Bank expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000
Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance.
Deutsche Bank raises monthly sales estimate for Xpeng P7+ to 9,000 from 6,000
Deutsche Bank said the Xpeng P7+ is competitively priced and is longer, taller and has a larger wheelbase compared to its class rivals.
Deutsche Bank expects Xpeng P7+ sales to average 6,000 units per month
Deutsche Bank also expects Xpeng to launch six products in 2025 and an additional four new products in 2026.