Research Note
Nio most shorted Chinese ADR in Sept, says Morgan Stanley
New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.
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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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Lithium prices in China expected to stop falling in Sept as suppliers cut production, says TrendForce
Battery-grade lithium carbonate prices are still sinking, but lithium suppliers have begun to cut production and the market is looking forward to the September-October demand seaso
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Deutsche Bank on China EV sales: Nio, Xpeng could see better volumes in H2, while Li Auto could be in more defensive position
EV sales generally surprised to the upside in August as new product cycles continue to garner robust demand, according to Edison Yu's team.
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Nio Q2 earnings: Deutsche Bank's 1st look
Deutsche Bank says Nio's third-quarter delivery guidance is below their expectations, which could mean that new order flow will be hard to sustain after the initial surge.
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Deutsche Bank on Xpeng-Didi deal: Ride-hailing giant's vast network of drivers could help sales
The key to the deal is that Xpeng can get more sales by tapping into Didi's massive network of 19 million drivers in China, Deutsche Bank said.
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Nio store traffic remains healthy, order inflow picks up in mid-Aug, says Morgan Stanley
Nio's overall order intake peaked in July after a significant price cut in June, according to Morgan Stanley.
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Deutsche Bank on Xpeng stock pullback: Markets missing the forest for the trees
Shares of Xpeng have given up the entire rally that followed the Volkswagen announcement, suggesting that the markets are missing the forest for the trees, Deutsche Bank said.
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Xpeng Q2 earnings: Deutsche Bank's 1st look
Xpeng reported second-quarter earnings today, and Deutsche Bank analyst Edison Yu's team provided their first impressions.
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BofA further raises Nio price target, expects deliveries of 20,000-21,000 per month in Aug and Sept
Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter
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