Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them.
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Is 270 miles enough of a rated range in a new electric vehicle? As the Department of Energy pointed out this past week, 270 miles was the median rated range for new 2023-model-year EVs. Meanwhile, the top EV range rating was once again earned by Lucid—for a version of the 2023 Lucid Air Grand Touring. Various studies over the past decade... 