Smart and Sustainable Electric Mobility
Citi analysts in a research note earlier this month expected the SU7 to deliver around 55,000 to 70,000 units for the full year.
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Xiaomi EV's impact on EV startup shares may be relatively minor at this point, as more meaningful volume upside still comes from internal combustion engine vehicle replacement, Morgan Stanley said.
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Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
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Morgan Stanley said it sees multiple inflection points in CATL's fundamentals and upgraded the company to Overweight from Equal Weight.
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Nio reported mixed fourth-quarter results while providing a better than feared first-quarter outlook, said Deutsche Bank.
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Focus will mostly be on the gross margin, and Nio management's guidance for first-quarter deliveries are expected to be weak.
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Li Auto reported strong fourth-quarter results and provided a better-than-expected outlook for first-quarter sales, Deutsche Bank said.
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Pouch-type ternary power battery cells saw the biggest drop, falling 7.3 percent to $0.51 per Wh in January, TrendForce said.
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BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.
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China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.
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