JP Morgan Raises Prices Target Price's of both NIO and Xpeng
The renowned American multinational investment bank and financial services holding company raised NIO and Xpengs target prices to USD 46 and USD 43 respectively.
JP Morgan analyst Rebecca Wen believes that the company will become a long-term winner in the field of high-end electric vehicles. By 2025, the company will have a 30% market share of high-end EV's.
As for Xpeng, Nick Lai regards it as the main beneficiary of 'China's multi-year smart electric vehicle trend' and expects its penetration rate to increase from less than 5% in 2019 to 13% or higher in 2025.
This text is a result of machine translation.
Related companies：
Briefing Apr 01, 2021 07:31 PM
· Automotive
EV manufacturer XPeng publishes good sales growth figures
Briefing Mar 26, 2021 04:40 PM
· Automotive
EV manufacturer Xpeng presents good autonomous driving figures
In depth
Briefing Jan 29, 2021 02:18 PM
· Automotive
Xiaopeng automobile: recall 13399 Xiaopeng G3 vehicles
Briefing Jan 26, 2021 10:06 AM
· Automotive
Gu Hongdi, President of Xiaopeng automobile, told the media that Xiaopeng noticed the shortage of chips, but it was not affected.
Dec 09, 2020 09:37 AM
Nov 06, 2020 10:00 AM
Research
Industrials, Financials, Consumer StaplesTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Industrials, Financials, Consumer StaplesLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Briefing Jan 20, 2021 12:19 PM
· Automotive
Zheng Xiancong, former executive vice president of Weilai, joined Foxconn as CEO of electric vehicle platform
Briefing Jan 09, 2021 08:22 PM
Weilai released its first flagship car nioet7, which is expected to be delivered in the first quarter of 2022 with a price of 378000 before subsidy
Briefing Dec 23, 2020 04:21 PM
· Automotive
Weilai will release its first car on January 9, 2021
Briefing Dec 14, 2020 05:22 PM
· Automotive
The issuance price of Weilai ads is 39 US dollars, and the largest raised capital is more than 3 billion US dollars
Insight
Briefing Dec 14, 2020 02:32 PM
Weilai and State Grid Electric signed deep cooperation framework agreement
Briefing Nov 27, 2020 10:13 PM
· Automotive
Xiaopeng auto will add 20 free charging cities at the end of the month
Briefing Nov 26, 2020 07:10 AM
· Automotive
Hot stocks in China were mixed, while Xiaopeng auto fell 9.17%
Automotive
Xpeng Banks CNY 500 Million from Guangdong Govt-Backed Fund
"As a local company in Guandong province, Xpeng has been upholding the innovative spirit of Guangdong enterprises and is committed to exploring the future of the industry," according to Co-founder He Xiaopeng.
Mar 15, 2021 03:15 PM
Briefing Nov 20, 2020 11:02 AM
· Automotive
Xiaopeng automobile: laser radar technology will be added from 2021
Briefing Nov 20, 2020 10:55 AM
· Automotive
Xiaopeng automobile will add laser radar technology from 2021
Briefing Nov 19, 2020 11:22 PM
· Automotive
New energy vehicle concept stocks up
See more
Read next
Insight
Technology, Communication
Three Opportunities Brought by Archegos Capital's Outburst
Apr 12, 2021 12:31 PM
Insight
Industrials
Huadi International Group Well Positioned to Recover Quickly Post-COVID
Apr 09, 2021 05:14 PM
EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.