Automotive Nov 25, 2020 10:10 AM (GMT+8) · EqualOcean
Wu Xiaofei, chief analyst of Guotai Junan Automobile Co., Ltd., said that the valuation of new automobile manufacturing forces such as Weilai is constantly reaching new highs, reflecting the market's recognition of its new profit model and growth certainty. The timeliness of the strategic adjustment of independent brands and the supporting advantages of China's new energy industry chain make it also have the certainty of growth in the field of new energy vehicles; however, there is a big gap in the creation of new profit model, but it is gradually improving. The continuous improvement of two aspects promotes the value revaluation of new energy vehicle business of independent brands, and the recommended targets are Geely Automobile, Chang'an Automobile, GAC group, etc.

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