Industry News3 Min Read RainManonFebruary 7, 2023 CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the…
CATL2 Min Read RainManonJune 29, 2021 CICC raises CATL price target after new deal with Tesla China's top CICC raised its price target on local power battery giant CATL after the company announced Monday that it has extended its battery…
Industry News2 Min Read RainManonJune 22, 2021 China auto industry expects chip shortage to ease in H2, CICC says CICC is bullish on the whole industry chain boom and recommends focusing on Nio and Li Auto.
Industry News2 Min Read RainManonMay 26, 2021 CICC sees China auto sector not far from inflection point as two major concerns gain marginal improvements CICC said the marginal improvements are expected to drive sales and earnings higher in the auto sector in the second half of the year.
Industry News5 Min Read RainManonMay 19, 2021 CICC: Software profits, service revenues to become new valuation anchors for auto industry CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to…
Industry News2 Min Read RainManonApril 21, 2021 CICC says more phone makers joining auto chain is irreversible trend In today's China, whether to jump on the car-making bandwagon seems to be a choice every powerful tech company has to make.
Industry News3 Min Read RainManonMarch 12, 2021 CICC expects Chinese EV trio’s stock price to go upward, but cuts Nio and Li Auto price targets CICC cut its price target on Nio by 27% to $62 from the previous $85, saying this is due to the pullback in Tesla as a "valuation anchor" for…
Nio3 Min Read RainManonMarch 3, 2021 CICC maintains $85 price target for Nio, says sales expected to remain high in 2021 CICC said it expects Nio to sell 93,000 units in 2021 and is bullish on the company's medium- to long-term volume growth.
Nio2 Min Read RainManonFebruary 2, 2021 CICC expects Nio to see strong demand ahead of Chinese New Year Nio announced January deliveries of 7,225 units, which China's top investment bank CICC believes is in line with the company's planned monthly…
Nio2 Min Read RainManonJanuary 4, 2021 CICC raises Nio price target to $60, says Model Y price cut will have limited impact CICC maintained its Outperform rating on Nio and raised its price target by 15% to $60, corresponding to a 23% upside.