[Li Auto Inc. (LI US) Earnings Review]: Intact Model Cycle Drives Growth in 2023
We reiterate Li Auto as our top pick, because of 1) intact model cycle (L9/L8/L7); 2) margin upside in 2023; and 3) less impacted by Tesla’s price...
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CATL Offering Steep Discounts to Automakers in Quid Pro Quo Deal, Source Says
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric-vehicle (EV) battery-maker, is in talks to offer automakers steeply...
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REPT BATTERO Energy Pre-IPO - The Negatives - Is Only Now Aiming for Sustainable Profits
REPT BATTERO Energy (REPT HK) is looking to raise US$1bn in its upcoming Hong Kong IPO. In this note we talk about the not-so-positive aspects of...
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[Li Auto (LI US, BUY, TP US$40) Earnings Preview]: Riding Intact Model Cycle in 2023
We expect Li Auto to report 4Q22 top line of RMB 17.5bn, in line with consensus, and recovered GPM of 21.8%, vs 12.7% in Q3, driven by improved...
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Hesai Group IPO Trading - Managed to Break the Drought
Hesai Group (HSAI US) raised around US$190m in its US IPO. We have looked at the company's performance in our previous note, in this note we will...
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