Daiwa publishes reportluciabetslot, upgraded Xiaopeng Automobile's rating from "hold" to "buy" to reflect that the company provides technology research and development services to Volkswagen and enhances its ability to improve gross profit margins. I believe that future cooperation with Volkswagen or other OEM production will help the company reach break-even early, with a target price of 9luciabetslot$.8 was raised to $11.
In response to weak sales of P5 and G9 year-to-date, the bank lowered its revenue forecast by 7% to 9% for this year and next, and lowered its sales forecast for this year from the original 241,000 units to 211,000 units. However, the loss per vehicle narrowed from the previous estimate of 44,000 yuan to 37,000 yuan due to the higher profit margin of technology research and development services provided to the public.