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<Research>Citi: XIAOMI-W's Annual EV Shipment Likely to Achieve 400K Unit Target
Recommend 13 Positive 29 Negative 16 |
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XIAOMI-W (01810.HK) delivered over 40,000 electric vehicles (EVs) in November. According to Citi's report, investors might expect actual shipments to range from 48,000 to 50,000 vehicles. Combining Yiche's EV shipment data from January to October, Citi estimates that XIAOMI-W's cumulative EV deliveries this year may exceed 355,000 units, reaching 89% of its latest annual delivery target of 400,000 vehicles. Based on the current delivery speed of over 10,000 vehicles per week or nearly 50,000 vehicles per month, XIAOMI-W's annual shipment is likely to achieve the 400,000 vehicle target. Citi gave XIAOMI-W a Buy rating and a target price of HKD50. AAStocks Financial News |
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