Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Rates CATL (300750.SZ) at Overweight as Sodium Era Coming
Recommend 5 Positive 20 Negative 5 |
||||
|
||||
|
CATL (03750.HK) is strategically shifting from lithium batteries to more cost-effective sodium-ion batteries, Morgan Stanley published a research report saying. The broker believed that the launch of sodium-ion products marks the coming of the 'sodium era', especially considering its 'launch-and-mass-production-immediately' model. In terms of market penetration, sodium-ion batteries are expected to make initial progress in light trucks and passenger vehicles, specifically in the A0-class (small) and A00-class (micro) segments. Beyond auto applications, the broker also identified huge potential for sodium-ion technology to replace lithium iron phosphate batteries in the energy storage systems market. Morgan Stanley believed that these characteristics make sodium-ion batteries a viable and economical alternative to lithium iron phosphate batteries in various application scenarios. Therefore, the broker rated CATL's A-shares at Overweight, with a target price of RMB490. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
