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<Research>G Sachs Expects XIAOMI-W (01810.HK) YU7 to Be Launched in Jun/Jul as Planned, Keeps Rating at Buy
The second phase of XIAOMI-W (01810.HK)'s EV plant is ready to start production, and is likely to begin trial production in May, Goldman Sachs released a research report saying...
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<Research>G Sachs Expects XIAOMI-W (01810.HK) YU7 to Be Launched in Jun/Jul as Planned, Keeps Rating at Buy
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The second phase of XIAOMI-W (01810.HK)  +2.500 (+5.269%)    Short selling $1.54B; Ratio 12.937%   's EV plant is ready to start production, and is likely to begin trial production in May, Goldman Sachs released a research report saying.

As the order volume of XIAOMI-W's SU7 has recently returned to a more normal level, it is expected that the production commencement of the second phase of the plant will effectively boost XIAOMI-W's EV productive forces for both the Xiaomi SU7 and the YU7 series.

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The broker now believed that the YU7 can still be officially launched in June and July as planned, and maintained its 2025/ 2026 YU7 sales forecasts at approx. 85,000/ 360,000 units.

Taking into account the impact of macro uncertainties brought by US tariffs on overseas business, Goldman Sachs lowered its 2025-2027 adjusted net profit forecasts for XIAOMI-W's non-EV business by 4-9%, and chopped its target price from $63 to $59, with rating kept at Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-30 16:25.)

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