According to a research report released by Dongwu Securities, the boom in electric vehicles was maintained, Q2 production schedule increased 30% + month-on-month, annual demand increased 25-30%, the “trade-in” policy or stimulating demand exceeded expectations, and capacity utilization continued to increase. The industry's capacity utilization rate is expected to rise to 80% + in 25 years. Profit bottomed out in Q1, prices in Q2 were stable, and prices of some low-priced orders recovered. Profit increased slightly month-on-month, and reversed definitively in 25 years. Currently, there are significant marginal changes in electric vehicles. Lithium battery leaders continue to be promoted, with Ningde Era (300750.SZ), Kodaly (002850.SZ), Hunan Yuneng (301358.SZ), etc.
东吴证券电动车5月月报：政策落地需求有望提速 中游盈利底部明确
Dongwu Securities Electric Vehicle Monthly Report for May: Policy implementation is expected to accelerate demand, midstream profit bottom is clear
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.