Home Business CITIC Securities: New Energy Automobile Industry’s Prosperity Continues to Improve Profits Significantly Increases |

CITIC Securities: New Energy Automobile Industry’s Prosperity Continues to Improve Profits Significantly Increases |

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Summary

[CITIC Securities: New energy automobile industry continues to improve and profitability has increased significantly]CITIC Securities Research Report pointed out that we believe that global new energy vehicles are expected to continue to grow at a high rate in 2022. From a global perspective, China’s electrification supply chain is developing rapidly and is the most complete. Leading companies have already supplied overseas, highlighting their value as a global high-quality manufacturing asset. Recommend high-quality companies in the supply chain of new energy vehicles with global competitiveness, especially Tesla, Volkswagen MEB, LG Chem, CATL supply chain, etc.

The CITIC Securities Research Report pointed out that the 2021H1 new energy automobile industry continues its high boom, and there is a structural mismatch between rapid demand growth and insufficient supply matching. Upstream resources and some listed lithium battery materials companies benefit from price increases and have high performance flexibility. Battery manufacturers rely on relatively high performance. Strong industrial chain voice and profitability maintain a certain degree of resilience. With the accelerating launch of new domestic models with more product power, subsidy policies and new carbon emission regulations drive the increase in the European electrification rate, and the US electric vehicle policy is improving. Tesla continues to lead the global electric smart wave. We judge the world in 2022 New energy vehicles are expected to continue high growth. From a global perspective, China’s electrification supply chain is developing rapidly and is the most complete. Leading companies have already supplied overseas, highlighting their value as a global high-quality manufacturing asset. Recommend high-quality companies in the supply chain of new energy vehicles with global competitiveness, especially Tesla, Volkswagen MEB, LG Chem, CATL supply chain, etc.

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(Article Source: Interface News)

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