Citi: Li Auto-W BEV i8 order data surprises the market
Citi released a research report stating that Li Auto-W's stock price surged on the afternoon of the 17th, which is believed to be due to the company's announcement that its new BEV i8 received over 20,000 orders within the first four hours of its debut, surprising the market. The report mentioned that Li Auto expects the BEV i8 to be priced between 350,000 to 400,000 RMB, slightly higher than the market expectation of 330,000 to 340,000 RMB. Based on the release situation of similar models, initial orders are likely to convert into a normalized monthly sales volume of 5,000 to 6,000 vehicles
According to the Zhitong Finance APP, Credit Lyonnais released a research report stating that Li Auto-W (02015) saw a significant surge in stock price on the afternoon of the 17th, believed to be due to the company's announcement that its new BEV i8 received over 20,000 orders within the first four hours of its debut, which surprised the market. The report mentioned that Li Auto expects the price of the BEV i8 to reach 350,000 to 400,000 RMB, slightly higher than the market expectation of 330,000 to 340,000 RMB. Based on the release situation of similar models, initial orders are likely to convert into a normalized monthly sales volume of 5,000 to 6,000 vehicles
