Citi hikes price targets on China EV makers, sees stronger sales

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Should China EV investors chase new models? UBS weighs in

September 26, 2024 11:00 PM EDT

According to a recent UBS note, investors in Chinese electric vehicle (EV) makers may need to rethink their strategy when it comes to chasing new model launches.

UBS analyzed the share price performance of 18 models launched by NIO Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV), and Li Auto Inc. (NASDAQ:... More