The competition in the new energy vehicle sector is intense. With the launch of the Xiaopeng P7+, it's surprising to see that small shareholders actually hope for lower car prices. Rationally speaking, this doesn't seem like a good thing at all.
Given that the competition has reached this level, is it possible that the upstream suppliers might have an advantage? Especially in cases of low-priced models with added features, this could lead to significant increases in demand for certain components, such as lidar and smart cockpit systems.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
