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Galaxy Securities: Multiple flagship new energy products are expected to be launched successively after the holiday, and automotive market consumption is expected to recover.
Galaxy Securities Research Report believes that January and February are the traditional Chinese New Year consumption off-season, with domestic sales temporarily declining. Looking ahead to after the Spring Festival, production resumption and work resumption are progressing in an orderly manner. The Beijing Auto Show, China’s first A-level car exhibition, is approaching (April 24 to May 3). Automakers will soon enter the first half of 2026’s flagship new product release cycle. New cars such as Li Auto L9 Livis, XPeng GX, BYD Tang, Xiaomi YU 7GT, new SU7, Wenjie M6, WEY V9X, Zhiji V9, and Zeekr 8X are expected to be launched. The market will see a new round of intensive supply, which is expected to boost market demand. The penetration rate of new energy vehicles is expected to bottom out and rebound. (People’s Financial News)