里昂发表研究报告指出，小鹏汽车(09868.HK) 的“双能战略”或有助其渗透中国北方城市。该行预期尽管2026年国内汽车需求低迷，其汽车销量仍具韧性，达47.1万辆，按年增长10%。然而，行业性原材料成本上涨，加上对人工智能的额外研发开支，将减慢小鹏于2026年达致收支平衡的步伐。该行下调2025年、2026年及2027年收入预测8%、28%及37%，以反映国内汽车需求减弱，并预期因行业成本上涨...
Source Link里昂发表研究报告指出，小鹏汽车(09868.HK) 的“双能战略”或有助其渗透中国北方城市。该行预期尽管2026年国内汽车需求低迷，其汽车销量仍具韧性，达47.1万辆，按年增长10%。然而，行业性原材料成本上涨，加上对人工智能的额外研发开支，将减慢小鹏于2026年达致收支平衡的步伐。该行下调2025年、2026年及2027年收入预测8%、28%及37%，以反映国内汽车需求减弱，并预期因行业成本上涨...
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