Securities companies: optimistic about the investment opportunities brought by the upgrading of intelligent automobiles and the increase in market penetration.

On May 1st, a large number of new energy vehicle companies disclosed their delivery data for April. Among them, Xiaopeng Motors delivered 35,045 new cars, a year-on-year increase of 273%; Zeropao Motors delivered 41,039 cars, a year-on-year increase of 173%; Xiaomi Motors delivered over 28,000 cars, and NIO delivered 23,900 cars. In the secondary market, the new energy vehicles and auto parts sectors have been rebounding recently. On April 30th, the Wind Automobile Parts Index rose by over 2%, and the New Energy Vehicles Index also increased by nearly 2%. Stocks such as Lingdao Electric Control, South Precision Machinery, West Shanghai, Fuda Shares, Rongtai Shares, and Xingmin Zhitong all experienced price limit increases or rose by over 10%. Some securities firms have expressed that currently, many car companies are accelerating the development and deployment of smart driving technology, and they see opportunities for investment in the industry brought about by the upgrading of car intelligence and increased market penetration.