Deutsche Bank expects Nio to deliver 450,000 units in 2025, double the 221,970 units it delivered in 2024.
They expect Xpeng to deliver 400,000 units in 2025, up 110 percent from 190,068 units in 2024.
Li Auto is expected to deliver 700,000 units in 2025, up 40 percent from 500,508 units in 2024.
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