Lates News

According to a report released by Open Source Securities on April 13th, by giving a "buy" rating to Taotao Automobile (301345.SZ). The main reasons for the rating include: 1) The off-road low-speed electric vehicle (LSEV) space and the company's advantages may be underestimated by the market; 2) The space of the golf cart industry: it is expected that the shipments will reach around 300,000 units by 2025, with a steady sales volume of 1.45 million units; 3) Competition in the golf cart industry: the company is expected to have the top share, with breakthroughs in various types of dealers; 4) Company advantages: fast product iteration speed, cost-effectiveness, accumulation of localized channels, and sufficient overseas production capacity. (Daily Economic News)