《大行报告》花旗:吉利(00175.HK)新车「极氪001」尺寸及表现胜於特斯拉Model 3 料明年次季销量万辆
就吉利汽车(00175.HK)昨(15日)宣布推出新汽车品牌极氪(「Zeekr」)首款纯电动车型「极氪001」,将有三个版本每辆汽车售价介乎26.6万至34.5万人民币(计入补贴後),续航里程为526至712公里,新车型有望於10月21日开始交付,花旗发表报告表示,相信吉利推出「极氪001」是欲与特斯拉(TSLA.US)旗下Model 3形成直接竞争,该行认为吉利新电动车「极氪001」在尺寸和性能方面均较Tesla Model 3的看起来更出色,而「极氪001」价格略高於Model 3。
该行预计吉利旗下「极氪001」最初的月销量将介乎4,000至5,000辆,估计在全面投产後,至2022年第二季月销量可达到1万至1.2万辆。该行维持对吉利「买入」投资评级及目标价51.3元。
花旗认为,吉利旗下「极氪001」通过提供C级(即中大型车,轴距一般3米至3.1米左右)车辆的尺寸和配置,以及B级车辆(即中型车,轴距一般是2.6米至2.7米)的入门级价格,这是一款非常强大的产品,因此该行希望「极氪001」独特的价格对价格特性会带来需求。
该行就吉利新车「极氪001」与特斯拉旗下Model 3进行比较,从驾驶体验及性能表现,「极氪001」的尺寸超过了Model 3,其车长超过4.9米,轴距超过2米,而「极氪001」以相同的价格提供两种入门级版本,第一是长途里程版,续航里程为712公里,第二个版本双摩打版本,性能和加速性能更好,入门级价格仅为比特斯拉Model 3高出1万元人民币,而高端版本与Model 3一致。
花旗指,吉利新车「极氪001」的规格比Model 3高出一个细分市场。该行相信,如果Model 3的月销售量可以达到2.5万辆,料「极氪001」最少应取得此水平的一半以上销量。该行指吉利新车「极氪001」与比亚迪(01211.HK)旗下「汉」及小鹏汽车(XPEV.US)的P7是在不同产品的细分市场中,目标是不同的客户。
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