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研報掘金丨國聯民生:寧德時代利潤有望穩定增長,維持“買入”評級
國聯民生證券研報指出,新能源車滲透率攀升帶動換電模式持續升溫,鑑於寧德時代作爲鋰電池行業龍頭,且管理與技術優勢顯著,利潤有望穩定增長,維持“買入”評級。針對乘用車公司2024年推出巧克力換電塊2.0;針對重卡公司2025年推出標準化重卡換電塊;此外公司在2025年還推出鈉電池換電塊,助力低溫場景適應性。公司換電站相繼落地廈門、合肥、貴陽、泉州等城市,針對重卡,2023年“寧德廈門幹線”正式開通,爲騏驥重卡換電首次落地。此外,公司還與滴滴、哈囉出行以及衆多車企服務商合作開拓換電版圖。截至2024年12月,公司換電生態合作夥伴已增至近100家,並與30家企業共簽訂10.75萬塊電池訂閱。
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