研報掘金丨民生證券:比亞迪加速出海,同時高端化穩步推進,維持“推薦”評級
民生證券研報指出,比亞迪7月新能源汽車批發銷售34.4萬輛,同比+0.6%,環比-10.0%;新能源乘用車批發銷售34.1萬輛,同比+0.1%,環比-9.7%。分品牌看,7月王朝海洋、騰勢、方程豹、仰望銷量分別31.5萬輛、11,365輛、14,180輛、339輛。受益海外車型上量及區域拓展,7月新能源出口銷量8.1萬輛,同比+169.0%,環比-10.3%。受益海外車型上量及區域拓展,7月新能源出口銷量8.1萬輛,同比+169.0%,環比-10.3%,總體看今年出海穩步增長。2025年為公司的高端化產品大年,王朝旗艦車型漢L/唐L已上市,其兆瓦閃充技術依託全域1000V高壓架構與自研“閃充電池”,實現5分鐘補能400公里續航。看好公司技術驅動產品力與品牌力向上,加速出海,同時高端化穩步推進,維持“推薦”評級。
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