Morgan Stanley: Focus on XPeng's Expansion of Huawei's AR-HUD Across Existing Models
1 week ago / Read about 0 minute
Author:小编   

In a report released on June 6, Morgan Stanley highlighted XPeng Motors' (XPEV.N) collaboration with Huawei to introduce AR-HUD technology, a strategic move anticipated to address the high-end market gap. Nonetheless, Morgan Stanley cautions that solely integrating AR-HUD may not suffice for XPeng Motors to seamlessly penetrate the high-end market later this year. The firm anticipates deeper partnerships between the two entities to propel advancements in smart cabin technology. Furthermore, the report underscores the significance of whether XPeng Motors will extend the deployment of Huawei's AR-HUD to its current models and explore additional collaborations with Huawei on advanced electric vehicle components, such as HDADB. Morgan Stanley reaffirms its target price of $26 for XPeng Motors' American Depositary Shares (ADS) and maintains a "buy" rating.