Kohei Highway #34：Has US BEV bottomed out？ CPI news

Investment Rating - The report provides various investment ratings for automotive companies, including "Buy," "Sell," and "Neutral" classifications for different manufacturers [11][12]. Core Insights - The US Battery Electric Vehicle (BEV) market is suggested to have bottomed out, indicating potential recovery and growth opportunities [3][61]. - The report highlights the performance of various automotive manufacturers, with specific attention to their market valuations and projected earnings [11][12]. Summary by Sections Automotive OEMs Valuation - Volkswagen (VW) is rated "Sell" with a market value of $54 billion and a target price of $100, currently priced at $93.2 [11]. - Mercedes-Benz is rated "Buy" with a market value of $85 billion and a target price of $130, currently priced at $57.8 [11]. - Tesla is rated "Sell" with a market value of $663 billion and a target price of $197, currently priced at $207.8 [11]. Automotive Suppliers Valuation - Mobileye Global is rated "Buy" with a market value of $1 billion and a target price of $22, currently priced at $14.8 [12]. - Denso is rated "Buy" with a market value of $48 billion and a target price of $3,200, currently priced at $2,188 [12]. - Panasonic is rated "Sell" with a market value of $18.2 billion and a target price of $1,065, currently priced at $1,093.5 [12]. Market Trends - The report notes a significant increase in BEV sales in China and the US, with projections indicating a strong growth trajectory for the sector [55][61]. - The report discusses the competitive landscape, highlighting the performance of key players like Tesla, Hyundai, and Ford in the BEV market [61][64].