新能源汽车行业周报：需求端旺盛，多家车企电车销量创新高

Investment Rating - The report maintains a "Recommended" investment rating for the new energy vehicle industry [2] Core Views - Strong demand and high cost-performance of quality assets are driving the market. In September 2024, production and sales of new energy vehicles reached 1.307 million and 1.287 million units, respectively, marking year-on-year increases of 48.8% and 42.3%. For the first nine months of 2024, production and sales totaled 8.316 million and 8.32 million units, with year-on-year growth of 31.7% and 32.5% [1][2] - The industry is benefiting from robust policy support and the continuous launch of quality models, such as NIO's L60 and XPeng's M03, which have received positive market feedback. In October, several companies demonstrated strong performance, confirming the strong demand side [1] - The release of CATL's "Xiaoyao" super hybrid battery, set to be used in over 30 models from brands like Avita, Li Auto, and others, indicates ongoing technological advancements driving demand [1] - Key companies in the energy storage sector, such as CATL and EVE Energy, are showing strong performance, reflecting the overall resilience of the industry [1] Summary by Sections Market Review - The new energy vehicle index, lithium battery index, fuel cell index, charging pile index, and energy storage index experienced weekly changes of -0.84%, -3.72%, -0.51%, -2.62%, and -5.30%, respectively. The top five gainers in the lithium battery index included Yicheng New Energy (22%), Foshan Plastics (12%), and others, while the top five losers included Haike New Energy (-17%) and others [3] Industry Dynamics - Lithium prices have seen a slight decline, with carbonate lithium priced at 73,900 CNY/ton (up 0.9% from last week) and hydroxide lithium at 67,000 CNY/ton (down 0.2%). Cobalt prices dropped by 4.4% to 174,000 CNY/ton, while phosphate iron lithium rose by 0.6% to 33,100 CNY/ton [4][28] Key Company Announcements - BYD and other companies reported impressive electric vehicle sales for October, with BYD achieving 503,000 units (up 67% year-on-year) and Zeekr reaching 25,000 units (up 92% year-on-year) [5][35] Focus Companies and Earnings Forecast - Key companies with buy ratings include EVE Energy, CATL, and others, with projected earnings per share (EPS) for 2024E and 2025E showing positive growth trends [6][7][9]