Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The launch of the new model P7+ is expected to create a strong market response, with pricing set at 186,800 RMB for the long-range Max version and 198,800 RMB for the super long-range Max version [2] - The P7+ is positioned as an AI intelligent driving hatchback, featuring a spacious interior and advanced technology that aims to redefine the mainstream family sedan market [3][4] Financial Projections - Revenue forecasts for 2024 to 2026 have been revised upwards to 40.4 billion, 90.7 billion, and 152.5 billion RMB respectively, with net profit projections adjusted to -4.2 billion, 1.3 billion, and 7.4 billion RMB [5] - The report indicates a positive cycle of volume, price, and profit is beginning to accelerate [5] - The company is expected to achieve a significant increase in revenue growth rates, with projections of 31.66% in 2024 and 124.61% in 2025 [12]
小鹏汽车-W：P7+正式上市，爆款可期！