Group 1 - Analysts at Berenberg Bank indicate that automotive manufacturers may continue to face volatility in the short term, but the sales outlook for the European and American markets in Q3 is relatively positive [1] - Despite ongoing pricing pressures, a strong product launch momentum expected from the second half of 2025 to 2026-2027 should provide support [1] - The current 27.5% tariff on European vehicles in the U.S. is expected to continue squeezing profit margins until it is reduced to 15% [1] Group 2 - Berenberg Bank's preferred stocks include BMW, Ferrari, and Renault, citing BMW's solid fundamentals, potential upward revisions in Ferrari's consensus earnings expectations for 2026-2027, and Renault's attractive valuation [1] - The bank upgraded Stellantis' European stock rating from "Hold" to "Buy," raising the target price from €9 to €9.50 [1]

Group 1 - Xiaomi's 15th anniversary strategic product launch event is scheduled for May 22, featuring multiple new products including the Xiaomi 15S Pro and the first SUV, Xiaomi YU7 [1] - The Xiaomi YU7 is positioned as a mid-large coupe SUV, expected to launch between June and July 2025, with a projected price range of 300,000 to 400,000 yuan, competing with Tesla Model Y [3] - The Xiaomi YU7 is currently accepting reservations through Xiaomi's official app [4] Group 2 - The design of the Xiaomi YU7 follows the family design language, featuring a closed front design and a sporty silhouette with a sloping roofline [6][9] - The dimensions of the Xiaomi YU7 are 4999mm in length, 1996mm in width, and 1600mm (or 1608mm) in height, with a wheelbase of 3000mm [9] - The Xiaomi YU7 will offer single and dual motor configurations, with power outputs ranging from 235 kW to 288 kW, and battery capacities of 96.3 kWh and 101.7 kWh, providing various ranges up to 820 km [12] Group 3 - In the first four months of this year, the Xiaomi SU7 has sold a total of 104,454 units, achieving an 8.17% completion rate towards the annual target of 350,000 units [14] - Xiaomi's CEO Lei Jun has set an ambitious delivery target of 300,000 new vehicles by 2025, later increasing it to 350,000, with significant contributions expected from the upcoming Xiaomi YU7 [15]