According to a recent report by Morgan Stanley, Xiaopeng Motors delivered a total of 122500 smart electric vehicles in the first ten months, reaching 87% of its annual forecast. Based on multiple factors, including short-term supply constraints and seasonal effects, the delivery forecast for Xiaopeng Motors from 2024 to 2026 has been raised by 13% to 29%. At the same time, the "overweight" rating for Xiaopeng Motors has been reiterated, with the target price raised from HKD 45.6 to HKD 66.4.