The good news for Voyah is Voyah Dream has stable strong popularity in Mainland China. If Voyah Free is well received among customers, expect Voyah Free would boost the sales in the short term.

HIMA’s reliance on Aito is evident, and while the other three partners are growing steadily, the potential of the upcoming SAIC-Huawei brand Shangjie remains unknown.

Overreliance on Aito most likely would persist for longer time. Luxeed is growing, but lately Chery actively add more new marquees on many segments. This place Luxeed on the risk get neglected like Soueast post acquired by Chery in the near future. Stelato is flopped. Maextro is niche brand on ultra luxury segment, making Maextro cannot be positioned as volume maker.

Doubt Shangjie would be HIMA's next volume maker, due to all SAIC non JV brands (not counting SGMW) struggling on NEV market.

I think the G6 and G9 will continue to do very well overseas as they are still considered relatively new and premium, so it's not a wasted refresh. There's still the Mona M03 and P7+ that they've not yet shipped overseas. Margins will also be considerably higher across the board. XPeng is gradually gaining reputation as a quality Chinese brand overseas and it bodes well for their future. Management has done incredibly in their strategy and execution.

I think the G6 and G9 will continue to do very well overseas as they are still considered relatively new and premium, so it's not a wasted refresh. There's still the Mona M03 and P7+ that they've not yet shipped overseas. Margins will also be considerably higher across the board. XPeng is gradually gaining reputation as a quality Chinese brand overseas and it bodes well for their future. Management has done incredibly in their strategy and execution.

I can’t see Xiaomi expanding to international markets in two years. Their domestic market demand is already sketching them very thin. Unless they take on debt to build factories faster than BYD

XPeng by that point will be established and should have some design inspiration from xiaomi.

Leapmotor's goal is ambitious but achievable, even if the D series flops.

I think brands are highly overrating HIMA, as only Aito and maybe Maextro can be considered successful. I predict Shangjie will flop just like IM because of its non-JV SAIC reputation unless it is very price competitive.

Deepal might be getting cannibalized by Qiyuan/Changan Nevo. Avatr brought their vehicles to market too late, and despite their CATL association their EV batteries aren't quite hitting 5C charging like competitors can. The upcoming 3-row will again be almost a year late to market.

Voyah will miss their target, but the new Free should give them a good boost in H2.

I think Xiaomi can increase their delivery target once the F2 plant extension has a smooth start of production.