share_log

中信证券：美国新补贴计划利好电踏车行业，明年将是景气大年

CITIC: the new subsidy program in the United States is good for the electric bike industry. Next year will be a prosperous year.

智通財經 ·  Nov 18, 2021 20:10

According to a research report released by CITIC, the The Verge reported on October 28 that the US government intends to provide citizens who buy electric bikes with a refundable tax credit equal to 30 per cent of the purchase price of a new car, subject to a ceiling of $1500, while the plan will also give bicycle commuters a monthly commuting allowance of $81, according to the APP of Zhitong Finance. If the project is successfully launched, it is expected to further catalyze the demand for electric bikes. Affected by the disorder of production order caused by the epidemic, the electric bicycle industry has been facing the problem of insufficient production capacity, but at present, the recovery signal of upstream production capacity is obvious, as the demand side remains high and the inventory level is very low. with the solution of the upstream production capacity problem and the repair of profit quality, it is expected that 2022 will be the year when the demand of the electric bicycle industry will be realized and the profitability will stabilize. CITIC focuses on recommending global electric bicycle drive systems and components (PAS) leading octagonal shares (603489.SH), electric bikes ODM Jiuqi shares (300994.SZ), and Yadi Holdings (01585), which has both external supply and self-use of PAS.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment