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The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that although investors are concerned about car companies' self-development and increased competition for autonomous driving, the share of Horizon Robot-W (09660.HK)'s main customers in entry-level autonomous driving continues to expand. Coupled with breakthroughs in L2+ and above projects, the company's market share continues to increase. The bank maintains an “increase in holdings” rating and currently predicts that the company's revenue will reach 14 billion yuan in 2028 and reach a balance of payments.
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The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that although investors are concerned about car companies' self-development and increased competition for autonomous driving, the share of Horizon Robot-W (09660.HK)'s main customers in entry-level autonomous driving continues to expand. Coupled with breakthroughs in L2+ and above projects, the company's market share continues to increase. The bank maintains an “increase in holdings” rating and currently predicts that the company's revenue will reach 14 billion yuan in 2028 and reach a balance of payments.
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