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BottomBounce

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Re: Welcome2Pinkyland post# 5796

Tuesday, 05/28/2019 12:28:26 PM

Tuesday, May 28, 2019 12:28:26 PM

Post# of 24535
China is the world’s largest passenger vehicle market. The premium segment in this largest market continues to take market share from the entry and mid-range segments and is expected to continue to grow at a CAGR of 12.4% from 2017-2022, according to Frost & Sullivan. The SUV segment in China is also expected to outpace industry growth in the next 5 years, reaching ~17M units in 2022, representing a CAGR of 9.4% during the same period. $NIO

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