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BottomBounce

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BottomBounce

Re: maynerd post# 30

Friday, 09/11/2020 10:47:22 AM

Friday, September 11, 2020 10:47:22 AM

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$XPEV China’s passenger car market retains huge volumes at 25+ million passenger cars sold every year, thanks to urbanization and population growth.
EV penetration in China’s auto market soars to 35% by 2030, thanks to robust government support, rising consumer demand, falling EV prices, improving EV tech and more diverse supply.

Average sales prices on the cars hover around $50,000.

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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