EV market demand big enough for everyone. If fundamental of the company is good. And in the correct segment, it should have good growth.

Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts

Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon
Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts

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  • Guardian91
    ·2021-07-20
    Whatever ICE car you see around will one day become an EV. Thats the market potential.
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    • fongj
      Totally agree.
      2021-07-20
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  • fionat
    ·2021-07-20
    Agree, EV market has alot more potential for growth. Most cars on the road are still fuel-powered
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  • SandDust
    ·2021-07-20
    It is as big as the car market now.
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  • Minion
    ·2021-07-20
    agree
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    • xj7078
      ?
      2021-07-20
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