For me its definitely small to mid cap stocks. One of the long term stock for me is NIO that is still at infant stage of its growth. Unlike BYD has been around for a while
1. Popularity - there is a crowd that follows and love it. Consumers now know it. It can be a new toyota in terms of volume
2. Geographical expansion will go to untapped markets
3. Its advantage in data and battery technology helps to streamline its business and costs
4. Govt support of course is important
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