Additional Weekend Reading materials for EV Stock owners. After official news release at month end, base on past month trend, Chinese EV stocks will have positive momentum for a few days.
CPCA expects China Nov NEV retail at 1.28 million, above 1 million for 4th consecutive month.
China's retail sales of new energy vehicles (NEVs) are expected to reach another record high this month, as the year-end peak season continues.
In November, retail sales of passenger NEVs in China are estimated at 1.28 million units, up 52 percent year-on-year and up 7 percent compared to October, according to estimates released today by the China Passenger Car Association (CPCA).
This means that monthly retail sales of NEVs in China are expected to exceed 1 million units for the fourth consecutive month this month.
$Boyd Gaming(BYD)$ $NIO Inc.(NIO)$ $Tesla Motors(TSLA)$ $Li Auto(LI)$ $XPeng Inc.(XPEV)$
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